Grab Holdings (GRAB) Cost of Revenue (2020 - 2025)

Grab Holdings' (GRAB) quarterly Cost of Revenue came in at $509.0 billion in Q4 2025, up 117824074073974.08% year-on-year from N/an in Q4 2024, and down 63.77% quarter-over-quarter from $1405.0 billion in Q3 2025.

Grab Holdings (GRAB) Cost of Revenue (2020 - 2025) Analysis & Trends

Grab Holdings' Cost of Revenue history runs 6 years deep, the most recent figure standing at $509.0 billion for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 117824074073974.08% year-over-year to $509.0 billion in Q4 2025; TTM through Dec 2025 was $451379.0 billion, a 116216294129.45% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 17.93% from the prior year.
  • Cost of Revenue declined to $509.0 billion in Q4 2025 per GRAB's latest filing, from $1405.0 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $449000.0 billion in Q1 2025 and bottomed at $0.43 in Q4 2024.
  • The 5-year median for Cost of Revenue is $241.0 million (2021), against an average of $40072.7 billion.
  • Across the five-year window, Cost of Revenue slumped 100.0% in 2023 and surged 117968094038523.02% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $298.0 million in 2021, then plunged by 100.0% to $388.0 in 2022, then fell by 2.84% to $377.0 in 2023, then sank by 99.89% to $0.43 in 2024, then soared by 117824074073974.08% to $509.0 billion in 2025.
  • Per Business Quant, the three latest GRAB Cost of Revenue figures stand at $509.0 billion (Q4 2025), $1405.0 billion (Q3 2025), and $465.0 billion (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Grab Holdings 13.73 Bn 6.93 Bn -509.00 Bn 509.00 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 509.00 Bn
Dec 31, 2025 509.00 Bn
Sep 30, 2025 1,405.00 Bn
Sep 30, 2025 1,405.00 Bn
Jun 30, 2025 465.00 Bn
Jun 30, 2025 465.00 Bn
Mar 31, 2025 449,000.00 Bn
Mar 31, 2025 449,000.00 Bn
Dec 31, 2024 0.43
Dec 31, 2024 0.43
Sep 30, 2024 1.19
Sep 30, 2024 1.19
Jun 30, 2024 388,000.00
Jun 30, 2024 388,000.00
Mar 31, 2024 394.00
Mar 31, 2024 394.00
Dec 31, 2023 377.00
Dec 31, 2023 377.00
Sep 30, 2023 375.00
Sep 30, 2023 375.00