Grab (GRAB) Financials

$5.62 +0.02 (+0.36%)

Closing price 10/22/2025 04:00 PM Eastern

Extended Trading

$5.61 -0.01 (-0.18%)

As of 10/22/2025 07:59 PM Eastern

Annual Income Statements for Grab

This table shows Grab's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-7,731	-6,913	-3,449	-1,683	-934	-284
Consolidated Net Income / (Loss)	-3,988	-6,913	-3,555	-1,740	-485	-158
Net Income / (Loss) Continuing Operations	-3,988	-6,913	-3,554	-1,383	-463	-175
Total Pre-Tax Income	-3,981	-6,911	3,552	-1,734	-466	-95
Total Operating Income	-3,010	-5,455	-1,555	-1,373	-519	-168
Total Gross Profit	-2,195	-4,618	-406	65	856	1,170
Total Revenue	-845	-3,655	675	1,433	2,359	2,797
Operating Revenue	-845	-3,655	675	1,433	2,359	2,797
Total Cost of Revenue	1,350	963	1,081	1,368	1,503	1,627
Operating Cost of Revenue	1,350	963	1,081	1,368	1,503	1,627
Total Operating Expenses	829	837	1,513	1,389	1,392	1,355
Selling, General & Admin Expense	304	326	544	646	550	512
Marketing Expense	238	151	241	278	293	324
Research & Development Expense	231	257	356	465	421	410
Impairment Charge	56	63	19	-	72	95
Restructuring Charge	-	-	-	-	56	14
Total Other Income / (Expense), net	-971	-1,456	-1,989	-353	60	81
Interest Expense	1,056	-	1,701	166	99	106
Interest & Investment Income	85	-	28	107	198	187
Other Income / (Expense), net	14	-1,456	41	6.00	-7.00	-8.00
Income Tax Expense	7.00	2.00	3.00	6.00	19	63
Net Income / (Loss) Attributable to Noncontrolling Interest	241	-	106	57	51	53
Basic Earnings per Share	($24.31)	-	($6.39)	($0.44)	($0.11)	($0.03)
Weighted Average Basic Shares Outstanding	-	-	3.77B	3.89B	3.96B	4.10B
Diluted Earnings per Share	($24.31)	-	($6.39)	($0.44)	($0.11)	($0.03)
Weighted Average Diluted Shares Outstanding	-	-	3.77B	3.89B	3.96B	4.10B
Weighted Average Basic & Diluted Shares Outstanding	-	-	3.77B	3.89B	3.96B	4.10B

No quarterly income statements for Grab are available.

This table details how cash moves in and out of Grab's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	2,553	647	2,855	-2,982	1,187	-150
Net Cash From Operating Activities	684	-1,043	2,894	-798	2,249	477
Net Cash From Continuing Operating Activities	684	-1,043	2,894	-875	2,249	477
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	-1,734	0.00	0.00
Depreciation Expense	109	-	-	129	128	122
Amortization Expense	538	-	-	21	17	25
Non-Cash Adjustments To Reconcile Net Income	37	-1,085	2,757	779	2,110	206
Changes in Operating Assets and Liabilities, net	-	42	137	-70	-6.00	124
Net Cash From Investing Activities	0.00	38	-48	-1,062	-43	-117
Net Cash From Continuing Investing Activities	0.00	38	-48	-284	-43	-117
Purchase of Property, Plant & Equipment	-	-22	-73	-74	-71	-77
Acquisitions	-	-3.00	0.00	-168	0.00	-66
Sale of Property, Plant & Equipment	-	63	25	12	28	26
Net Cash From Financing Activities	1,869	1,291	0.00	-1,122	-649	-515
Net Cash From Continuing Financing Activities	1,869	1,291	0.00	-1,120	-649	-515
Repayment of Debt	-69	-106	-	-1,214	-765	-635
Issuance of Debt	-	1,397	-	109	116	120
Other Net Changes in Cash	-	15	-37	-	-1.00	-24
Cash Interest Paid	-	17	-	-	80	34
Cash Interest Received	79	51	28	-	183	191
Cash Income Taxes Paid	-	7.00	3.00	-	45	58

No quarterly cash flow statements for Grab are available.

