Uber Exceeds Q3 Expectations, Reaches Record Revenue and Profitability

Uber Technologies Inc. (NYSE: UBER) delivered a strong third-quarter performance in 2025, surpassing market expectations and showcasing continued growth. The company’s revenue reached $13.5 billion, exceeding the estimated $13.26 billion, signaling a significant increase of 20% year-over-year. This growth was driven by a robust 21% expansion in gross bookings to $49.7 billion. Notably, Uber’s net income jumped to $6.6 billion, boosted by a tax valuation release of $4.9 billion, along with an impressive increase in operational profit and adjusted EBITDA. 3.5 billion trips marked a substantial 22% year-over-year rise, driven by increasing Monthly Active Platform Consumers (MAPCs) and higher monthly trips per MAPC. This performance was accompanied by strong cash generation abilities, with operating and free cash flow totaling $2.3 billion and $2.2 billion respectively.