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Uber, the American multinational technology company that operates a global digital mobility platform, closed the fourth quarter of last year with a net profit of US$296 million, according to data released this Wednesday (February 4th) by the company itself.

The result for the period between October and December 2025 represented a 96% drop compared to the fourth quarter of the previous year.

In the fourth quarter, Uber reported revenues of US$14.36 billion, a 20% year-over-year increase. According to the company's financial report, the number of trips grew by 22% during the period, reaching 3.8 billion.

The number of monthly active users on the platform, in turn, registered an 18% increase compared to the same period of the previous year, to 202 million.

According to Uber, adjusted net income was $0.71 per share in the last quarter of last year. This result fell short of market analysts' estimates, which were around $0.85.

For the first quarter of this year, Uber projects adjusted net income per share between $0.65 and $0.72.

For the full year 2025, Uber's net income totaled $10.05 billion, representing a 2% increase compared to 2024. Revenue was $52 billion, an 18% year-over-year increase.

In addition to releasing its quarterly results, Uber announced a change in the company's finance department.

The company's new chief financial officer will be Balaji Krishnamurthy, who will replace the current holder of the position, Prashanth Mahendra-Rajah. He will leave the post on February 16th.

The current Uber chief financial officer will remain with the company until July 1st, serving as a senior advisor in the finance area.

Yikes why the plummet in profits?

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