Grab Holdings Limited (GRAB) announced earnings for its first quarter that Increased from the same period last year
The company's earnings totaled $136 million. This compares with $24 million last year.
The company's revenue for the period rose 23.5% to $955 million from $773 million last year.
Grab Holdings Limited earnings at glance (GAAP):
-Earnings: $136 Mln. vs. $24 Mln. last year.-Revenue: $955 Mln vs. $773 Mln last year.
For the first quarter, the company posted a net loss of $0.01 per share, compared with a profit of $0.01 per share in the same period last year.
Looking ahead, for fiscal 2026, Grab Holdings has reaffirmed its outlook.
The company still expects adjusted EBITDA of $700 million to $720 million, up 40% to 44% from the previous year.
Grab Holdings continues to expect revenue of $4.04 billion to $4.10 billion, up 20% to 22% from last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.