Grab Holdings (GRAB) Research & Development (2020 - 2025)
Grab Holdings' (GRAB) quarterly Research & Development came in at -$91.0 billion in Q4 2025, up 2.15% year-on-year from -$89.1 billion in Q4 2024, and up 73.0% quarter-over-quarter from -$337.0 billion in Q3 2025.
Grab Holdings (GRAB) Research & Development (2020 - 2025) Analysis & Trends
Grab Holdings' Research & Development history runs 6 years deep, the most recent figure standing at -$91.0 billion for Q4 2025.
- On a quarterly basis, Research & Development rose 2.15% year-over-year to -$91.0 billion in Q4 2025; TTM through Dec 2025 was -$541.0 billion, a 5.25% decrease from a year earlier, with the FY2025 full-year figure at $428.0 million, up 4.39% from the prior year.
- Research & Development advanced to -$91.0 billion in Q4 2025 per GRAB's latest filing, from -$337.0 billion in the prior quarter.
- Across five years, Research & Development topped out at -$91.0 in Q2 2023 and bottomed at -$337.0 billion in Q3 2025.
- The 5-year median for Research & Development is -$91.0 million (2021), against an average of -$55.6 billion.
- Across the five-year window, Research & Development surged 100.0% in 2023 and plunged 320202020102.02% in 2024, its largest moves.
- Year by year, Research & Development stood at -$95.0 million in 2021, then soared by 100.0% to -$110.0 in 2022, then climbed by 6.36% to -$103.0 in 2023, then plunged by 90291262035.92% to -$93.0 billion in 2024, then climbed by 2.15% to -$91.0 billion in 2025.
- Per Business Quant, the three latest GRAB Research & Development figures stand at -$91.0 billion (Q4 2025), -$337.0 billion (Q3 2025), and -$113.0 billion (Q2 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Grab Holdings | 13.50 Bn | 13.50 Bn | -509.00 Bn | -91.00 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -91.00 Bn |
| Sep 30, 2025 | -337.00 Bn |
| Jun 30, 2025 | -113.00 Bn |
| Mar 31, 2025 | -121.00 |
| Dec 31, 2024 | -93.00 Bn |
| Sep 30, 2024 | -317.00 Bn |
| Jun 30, 2024 | -104.00 Bn |
| Mar 31, 2024 | -116.00 |
| Dec 31, 2023 | -103.00 |
| Sep 30, 2023 | -99.00 |
| Jun 30, 2023 | -91.00 |
| Mar 31, 2023 | -128.00 |
| Dec 31, 2022 | -110.00 |
| Jun 30, 2022 | -121.00 Mn |
| Mar 31, 2022 | -119.00 |
| Dec 31, 2021 | -95.00 Mn |
| Sep 30, 2021 | -93.00 Mn |
| Jun 30, 2021 | -91.00 Mn |
| Mar 31, 2021 | -75.00 Mn |
| Dec 31, 2020 | -50.00 Mn |