Grab Posts $200M Net Profit, 19% Q4 Growth and $425M Stash Acquisition

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Grab posted its first full-year net profit of $200 million in 2025 and Q4 revenue rose 19% to $906 million, driven by a 21% On-Demand GMV increase. Its $425 million acquisition of Stash Financial and 2026 revenue guidance of $4.04–4.10 billion highlight expansion in wealth management and AI-driven mobility.

1. Q4 2025 Financial Performance

Grab reported 19% Q4 revenue growth to $906 million, driven by a 21% increase in On-Demand GMV across mobility and delivery. The company achieved its first full-year net profit of $200 million in 2025 and expanded annual transacting users to over 129 million.

2. Stash Financial Acquisition

In a $425 million deal, Grab acquired US-based digital investing platform Stash Financial to integrate AI-powered wealth management tools into Southeast Asia, bolstering its Financial Services roadmap and diversifying revenue sources.

3. 2026 Outlook and Technology Initiatives

Grab projects 2026 revenue of $4.04–4.10 billion, reflecting 20–22% growth, and is dispatching over 90% of mobility rides via AI. The company is also deploying 20,000 electric vehicles through a new partnership with GAC to advance sustainability and operational efficiency.

Sources

ZF