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Side-by-side financial comparison of Grab Holdings Ltd (GRAB) and TTM TECHNOLOGIES INC (TTMI). Click either name above to swap in a different company.

Grab Holdings Ltd is the larger business by last-quarter revenue ($1.5B vs $774.3M, roughly 1.9× TTM TECHNOLOGIES INC). TTM TECHNOLOGIES INC runs the higher net margin — 6.5% vs 1.8%, a 4.8% gap on every dollar of revenue.

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in one-north, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices. It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

TTM Technologies, Inc. is an American printed circuit board (PCB) manufacturer headquartered in Santa Ana, California. Founded in 1998, the company is one of the top five PCB manufacturers in the world and the largest in North America, and the largest supplier of PCBs to the U.S. military. TTM serves customers in industries including aerospace and defense, medical, industrial, automotive, computing, and networking.

GRAB vs TTMI — Head-to-Head

Bigger by revenue
GRAB
GRAB
1.9× larger
GRAB
$1.5B
$774.3M
TTMI
Higher net margin
TTMI
TTMI
4.8% more per $
TTMI
6.5%
1.8%
GRAB

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
GRAB
GRAB
TTMI
TTMI
Revenue
$1.5B
$774.3M
Net Profit
$26.0M
$50.7M
Gross Margin
43.1%
21.4%
Operating Margin
-2.5%
10.4%
Net Margin
1.8%
6.5%
Revenue YoY
18.9%
Net Profit YoY
880.4%
EPS (diluted)
$0.01
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRAB
GRAB
TTMI
TTMI
Q4 25
$774.3M
Q3 25
$752.7M
Q2 25
$730.6M
Q1 25
$648.7M
Q4 24
$1.5B
$651.0M
Q3 24
$616.5M
Q2 24
$570.1M
Q1 24
$569.0M
Net Profit
GRAB
GRAB
TTMI
TTMI
Q4 25
$50.7M
Q3 25
$53.1M
Q2 25
$41.5M
Q1 25
$32.2M
Q4 24
$26.0M
$5.2M
Q3 24
$14.3M
Q2 24
$10.5M
Q1 24
$17.3M
Gross Margin
GRAB
GRAB
TTMI
TTMI
Q4 25
21.4%
Q3 25
20.8%
Q2 25
20.3%
Q1 25
20.2%
Q4 24
43.1%
19.4%
Q3 24
21.1%
Q2 24
18.2%
Q1 24
20.3%
Operating Margin
GRAB
GRAB
TTMI
TTMI
Q4 25
10.4%
Q3 25
9.6%
Q2 25
8.5%
Q1 25
7.7%
Q4 24
-2.5%
1.4%
Q3 24
8.3%
Q2 24
3.0%
Q1 24
6.1%
Net Margin
GRAB
GRAB
TTMI
TTMI
Q4 25
6.5%
Q3 25
7.0%
Q2 25
5.7%
Q1 25
5.0%
Q4 24
1.8%
0.8%
Q3 24
2.3%
Q2 24
1.8%
Q1 24
3.0%
EPS (diluted)
GRAB
GRAB
TTMI
TTMI
Q4 25
$0.47
Q3 25
$0.50
Q2 25
$0.40
Q1 25
$0.31
Q4 24
$0.01
$0.05
Q3 24
$0.14
Q2 24
$0.10
Q1 24
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRAB
GRAB
TTMI
TTMI
Cash + ST InvestmentsLiquidity on hand
$3.0B
$501.2M
Total DebtLower is stronger
$916.2M
Stockholders' EquityBook value
$6.4B
$1.8B
Total Assets
$9.3B
$3.8B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRAB
GRAB
TTMI
TTMI
Q4 25
$501.2M
Q3 25
$491.1M
Q2 25
$448.0M
Q1 25
$411.3M
Q4 24
$3.0B
$503.9M
Q3 24
$469.5M
Q2 24
$440.4M
Q1 24
$450.2M
Total Debt
GRAB
GRAB
TTMI
TTMI
Q4 25
$916.2M
Q3 25
$916.6M
Q2 25
$917.1M
Q1 25
$917.6M
Q4 24
$914.4M
Q3 24
$912.8M
Q2 24
$913.9M
Q1 24
$914.3M
Stockholders' Equity
GRAB
GRAB
TTMI
TTMI
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$6.4B
$1.6B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Total Assets
GRAB
GRAB
TTMI
TTMI
Q4 25
$3.8B
Q3 25
$3.7B
Q2 25
$3.6B
Q1 25
$3.5B
Q4 24
$9.3B
$3.5B
Q3 24
$3.4B
Q2 24
$3.3B
Q1 24
$3.3B
Debt / Equity
GRAB
GRAB
TTMI
TTMI
Q4 25
0.52×
Q3 25
0.54×
Q2 25
0.56×
Q1 25
0.58×
Q4 24
0.58×
Q3 24
0.59×
Q2 24
0.60×
Q1 24
0.61×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRAB
GRAB
TTMI
TTMI
Operating Cash FlowLast quarter
$591.0M
$62.9M
Free Cash FlowOCF − Capex
$-6.5M
FCF MarginFCF / Revenue
-0.8%
Capex IntensityCapex / Revenue
9.0%
Cash ConversionOCF / Net Profit
22.73×
1.24×
TTM Free Cash FlowTrailing 4 quarters
$-683.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRAB
GRAB
TTMI
TTMI
Q4 25
$62.9M
Q3 25
$141.8M
Q2 25
$97.8M
Q1 25
$-10.7M
Q4 24
$591.0M
Q3 24
$65.1M
Q2 24
$43.9M
Q1 24
$47.5M
Free Cash Flow
GRAB
GRAB
TTMI
TTMI
Q4 25
$-6.5M
Q3 25
$42.4M
Q2 25
$37.4M
Q1 25
$-74.0M
Q4 24
Q3 24
$24.2M
Q2 24
$-5.4M
Q1 24
$1.4M
FCF Margin
GRAB
GRAB
TTMI
TTMI
Q4 25
-0.8%
Q3 25
5.6%
Q2 25
5.1%
Q1 25
-11.4%
Q4 24
Q3 24
3.9%
Q2 24
-1.0%
Q1 24
0.2%
Capex Intensity
GRAB
GRAB
TTMI
TTMI
Q4 25
9.0%
Q3 25
13.2%
Q2 25
8.3%
Q1 25
9.8%
Q4 24
Q3 24
6.6%
Q2 24
8.7%
Q1 24
8.1%
Cash Conversion
GRAB
GRAB
TTMI
TTMI
Q4 25
1.24×
Q3 25
2.67×
Q2 25
2.36×
Q1 25
-0.33×
Q4 24
22.73×
Q3 24
4.55×
Q2 24
4.19×
Q1 24
2.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRAB
GRAB

Segment breakdown not available.

TTMI
TTMI

Aerospace And Defense$317.2M41%
Data Center Computing$221.6M29%
Medical Industrial Instrumentation$105.0M14%
Automotive Components$69.7M9%
Networking Communication$50.1M6%
Radio Frequency And Specialty Components$10.6M1%

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