Grab Reports Mixed Q3 Results with Revenue Beat and Record Adjusted EBITDA
Grab reported mixed third-quarter financial results, characterized by a revenue beat alongside an earnings miss. The company's revenue reached $1.11 billion, representing a 27.1% year-over-year increase that exceeded analyst expectations by $10 million. However, GAAP EPS of $0.00 fell short of estimates by $0.03. Despite the earnings miss, Grab demonstrated strong operational momentum with record Adjusted EBITDA growing 73% year-over-year to $237 million. Additionally, Adjusted Free Cash Flow nearly doubled compared to the previous year. Based on these performance metrics, the company has raised its outlook for fiscal year 2026.
Tickers: $GRAB
Topics: earnings miss EBITDA growth free cash flow revenue beat
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