Uber (UBER) Q3 earnings 2025

Uber Beat Wall Street third quarter revenue Expectations for Tuesday.

Shares fell 4 percent.

• Earnings per share: $3.11. It was not immediately clear whether that was comparable to the 68 cents LSEG analysts were expecting.
• Revenues: $13.47 billion versus $13.28 billion LSEG expected

“This was our strongest growth since the end of 2023 and the largest ride volume increase in Uber history outside of the post-Covid recovery,” CEO Dara Khosrowshahi wrote in prepared remarks.

Revenues increased 20% from $11.2 billion in the same period a year ago. Gross bookings rose 21% to $49.74 billion, beating the $48.95 billion StreetAccount had expected.

Net income nearly tripled to $6.6 million, or $3.11 per share, from $2.6 billion, or $1.20 per share, in the same period a year ago. Adjusted EBITDA rose 33% to approximately $2.26 billion, roughly in line with StreetAccount’s forecast.

Uber said its net income included a $4.9 billion gain from a tax valuation disclosure and a $1.5 billion net pretax profit from a revaluation of equity investments.

For the fourth quarter, Uber forecast gross bookings to be between $52.25 billion and $53.75 billion, versus StreetAccount’s estimate of $52.10 billion. The company expects adjusted EBITDA to range between $2.41 billion and $2.51 billion, compared to the $2.47 billion StreetAccount expected.

Khosrowshahi said the company’s focus on innovation and affordability led to strong travel and gross bookings for the period.

Uber’s monthly active platform consumers increased 17% to 189 million. The company said it recorded 3.5 billion trips in the quarter, up 22% from a year earlier.

“We’re seeing blue skies at this point,” Khosrowshahi told CNBC’s “Squawk Box” on Tuesday. “Obviously we’re watching in terms of economies and global economies, but at this point it continues to be hitting on all cylinders.”

The performance of the company’s key business segments is as follows:

• Mobility (gross bookings): $25.11 billion, an increase of 20% compared to the previous year
• Delivery (gross bookings): $23.32 billion, an increase of 25% compared to the previous year

Mobility segment revenues rose to $7.68 billion, slightly above StreetAccount’s $7.63 billion forecast. Uber’s delivery business reported revenue of $4.48 billion, exceeding the $4.31 billion that StreetAccount had forecast.