Grab Holdings is soaring!

Here's the hot stuff from Grab Holdings
$GRAB (+0,82 %) (NASDAQ: GRAB) Q2 2026 Earnings Release, fresh from Singapore:

🚀 Top-line Performance & Ecosystem Growth

Grab continues its rapid expansion in Southeast Asia in the second quarter of 2026 (ending June 2026), nearly surpassing the $1 billion revenue threshold:

Total revenue: Climbed by +22% YoY to $997 million (currency-adjusted +21%).

On-Demand GMV (Gross Merchandise Value): Rise by +21% YoY to $6.5 billion. Record number of users: Monthly active transaction users (MTUs) climbed to 54 million.

Segment Performance:

Deliveries: Revenue increased by +21% YoY to $531 million (driven by advertising & transactions).

Mobility: Revenue grew by +12% YoY to $331 million (GMV +18%).

Financial Services / Digibank: Revenue surged by +59% YoY to $134 million —driven by loan disbursements ($1.2 billion disbursed) and the consolidation of Superbank.

🔮 Massive jump in profitability & margins

The once-loss-making ride-hailing and delivery giant is transforming into a scaling cash machine:

Net Income: Soared dramatically to $235 million (up from just $20 million in the same quarter of the previous year), also boosted by one-time effects from the Superbank consolidation.

Adjusted EBITDA: Climbed by +54% YoY to 168 million USD (previous year: $109 million).

Margin expansion: The adjusted EBITDA margin improved from 13.3% to a robust 16.9% of revenue.

🤖 Full-Year Forecast Raised & $750 Million Buyback Capacity

Due to strong tailwinds, management is raising its full-year targets and returning significant capital to shareholders:

FY 2026 revenue forecast raised: Now at $4.10 to $4.15 billion (previously set lower).

FY 2026 Adjusted EBITDA raised: Raised to $720 million to $740 million.

Share buyback program: The Board has approved a new $750 million share repurchase program (bringing the total authorization to 1.75 billion USD).

⚡ 💡 Jack’s Takeaway

Grab impressively demonstrates that the super-app strategy is paying off in Southeast Asia! The 18th consecutive quarter of rising adjusted EBITDA underscores the company’s operational strength. While Mobility and Deliveries are reliably doubling in size, the Financial Services division (Digibank + Superbank) is emerging as a true profit accelerator. An upward revision of the full-year forecast plus a fresh $750 million buyback package—that’s what an all-around successful earnings report looks like!