Grab Holdings (NASDAQ:GRAB) shares are trading higher after the company reported strong second-quarter results and raised its FY26 sales guidance, with its midpoint above estimates. • Grab Holdings stock is showing upward movement.
What's driving GRAB shares up?
Earnings Snapshot EPS of six cents, exceeded the consensus of two cents, while revenue reached $997 million, slightly above estimates of $990.8 million.
Growth was primarily driven by increased transaction volumes and user expansion rather than higher pricing, reflecting stronger underlying demand.
Adjusted EBITDA increased 54% year-over-year to $168 million, marking the company’s 18th consecutive quarter of profitability expansion.
