TLDR
- Uber reported Q3 2025 profit of $6.63 billion, up 154% year-over-year.
- Revenue grew 20.4% to $13.47 billion, beating Street estimates.
- Trips increased 22% to 3.5 billion; bookings rose 21% to $49.7 billion.
- Q4 guidance projects $52.25–$53.75 billion in gross bookings.
- Shares fell 4.6% pre-market to $95.17 despite strong quarterly performance.
Uber Technologies, Inc. (NYSE: UBER) reported an impressive third-quarter performance on November 3, 2025, with shares closing at $99.72, up 3.34%, before slipping over 8% in pre-market trading to $91.
Uber Technologies, Inc., UBER
The ride-hailing giant posted a net profit of $6.63 billion, or $3.11 per share, marking a 154% increase from $2.61 billion, or $1.20 per share, a year ago.
The surge in profit was supported by a $4.9 billion tax valuation release and a $1.5 billion pre-tax benefit from equity investment revaluations. Analysts had expected adjusted earnings of $0.69 per share, excluding special items.
Uber Technologies, $UBER, Q3-25. Results:
📊 Adj. EPS: $0.80 🟢
💰 Revenue: $13.47B 🟢
📈 Net Income: $6.63B
🔎 Net income includes a $4.9B tax benefit; adjusted EPS came in at $0.80 amid record profitability and 3.5B trips. pic.twitter.com/jPb0l3AASM— EarningsTime (@Earnings_Time) November 4, 2025
Revenue rose 20.4% year-over-year to $13.47 billion, surpassing market expectations of $13.26 billion, driven by increased demand across both mobility and delivery segments.
Trip Volume and Bookings Reach New Highs
Uber recorded 3.5 billion trips in Q3, representing 22% growth from the same period last year. The number of Monthly Active Platform Consumers (MAPCs) increased 17%, while trips per MAPC rose 4%, underscoring consistent engagement across its platform.
Gross bookings climbed 21% year-over-year to $49.7 billion, with growth equally strong on a constant currency basis. CEO Dara Khosrowshahi attributed the performance to “one of the largest trip-volume increases in company history,” emphasizing Uber’s investment in AI and autonomy to enhance customer experience.
Strong Adjusted EBITDA and Outlook
Uber’s adjusted EBITDA reached $2.3 billion, reflecting a 33% year-over-year increase. The company projected Q4 adjusted EBITDA between $2.41 billion and $2.51 billion, implying growth of 31% to 36% from last year.
For the next quarter, Uber expects gross bookings between $52.25 billion and $53.75 billion, up 17% to 21% year-over-year, highlighting management’s confidence in sustained expansion across ride-hailing, delivery, and freight operations.
Long-Term Returns and Market Performance
Despite the near-term share dip, Uber’s long-term stock performance remains robust. As of November 3, 2025, Uber delivered a 65.3% year-to-date return, far outpacing the S&P 500’s 16.5%. Over three years, shares have surged 247%, while the five-year gain stands at 178.8%, reflecting strong investor confidence and consistent growth in core operations.
A Profitable Quarter Sets the Stage for Q4
Uber’s Q3 2025 results reaffirm its position as a global mobility leader, delivering record profit and strong revenue growth. The company’s focus on AI, efficiency, and local commerce expansion continues to drive performance. Despite an earnings beat, investor reaction remained cautious ahead of Q4, where management expects continued double-digit growth in both bookings and adjusted profitability.





