Overview
- Uber's Q1 2025 revenue rose 14% year-over-year to $11.53 billion, falling short of analysts' expectations of $11.62 billion.
- Adjusted earnings per share of $0.83 significantly exceeded the forecasted $0.50, marking a strong profitability performance.
- Gross bookings for Q1 reached $42.82 billion, up 14% year-over-year but slightly below the $42.99 billion analysts had anticipated.
- The company expects Q2 gross bookings between $45.75 billion and $47.25 billion, with adjusted EBITDA projected at $2.02 billion to $2.12 billion, both above Wall Street estimates.
- Uber is advancing its autonomous vehicle strategy, deepening partnerships with Waymo and startups like WeRide, Pony AI, and Avride to expand robotaxi services globally.