Uber Technologies (UBER) Company Report

Gross bookings rose 22% year-over-year in Q4; 2025 full-year bookings exceeded $20 billion for the fifth straight year, with adjusted EBITDA of $8.7 billion and free cash flow of $9.8 billion (+42%).
Platform scale reached a 15 billion annualized trip run rate and over 200 million monthly active users in Q4.
CFO transition: Prashanth Mahendra-Rajah will step down on February 16, 2026, to be succeeded by Balaji Krishnamurthy.
Committed to returning ~50% of free cash flow via share repurchases, targeting ongoing reductions in share count.
Autonomous vehicle roadmap advanced through partnerships (e.g., Waymo, NVIDIA, Waabi), aiming to deploy in 15 cities by end-2026 to bolster growth and margins.

3 hours ago

Transcript

Uber reports Q4 2025 results

UBER

Earnings

CFO Change

Share Buyback

Gross bookings rose 22% y/y to a 15 billion annual run rate; 2025 full-year adjusted EBITDA was $8.7 billion (35% margin) and free cash flow was $9.8 billion, up 42% y/y.
Prashanth Mahendra-Rajah will step down as CFO on February 16, 2026; Balaji Krishnamurthy will assume the role.
Autonomous vehicle deployments expected in 15 cities by year-end, with partnerships including Waymo, NVIDIA, Waabi, Nuro, and Lucid; AV trips on Uber’s platform show 30% higher utilization vs. standalone AV services.
Monthly active users grew from 14% y/y at the start of 2025 to 18% y/y by year-end, reaching 202 million MAPCs, with 40% of consumers using more than one Uber product.
Uber will reinvest in core growth areas (AV, selective M&A) while committing roughly 50% of free cash flow to share repurchases, maintaining an aggressive buyback cadence.

3 hours ago

Transcript

Uber reports Q4 2025 earnings, announces CFO transition

UBER

Earnings

CFO Change

Industry-leading growth in Q4 2025: trips reached a 15 billion annual run rate and monthly active users topped 200 million, driving 22% year-over-year gross bookings growth.
Full-year 2025 results include over $20 billion in annual gross bookings (fifth consecutive year), $8.7 billion of adjusted EBITDA (35% margin) and $9.8 billion of free cash flow (up 42%).
CFO transition: Prashanth will step down on February 16, with Balaji appointed as his successor to lead financial strategy.
Strong start to 2026 with a profitable platform and planned targeted investments across six strategic focus areas.

4 hours ago

Transcript

Uber announces Q4 and FY2025 results

UBER

Earnings

CFO Change

Guidance Update

Uber delivered a record Q4 with GAAP operating income of $1.8 B and adjusted EBITDA of $2.5 B (up 35% YoY), on $54.1 B gross bookings (+22% YoY) and $14.4 B revenue (+20% YoY).
For full-year 2025, Uber achieved $193.5 B in gross bookings (+19% YoY), $52.0 B in revenue (+18% YoY) and $9.8 B in free cash flow (+42% YoY).
Unrestricted cash and short-term investments totaled $7.6 B at Q4 end, underpinning strong liquidity.
CFO Prashanth Mahendra-Rajah noted $10 B in free cash flow for 2025, and incoming CFO Balaji Krishnamurthy will lead disciplined investment toward an AV-future.
Q1 2026 guidance calls for $52.0 B–$53.5 B in gross bookings (+17% to 21% YoY) and non-GAAP EPS of $0.65–$0.72 (up ~37% YoY).

5 hours ago

Press Release

Uber announces Q4 and full year 2025 results

UBER

Earnings

Guidance Update

CFO Change

In Q4 2025, Trips grew 22% YoY to 3.8 billion, Gross Bookings rose 22% YoY to $54.1 billion, and Revenue increased 20% YoY to $14.4 billion.
Q4 2025 GAAP Income from operations was $1.8 billion (+130% YoY), GAAP Net Income was $296 million (EPS $0.14), and Adjusted EBITDA reached $2.5 billion (+35% YoY).
For the full year 2025, Gross Bookings totaled $193 billion, Revenue was $52 billion, and Free Cash Flow amounted to $10 billion.
Q1 2026 outlook: Gross Bookings of $52.0 billion to $53.5 billion (17–21% YoY growth) and Non-GAAP EPS of $0.65 to $0.72.
CFO transition: Prashanth Mahendra-Rajah will step down on February 16, 2026; Balaji Krishnamurthy will assume the CFO role on that date.

