Grab (GRAB) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.36B | 64.62% |
| 2022-12-31 | $1.43B | 112.30% |
| 2021-12-31 | $675.00M | 43.92% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $653.00M | - |
| 2023-12-31 | $653.00M | 6.18% |
| 2023-09-30 | $615.00M | 8.47% |
| 2023-06-30 | $567.00M | 8.00% |
| 2023-03-31 | $525.00M | 4.58% |
| 2022-12-31 | $502.00M | 31.41% |
| 2022-09-30 | $382.00M | 19.00% |
| 2022-06-30 | $321.00M | 40.79% |
| 2022-03-31 | $228.00M | 86.89% |
| 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/Service | Dec 23 | Dec 22 | Dec 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
| Country | Dec 23 | Dec 22 | Dec 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| UBER | Uber | $37.28B | $10.70B |
| INTU | Intuit | $16.29B | $6.74B |
| WDAY | Workday | $7.26B | $2.08B |
| SHOP | Shopify | $7.06B | $1.86B |
| KC | Kingsoft Cloud | $7.05B | $1.78B |
| ZM | Zoom Video Communications | $4.53B | $1.16B |
| LYFT | Lyft | $4.40B | $1.28B |
| SNOW | Snowflake | $2.81B | $868.82M |
| GRAB | Grab | $2.36B | $653.00M |
| DDOG | Datadog | $2.13B | $645.28M |
| AI | C3.ai | $310.58M | $87.21M |
| HKD | AMTD 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.