Grab raised its full-year 2026 revenue and earnings forecasts. The revisions were driven by expanding demand for ride-hailing and delivery services and improved profitability in financial services, with full-year 2026 revenue raised to US$4.15–4.20 billion and adjusted EBITDA to US$790–800 million.
Grab Holdings, which operates ride-hailing and food-delivery services in Southeast Asia, raised its full-year revenue and earnings forecasts on 3 November 2026. The revisions were driven by increased use of ride-hailing and delivery services and improved profitability in its financial services business.
Grab reported third-quarter 2026 revenue of US$1.11 billion, up 27% year on year and above market expectations. Gross merchandise volume for ride-hailing and delivery reached US$6.8 billion, while monthly active users increased to a record 57 million.
Use of lending and insurance services for drivers and merchants expanded in financial services, which recorded core business profit for the first time on a quarterly basis. CEO Anthony Tan said user numbers were increasing despite higher fuel prices and a challenging economic environment.
Grab said the focus going forward would be on converting user growth into improved profitability.