Malaysia was Grab Holdings’s largest region in fiscal 2025, bringing in $1.04B of $3.37B (31%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Malaysia | $509.00M | $673.00M | $816.00M | $1.04B | ||
| Singapore | $302.00M | $480.00M | $578.00M | $727.00M | ||
| Indonesia | $275.00M | $605.00M | $643.00M | $715.00M | ||
| Vietnam | $108.00M | $185.00M | $228.00M | $255.00M | ||
| Philippines | $125.00M | $200.00M | $265.00M | $316.00M | ||
| Thailand | $109.00M | $205.00M | $252.00M | $288.00M | ||
| Rest Of Southeast Asia | $5.00M | $11.00M | $15.00M | $30.00M | ||
| Total | $1.43B | $2.36B | $2.80B | $3.37B |
Grab Holdings brought in $3.37B from its seven regions in fiscal 2025, the year ended December 31, 2025. That was up 20.5% from $2.80B in fiscal 2024. Malaysia was the largest at $1.04B (30.8%), ahead of Singapore at $727.00M (21.6%) and Indonesia at $715.00M (21.2%). The other four regions brought in $889.00M combined.
Compared with fiscal 2024, Malaysia grew fastest, up 27.3% to $1.04B. Every region above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these regions grew from $1.43B to $3.37B, a compound annual growth rate of 33.0%. Malaysia's share of the total fell from 35.5% to 30.8%.
Deliveries was Grab Holdings’s largest revenue line in fiscal 2025, bringing in $1.80B of $3.37B (53%).
| Products and services [axis] | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Deliveries | $724.00M | $1.31B | $1.49B | $1.80B | ||
| Mobility | $643.00M | $871.00M | $1.05B | $1.22B | ||
| Financial Services | $64.00M | $177.00M | $253.00M | $347.00M | ||
| Enterprise & New Initiatives | — | — | — | — | ||
| Others | $2.00M | $1.00M | $4.00M | $4.00M | ||
| Total | $1.43B | $2.36B | $2.80B | $3.37B |
Grab Holdings brought in $3.37B from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 20.5% from $2.80B in fiscal 2024. Deliveries was the largest at $1.80B (53.4%), ahead of Mobility at $1.22B (36.2%) and Financial Services at $347.00M (10.3%). The remaining revenue line, Others, brought in $4.00M.
Compared with fiscal 2024, Financial Services grew fastest, up 37.2% to $347.00M. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $1.43B to $3.37B, a compound annual growth rate of 33.0%. Deliveries' share of the total rose from 50.5% to 53.4%.
Grab Holdings (GRABW) reports its revenue by geography and by products and services [axis]. In fiscal 2025, Malaysia was its largest region, bringing in $1.04B (30.8% of the total), followed by Singapore at $727.00M (21.6%).
Malaysia was Grab Holdings' largest region in fiscal 2025, bringing in $1.04B, or 30.8% of the $3.37B total across its seven regions.
Deliveries was Grab Holdings' largest revenue line in fiscal 2025, bringing in $1.80B, or 53.4% of the $3.37B total across its four revenue lines.
Among Grab Holdings' regions that make up at least 2% of revenue, Malaysia grew fastest in fiscal 2025, up 27.3% from $816.00M to $1.04B.
Every figure comes from Grab Holdings' annual financial filings, as reported. Each line keeps the name Grab Holdings gives it, and years follow its fiscal calendar.
Grab Holdings' revenue by geography goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.