Grab Raises 2026 Forecast as Profitability Improves

what happened

Southeast Asian ride-hailing and delivery company Grab posted strong third-quarter results and lifted its full-year guidance, as its core businesses become more profitable with scale. Dow Jones Newswires reports that adjusted EBITDA rose 73% to a record $237 million for the three months ended in September. Net profit was $18 million, compared with $17 million a year earlier, as a sharp gain in operating profit was largely offset by losses on investments. Revenue climbed a stronger-than-expected 27% to $1.112 billion; Visible Alpha consensus had forecast $1.08 billion.

The company raised its 2026 adjusted EBITDA forecast to $790–800 million from $720–740 million, and its revenue forecast to $4.15–4.20 billion from $4.10–4.15 billion. Grab also said it bought back $400 million of shares in the September–October period, leaving $500 million under the program.

why it matters

For investors, the signal is that revenue and EBITDA are growing faster than expected, and the buyback program supports interest in the shares. Still, weak net profit growth caused by investment losses is a factor worth weighing when judging the results.

market impact

Grab shares: record EBITDA and higher guidance support the stock.

• ▲Grab shares (GRAB) pressure up — raised 2026 EBITDA and revenue forecasts

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