Grab Q2 profit surges to $235m on higher finance income

This includes a $307m gain from the consolidation of Superbank.

Grab Holdings Limited’s profit for the second quarter of 2026 increased to $235m, from $20m a year earlier.

The increase was mainly driven by a $334m rise in finance income, including a one-off $307m gain from the consolidation of Indonesia’s Superbank, as well as a $66m favourable movement in income tax expense.

This was partly offset by a $183m increase in fair-value losses on financial assets and liabilities.

Revenue rose 22% year-on-year to $997m, whilst operating profit increased to $19m from $7m.

On-Demand gross merchandise value grew 21% to $6.5b, whilst monthly transacting users increased 17% to 53.9 million.

Adjusted EBITDA rose 54% to $168m, with the adjusted EBITDA margin widening to 16.9% from 13.3% a year earlier.

Separately, Grab’s board authorised a new share-repurchase programme of up to $750m.

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