Grab Holdings (GRAB) Gross Margin (2020 - 2026)
Grab Holdings (GRAB) posted Gross Margin of 43.63% for Q2 2026, down 56.37% on a QoQ basis from 100.0% in Q1 2026, and up 41.0% year-over-year from 30.94% in Q2 2025.
Analysis
Grab Holdings (GRAB) Gross Margin (2020 - 2026) Analysis & Trends
Grab Holdings has reported Gross Margin for 7 years, with the latest figure at 43.63% in Q2 2026.
- On a quarterly basis, Gross Margin rose 41.0% year-over-year to 43.63% in Q2 2026; TTM through Jun 2026 was 79.88%, a 31.0% increase from a year earlier, with the FY2025 full-year figure at 43.2%, up 123.0% from the prior year.
- Gross Margin was 43.63% for Q2 2026 at Grab Holdings, down from 100.0% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q1 2026, with the low at 4.98% in Q2 2022.
- Average Gross Margin over 5 years is 53.49%, with a median of 43.46% recorded in 2024.
- The largest YoY upside for Gross Margin was 16697 bps in 2022 against a maximum downside of 10000 bps in 2022.
- Over 5 years, Gross Margin stood at 22.71% in 2022, then soared by 86 bps to 42.27% in 2023, then grew by 3 bps to 43.46% in 2024, then advanced by 1 bps to 43.82% in 2025, then declined by 0 bps to 43.63% in 2026.
- The last three Gross Margin figures came in at 43.63% (Q2 2026), 100.0% (Q1 2026), and 43.82% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 44.93% |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 52.69% |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | 43.63% |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 49.75% |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | 76.55% |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | - |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 34.66% |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 10.94% |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 10.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.63% |
| Mar 31, 2026 | 100.00% |
| Dec 31, 2025 | 43.82% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 43.22% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | 43.46% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 41.57% |
| Mar 31, 2024 | 100.00% |
| Dec 31, 2023 | 42.27% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | 33.69% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 22.71% |
| Jun 30, 2022 | -4.98% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | -144.26% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | -48.60% |