Hlib Chabaniuk

Grab raises 2026 revenue, EBITDA outlook on delivery and ride-hailing demand

Grab raises 2026 revenue, EBITDA outlook on delivery and ride-hailing demand
Grab lifts 2026 outlook

Grab is raising its 2026 revenue and profit forecasts as demand for ride-hailing and delivery stays strong across Southeast Asia. The Singapore-based company also says its financial services business is adding momentum after posting its first core profit in the third quarter ended September.

Highlights

  • Grab raises 2026 revenue forecast to $4.15–$4.20 billion and adjusted EBITDA to $790–$800 million, both exceeding prior guidance.
  • Third-quarter revenue climbs 27% to $1.11 billion, beating LSEG estimates, as monthly transacting users hit a record 57 million and gross merchandise value rises 18% to $6.8 billion.
  • Grab achieves first core profit in financial services in Q3, signaling strategic expansion beyond transport and food delivery amid share price up over 3% post-earnings.

Upgraded outlook and third-quarter performance

As reported by Reuters, Grab now expects 2026 revenue of $4.15 billion to $4.20 billion, up from its earlier forecast of $4.10 billion to $4.15 billion. The company also lifts its annual adjusted EBITDA forecast to $790 million to $800 million, from $720 million to $740 million previously.

Third-quarter revenue rises 27% to $1.11 billion, ahead of LSEG estimates of $1.07 billion. Grab says targeted consumer promotions help increase usage and transactions, while incentives for drivers support growth in active driver partners on its platform.

The company reaches a record 57 million monthly transacting users, up from 54 million three months earlier. Gross merchandise value across its mobility and delivery businesses rises 18% to $6.8 billion in the quarter.

Financial services growth and market impact

Grab reports its first core profit in financial services in the third quarter ended September, helped by stronger take-up of loans, insurance plans and other products by drivers and merchants on its platform. The business is becoming a larger part of the company's growth strategy as it expands beyond transport and food delivery.

Chief Executive Anthony Tan says more users are transacting on Grab than ever despite elevated fuel prices and macroeconomic headwinds across the region. Grab shares rise more than 3% in extended trading, although the stock remains down 42% so far this year.

In our earlier article on Malaysia’s need to strengthen its fiscal buffers, we noted warnings that recurring “black swan” shocks and a prolonged period of high interest rates could tighten policy space as spending commitments rise. We also highlighted proposals such as broadening the tax base and refining targeted fuel subsidies to preserve flexibility and resilience as financing conditions stay uncertain.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.