Uber Q4 EPS Misses Estimates at $0.71, Guides Q1 $52–53.5B in Bookings
Uber reported Q4 EPS of $0.71 versus $0.79 expected and revenue of $14.3 billion, up 20.1% year over year. Management guided Q1 gross bookings of $52 billion to $53.5 billion (17–21% growth) and announced Balaji Krishnamurthy as its new CFO.
1. Q4 Earnings Performance
Uber’s fourth-quarter 2025 EPS came in at $0.71, missing the consensus by 8 cents, while revenue reached $14.3 billion, slightly above the $14.2 billion estimate and 20.1% higher year over year. Gross bookings surged 22% to $54.1 billion driven by 19% growth in Mobility bookings and 26% growth in Delivery bookings.
2. Segment Growth Drivers
The Mobility segment generated $8.2 billion in revenue (+19% reported, +18% constant currency) with gross bookings of $27.4 billion. Delivery revenue rose 29% on a constant currency basis and gross bookings reached $25.4 billion, supported by 202 million monthly active users and 3.75 billion trips.
3. Guidance and Leadership Change
Uber guided first-quarter gross bookings to $52 billion–$53.5 billion, implying 17–21% growth on a constant currency basis, and projected EPS of $0.65–$0.72. The company also appointed Balaji Krishnamurthy as CFO effective February 16, signaling continued investment in autonomous vehicle initiatives.
4. Financial Metrics and Valuation
Adjusted EBITDA climbed 35% to $8.7 billion and free cash flow jumped 42% to $9.8 billion, underscoring robust cash generation. At a forward P/E of 20.4x, Uber trades below its industry average, with ongoing strategic investments balancing near-term margin pressures.