Grab's Q1 2026 revenue rises 23.4% YoY with strong net income margin amid inflation and oil price hikes

Grab Holdings Limited reported a 23.4% year-on-year revenue increase to $955 million in Q1 2026, alongside a net income margin improvement to 12.5%. The company's strategic commission reductions, adoption of electric vehicles, and diversified business model have helped sustain demand and driver loyalty despite rising oil prices and inflation pressures. With $2.9 billion in cash liquidity and partnerships with metered taxis, Grab maintains operational stability and market reach across ASEAN cities. Its current valuation at 4.13 times price-to-sales ratio remains attractive compared to its five-year average of 7.07, supporting a strong buy rating despite weak technical indicators.