Grab Reports 18% Q4 2025 Revenue Growth, Narrows EBITDA Loss 22%
Grab delivered record Q4 2025 revenue of $1.3 billion, up 18% year-over-year, while narrowing its adjusted EBITDA loss by 22% to $130 million. Management outlined strategic fintech partnerships and plans to expand subscription-based offerings across its super app in Southeast Asia in 2026.
1. Q4 Financial Results
Grab achieved record net revenue of $1.3 billion in Q4 2025, marking an 18% increase year-over-year. Growth was driven by robust demand in both mobility and food delivery services across Southeast Asia.
2. Profitability Trends
The company narrowed its adjusted EBITDA loss by 22% to $130 million, reflecting improved cost controls and operating leverage. Margin improvements were noted in both core ride-hailing and delivery segments.
3. Strategic Initiatives
Management announced new fintech partnerships with regional banks to bolster its Payments platform and accelerate digital wallet adoption. Plans were also unveiled to introduce subscription-based premium features within its super app in key markets.
4. Outlook
Grab reaffirmed its goal of achieving positive adjusted EBITDA by mid-2026 and highlighted ongoing investments in AI-driven personalization to enhance user engagement and monetization across services.