This table presents Grab's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	5,442	11,178	9,170	8,792	9,295
Total Current Assets	2,457	5,435	2,369	3,383	3,229
Cash & Equivalents	2,173	4,991	1,952	3,138	2,964
Accounts Receivable	172	255	187	196	206
Inventories, net	3.00	4.00	48	49	59
Plant, Property, & Equipment, net	346	388	436	17,219	17,853
Plant, Property & Equipment, gross	346	388	436	455	506
Accumulated Depreciation	-	-	-	-16,764	-17,347
Total Noncurrent Assets	913	680	924	4,523	4,274
Long-Term Investments	-	-	-	3,093	3,430
Noncurrent Note & Lease Receivables	-	-	-	326	536
Goodwill	-	-	-	916	975
Noncurrent Deferred & Refundable Income Taxes	0.00	5.00	20	56	67
Other Noncurrent Operating Assets	-	-	-	132	-734
Total Liabilities & Shareholders' Equity	-16,011	-3,424	-7,292	25,125	25,356
Total Liabilities	11,736	3,159	2,513	2,324	2,944
Total Current Liabilities	661	844	930	1,478	2,592
Accounts Payable	661	844	930	925	1,169
Current Deferred & Payable Income Tax Liabilities	-	-	-	15	34
Total Noncurrent Liabilities	112	2,115	1,398	1,497	652
Long-Term Debt	-	-	-	793	364
Asset Retirement Reserve & Litigation Obligation	-	-	-	544	197
Noncurrent Deferred & Payable Income Tax Liabilities	1.00	3.00	18	20	25
Other Noncurrent Operating Liabilities	111	2,031	1,248	140	66
Total Equity & Noncontrolling Interests	-16,784	-6,383	-9,620	22,688	23,501
Total Preferred & Common Equity	-16,889	-6,669	-9,674	22,669	23,549
Total Common Equity	-16,889	-6,669	-9,674	22,669	23,549
Common Stock	-	-	-	22,669	23,549
Noncontrolling Interest	105	286	54	19	-48

No quarterly balance sheets for Grab are available.

