Grab Holdings (GRAB) Operating Margin (2020 - 2026)
Grab Holdings (GRAB) reported Operating Margin of 1.91% for the quarter ended Jun 30, 2026, up 1.05 percentage points from 0.85% a year earlier but down 0.40 percentage points from the prior quarter.
Grab Holdings (GRAB) Operating Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Grab Holdings' Operating Margin came in at 3.22%, up 4.84 percentage points year-over-year; for the year ended Dec 31, 2025, it was 1.93%, up 7.94 percentage points from the prior year.
- Operating Margin has increased for six consecutive years, with a five-year change of +278.69 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Operating Margin came in at -6.01% in the year ended Dec 31, 2024 (+15.99 pp), -22.00% in the year ended Dec 31, 2023 (+73.81 pp), -95.81% in the year ended Dec 31, 2022 (+134.56 pp) and -230.37% in the year ended Dec 31, 2021 (+46.39 pp).
- Five-year quarterly Operating Margin spans a low of -456.56% in the quarter ended Dec 31, 2021 and a high of 5.74% in the quarter ended Dec 31, 2025.
- Year over year, Operating Margin has now increased in each of the last three quarters, with an average year-over-year change of +6.15 percentage points over the last six quarters.
- The high point for year-over-year Operating Margin in five years was the quarter ended Dec 31, 2022 (a gain of 405.76 percentage points); the low point was the quarter ended Dec 31, 2021 (a drop of 349.71 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 34.00% |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 24.71% |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 77.68% |
| 10 | Grab Holdings | 12.77 Bn | -1.92 Bn | 435.00 Mn | 1.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.91% |
| Mar 31, 2026 | 2.30% |
| Dec 31, 2025 | 5.74% |
| Sep 30, 2025 | 3.09% |
| Jun 30, 2025 | 0.85% |
| Mar 31, 2025 | -2.72% |
| Dec 31, 2024 | 0.26% |
| Sep 30, 2024 | -5.31% |
| 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% |
Grab Holdings Operating 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=operating-margin&ticker=GRAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=GRAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();