Grab (GRAB)
NASDAQ:GRAB
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Earnings Data
Report Date
Aug 20, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.02Last Year’s EPS
0.01Same Quarter Last Year
Strong Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive view driven by strong top‑line growth (on‑demand GMV +24% YoY), operational traction (52M MTUs), clear AI monetization and efficiency wins (Turbo +23% driver earnings per hour; Mai +15% merchant GMV uplift; advertiser spend +44% YoY), Financial Services momentum (loan disbursals +67% to >$1B and H2 breakeven target), continued adjusted EBITDA expansion and $489M trailing adjusted free cash flow. Headwinds include a Q1 step‑up in regional corporate costs tied to AI investments, elevated driver incentives because of seasonality and fuel volatility, Indonesian regulatory uncertainty around commission caps, and cautious credit overlays—none of which the company characterized as derailing guidance. Given the breadth and magnitude of positive operational and financial indicators and management's reiterated full‑year guidance and buyback activity, the positives significantly outweigh the lowlights.Company Guidance
On‑demand GMV and User Growth
On‑demand GMV growth accelerated to 24% year‑on‑year; group monthly transacting users rose to 52 million, demonstrating top‑line and active user expansion.
Financial Services Momentum
Loan disbursals grew 67% year‑on‑year to exceed $1.0 billion; segment revenue accelerated 43% YoY (38% constant currency) with more than one‑third of incremental revenue dropping to the bottom line; management reiterates adjusted EBITDA breakeven for Financial Services in H2 2026.
Sustained EBITDA and Cash Flow Improvement
Grab delivered its 17th consecutive quarter of adjusted EBITDA growth and expanded trailing 12‑month adjusted free cash flow to $489 million.
AI‑Driven Efficiency and Monetization
AI initiatives are driving measurable outcomes: Turbo (driver AI) adoption led to a 23% uplift in earnings per online hour; Merchant AI Assistant (Mai) adopted by ~50% of active single‑store merchants and delivered ~15% GMV uplift for engaged merchants; average advertiser spend grew 44% YoY.
Mobility and Deliveries Resilience
Mobility transactions rose 28% YoY (transactions outpacing GMV); April weekly average mobility transactions sustained +32% YoY; deliveries saw record high daily transacting users in April; group orders GMV up 74% YoY and GrabUnlimited continues to account for one‑third of deliveries GMV.
Autonomous Vehicle Milestone
Transitioned from private trials to full paying public AV operations in April via AIR partnership with WeRide—the first autonomous passenger service deployed in a Southeast Asian residential estate; fleet logged over 40,000 km and served several thousand public rides.
Partner Earnings and Supply Health
Driver and merchant economics strengthened: platform partners earned over $15 billion in 2025 (up 19% YoY); total active driver partners increased 4% QoQ and 16% YoY; merchant earnings grew 12% in the quarter.
Grocery (GrabMart) Traction
GrabMart represents ~10% of deliveries GMV and is growing 1.7x faster than food; MTU inflow into grocery grew 2.6x the rate of food MTU growth YoY and grocery order frequency is ~1.8x that of food‑only users, indicating strong engagement and TAM opportunity.
EV Adoption Progress
Thailand fleet exceeded 30,000 EVs on platform; consumer demand for EV option grew >35% YoY; drive‑to‑own EV programs available across markets (partnerships with BYD, GAC) to reduce driver exposure to fuel volatility.
Capital Allocation Confidence
Management reiterated FY2026 guidance (Group revenue $4.04–$4.10 billion; adjusted EBITDA $700–$720 million) and announced a $400 million accelerated share repurchase as part of the buyback program, signaling conviction in long‑term value.
GRAB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GRAB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $3.62 | $3.68 | +1.66% |
Feb 11, 2026 | $4.23 | $4.27 | +0.95% |
Nov 04, 2025 | $5.79 | $5.64 | -2.51% |
Jul 30, 2025 | $5.29 | $4.89 | -7.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Grab (GRAB) report earnings?
Grab (GRAB) is schdueled to report earning on Aug 20, 2026, Before Open (Confirmed).
What is Grab (GRAB) earnings time?
Grab (GRAB) earnings time is at Aug 20, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GRAB EPS forecast?
GRAB EPS forecast for the fiscal quarter 2026 (Q2) is 0.02.
