Overview
- Q4 revenue rose 20% to $14.37 billion with gross bookings up 22% to $54.1 billion and trips up 22% to 3.8 billion, while net income fell to $296 million due to a $1.6 billion equity-investment revaluation.
- Uber guided Q1 2026 non-GAAP EPS to $0.65–$0.72 and adjusted EBITDA to $2.37–$2.47 billion, below consensus on profit, sending shares down as much as 9% in early trading.
- Delivery remained the growth engine with revenue up roughly 30% year over year, supported by expanded grocery and retail partnerships and rising engagement from Uber One members.
- Management expects to facilitate autonomous trips in up to 15 cities by the end of 2026, naming Houston, Los Angeles, San Francisco, London, Munich, Hong Kong, Zurich, and Madrid, with utilization boosted by routing vehicles into Eats and Freight during off-peak ride demand.
- Uber announced a CFO transition from Prashanth Mahendra-Rajah to Balaji Krishnamurthy and reported Uber Freight reaching breakeven adjusted EBITDA despite flat revenue and slightly lower gross bookings.