Grab Holdings (GRAB) Net Margin (2020 - 2026)
Grab Holdings (GRAB) reported Net Margin of 36.61% for Q2 2026, up 34.17 percentage points from 2.44% a year earlier and up 24.04 percentage points from the prior quarter.
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Analysis
Grab Holdings (GRAB) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Grab Holdings' Net Margin came in at 15.30%, up 5.60 percentage points year-over-year; for FY2025, it was 7.95%, up 13.60 percentage points from FY2024.
- Net Margin has increased for five consecutive years, with a five-year change of +564.03 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -5.65% in FY2024 (+12.75 pp), -18.40% in FY2023 (+99.05 pp), -117.45% in FY2022 (+393.52 pp) and -510.96% in FY2021 (+45.11 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin in data going back to Q4 2020.
- Year over year, Net Margin gained in five of the last six quarters, with an average year-over-year change of +13.83 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2022 (a gain of 823.75 percentage points); the low point was Q4 2021 (a drop of 638.63 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,448.70 Bn | 3,132.56 Bn | - | - |
| 2 | Meta Platforms | 1,560.62 Bn | 1,560.62 Bn | - | - |
| 3 | Netflix | 254.80 Bn | 216.10 Bn | 6.80 Bn | 28.46% |
| 4 | Alibaba Group Holding | 231.12 Bn | 53.19 Bn | 15.16 Bn | 3.92% |
| 5 | Shopify | 216.16 Bn | 193.34 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 134.11 Bn | 106.09 Bn | 6.38 Bn | 16.87% |
| 7 | Spotify Technology | 114.70 Bn | 71.62 Bn | 1.89 Bn | 10.42% |
| 8 | Booking Holdings | 113.03 Bn | 46.08 Bn | - | 26.52% |
| 9 | PDD Holdings | 112.85 Bn | -131.21 Bn | 9.48 Bn | 24.19% |
| 10 | Grab Holdings | 10.96 Bn | -3.73 Bn | 435.00 Mn | 36.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.61% |
| Mar 31, 2026 | 12.57% |
| Dec 31, 2025 | 7.62% |
| Sep 30, 2025 | 1.95% |
| Jun 30, 2025 | 2.44% |
| Mar 31, 2025 | 1.29% |
| Dec 31, 2024 | 33.12% |
| Sep 30, 2024 | 2.09% |
| Jun 30, 2024 | -10.24% |
| Mar 31, 2024 | -17.61% |
| 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% |
| Sep 30, 2022 | -85.60% |
| Jun 30, 2022 | -178.19% |
| Mar 31, 2022 | -185.53% |
| Dec 31, 2021 | -901.64% |
| Sep 30, 2021 | -617.83% |
API Access
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_KEYimport 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();