Dara Khosrowshahi, CEO of UBER, speaking connected CNBC's Squawk Box astatine the World Economic Forum successful Davos, Switzerland connected Jan. 22nd, 2026.
Oscar Molina | CNBC
Uber reported better-than-expected gross successful its fourth-quarter net study connected Wednesday. Shares sank premarket aft the release.
Here's however the institution did versus LSEG statement estimates for the play ended successful December:
- Earnings per share: 71 cents adjusted
- Revenue: $14.37 cardinal vs. $14.32 cardinal estimated
Revenue accrued from $12 cardinal a twelvemonth earlier, Uber said successful its net release. The mobility segment, its ride-hailing platform, generated gross of of $8.2 billion, up 19% from a twelvemonth ago, portion transportation gross climbed 30% to $4.9 billion.
Analysts were expecting mobility gross of $8.3 cardinal and transportation gross of $4.72 billion, according to StreetAccount.
Net income for the 4th was $296 million, which included a $1.6 cardinal "net pre-tax headwind from revaluations of our equity investments," the institution said. Net income a twelvemonth earlier was $6.88 billion.
Uber reported gross bookings of $54.1 cardinal for the quarter, topping the mean expert estimation of $53.1 billion, according to StreetAccount. Gross bookings for the archetypal 4th are expected to summation astatine slightest 17% from a twelvemonth earlier to betwixt $52 cardinal and $53.5 billion.
The company's strongest gross maturation for the 4th was successful its transportation business, which started with restaurants and present includes groceries and retail. Partnerships with OpenTable, Shopify, and store brands specified arsenic Loblaws successful Canada, Biedronka successful Poland, Seiyu successful Japan and Coles successful Australia helped thrust expansion.
Uber one-day banal chart
In prepared remarks up of the net call, CEO Dara Khosrowshahi said transportation maturation past twelvemonth was highest for Uber successful the Europe, Middle East and Africa region.
Uber's study lands during a clip of modulation for the ride-hail manufacture arsenic autonomous vehicles go much commonplace, particularly successful municipality markets.
Echoing a viewpoint helium shared a twelvemonth ago, Khosrowshahi said he's adjacent much convinced that "AVs volition unlock a multi-trillion dollar opportunity," adding that "autonomy fundamentally amplifies the strengths of our existing platform."
In Atlanta and Austin, Texas, wherever Uber offered autonomous rides successful 2025, wide travel maturation "significantly accelerated" adjacent for quality drivers, the institution said successful a shareholder deck. In San Francisco, wherever Uber doesn't yet person a robotaxi option, "the summation of AV proviso to the marketplace has grown the class overall," Khosrowshahi said.
Alphabet's Waymo has operated a driverless ride-hailing work via its ain app successful San Francisco since 2024. In immoderate markets, Waymo offers its robotaxi rides exclusively via the Uber app.
An Uber Eats container successful the Brooklyn borough of New York, US, connected Thursday, Jan. 15, 2026.
Michael Nagle | Bloomberg | Getty Images
By the extremity of 2026, Uber expects to beryllium facilitating AV trips successful up to 15 cities globally, divided betwixt the U.S. and different countries, Khosrowshahi said. "And by 2029, we mean to beryllium the largest facilitator of AV trips successful the world," helium added.
Forthcoming cities see Houston, Los Angeles and San Francisco, arsenic good arsenic London, Munich, Hong Kong, Zurich and Madrid.
But Khosrowshahi cautioned that "autonomous vehicles are apt to stay a precise tiny information of the rideshare class for galore years to come," fixed technological, regulatory and different hurdles to their broader adoption.
Uber is besides focused connected increasing its Uber One program, with members tending to publication much rides and bargain much items done Uber aft they subscribe. The institution is investing successful its advertizing concern arsenic well.
Playing into the surging popularity of generative artificial intelligence, Uber said it's moving to "expand find and scope caller customers," via integrations with ChatGPT, allowing users to "discover services and restaurants" earlier completing their checkouts.
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