Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported a 20% increase in revenues for the fourth quarter of fiscal 2025. The ride-hailing company also issued guidance for the first quarter of FY26.
Net income attributable to the company plunged to $296 million or $0.14 per share in the fourth quarter of FY25 from $6.88 billion or $3.21 per share in the corresponding quarter last year. On an adjusted basis, earnings were $0.71 per share, vs. $0.71 per share in the year-ago quarter.
Fourth-quarter net revenue increased to $14.4 billion from $11.9 billion in the same period of 2024. At $54.1 billion, gross bookings were up 22% year-over-year.
“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,” said Dara Khosrowshahi, chief executive officer of Uber.
For the first quarter of fiscal 2026, the management expects gross bookings to be in the range of $52.0 billion to $53.5 billion, representing growth of 17% to 21% YoY on a constant currency basis. Adjusted earnings per share is expected to be between $0.65 and $0.72, representing 37% YoY rise.