5 hours ago

8-K

Uber relaunches Macau taxi operations and launches Hong Kong link

UBER

Product Launch

New Projects/Investments

Uber relaunched operations in Macau, marking its first new Asian market entry in years by enabling ride booking and payment for licensed taxis through its app.
Launched a cross-border limousine service between Hong Kong and Macau with upfront pricing (including tolls), 24-hour advance reservations up to 90 days, operated by partner Kwoon Chung.
Positioned as a cautious, fully licensed model in collaboration with local authorities to support Macau’s tourism rebound and Greater Bay Area connectivity.
Market analysts maintain a Strong Buy consensus on UBER stock based on 30 Buys, 3 Holds, and 1 Sell over the past three months.
CEO Dara Khosrowshahi expects to roll out robotaxi services in over 10 markets by end of 2026, potentially including Hong Kong and Japan.

1 day ago

Bloomberg

Uber invests in Waabi’s $1B robotaxi funding round

UBER

New Projects/Investments

Waabi raised up to $1 billion—a $750 million Series C co-led by Khosla Ventures and G2 Venture Partners plus a $250 million milestone-based commitment from Uber—bringing total funding to $1.28 billion.
Under the deal, Uber will deploy at least 25,000 Waabi Driver–powered robotaxis exclusively on its ride-hailing platform, with additional capital tied to deployment milestones.
Strategic and financial backers include Uber, Nvidia’s VC arm (NVentures), Volvo Group Venture Capital, Porsche, BlackRock, Radical Ventures and an ADIA subsidiary; Waabi’s valuation is reported at $3 billion.
Waabi’s single, end-to-end “physical AI” shared brain aims to power both autonomous trucking and robotaxis, though timelines, vehicle partners and safety plans remain undisclosed.

7 days ago

Bloomberg

Uber invests in Waabi’s $750M Series C for robotaxis

UBER

New Projects/Investments

Waabi closed an oversubscribed $750 M Series C round co-led by Khosla Ventures and G2 Venture Partners, with participation from Uber, NVIDIA’s NVentures, Volvo Group Venture Capital, Porsche, BlackRock, ADIA, and others.
As part of the partnership, Uber will invest additional milestone-based capital to support the development and deployment of 25,000+ Waabi Driver-powered robotaxis exclusively on the Uber platform.
Waabi’s Physical AI Platform uses a shared end-to-end AI model for both autonomous trucks and robotaxis, enabling rapid scaling and cross-application improvements.

7 days ago

Press Release

Uber expands grocery delivery network with Kroger partnership

UBER

Product Launch

Uber Technologies and Kroger have launched delivery of nearly 2,700 Kroger Family of Companies stores on the Uber Eats, Uber and Postmates apps nationwide.
Customers can now order fresh groceries, Kroger’s Our Brands favorites and household essentials for on-demand and same-day delivery via Uber’s platforms.
This rollout deepens Uber’s presence in grocery delivery and strengthens its strategic partnership with a leading supermarket chain.

Jan 15, 2026, 5:38 PM

Press Release

Uber adds nearly 2,700 Kroger stores to its delivery apps

UBER

Product Launch

Uber and Kroger launched nearly 2,700 Kroger Family of Companies stores on Uber Eats, Uber, and Postmates apps nationwide.
Customers can browse full store assortments—from fresh groceries to household essentials—across multiple Kroger banners for on-demand and same-day delivery.
Uber is offering up to 50% off first orders from Kroger banners and $0 delivery fee for Uber One members on eligible orders.
The partnership aims to broaden access and convenience, enhancing flexibility for millions of households.