StocksMediumUpdated•Originally published 2 November 2026•Updated 3 November 2026•
1 min read
Grab Reports $18 Million Q3 Profit as Revenue Climbs 27%
Key Facts
1Grab raised its annual sales and earnings forecasts for 2026 driven by increasing ride-hailing demand.
Grab reported a net profit of $18 million for the third quarter of 2026, with revenue growing 27% to reach $1.1 billion. Following these results, the company raised its full-year sales and earnings forecasts, Bloomberg reported.
The financial performance was driven by robust momentum in the ride-hailing and delivery segments across Southeast Asian markets. These quarterly results underpin the company's upgraded guidance, reflecting improved operational efficiency and expanded regional market share.