Grab Holdings (GRAB) Cost of Revenue (2020 - 2026)
Grab Holdings' Cost of Revenue came in at $562 million for the quarter ended Jun 30, 2026, up 20.9% from $465 million a year earlier and up 3.9% from the prior quarter.
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Analysis
Grab Holdings (GRAB) Cost of Revenue (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Grab Holdings reported Cost of Revenue of $2.1 billion, up 19.8% year-over-year; for the year ended Dec 31, 2025, it came in at $1.91 billion, up 17.9% from the prior year.
- Cost of Revenue has increased in each of the last five years, with a five-year compound annual growth rate of 14.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Cost of Revenue was $1.62 billion in the year ended Dec 31, 2024 (+8.3%), $1.5 billion in the year ended Dec 31, 2023 (+10.5%), $1.36 billion in the year ended Dec 31, 2022 (+26.7%) and $1.07 billion in the year ended Dec 31, 2021 (+11.1%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Cost of Revenue in data going back to the quarter ended Dec 31, 2020.
- Year-over-year, Cost of Revenue has increased for three consecutive quarters, with growth averaging 17.9% over the last six quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in the quarter ended Dec 31, 2022 (growth of 30.2%), and the weakest in the quarter ended Dec 31, 2023 (a decline of 2.8%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 6.04 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 24.48 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 1.88 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 7.82 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 7.08 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 3.70 Bn |
| 10 | Grab Holdings | 12.60 Bn | -2.08 Bn | 435.00 Mn | 562.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 562.00 Mn |
| Mar 31, 2026 | 541.00 Mn |
| Dec 31, 2025 | 509.00 Mn |
| Sep 30, 2025 | 491.00 Mn |
| Jun 30, 2025 | 465.00 Mn |
| Mar 31, 2025 | 449.00 Mn |
| Dec 31, 2024 | 432.00 Mn |
| Sep 30, 2024 | 409.00 Mn |
| Jun 30, 2024 | 388.00 Mn |
| Mar 31, 2024 | 394.00 Mn |
| Dec 31, 2023 | 377.00 Mn |
| Sep 30, 2023 | 375.00 Mn |
| Jun 30, 2023 | 376.00 Mn |
| Mar 31, 2023 | 372.00 Mn |
| Dec 31, 2022 | 388.00 Mn |
| Jun 30, 2022 | 337.00 Mn |
| Mar 31, 2022 | 310.00 Mn |
| Dec 31, 2021 | 298.00 Mn |
| Sep 30, 2021 | 266.00 Mn |
| Jun 30, 2021 | 266.00 Mn |
API Access
Grab Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GRAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GRAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GRAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();