Grab Holdings (GRAB) Operating Margin (2020 - 2026)
Grab Holdings (GRAB) posted Operating Margin of 1.91% for Q2 2026, down 17.27% on a QoQ basis from 2.3% in Q1 2026, and up 105.0% year-over-year from 0.93% in Q2 2025.
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Grab Holdings (GRAB) Operating Margin (2020 - 2026) Analysis & Trends
Grab Holdings has reported Operating Margin for 7 years, with the latest figure at 1.91% in Q2 2026.
- On a quarterly basis, Operating Margin rose 105.0% year-over-year to 1.91% in Q2 2026; TTM through Jun 2026 was 2.25%, a 640.0% increase from a year earlier, with the FY2025 full-year figure at 1.93%, up 794.0% from the prior year.
- Operating Margin was 1.91% for Q2 2026 at Grab Holdings, down from 2.3% in the prior quarter.
- The five-year high for Operating Margin was 5.74% in Q4 2025, with the low at 195.18% in Q1 2022.
- Average Operating Margin over 5 years is 28.03%, with a median of 8.36% recorded in 2024.
- The largest YoY upside for Operating Margin was 40576 bps in 2022 against a maximum downside of 8823 bps in 2022.
- Over 5 years, Operating Margin stood at 50.8% in 2022, then surged by 86 bps to 7.04% in 2023, then jumped by 104 bps to 0.26% in 2024, then surged by 2092 bps to 5.74% in 2025, then sank by 67 bps to 1.91% in 2026.
- The last three Operating Margin figures came in at 1.91% (Q2 2026), 2.3% (Q1 2026), and 5.74% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 13.32% |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 3.50% |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | 1.91% |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 2.58% |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | -0.68% |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | -31.34% |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 1.08% |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | -161.57% |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | -46.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.91% |
| Mar 31, 2026 | 2.30% |
| Dec 31, 2025 | 5.74% |
| Sep 30, 2025 | 1.10% |
| Jun 30, 2025 | 0.85% |
| Mar 31, 2025 | -2.72% |
| Dec 31, 2024 | 0.26% |
| Sep 30, 2024 | -8.36% |
| Jun 30, 2024 | -8.43% |
| Mar 31, 2024 | -11.49% |
| Dec 31, 2023 | -7.04% |
| Sep 30, 2023 | -15.12% |
| Jun 30, 2023 | -31.04% |
| Mar 31, 2023 | -38.86% |
| Dec 31, 2022 | -50.80% |
| Jun 30, 2022 | -119.63% |
| Mar 31, 2022 | -195.18% |
| Dec 31, 2021 | -456.56% |
| Sep 30, 2021 | -255.41% |
| Jun 30, 2021 | -217.32% |