Uber

UBER Q4 2025 Earnings

Reported Feb 4, 2026 at 6:56 AM ET · SEC Source

Q4 25 EPS

$0.71

MISS 8.52%

Est. $0.78

Q4 25 Revenue

$14.37B

BEAT +0.30%

Est. $14.32B

vs S&P Since Q4 25

-15.4%

TRAILING MARKET

UBER -7.9% vs S&P +7.5%

Full Year 2025 Results

FY 25 EPS

$2.45

MISS 54.41%

Est. $5.37

FY 25 Revenue

$52.02B

BEAT +0.05%

Est. $51.99B

Market Reaction

Did UBER Beat Earnings? Q4 2025 Results

Uber closed out Q4 2025 with a mixed but fundamentally strong report, posting revenue of $14.37 billion, up 20.1% year-over-year and just ahead of the $14.34 billion consensus, while non-GAAP EPS of $0.71 fell short of the $0.78 analyst estimate by 8… Read more Uber closed out Q4 2025 with a mixed but fundamentally strong report, posting revenue of $14.37 billion, up 20.1% year-over-year and just ahead of the $14.34 billion consensus, while non-GAAP EPS of $0.71 fell short of the $0.78 analyst estimate by 8.83%, largely due to a $1.60 billion pre-tax headwind from equity investment revaluations that weighed on reported profitability. Beneath the headline miss, the operational story was compelling: trips surged 22% year-over-year to 3.8 billion, Gross Bookings reached $54.14 billion, and free cash flow hit a record $2.81 billion, up 65% year-over-year. Delivery was a standout, with revenue climbing 30% to $4.89 billion and Adjusted EBITDA jumping 40% to $1.01 billion. Looking ahead, Uber guided Q1 2026 Gross Bookings to $52.00 billion to $53.50 billion and Non-GAAP EPS of $0.65 to $0.72, and the company is doubling down on autonomous vehicles, committing over $100 million to build charging infrastructure as it positions itself as the leading facilitator of robotaxi trips globally.

Key Takeaways

  • Monthly Active Platform Consumers grew 18% YoY to 202 million
  • Trips grew 22% YoY to 3.8 billion, driven by MAPC growth and higher trips per MAPC
  • Delivery Gross Bookings grew 26% YoY, outpacing Mobility growth
  • Adjusted EBITDA margin expanded to 4.6% of Gross Bookings from 4.2% in Q4 2024
  • Delivery Adjusted EBITDA surged 40% YoY to $1,015 million
  • Mobility Adjusted EBITDA grew 25% to $2,203 million
24/7 Wall St

UBER YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

UBER Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Uber accelerated into another record-breaking quarter, with more than 200 million monthly users completing more than 40 million trips every day—our largest and most engaged consumer base ever.”

— Dara Khosrowshahi, Q4 2025 Earnings Press Release