Grab Holdings (GRAB) Operating Margin (2020 - 2025)

Grab Holdings' (GRAB) quarterly Operating Margin came in at 5.74% in Q4 2025, up 574.0% year-on-year from 0.85% in Q4 2024, and up 423.78% quarter-over-quarter from 1.1% in Q3 2025.

Grab Holdings (GRAB) Operating Margin (2020 - 2025) Analysis & Trends

Grab Holdings' Operating Margin history runs 6 years deep, the most recent figure standing at 5.74% for Q4 2025.

  • On a quarterly basis, Operating Margin rose 574.0% year-over-year to 5.74% in Q4 2025; TTM through Dec 2025 was 2.7%, a 270.0% decrease from a year earlier, with the FY2025 full-year figure at 1.93%, up 794.0% from the prior year.
  • Operating Margin advanced to 5.74% in Q4 2025 per GRAB's latest filing, from 1.1% in the prior quarter.
  • Across five years, Operating Margin topped out at 5.74% in Q4 2025 and bottomed at 50796812749003.98% in Q4 2022.
  • The 5-year median for Operating Margin is 34.95% (2023), against an average of 2822045617359.62%.
  • Across the five-year window, Operating Margin plunged 2000000000 bps in 2022 and soared 836202766 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 456.56% in 2021, then sank by 2000000000 bps to 50796812749003.98% in 2022, then soared by 100 bps to 15.12% in 2023, then surged by 100 bps to 0.0% in 2024, then jumped by 2000000000 bps to 5.74% in 2025.
  • Per Business Quant, the three latest GRAB Operating Margin figures stand at 5.74% (Q4 2025), 1.1% (Q3 2025), and 0.85% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 12.05%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 14.56%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 21.08%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 4.06%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -22.99%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -23.45%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 29.26%
10 Grab Holdings 13.50 Bn 13.50 Bn -509.00 Bn 5.74%

Historic Data

Download Data
DateValue
Dec 31, 2025 5.74%
Sep 30, 2025 1.10%
Jun 30, 2025 0.85%
Mar 31, 2025 -2.72%
Dec 31, 2024 0.00%
Sep 30, 2024 -8,362,026.56%
Jun 30, 2024 0.00%
Mar 31, 2024 -11.49%
Sep 30, 2023 -15.12%
Jun 30, 2023 -31.04%
Mar 31, 2023 -38.86%
Dec 31, 2022 -50,796,812,749,003.99%
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%
Mar 31, 2021 -106.94%
Dec 31, 2020 -106.85%