Added to YB: 2026-08-07
Pitch date: 2026-08-05
GRAB [neutral]
Grab Holdings Limited
-1.87%
current return
Author Info
GabGrowth writes about asymmetric investments that go unnoticed, with a deep focus on emerging markets. Sign up for the newsletter.
Company Info
Grab Holdings Limited operates the Grab superapp in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Market Cap
$15.3B
Pitch Price
$3.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
32.54
P/E
33.95
EV/Sales
3.00
Sector
Ground Transportation
Category
growth
Grab Q2 2026 Earnings Review
GRAB (earnings): Q2'26 rev $997M (+22% YoY) narrow beat; Adj EBITDA $168M (+54%, 16.9% margin), 18th straight qtr growth. GAAP profit $235M inflated by $307M Superbank remeasurement; underlying op profit $19M. GFin loans +197% (~100% organic ex-Superbank), H2 profitability guided. Raised FY26 rev to $4.10-4.15B, +$750M buyback ($1.75B total). Deliveries margin 2.3% despite grocery mix; ads rev ~+50%. Negatives: incentives rising, rev not accelerating, mobility margin hit by fuel/Indonesia caps. Core holding, unchanged; views stock dislocated from fundamentals.
Read full article (10 min)