Grab Holdings, the developer of a technology, transportation, food, and e-commerce ‘super-app’, has recorded full-year profit, bouncing back from a loss in 2024.

The Singaporean company recorded revenues of US$3.3 billion in the 2025 financial year, with profits of $200 million.

It was a strong rebound from the previous year, when Grab recorded a loss of $158 million. 

The growth was buoyed by $906 million in Q4, representing a 19 per cent increase over the previous year.

“We exited 2025 with a record fourth quarter, delivering our first full year of net profit and crossing 50 million monthly transacting users,” said Anthony Tan, group CEO and co-founder. 

“We will build on this momentum by executing on a multi-year strategy focused on further expanding our addressable market through greater affordability and reliability, while harnessing product-led innovations to deepen ecosystem engagement and expand user lifetime values.”

Revenue from deliveries grew by 18 per cent year-on-year; mobility revenues grew by 15 per cent.

“This strong foundation underpins our confidence in our long-term financial outlook, where we expect to generate $1.5 billion in Adjusted EBITDA with an Adjusted Free Cash Flow conversion of 80 per cent by 2028,” Peter Oey, CFO of Grab, added. 

“This provides us with greater flexibility to accelerate our platform ambitions while delivering shareholder value.”

Grab has now announced a $500 million share buyback program.