Particle.news
Download on the App Store

Uber Q3 Revenue Jumps, Profit Surges on Record Trips as EBITDA Miss Drags Shares

The company projected double-digit growth in fourth-quarter bookings and said it has begun using OpenAI models to streamline driver and delivery operations.

Overview

  • Uber reported third-quarter revenue of about $13.47 billion and net income of $6.63 billion, with revenue up roughly 20% year over year.
  • Mobility revenue reached $7.68 billion, delivery generated $4.48 billion, and freight was about $1.31 billion, reflecting strong gains in core segments.
  • Platform usage expanded to roughly 189 million monthly active users and more than 3.5 billion trips, representing 17% and 22% growth, respectively.
  • Adjusted EBITDA was $2.41 billion, below Wall Street’s $2.49 billion estimate, resulting in a 4.55% margin and prompting an intraday share decline reported as steep as 8%.
  • For Q4 2025, Uber guided gross bookings to $52.25–$53.75 billion (up 17%–21% year over year) and adjusted EBITDA to $2.41–$2.51 billion (up 31%–36%).