This table displays calculated financial ratios and metrics derived from Grab's official financial filings.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	-332.54%	118.47%	112.30%	64.62%	18.57%
EBITDA Growth	0.00%	-194.21%	78.09%	19.62%	68.69%	92.39%
EBIT Growth	0.00%	-130.67%	78.09%	9.71%	61.52%	66.54%
NOPAT Growth	0.00%	-81.23%	59.31%	38.14%	62.20%	67.63%
Net Income Growth	0.00%	-73.35%	48.58%	51.05%	72.13%	67.42%
EPS Growth	0.00%	0.00%	0.00%	93.11%	75.00%	72.73%
Operating Cash Flow Growth	0.00%	-252.49%	377.47%	-127.57%	381.83%	-78.79%
Free Cash Flow Firm Growth	0.00%	0.00%	114.46%	-379.97%	-878.10%	98.14%
Invested Capital Growth	0.00%	0.00%	-287.92%	61.92%	3,230.67%	1.28%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	0.00%	0.00%	-60.15%	4.54%	36.29%	41.83%
EBITDA Margin	0.00%	0.00%	-224.30%	-84.93%	-16.15%	-1.04%
Operating Margin	0.00%	0.00%	-230.37%	-95.81%	-22.00%	-6.01%
EBIT Margin	0.00%	0.00%	-224.30%	-95.39%	-22.30%	-6.29%
Profit (Net Income) Margin	0.00%	0.00%	-526.67%	-121.42%	-20.56%	-5.65%
Tax Burden Percent	100.18%	100.03%	-100.08%	100.35%	104.08%	166.32%
Interest Burden Percent	132.88%	100.00%	-234.61%	126.85%	88.59%	53.98%
Effective Tax Rate	0.00%	0.00%	0.08%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	-4.35%	-0.68%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	-11.05%	0.03%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	-3.07%	-0.01%
Return on Equity (ROE)	0.00%	41.19%	30.69%	21.75%	-7.42%	-0.68%
Cash Return on Invested Capital (CROIC)	0.00%	-1,191.82%	0.00%	0.00%	-105.30%	-1.95%
Operating Return on Assets (OROA)	0.00%	0.00%	-18.22%	-13.44%	-5.86%	-1.95%
Return on Assets (ROA)	0.00%	0.00%	-42.78%	-17.10%	-5.40%	-1.75%
Return on Common Equity (ROCE)	0.00%	41.45%	31.21%	22.21%	-7.38%	-0.68%
Return on Equity Simple (ROE_SIMPLE)	0.00%	40.93%	53.31%	17.99%	-2.14%	-0.67%
Net Operating Profit after Tax (NOPAT)	-2,107	-3,819	-1,554	-961	-363	-118
NOPAT Margin	0.00%	0.00%	-230.18%	-67.07%	-15.40%	-4.20%
Net Nonoperating Expense Percent (NNEP)	0.00%	35.26%	17.80%	11.12%	6.70%	-0.70%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	9.99%	-1.55%	-0.49%
Cost of Revenue to Revenue	0.00%	0.00%	160.15%	95.46%	63.71%	58.17%
SG&A Expenses to Revenue	0.00%	0.00%	80.59%	45.08%	23.32%	18.31%
R&D to Revenue	0.00%	0.00%	52.74%	32.45%	17.85%	14.66%
Operating Expenses to Revenue	0.00%	0.00%	224.15%	96.93%	59.01%	48.44%
Earnings before Interest and Taxes (EBIT)	-2,996	-6,911	-1,514	-1,367	-526	-176
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2,349	-6,911	-1,514	-1,217	-381	-29
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.58	0.79
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.60	0.83
Price to Revenue (P/Rev)	0.00	0.00	0.00	8.47	5.55	6.68
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.45	0.72
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	7.14	3.26	4.51
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	3.42	26.44
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.04	0.02
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.04	0.02
Financial Leverage	0.00	-1.05	-0.97	-0.88	0.28	-0.25
Leverage Ratio	0.00	-0.32	-0.72	-1.27	1.37	0.39
Compound Leverage Factor	0.00	-0.32	1.68	-1.61	1.22	0.21
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	3.38%	1.53%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	3.38%	1.53%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	-0.63%	-4.48%	-0.56%	0.08%	-0.20%
Common Equity to Total Capital	0.00%	100.63%	104.48%	100.56%	96.54%	98.68%
Debt to EBITDA	0.00	0.00	0.00	0.00	-2.08	-12.55
Net Debt to EBITDA	0.00	0.00	0.00	0.00	14.27	207.93
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	-2.08	-12.55
Debt to NOPAT	0.00	0.00	0.00	0.00	-2.18	-3.10
Net Debt to NOPAT	0.00	0.00	0.00	0.00	14.97	51.28
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	-2.18	-3.10
Altman Z-Score	0.00	0.00	0.00	0.26	3.71	4.13
Noncontrolling Interest Sharing Ratio	0.00%	-0.63%	-1.69%	-2.12%	0.56%	-0.06%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.00	3.72	6.44	2.55	2.29	1.25
Quick Ratio	0.00	3.55	6.22	2.30	2.26	1.22
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-4,589	663	-1,857	-18,164	-339
Operating Cash Flow to CapEx	0.00%	0.00%	6,029.17%	-1,287.10%	5,230.23%	935.29%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.39	-11.19	-183.48	-3.19
Operating Cash Flow to Interest Expense	0.65	0.00	1.70	-4.81	22.72	4.50
Operating Cash Flow Less CapEx to Interest Expense	0.65	0.00	1.67	-5.18	22.28	4.02
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.08	0.14	0.26	0.31
Accounts Receivable Turnover	0.00	0.00	3.16	6.48	12.32	13.92
Inventory Turnover	0.00	321.00	308.86	52.62	30.99	30.13
Fixed Asset Turnover	0.00	0.00	1.84	3.48	0.27	0.16
Accounts Payable Turnover	0.00	1.46	1.44	1.54	1.62	1.55
Days Sales Outstanding (DSO)	0.00	0.00	115.45	56.29	29.63	26.23
Days Inventory Outstanding (DIO)	0.00	1.14	1.18	6.94	11.78	12.11
Days Payable Outstanding (DPO)	0.00	250.53	254.08	236.66	225.24	234.88
Cash Conversion Cycle (CCC)	0.00	0.00	-137.45	-173.43	-183.83	-196.54
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	0.00	770	-1,447	-551	17,250	17,471
Invested Capital Turnover	0.00	0.00	-1.99	-1.43	0.28	0.16
Increase / (Decrease) in Invested Capital	0.00	770	-2,217	896	17,801	221
Enterprise Value (EV)	0.00	0.00	0.00	10,235	7,683	12,612
Market Capitalization	0.00	0.00	0.00	12,133	13,102	18,690
Book Value per Share	$0.00	$0.00	($1.77)	($2.57)	$5.83	$5.95
Tangible Book Value per Share	$0.00	$0.00	($1.95)	($2.81)	$5.60	$5.70
Total Capital	0.00	-16,784	-6,383	-9,620	23,481	23,865
Total Debt	0.00	0.00	0.00	0.00	793	364
Total Long-Term Debt	0.00	0.00	0.00	0.00	793	364
Net Debt	0.00	-2,173	-4,991	-1,952	-5,438	-6,030
Capital Expenditures (CapEx)	0.00	-41	48	62	43	51
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-377	-400	-513	-1,233	-2,327
Debt-free Net Working Capital (DFNWC)	0.00	1,796	4,591	1,439	1,905	637
Net Working Capital (NWC)	0.00	1,796	4,591	1,439	1,905	637
Net Nonoperating Expense (NNE)	1,881	3,095	2,001	779	122	40
Net Nonoperating Obligations (NNO)	0.00	17,554	4,936	9,069	-5,438	-6,030
Total Depreciation and Amortization (D&A)	647	0.00	0.00	150	145	147
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	-59.26%	-35.80%	-52.27%	-83.20%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	680.15%	100.42%	80.75%	22.77%
Net Working Capital to Revenue	0.00%	0.00%	680.15%	100.42%	80.75%	22.77%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($6.39)	$0.00	$0.00	($0.03)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	3.77B	3.89B	3.96B	4.10B
Adjusted Diluted Earnings per Share	$0.00	$0.00	($6.39)	$0.00	$0.00	($0.03)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	3.77B	3.89B	3.96B	4.10B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	3.77B	3.89B	3.96B	4.10B
Normalized Net Operating Profit after Tax (NOPAT)	-2,068	-3,774	-1,535	-961	-274	-41
Normalized NOPAT Margin	0.00%	0.00%	-227.36%	-67.07%	-11.60%	-1.48%
Pre Tax Income Margin	0.00%	0.00%	526.22%	-121.00%	-19.75%	-3.40%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	-2.84	0.00	-0.89	-8.23	-5.31	-1.66
NOPAT to Interest Expense	-2.00	0.00	-0.91	-5.79	-3.67	-1.11
EBIT Less CapEx to Interest Expense	-2.84	0.00	-0.92	-8.61	-5.75	-2.14
NOPAT Less CapEx to Interest Expense	-2.00	0.00	-0.94	-6.16	-4.10	-1.59
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Grab are available.

