Grab Holdings reported a profit of US$252 million for the second quarter of 2026, marking a significant increase from the US$35 million recorded in the same period last year. The Southeast Asian super-app platform saw its quarterly revenue climb 22 per cent to US$997 million, driven by steady growth across its core segments of deliveries, mobility, and financial services. The company also reached a record 54 million monthly transacting users during the quarter, signaling strong consumer demand for its integrated services.
Following these results, Grab raised its full-year 2026 revenue guidance to between US$4.10 billion and US$4.15 billion, up from its previous forecast. The company also increased its adjusted EBITDA guidance to a range of US$720 million to US$740 million. This improved outlook reflects the company's ongoing efforts to scale its operations and improve efficiency through its AI-powered intelligence layer, which is now embedded across its platform to optimize driver and merchant earnings.
In addition to the financial upgrades, Grab’s board has authorized an additional US$750 million for a share repurchase program. This brings the total cumulative authorization for buybacks since 2024 to US$1.75 billion. Management noted that this move underscores their confidence in the company's long-term business model and its ability to generate durable, profitable growth.
Looking ahead, Grab continues to navigate a dynamic macroeconomic environment. The company is focused on executing its product strategy while managing competitive pressures in its core markets. As it scales, the firm remains committed to a disciplined capital allocation framework, balancing investments in new technology and financial services with the goal of delivering consistent returns to shareholders.