Uber Q4 Revenue Up 20% as $100M Charger Initiative Scales Robotaxi Fleet
Uber posted Q4 revenue of $14.37 billion, a 20% increase, though adjusted EPS of $0.71 trailed estimates. It is investing over $100 million to install high-speed DC chargers at autonomous depots in the Bay Area, Los Angeles and Dallas to support its robotaxi fleet.
1. Q4 Financial Highlights
In the fiscal fourth quarter, Uber reported revenue of $14.37 billion, marking a 20% year-over-year increase. Adjusted EPS came in at $0.71, below consensus forecasts, while mobility revenue rose 19% to $8.20 billion and delivery revenue grew 30% to $4.89 billion.
2. $100M Charger Infrastructure Plan
Uber is dedicating over $100 million to build high-speed DC fast charging hubs at its autonomous vehicle depots and select pit-stop locations. The first phase targets the Bay Area, Los Angeles and Dallas, with plans to expand to additional priority cities.
3. Charging Partnerships and Coverage
To accelerate rollout, Uber has signed utilization guarantee agreements with operators including EVgo in major US cities, Electra in Paris and Madrid, and Hubber and Ionity in London. These collaborations ensure charger availability and cost-sharing across key markets.
4. Robotaxi Service Expansion
Uber’s robotaxi services are available in four US cities and in Dubai, Abu Dhabi and Riyadh via partnerships with Waymo and WeRide. The new charging network underpins the company’s strategy to scale autonomous rides and defend market share against rivals.