As of Q1'26, GRAB's cash and short-term investments stood at $6.26B USD, reflecting a decline from the peak of $6.97B USD in Q2'25, while debt was reported at $1.95B USD, down slightly from $2.05B USD in Q4'25. This positions the company's net cash position at approximately $4.31B USD, maintaining a strong liquidity buffer despite the recent dip in cash reserves. Over the period from Q2'23 to Q1'26, cash and short-term investments exhibited an overall upward trend, growing from $4.57B USD to a high of $6.97B USD before moderating, with notable volatility including a sharp drop to $4.01B USD in Q1'24 followed by steady recovery. In contrast, debt levels remained relatively stable and low until a significant increase to $1.91B USD in Q2'25, fluctuating around $1.8B-$2.1B USD thereafter, underscoring improved financial flexibility with cash consistently outpacing debt by a wide margin.