Grab Holdings (GRAB) Gross Margin (2020 - 2025)
Grab Holdings' quarterly Gross Margin came in at 43.82% in Q4 2025, up 36.0% year-on-year from 32.22% in Q4 2024, and little changed quarter-over-quarter from 43.76% in Q3 2025.
Grab Holdings has reported Gross Margin for 6 years, with the latest figure at 43.82% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 36.0% year-over-year to 43.82%; the trailing twelve-month figure through Dec 2025 stood at 41.92% (up 5934045605379.0% YoY), and the FY2025 full-year result was 43.2%, up 123.0% from the prior year.
- Gross Margin for Q4 2025 stood at 43.82%, roughly flat from 43.76% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q4 2022, with the low at 60336906584892.35% in Q1 2024.
- Average Gross Margin over 5 years is 6525550922044.34%, with a median of 36.36% recorded in 2023.
- Year-over-year, Gross Margin plunged 2000000000 bps in 2024 and jumped 2000000000 bps in 2025.
- Tracing GRAB's Gross Margin over 5 years: stood at 144.26% in 2021, then surged by 169 bps to 100.0% in 2022, then sank by 58 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.
- The last three Gross Margin figures came in at 43.82% (Q4 2025), 43.76% (Q3 2025), and 43.22% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Grab Holdings | 14.36 Bn | 10.91 Bn | 397.00 Bn | 43.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -56,180,915.45% |
| Sep 30, 2025 | 43.76% |
| Jun 30, 2025 | 43.22% |
| Mar 31, 2025 | 41.91% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 42.88% |
| Jun 30, 2024 | -58,433,734,939,659.05% |
| Mar 31, 2024 | 100.00% |
| Dec 31, 2023 | 100.00% |
| Sep 30, 2023 | 39.02% |
| Jun 30, 2023 | 33.69% |
| Mar 31, 2023 | -6.48% |
| Dec 31, 2022 | 22.71% |
| Jun 30, 2022 | -4.98% |
| Dec 31, 2021 | -144.26% |
| Sep 30, 2021 | -69.43% |
| Jun 30, 2021 | -48.60% |
| Mar 31, 2021 | -11.57% |
| Dec 31, 2020 | -11.42% |