economy

February 4, 2026

Uber reports 20% revenue growth in fourth-quarter, but issues soft profit guidance

Uber said revenue in its food delivery business increased 30%, beating analysts' estimates.

Uber reports 20% revenue growth in fourth-quarter, but issues soft profit guidance

TL;DR

  • Uber reported Q4 revenue of $14.37 billion, surpassing estimates.
  • Mobility revenue increased by 19% to $8.2 billion, and delivery revenue climbed 30% to $4.9 billion.
  • Balaji Krishnamurthy has been appointed as the new CFO, replacing Prashanth Mahendra-Rajah.
  • Net income for the quarter was $296 million, impacted by revaluations of equity investments and higher taxes.
  • Monthly active platform consumers grew 18% year-over-year to 202 million.
  • Gross bookings reached $54.1 billion, exceeding analyst expectations.
  • Uber plans to facilitate autonomous vehicle (AV) trips in up to 15 cities globally by the end of 2026.
  • The company is integrating with ChatGPT to enhance customer discovery and reach.
  • Uber is investing in its Uber One subscription program and advertising business.
  • Shares fell approximately 4% following the earnings report and guidance.

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