Grab Holdings (GRAB) Operating Expenses (2020 - 2025)
Grab Holdings (GRAB) posted quarterly Operating Expenses of -$206.0 billion for Q4 2025, up 14.88% year-over-year from -$179.3 billion in Q4 2024, and up 70.32% quarter-over-quarter from -$694.0 billion in Q3 2025.
Grab Holdings (GRAB) Operating Expenses (2020 - 2025) Analysis & Trends
Grab Holdings' Operating Expenses history runs 6 years deep, the most recent figure standing at -$206.0 billion for Q4 2025.
- In Q4 2025, Operating Expenses rose 14.88% year-over-year to -$206.0 billion; the TTM figure through Dec 2025 stood at -$1132.0 billion (up 3.17% YoY), while the FY2025 annual figure was $899.0 million, down 3.95% from the prior year.
- Operating Expenses for Q4 2025 stood at -$206.0 billion, up from -$694.0 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.0 million in Q3 2022, with the low at -$694.0 billion in Q3 2025.
- The 5-year median for Operating Expenses is -$204.0 million (2021), against an average of -$115.1 billion.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 100.41% in 2022, then sank 299134199034.2% in 2024.
- Grab Holdings' Operating Expenses stood at -$286.0 million in 2021, then jumped by 100.0% to -$280.0 in 2022, then gained by 13.57% to -$242.0 in 2023, then slumped by 99999999900.0% to -$242.0 billion in 2024, then grew by 14.88% to -$206.0 billion in 2025.
- Business Quant data shows GRAB's Operating Expenses at -$206.0 billion in Q4 2025, -$694.0 billion in Q3 2025, and -$232.0 billion in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Grab Holdings | 14.37 Bn | 8.07 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -206.00 Bn |
| Sep 30, 2025 | -694.00 Bn |
| Jun 30, 2025 | -232.00 Bn |
| Mar 31, 2025 | -236.00 |
| Dec 31, 2024 | -242.00 Bn |
| Sep 30, 2024 | -691.00 Bn |
| Jun 30, 2024 | -236.00 Bn |
| Mar 31, 2024 | -244.00 |
| Dec 31, 2023 | -242.00 |
| Sep 30, 2023 | -231.00 |
| Jun 30, 2023 | -278.00 |
| Mar 31, 2023 | -276.00 |
| Dec 31, 2022 | -280.00 |
| Sep 27, 2022 | 1.00 Mn |
| Jun 30, 2022 | -282.00 Mn |
| Mar 31, 2022 | -288.00 |
| Dec 31, 2021 | -286.00 Mn |
| Sep 30, 2021 | -244.00 Mn |
| Jun 30, 2021 | -245.00 Mn |
| Mar 31, 2021 | -164.00 Mn |