Grab Holdings Limited reported a record 2025, achieving its first full year net profit of $200 million on revenue of $3.37 billion, up 20% year over year. Adjusted EBITDA rose to $500 million, and Adjusted Free Cash Flow reached $290 million, both reflecting stronger profitability.
In Q4 2025, revenue grew 19% to $906 million with profit for the period of $153 million and Adjusted EBITDA of $148 million. On-Demand GMV hit a record $6.1 billion, and Monthly Transacting Users averaged 50.5 million. The Board authorized a new $500 million share repurchase program, supported by gross cash liquidity of $7.4 billion and net cash liquidity of $5.4 billion.
Management guided 2026 revenue to $4.04–$4.10 billion (20–22% growth) and Adjusted EBITDA to $700–$720 million, and reiterated a 2028 target of $1.5 billion Adjusted EBITDA with 80% Adjusted Free Cash Flow conversion.
Grab Holdings Limited plans to acquire 100% of U.S. digital investing platform Stash Financial, Inc. as part of its financial services expansion. Grab will pay for a 50.1% equity interest at Closing based on an enterprise value of US$425 million, with the remaining interest paid at fair market value over three years after Closing.
The deal is subject to regulatory approvals and other customary conditions and is expected to close in the third quarter of 2026. The initial payment at Closing will be made in a mix of cash and Grab stock, while subsequent payments will be in cash and/or stock at Grab’s discretion.
Grab Holdings Limited plans to acquire 100% of U.S. digital investing platform Stash Financial, Inc., paying for 50.1% of the equity at Closing at an enterprise value of US$425 million and the remaining stake over three years at fair market value. The deal, to be settled in a mix of cash and stock at Closing and cash and/or stock thereafter, is subject to regulatory approvals and other customary conditions and is expected to close in the third quarter of 2026. Stash, which will remain an independent U.S. brand, manages more than $5 billion in assets, serves over one million paying subscribers, is Adjusted EBITDA and cash-flow positive, and is expected to generate over $60 million in Adjusted EBITDA in the 2028 calendar year.
Anthony Tan Ping Yeow filed a Form 144 indicating an intention to sell up to 400,000 common shares of Grab through Morgan Stanley Smith Barney LLC on the NASDAQ around 01/12/2026. The filing notes these shares were acquired on 06/12/2018 by exercising stock options for Class B shares, which will be converted into Class A ordinary shares in connection with the proposed sales, for cash consideration on that date.
The notice also reports prior sales over the past three months, including common share sales on 11/11/2025, 11/10/2025, and 12/10/2025 totaling 1,400,000 shares and aggregate gross proceeds of $8,121,440.00. The securities to be sold are part of an issuer with 3,965,000,000 shares outstanding.
Grab Holdings Limited announced it will hold its 2025 annual general meeting of shareholders on December 5, 2025. The company furnished the announcement and the formal notice as Exhibit 99.1 and Exhibit 99.2 to this Form 6-K, providing shareholders with the official meeting details and procedures.
Grab Holdings Limited furnished a Form 6-K for November 2025. The report is incorporated by reference into the company’s existing Form F-3 registration statements and becomes part of those prospectuses from the date it is furnished, to the extent not superseded by later filings.
The filing includes Exhibit 99.1 titled “Grab to make strategic investment in remote driving technology company, Vay.” This signals an intended strategic investment and records it within Grab’s registered offering materials via incorporation by reference.
Grab Holdings Limited announced it has signed definitive agreements to make a strategic investment in Vay Technology GmbH, a remote driving technology company. The announcement, dated November 10, 2025, is furnished as Exhibit 99.1 to this Form 6-K.
This filing signals an expansion into remote driving capabilities through an investment in Vay. Further details on terms and scope are provided in the accompanying exhibit.
Grab Holdings Limited has furnished a Form 6-K for November 2025 that makes its third quarter 2025 results available as an attached exhibit. Exhibit 99.1 is titled “Grab Reports Third Quarter 2025 Results,” indicating this report contains the company’s detailed quarterly financial and operating information.
The Form 6-K is incorporated by reference into Grab’s existing shelf registration statements on Form F-3, Registration Nos. 333-261949 and 333-264872. This means the Q3 2025 information in the exhibit now forms part of those registration statements for disclosure purposes.
Grab Holdings Limited submitted a Form 6-K as a foreign private issuer to provide investors with its financial results for the third quarter of 2025. The company states that it announced results for the quarter ended September 30, 2025, and is furnishing the full announcement as Exhibit 99.1 to this report.
Grab Holdings Ltd (GRAB) filing a Form 144 notifies a proposed sale of 600,000 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $3,702,000.00. The filing states the shares were acquired on 06/12/2018 by exercising stock options and that Class B ordinary shares will be converted to Class A ordinary shares in connection with the proposed sales. The seller reports prior Rule 10b5-1 sales totaling 1,700,000 shares during the past three months, generating gross proceeds of approximately $9,828,670.00, and indicates the approximate date of the current sale as 10/10/2025.