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Grab posts first full-year profit of $338m
February 13, 2026
|The Straits Times
Grab swung to a net profit of US$268 million (S$338 million) in 2025, from a loss of US$105 million in 2024, its first year in the black after a record fourth-quarter performance.
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Earnings for the fourth quarter of 2025 were more than six times higher at US$171 million from US$27 million in the year-ago period, driven by higher operating profit and net finance income. Revenue for the quarter grew 19 per cent year on year to US$906 million from US$764 million.
The company also announced on Feb 11 a US$500 million (S$631 million) share buyback programme.
"We exited 2025 with a record fourth quarter, delivering our first full year of net profit and crossing 50 million monthly transacting users," group chief executive and co-founder Anthony Tan said in a results announcement on Feb 11.
Shares of US-listed Grab, however, dropped about 4 per cent in extended trading on Feb 11 after the company forecast 2026 revenue below Wall Street expectations.
هذه القصة من طبعة February 13, 2026 من The Straits Times.
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