Grab Holdings Limited (GRAB)
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Clear Secure: the identity network has to prove airport scale travels
Clear Secure reported FY2025 revenue of $900.8 million and Q1 2026 revenue of $253.0 million, with the official record tying the thesis to airport-member growth, identity platform expansion, deferred revenue, privacy trust, margin quality and cash conversion.
OpenGRAB: Grab is proving operating leverage, but lending and incentives are the watch items.
Grab reported Q1 2026 revenue growth, record adjusted EBITDA, and stronger on-demand GMV. The proof gate is adjusted EBITDA, adjusted free cash flow, loan quality, and incentive discipline.
OpenGrab Holdings Financials: Evaluating The Path To Sustained Profitability Within Southeast Asia Markets
Grab is trying to turn Southeast Asia scale into durable profitability.
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