Grab Holdings Limited Q2 2025 Financial Results
SEC Filing 6-K (0001855612-25-000047)
Grab Holdings Limited reported its second quarter 2025 financial results, showing significant growth across key metrics. Revenue increased by 23% year-over-year (YoY) to $819 million, driven by growth in both the On-Demand and Financial Services segments. On-Demand Gross Merchandise Value (GMV) grew by 21% YoY to $5.4 billion, supported by a 15% increase in Monthly Transacting Users (MTUs) and a 23% rise in total On-Demand transactions. The company achieved a profit of $20 million for the quarter, a substantial improvement from a loss of $68 million in the same period last year. Adjusted EBITDA also saw a notable increase, rising by 69% YoY to $109 million. Operating cash flow for the quarter was $64 million, while Adjusted Free Cash Flow improved by $71 million YoY to $112 million. Grab's cash liquidity stood at $7.6 billion at the end of the quarter, bolstered by the issuance of $1.5 billion in convertible notes. The company also repurchased 58 million Class A ordinary shares for $274 million, continuing its share buyback program.