UBER Reports Q3 2025 Revenue of $13.47 Billion, Exceeding Analyst Estimates with Strong Profit Growth

Uber (UBER.US) announced strong financial results for the third quarter of 2025, with revenue reaching $13.47 billion, marking a 20% increase year-over-year. This performance surpassed analyst estimates of $13.28 billion. Net income attributable to Uber Technologies, Inc. soared to $6.63 billion for the quarter, reflecting a substantial 154% increase compared to the same period in 2024. Diluted EPS for the quarter was $3.11, significantly exceeding the analyst estimate of $0.69.

Key Business Drivers

The impressive revenue growth was primarily driven by a 21% increase in Gross Bookings year-over-year on a constant currency basis, propelled by significant growth in Mobility and Delivery Trip volumes. Monthly Active Platform Consumers (MAPCs) also saw a robust increase of 17%, reaching 189 million users.

Mobility Gross Bookings increased by 19% year-over-year on a constant currency basis, while Delivery Gross Bookings surged by 24% on a constant currency basis. These increases highlight the continued strong demand across Uber's core platforms and effective engagement with its user base.

Profitability and Operational Efficiency

Adjusted EBITDA for the third quarter of 2025 reached $2.26 billion, an increase of 33% compared to the same period last year. This growth was fueled by strong performances in both Mobility and Delivery segments, which saw Adjusted EBITDA increase by $356 million and $293 million, respectively. The company also benefited from a $4.9 billion valuation allowance release on its Netherlands' deferred tax assets and a $1.5 billion unrealized gain on debt and equity securities, contributing significantly to the net income.

Balance Sheet and Shareholder Returns

Uber ended the quarter with a solid financial position, holding $9.1 billion in unrestricted cash, cash equivalents, and short-term investments. The company also actively returned value to shareholders, repurchasing 15.7 million shares of common stock for $1.5 billion during the quarter. Furthermore, the board authorized an additional $20.0 billion for its Share Repurchase Program, bringing the total authorization to $27.0 billion.