UBER Q1 2025 Earnings
Reported May 7, 2025 at 6:55 AM ET · SEC Source
Q1 25 EPS
$0.83
BEAT +65.04%
Est. $0.50
Q1 25 Revenue
$11.53B
MISS 0.74%
Est. $11.62B
vs S&P Since Q1 25
-39.5%
TRAILING MARKET
UBER -11.0% vs S&P +28.4%
Market Reaction
Did UBER Beat Earnings? Q1 2025 Results
Uber Technologies delivered a standout first quarter in 2025, with earnings per share of $0.83 beating the $0.50 consensus estimate by 65.04%, even as revenue of $11.53 billion came in just shy of the $11.62 billion Wall Street expected, a modest mis… Read more Uber Technologies delivered a standout first quarter in 2025, with earnings per share of $0.83 beating the $0.50 consensus estimate by 65.04%, even as revenue of $11.53 billion came in just shy of the $11.62 billion Wall Street expected, a modest miss of 0.74% despite growing 13.8% year over year. The headline profit story was driven by a dramatic swing in operating performance, with income from operations surging to $1.23 billion from just $172 million a year ago, while net income reached $1.78 billion compared to a net loss of $654 million in Q1 2024, a reversal that reflected both strong platform leverage and significantly lower legal and administrative costs. Trips grew 18% to 3.0 billion, gross bookings reached $42.82 billion, and adjusted EBITDA expanded 35% to $1.87 billion. Bullish analyst sentiment around Uber's evolution into a scaled logistics platform appears increasingly supported by the numbers. Looking ahead, the company guided Q2 gross bookings of $45.75 billion to $47.25 billion and adjusted EBITDA of $2.02 billion to $2.12 billion.
Key Takeaways
- • 18% YoY trip growth to 3.0 billion trips
- • 14% YoY growth in Monthly Active Platform Consumers to 170 million
- • 3% YoY growth in monthly Trips per MAPC
- • Adjusted EBITDA margin expansion to 4.4% of Gross Bookings from 3.7%
- • Delivery segment Adjusted EBITDA grew 45% YoY
- • Mobility segment Adjusted EBITDA grew 19% YoY
- • Significant reduction in general and administrative expenses
- • Strong constant currency growth of 18% in Gross Bookings
UBER YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
UBER Revenue by Segment
With YoY comparisons, source: SEC Filings
“We kicked off the year with yet another quarter of profitable growth at scale, with trips up 18% and even stronger user retention.”
— Dara Khosrowshahi, Q1 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% |