Uber Technologies, Inc. announced their financial results for the quarter and full year, revealing a 20% increase in revenue during Q4, driven by food delivery services.
In Q4, Uber reported revenue of $14.37 billion, compared to an estimated $14.32 billion. Quarterly trips increased by 22% year-over-year, and Gross Bookings also rose 22% year-over-year.
The company’s most significant revenue increase this quarter came from its delivery segment, initially serving restaurants and now expanding to groceries and retail. It has formed partnerships with OpenTable, Shopify, and various international grocery brands.
For the full year, Uber reported revenue of $52 billion, an 18% increase YoY.
Dara Khosrowshahi, CEO, told investors, “Uber accelerated into another record-breaking quarter, with more than 200 million monthly users completing more than 40 million trips every day—our largest and most engaged consumer base ever. We enter 2026 with a rapidly growing topline, significant cash flow, and a clear path to becoming the largest facilitator of AV trips in the world.”
Prashanth Mahendra-Rajah, CFO, stated, “Our performance this year reflects the significant power of our platform strategy, with $193 billion in Gross Bookings and $10 billion in free cash flow. Uber is a once-in-a-generation company with enormous opportunity still ahead, and it has been a true privilege—and a great deal of fun—to have played my part in its success.”
“After five years of 20%+ growth, we are entering 2026 with strong momentum, while remaining solidly on track to deliver on our three-year growth and profit outlook,” said Balaji Krishnamurthy, incoming CFO. “With large and growing free cash flows, over the coming years we will invest with discipline across a multitude of opportunities, including positioning Uber to win in an AV future.”
Looking ahead to Q1 2026, Uber anticipates Gross Bookings of $52.0 billion to $53.5 billion, representing 17% to 21% YoY growth.
Company shares dropped 3% in premarket trading following the announcement.
By CEO NA Editorial Staff
