Grab Holdings Reports Strong Q1 2025 Results

Grab ( (GRAB) ) has released its Q1 earnings. Here is a breakdown of the information Grab presented to its investors.

Grab Holdings Limited, a leading superapp in Southeast Asia, operates across the deliveries, mobility, and digital financial services sectors, serving millions of users in eight countries with a wide range of services through a single app.

In its first quarter of 2025, Grab reported a significant improvement in financial performance, with an 18% year-over-year revenue growth to $773 million and a notable turnaround to a profit of $10 million from a loss in the previous year. The company also achieved a record high Adjusted EBITDA of $106 million, marking its thirteenth consecutive quarter of expansion in this metric.

Key highlights from the quarter include a 16% growth in On-Demand Gross Merchandise Value (GMV) to $4.9 billion, driven by increases in both Mobility and Deliveries segments. The company also saw a substantial rise in its loan portfolio by 56% year-over-year, reflecting strong growth in its financial services. Additionally, Grab’s operating cash flow reached $936 million on a trailing 12-month basis, showcasing robust cash generation capabilities.

Looking ahead, Grab’s management remains optimistic about continued growth, raising its full-year Adjusted EBITDA guidance to a range of $460 million to $480 million. The company plans to leverage AI and technological advancements to enhance service reliability and affordability, positioning itself to navigate potential macroeconomic uncertainties effectively.