Logo ofUber
Uber Technologies Inc. reported fourth-quarter revenue that surpassed expectations but cautioned that a strong US dollar could negatively impact its business in the first quarter of 2025.
In a statement released today, Feb. 5, CEO Dara Khosrowshahi said that the Q4 results highlight the company’s ability to sustain consistent growth at scale, with driver earnings of $16.6 billion continuing to outpace total revenue growth.
For Q1 2025, the ride-hailing company expects total bookings to range between $42 billion and $43.5 billion, incorporating an estimated 5.5% impact from the strong dollar.
Additionally, Uber anticipates a slight increase in US ride prices this year as insurance costs are passed on to riders.
Q4 2024 Financials
Item
Q4 2024
Q4 2023
Forecast
Change YoY (%)
Total Bookings ($ bln)
44.197
37.575
—
+18%
Revenue ($ bln)
11.959
9.936
11.77
+20%
Free Cash Flow ($ bln)
1.706
0.768
—
+122%
Operating Income ($ mln)
770
652
1,190
+18%
FY 2024 Financials
Item
FY 2024
FY 2023
Forecast
Change YoY (%)
Total Bookings ($ bln)
162.77
137.86
—
+18%
Revenue ($ bln)
43.978
37.281
—
+18%
Free Cash Flow ($ bln)
6.89
3.36
—
+105%
Operating Income ($ bln)
2.79
1.11
—
+152%
Logo ofUber
Uber Technologies Inc. reported fourth-quarter revenue that surpassed expectations but cautioned that a strong US dollar could negatively impact its business in the first quarter of 2025.
In a statement released today, Feb. 5, CEO Dara Khosrowshahi said that the Q4 results highlight the company’s ability to sustain consistent growth at scale, with driver earnings of $16.6 billion continuing to outpace total revenue growth.
For Q1 2025, the ride-hailing company expects total bookings to range between $42 billion and $43.5 billion, incorporating an estimated 5.5% impact from the strong dollar.
Additionally, Uber anticipates a slight increase in US ride prices this year as insurance costs are passed on to riders.
Q4 2024 Financials
Item
Q4 2024
Q4 2023
Forecast
Change YoY (%)
Total Bookings ($ bln)
44.197
37.575
—
+18%
Revenue ($ bln)
11.959
9.936
11.77
+20%
Free Cash Flow ($ bln)
1.706
0.768
—
+122%
Operating Income ($ mln)
770
652
1,190
+18%
FY 2024 Financials
Item
FY 2024
FY 2023
Forecast
Change YoY (%)
Total Bookings ($ bln)
162.77
137.86
—
+18%
Revenue ($ bln)
43.978
37.281
—
+18%
Free Cash Flow ($ bln)
6.89
3.36
—
+105%
Operating Income ($ bln)
2.79
1.11
—
+152%
