GRAB financial statements
The full income statement, balance sheet, and cash-flow statement for Grab Holdings Limited (GRAB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 3.37B+20.5% | 2.80B+18.6% | 2.36B+64.6% | 1.43B+112.3% | 675M+43.9% | |
| Cost of revenue | 1.91B+17.9% | 1.62B+8.3% | 1.50B+10.5% | 1.36B+26.7% | 1.07B+11.1% | |
| Research & development | 428M+4.4% | 410M-2.6% | 421M-9.5% | 465M+30.6% | 356M+38.5% | |
| Operating income | 65.0M+138.7% | -168M+67.6% | -519M+62.2% | -1.37B+11.7% | -1.55B-19.8% | |
| Interest expense | 71.0M-33.0% | 106M+7.1% | 99.0M-40.4% | 166M-90.2% | 1.70B+17.5% | |
| Pre-tax income | 269M+383.2% | -95.0M+79.6% | -466M+73.1% | -1.73B-148.8% | 3.55B+29.5% | |
| Income tax | 69.0M+9.5% | 63.0M+231.6% | 19.0M+216.7% | 6.00M+100.0% | 3.00M+50.0% | |
| 200M+226.6% | -158M+67.4% | -485M+72.1% | -1.74B+51.1% | -3.56B-29.5% | ||
| Net income to common | 268M+355.2% | -105M+75.8% | -434M+74.2% | -1.68B+51.2% | -3.45B-32.2% | |
| $0.06+300.0% | -$0.03+72.7% | -$0.11+75.0% | -$0.44+93.1% | -$6.39+55.6% | ||
| EPS (basic) | $0.07+333.3% | -$0.03+72.7% | -$0.11+75.0% | -$0.44+93.1% | -$6.39+55.6% | |
| Weighted-avg shares (basic) | 4.09B+2.4% | 4.00B+2.6% | 3.89B+2.1% | 3.81B+606.5% | 540M+198.0% | |
| Weighted-avg shares (diluted) | 4.21B+5.3% | 4.00B+2.6% | 3.89B | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.08B+23.1% | 6.57B+13.8% | 5.77B+1.4% | 5.69B-34.4% | 8.68B+131.0% | ||
| Cash & equivalents | 3.43B+15.8% | 2.96B-5.5% | 3.14B+60.8% | 1.95B-60.9% | 4.99B+129.7% | |
| Accounts receivable | 240M+16.5% | 206M+5.1% | 196M+4.8% | 187M-26.7% | 255M+48.3% | |
| Inventory | 87.0M+47.5% | 59.0M+20.4% | 49.0M+2.1% | 48.0M+1100.0% | 4.00M+33.3% | |
| 12.0B+28.9% | 9.29B+5.7% | 8.79B-4.1% | 9.17B-18.0% | 11.2B+105.4% | ||
| Property, plant & equipment | — | — | 512M+4.1% | 492M+11.6% | 441M+14.8% | |
| Total non-current assets | 3.90B+43.0% | 2.73B-9.8% | 3.02B-13.2% | 3.48B+39.1% | 2.50B+48.4% | |
| 4.63B+78.5% | 2.59B+75.4% | 1.48B+34.7% | 1.10B+6.9% | 1.03B+22.7% | ||
| Short-term & current debt | 1.68B+1265.9% | 123M-1.6% | 125M+6.8% | 117M-18.8% | 144M+2.9% | |
| 5.23B+77.5% | 2.94B+26.7% | 2.32B-7.5% | 2.51B-20.4% | 3.16B-73.1% | ||
| Long-term debt | 373M+54.8% | 241M-63.9% | 668M-46.5% | 1.25B-38.6% | 2.03B+1729.7% | |
| 6.73B+5.1% | 6.40B-0.8% | 6.45B-2.3% | 6.60B-14.6% | 7.73B+220.8% | ||
| Total equity incl. non-controlling | 6.76B+6.4% | 6.35B-1.8% | 6.47B-2.8% | 6.66B-17.0% | 8.02B+227.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 79.0M-90.7% | 852M+890.7% | 86.0M+110.8% | -798M+16.4% | -954M-48.4% | ||
| Depreciation & amortization | 177M+20.4% | 147M+1.4% | 145M-3.3% | 150M-56.5% | 345M-10.9% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 193M+60.8% | 120M+3.4% | 116M+6.4% | 109M-94.5% | 1.98B+24650.0% | |
| Long-term debt repaid | 260M-59.1% | 635M-17.0% | 765M-24.9% | 1.02B+479.0% | 176M+66.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 21.0B+11.3% | 18.9B | — | — | — | |
| P/E | 104.9× | — | — | — | — | |
| P/S | 6.2×-7.6% | 6.7× | — | — | — | |
| P/B | 3.1×+5.9% | 2.9× | — | — | — | |
| Earnings yield | 0.95% | — | — | — | — | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: GRAB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all GRAB filings on SEC EDGAR → Not investment advice.