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Grab (GRAB) Revenue & Revenue Breakdown

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Grab Revenue Highlights

Latest Revenue (Y)

$2.36B

Latest Revenue (Q)

$653.00M

Main Segment (Y)

Deliveries

Main Geography (Y)

MALAYSIA

Grab Revenue by Period

Grab Revenue by Year

DateRevenueChange
2023-12-31$2.36B64.62%
2022-12-31$1.43B112.30%
2021-12-31$675.00M43.92%
2020-12-31$469.00M-155.50%
2019-12-31$-845.00M-

Grab generated $2.36B in revenue during NA 2023, up 64.62% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Grab Revenue by Quarter

DateRevenueChange
2024-03-31$653.00M-
2023-12-31$653.00M6.18%
2023-09-30$615.00M8.47%
2023-06-30$567.00M8.00%
2023-03-31$525.00M4.58%
2022-12-31$502.00M31.41%
2022-09-30$382.00M19.00%
2022-06-30$321.00M40.79%
2022-03-31$228.00M86.89%
2021-12-31$122.00M-22.29%
2021-09-30$157.00M-12.29%
2021-06-30$179.00M-17.13%
2021-03-31$216.00M-

Grab generated $653.00M in revenue during Q1 2024, up 0.00% compared to the previous quarter, and up 130.08% compared to the same period a year ago.

Grab Revenue Breakdown

Grab Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Financial Services$184.00M$71.00M$27.00M
Mobility$869.00M$639.00M$456.00M
Deliveries$1.19B$663.00M$148.00M
Enterprise and new initiatives$112.00M$60.00M$44.00M

Grab's latest annual revenue breakdown by segment (product or service), as of Dec 23: Deliveries (50.61%), Mobility (36.84%), Financial Services (7.80%), and Enterprise and new initiatives (4.75%).

Grab Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Rest of Southeast Asia$196.00M$113.00M$127.00M
PHILIPPINES$200.00M$125.00M$81.00M
INDONESIA$605.00M$275.00M-
MALAYSIA$673.00M$509.00M$108.00M
THAILAND$205.00M$109.00M$76.00M
SINGAPORE$480.00M$302.00M$283.00M

Grab's latest annual revenue breakdown by geography, as of Dec 23: MALAYSIA (28.53%), INDONESIA (25.65%), SINGAPORE (20.35%), THAILAND (8.69%), PHILIPPINES (8.48%), and Rest of Southeast Asia (8.31%).

Grab Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
UBERUber$37.28B$11.19B
INTUIntuit$16.29B$6.74B
WDAYWorkday$7.26B$2.08B
SHOPShopify$7.06B$1.86B
KCKingsoft Cloud$7.05B$1.78B
ZMZoom Video Communications$4.53B$1.16B
LYFTLyft$4.40B$1.52B
SNOWSnowflake$2.81B$868.82M
GRABGrab$2.36B$653.00M
DDOGDatadog$2.13B$690.02M
AIC3.ai$310.58M$87.21M
HKDAMTD Digital$33.07M$4.34M

GRAB Revenue FAQ

What is Grab’s yearly revenue?

Grab's yearly revenue for 2023 was $2.36B, representing an increase of 64.62% compared to 2022. The company's yearly revenue for 2022 was $1.43B, representing an increase of 112.30% compared to 2021. GRAB's yearly revenue for 2021 was $675M, representing an increase of 43.92% compared to 2020.

What is Grab’s quarterly revenue?

Grab's quarterly revenue for Q1 2024 was $653M, a 0% increase from the previous quarter (Q4 2023), and a 24.38% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $653M, a 6.18% increase from the previous quarter (Q3 2023), and a 30.08% increase year-over-year (Q4 2022). GRAB's quarterly revenue for Q3 2023 was $615M, a 8.47% increase from the previous quarter (Q2 2023), and a 60.99% increase year-over-year (Q3 2022).

What is Grab’s revenue growth rate?

Grab's revenue growth rate for the last 3 years (2021-2023) was 249.48%, and for the last 5 years (2019-2023) was -379.17%.

What are Grab’s revenue streams?

Grab's revenue streams in c 23 are Financial Services, Mobility, Deliveries, and Enterprise and new initiatives. Financial Services generated $184M in revenue, accounting 7.80% of the company's total revenue, up 159.15% year-over-year. Mobility generated $869M in revenue, accounting 36.84% of the company's total revenue, up 35.99% year-over-year. Deliveries generated $1.19B in revenue, accounting 50.61% of the company's total revenue, up 80.09% year-over-year. Enterprise and new initiatives generated $112M in revenue, accounting 4.75% of the company's total revenue, up 86.67% year-over-year.

What is Grab’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Grab was Deliveries. This segment made a revenue of $1.19B, representing 50.61% of the company's total revenue.