Grab Holdings (GRAB) Gross Margin (2020 - 2026)
Grab Holdings (GRAB) reported Gross Margin of 43.63% for Q2 2026, up 0.41 percentage points from 43.22% a year earlier and up 0.28 percentage points from the prior quarter.
Powered by 
Analysis
Grab Holdings (GRAB) Gross Margin (2020 - 2026) Analysis & Trends
For FY2025, Grab Holdings posted Gross Margin of 43.20%, up 1.23 percentage points from FY2024.
- Gross Margin has increased for five consecutive years, with a five-year change of +148.54 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 41.97% in FY2024 (+5.52 pp), 36.46% in FY2023 (+31.08 pp), 5.37% in FY2022 (+63.89 pp) and -58.52% in FY2021 (+46.81 pp).
- Five-year quarterly Gross Margin spans a low of -144.26% in Q4 2021 and a high of 100.00% in Q3 2021.
- 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 Q4 2022 (a gain of 166.97 percentage points); the low point was Q4 2021 (a drop of 132.85 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,400.82 Bn | 3,135.72 Bn | 76.16 Bn | 59.70% |
| 2 | Meta Platforms | 1,584.16 Bn | 1,286.68 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 260.47 Bn | 221.77 Bn | 6.80 Bn | 52.78% |
| 4 | Alibaba Group Holding | 232.68 Bn | 46.32 Bn | 15.16 Bn | 38.24% |
| 5 | Shopify | 191.14 Bn | 168.32 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 135.86 Bn | 107.66 Bn | 6.38 Bn | 44.93% |
| 7 | Spotify Technology | 122.40 Bn | 79.32 Bn | 1.89 Bn | 32.98% |
| 8 | Booking Holdings | 116.62 Bn | 49.67 Bn | - | - |
| 9 | PDD Holdings | 112.20 Bn | -131.85 Bn | 9.48 Bn | 57.26% |
| 10 | Grab Holdings | 12.98 Bn | -2.14 Bn | 435.00 Mn | 43.63% |
Historic Data
Download Data
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% |
| Sep 30, 2022 | 15.97% |
| Jun 30, 2022 | -4.98% |
| Mar 31, 2022 | 5.26% |
| Dec 31, 2021 | -144.26% |
| Sep 30, 2021 | 100.00% |
API Access
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_KEYimport 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();