Grab Holdings Limited has announced its financial results for the third quarter of 2025, revealing a 22% year-over-year revenue growth to $873m. The company also achieved its 15th consecutive quarter of EBITDA growth, with adjusted EBITDA rising by 51% to $136m. User numbers reached a record high of 48 million monthly transacting users (MTUs).
The on-demand gross merchandise value (GMV) saw a 24% year-over-year increase, reaching $5.8b. This growth was driven by a 16% rise in on-demand MTUs and a 27% increase in the total number of on-demand transactions. Grab’s profit for the quarter was $17m, marking a $2m improvement from the previous year.
Anthony Tan, Group CEO and Co-Founder of Grab, highlighted the company’s focus on building a resilient, technology-driven platform. “Grab’s growth engine continues to gain momentum,” he stated, emphasising the company’s commitment to innovation and profitable growth in its core on-demand business.
Looking ahead, Grab plans to continue investing in financial services and exploring opportunities in autonomous vehicles and remote driving. The company has also upgraded its full-year revenue guidance to $3.38b to $3.40b, with adjusted EBITDA expected to reach between $490m and $500m.
These results underscore Grab’s robust performance and strategic focus on expanding its business whilst maintaining financial discipline.

