UBER Q4 2025 Earnings
Reported Feb 4, 2026 at 6:56 AM ET · SEC Source
Q4 25 EPS
$0.71
MISS 8.83%
Est. $0.78
Q4 25 Revenue
$14.37B
BEAT +0.16%
Est. $14.34B
vs S&P Since Q4 25
-5.5%
TRAILING MARKET
UBER -0.5% vs S&P +5.0%
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
UBER Forward Guidance & Outlook
For Q1 2026, Uber anticipates Gross Bookings of $52.0 billion to $53.5 billion, representing 17% to 21% YoY growth on a constant currency basis, with a roughly 4 percentage-point currency tailwind to total reported YoY growth. Non-GAAP EPS is expected at $0.65 to $0.72, representing 37% YoY growth at the midpoint, translating to Adjusted EBITDA of $2.37 billion to $2.47 billion. The company stated it remains on track to deliver on its three-year growth and profit outlook.
UBER YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
UBER Revenue by Segment
With YoY comparisons, source: SEC Filings
“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
UBER Earnings Trends
UBER vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
UBER EPS Trend
Earnings per share: estimate vs actual
UBER Revenue Trend
Quarterly revenue: estimate vs actual
UBER Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 MISS FY | $0.78 | $0.71 | -8.83% | $14.37B | +0.16% |
| FY Full Year | $5.37 | $2.45 | -54.41% | $52.02B | +0.05% |
| Q3 25 BEAT | $0.69 | $3.11 | +353.15% | $13.47B | +1.55% |
| Q2 25 BEAT | $0.62 | $0.63 | +1.16% | $12.65B | +1.48% |
| Q1 25 BEAT | $0.50 | $0.83 | +65.04% | $11.53B | -0.74% |