Financials Breakdown Chart

Frequently Asked Questions About Grab's Financials

When does Grab's financial year end?

According to the most recent income statement we have on file, Grab's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Grab's net income changed over the last 5 years?

Grab's net income appears to be on a downward trend, with a most recent value of -$158 million in 2024, falling from -$3.99 billion in 2019. The previous period was -$485 million in 2023. Check out Grab's forecast to explore projected trends and price targets.

What is Grab's operating income?

Grab's total operating income in 2024 was -$168 million, based on the following breakdown:

Total Gross Profit: $1.17 billion
Total Operating Expenses: $1.36 billion

How has Grab's revenue changed over the last 5 years?

Over the last 5 years, Grab's total revenue changed from -$845 million in 2019 to $2.80 billion in 2024, a change of -431.0%.

How much debt does Grab have?

Grab's total liabilities were at $2.94 billion at the end of 2024, a 26.7% increase from 2023, and a 74.9% decrease since 2020.

How much cash does Grab have?

In the past 4 years, Grab's cash and equivalents has ranged from $1.95 billion in 2022 to $4.99 billion in 2021, and is currently $2.96 billion as of their latest financial filing in 2024.

How has Grab's book value per share changed over the last 5 years?

Over the last 5 years, Grab's book value per share changed from 0.00 in 2019 to 5.95 in 2024, a change of 594.7%.

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This page (NASDAQ:GRAB) was last updated on 10/23/2025 by MarketBeat.com Staff

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Grab (GRAB) Financials

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Frequently Asked Questions About Grab's Financials

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Grab (GRAB) Financials

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