Grab Lifts 2026 Outlook to $4.15 Billion as AI Efficiency Drives Record Q2
Updated
Updated · CNBC · Aug 4
Grab Lifts 2026 Outlook to $4.15 Billion as AI Efficiency Drives Record Q2
3 articles · Updated · CNBC · Aug 4
Summary
Grab raised its full-year revenue forecast to $4.10 billion-$4.15 billion and EBITDA guidance to $720 million-$740 million after posting record second-quarter results.
Revenue climbed 22% to $997 million in the June quarter, while operating profit jumped 186% to $19 million as AI helped the company ship products three times faster and improve margins.
Consumer demand stayed firm despite macroeconomic headwinds, with second-quarter rides up 28% year on year and July trends still strong, according to CFO Peter Oey.
Shares rose 4.86% in extended trading, while Grab said its Taiwan foodpanda acquisition still awaits regulatory clearance and is targeted to close in the second half.