Quarterly ResultAug 4, 2026, 06:17 AM
Grab Announces $750M Share Repurchase; Q2 Revenue Up 22%
AI Summary
Grab Holdings Ltd reported record second quarter 2026 results, with revenue growing 22% year-over-year to $997 million and profit for the period reaching $235 million. The company also announced a new $750 million share repurchase program and raised its full-year guidance. Adjusted EBITDA increased 54% year-over-year to $168 million, driven by strong performance across all segments.
Key Highlights
- Grab's Board authorized a new $750 million share repurchase program.
- Q2 2026 Revenue increased 22% year-over-year to $997 million.
- Q2 2026 Profit for the period was $235 million, up $215 million year-over-year.
- Q2 2026 Adjusted EBITDA grew 54% year-over-year to $168 million.
- On-Demand GMV increased 21% year-over-year to $6.5 billion.
- Full-year guidance was raised following strong Q2 performance.
- Completed acquisition of Stash Financial, Inc. in July 2026.
Price Impact
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