Grab Holdings (GRAB) Net Margin (2020 - 2026)
Grab Holdings (GRAB) reported Net Margin of 23.57% for the quarter ended Jun 30, 2026, up 19.30 percentage points from 4.27% a year earlier and up 11.01 percentage points from the prior quarter.
Grab Holdings (GRAB) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Grab Holdings' Net Margin came in at 11.82%, up 1.18 percentage points year-over-year; for the year ended Dec 31, 2025, it was 7.95%, up 13.60 percentage points from the prior year.
- Net Margin has increased for five consecutive years, with a five-year change of +593.24 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at -5.65% in the year ended Dec 31, 2024 (+14.91 pp), -20.56% in the year ended Dec 31, 2023 (+100.86 pp), -121.42% in the year ended Dec 31, 2022 (+405.24 pp) and -526.67% in the year ended Dec 31, 2021 (+58.62 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Net Margin since the quarter ended Dec 31, 2024.
- Year over year, Net Margin gained in five of the last six quarters, with an average year-over-year change of +11.00 percentage points.
- The high point for year-over-year Net Margin in five years was the quarter ended Dec 31, 2022 (a gain of 823.75 percentage points); the low point was the quarter ended Dec 31, 2021 (a drop of 638.63 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 26.52% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.19% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 65.84% |
| 10 | Grab Holdings | 12.69 Bn | -2.00 Bn | 435.00 Mn | 23.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.57% |
| Mar 31, 2026 | 12.57% |
| Dec 31, 2025 | 7.62% |
| Sep 30, 2025 | 1.95% |
| Jun 30, 2025 | 4.27% |
| Mar 31, 2025 | 3.10% |
| Dec 31, 2024 | 33.12% |
| Sep 30, 2024 | 2.09% |
| Jun 30, 2024 | -7.98% |
| Mar 31, 2024 | -15.93% |
| Dec 31, 2023 | 1.68% |
| Sep 30, 2023 | -16.10% |
| Jun 30, 2023 | -26.10% |
| Mar 31, 2023 | -47.62% |
| Dec 31, 2022 | -77.89% |
| Jun 30, 2022 | -178.19% |
| Mar 31, 2022 | -190.79% |
| Dec 31, 2021 | -901.64% |
| Sep 30, 2021 | -629.30% |
| Jun 30, 2021 | -447.49% |
Grab Holdings Net 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=net-margin&ticker=GRAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=GRAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();