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

Grab Holdings (GRABW) recorded quarterly Operating Margin of 5.74% in Q4 2025, up 85.58% quarter-over-quarter from 3.09% in Q3 2025, and up 548.0% on a YoY basis from 0.89% in Q4 2024.

Grab Holdings (GRABW) 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.

  • In Q4 2025, Operating Margin rose 548.0% year-over-year to 5.74%; the TTM figure through Dec 2025 stood at 2.71% (up 261.0% YoY), while the FY2025 annual figure was 1.93%, up 794.0% from the prior year.
  • Operating Margin was 5.74% for Q4 2025 at Grab Holdings, up from 3.09% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 5.74% in Q4 2025 to a low of 11485451.76% in Q1 2024.
  • Historically, Operating Margin has averaged 604573.39% across 5 years, with a median of 15.12% in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin slumped 1148541290 bps in 2024, then surged 1148544904 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 456.56% in 2021, then soared by 100 bps to 0.0% in 2022, then jumped by 86 bps to 0.0% in 2023, then surged by 3716239 bps to 0.26% in 2024, then jumped by 2092 bps to 5.74% in 2025.
  • The last three Operating Margin figures came in at 5.74% (Q4 2025), 3.09% (Q3 2025), and 0.85% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 173.49 Bn 170.93 Bn - -
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn 21.08%
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn 12.05%
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn 14.56%
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn 13.34%
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn 29.26%
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn 37.79%
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn -22.99%
10 Grab Holdings - - -509.00 Bn 5.74%

Historic Data

Download Data
DateValue
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 -11,485,451.76%
Dec 31, 2023 0.00%
Sep 30, 2023 -15.12%
Jun 30, 2023 -31.04%
Mar 31, 2023 -38.86%
Dec 31, 2022 0.00%
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%