Grab Holdings (GRAB) Gross Margin (2020 - 2026)
Grab Holdings (GRAB) reported Gross Margin of 43.63% for the quarter ended Jun 30, 2026, up 0.41 percentage points from 43.22% a year earlier and up 0.28 percentage points from the prior quarter.
Grab Holdings (GRAB) Gross Margin (2020 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Grab Holdings posted Gross Margin of 43.20%, up 1.23 percentage points from the prior year.
- Gross Margin has increased for five consecutive years, with a five-year change of +148.54 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Gross Margin came in at 41.97% in the year ended Dec 31, 2024 (+5.52 pp), 36.46% in the year ended Dec 31, 2023 (+31.08 pp), 5.37% in the year ended Dec 31, 2022 (+63.89 pp) and -58.52% in the year ended Dec 31, 2021 (+46.81 pp).
- Five-year quarterly Gross Margin spans a low of -144.26% in the quarter ended Dec 31, 2021 and a high of 43.82% in the quarter ended Dec 31, 2025.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of +1.22 percentage points over the last six quarters.
- The high point for year-over-year Gross Margin in five years was the quarter ended Dec 31, 2022 (a gain of 166.97 percentage points); the low point was the quarter ended Dec 31, 2021 (a drop of 132.85 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 57.06% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 88.26% |
| 10 | Grab Holdings | 12.69 Bn | -2.00 Bn | 435.00 Mn | 43.63% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.63% |
| Mar 31, 2026 | 43.35% |
| Dec 31, 2025 | 43.82% |
| Sep 30, 2025 | 43.76% |
| Jun 30, 2025 | 43.22% |
| Mar 31, 2025 | 41.91% |
| Dec 31, 2024 | 43.46% |
| Sep 30, 2024 | 42.88% |
| Jun 30, 2024 | 41.57% |
| Mar 31, 2024 | 39.66% |
| Dec 31, 2023 | 42.27% |
| 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% |
| Mar 31, 2022 | 5.26% |
| Dec 31, 2021 | -144.26% |
| Sep 30, 2021 | -69.43% |
| Jun 30, 2021 | -48.60% |
Grab Holdings Gross Margin 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=gross-margin&ticker=GRAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=GRAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();