Grab Holdings, the Southeast Asian superapp, reported third-quarter revenue up 27% to $1.112 billion, beating analyst consensus of $1.056 billion. Basic earnings per share of $0.01 missed the $0.04 estimate. Financial services revenue more than doubled to $201 million, and the gross loan portfolio tripled to $2.7 billion. The segment posted its first positive adjusted EBITDA, at $12 million, against a $28 million loss a year earlier. Group adjusted EBITDA rose 73% to a record $237 million. Profit for the period was $18 million, from $17 million, held back by a $57 million net fair value loss and a $12 million impairment. Grab raised its 2026 revenue guidance to $4.15 billion to $4.20 billion, and adjusted EBITDA guidance to $790 million to $800 million.

Grab posted an $18 million profit for the third quarter and raised its full-year revenue guidance to $4.15 billion to $4.20 billion. All three of its business segments, including financial services, were adjusted EBITDA profitable for the first time. Monthly transacting users reached 57 million, and adjusted free cash flow over the trailing 12 months was $533 million. The company repurchased $400 million of shares in September and October. It has $500 million left under its buyback program.

Grab, the Singapore-based ride-hailing, delivery and fintech group, has seen its share price fall about 47% in 2026 and trade roughly 83.5% below its all-time high. The business itself keeps growing. In the second quarter, revenue rose 22% year over year to $997 million. Net income reached $235 million, up from about $20 million a year earlier, and adjusted free cash flow over the past 12 months was $450 million. Grab trades at about 21 times expected earnings and 2.7 times expected sales. It averaged roughly 54 million monthly active users at the end of the quarter. The company operates in eight Southeast Asian countries and recently announced the acquisition of Atome, a move into buy now, pay later services.