Grab jumps as Q1 revenue climbs 24% and full-year outlook is reaffirmed
Grab shares rose after the company reported Q1 2026 results showing 24% revenue growth to $955 million and profit for the period of $120 million. The company reaffirmed full-year 2026 revenue guidance of $4.04–$4.10 billion and highlighted expanding trailing 12-month adjusted free cash flow to $489 million.
1) What’s driving GRAB today
Grab is moving higher after releasing first-quarter 2026 results that showed faster growth and improved profitability. Reported Q1 revenue rose 24% year over year to $955 million, while profit for the period was $120 million and adjusted EBITDA increased to $154 million, marking another quarter of record profitability. (marketscreener.com)
2) Key numbers investors are reacting to
Alongside revenue growth, Grab posted stronger operational momentum: on-demand GMV increased 24% year over year to $6.1 billion and monthly transacting users rose to 51.6 million. Management also pointed to expanding financial strength, with trailing 12-month adjusted free cash flow reaching $489 million. (marketscreener.com)
3) Outlook and the next catalyst
Grab said it remains on track to deliver full-year 2026 revenue guidance of $4.04 billion to $4.10 billion and adjusted EBITDA guidance of $700 million to $720 million, which is helping frame the move as more than a one-quarter pop. Investors will now watch whether improved profitability and cash generation persist through the rest of 2026, alongside capital-return activity tied to the company’s repurchase plans. (marketscreener.com)