Uber Technologies, Inc. (NYSE) For the full year 2025, Uber reported annual revenue of $52.02 billion, an 18% increase from $43.98 billion in 2024. Annual net profit was $10.05 billion, compared to $9.82 billion in the prior year. The company reported a directional trend of growth in gross bookings and adjusted EBITDA across all four quarters of the fiscal year. Free cash flow for the full year reached $10.0 billion.
Market Capitalization
The market capitalization of Uber Technologies, Inc. stood at $156.12 billion at the market close.
Fourth Quarter Results
Uber reported consolidated revenue of $14.37 billion for the fourth quarter of 2025, an increase of 20% compared to the same period in 2024. Net profit attributable to the company was $296 million, representing a 96% decline year-over-year. The company reported that net income included a $1.6 billion pre-tax headwind due to net unrealized losses from the revaluation of equity investments. Adjusted EBITDA for the quarter was $2.5 billion, a 35% increase year-over-year.
Segment Highlights for the Quarter:
- Mobility: Revenue for the segment was $8.20 billion, up 19% year-over-year. Gross bookings reached $21.18 billion.
- Delivery: Segment revenue rose 30% to $4.89 billion. Gross bookings reached $20.38 billion.
- Freight: Revenue was $1.27 billion, remaining stable compared to the fourth quarter of the previous year.
Financial Trends
Business & Operations Update
Uber expanded its autonomous vehicle strategy through new partnerships with Lucid and NVIDIA. The company launched autonomous mobility services in Abu Dhabi in collaboration with WeRide. In the delivery segment, Uber initiated a strategic partnership with Kroger for grocery fulfillment. The Uber One membership program reported an increase to 36 million members, who now account for 40% of total combined mobility and delivery bookings.
M&A or Strategic Moves
The company announced an accelerated share repurchase program of $1.5 billion, which commenced following the board’s approval. Uber also disclosed the completion of its divestment from certain non-core equity stakes, contributing to the reported investment revaluations. No large-scale acquisitions were announced during the fourth-quarter reporting period.
Guidance & Outlook
For the first quarter of 2026, Uber issued guidance for gross bookings between $52.0 billion and $53.5 billion. This represents a projected growth rate of 17% to 21% on a constant currency basis. The company identified the continued integration of autonomous technologies and the expansion of its advertising business as factors to watch for in the coming fiscal year.
Performance Summary
Uber shares ended the day 3.68% lower following the announcement of fourth-quarter results. Revenue for the quarter reached $14.37 billion, while full-year revenue totaled $52.02 billion. Mobility and Delivery segments maintained growth while Freight revenue remained flat. The company issued gross bookings guidance for the first quarter of 2026.
