Grab Raises Full-Year Guidance Following Third Quarter 2026 Profitability Gains
Grab (GRAB) has raised its full-year guidance for both group revenue and core profitability following a strong third-quarter performance. A significant milestone was reached as the Financial Services segment achieved its first profitable quarter, posting an adjusted EBITDA of $12 million driven by low customer acquisition costs and rapid gross loan portfolio growth. The company also demonstrated operational efficiency in its technology stack, reporting that the cost per AI interaction fell 42% quarter-over-quarter despite a 60% increase in interactions. Additionally, Grab is pursuing an asset-light strategy for autonomous vehicle expansion through partnerships with third-party fleet owners. With all three core operating segments now contributing to profitability, management expects continued momentum as transaction volumes scale across Southeast Asia.
Tickers: $GRAB
Topics: AI efficiency earnings report financial services guidance raise profitability