Uber's first quarter 2025 earnings call reflected a strong performance with significant growth in audience, trips, and financial metrics like EBITDA and free cash flow. The successful launch of partnerships, particularly with Waymo, and the profitability in the delivery segment were significant positives. However, competitive pressures and ongoing challenges with insurance costs in the U.S. were notable concerns. Overall, the highlights significantly outweigh the lowlights.

Company Guidance -

Q2 2025

During Uber's first quarter 2025 earnings call, key guidance metrics highlighted include a 14% increase in monthly active consumers to 170 million and an 18% rise in trips, contributing to a record adjusted EBITDA of $1.9 billion, which marks a 35% year-on-year growth. Free cash flow also reached $2.3 billion. Gross bookings matched the 18% trip growth, with strength in both mobility and delivery sectors. The call emphasized Uber's strategic partnerships, including those with Waymo and Open Table, and the acquisition of Trendyol Go to boost future growth in Turkey. Looking ahead, Uber projected strong top-line growth and even stronger profitability growth for Q2, with expectations of significant performance in the seasonally stronger second half of the year.

Strong Growth in Key Metrics

Audience grew 14% to 170 million monthly active consumers, trips up 18%, retention rates at all-time highs globally, and gross bookings grew in line with trips. Record adjusted EBITDA of $1.9 billion, up 35% year-on-year, and free cash flow of $2.3 billion.

Waymo Partnership Success

Launch with Waymo in Austin with high utilization of nearly 100 cars. Waymos are busier than 99% of Austin drivers in terms of trips per day, with plans to increase vehicle count.

Delivery Business Profitability

Delivery margins at 3.7% EBITDA, up 70 basis points year-over-year, driven by advertising and operational leverage. Grocery and retail hit breakeven in Q4 of last year and now accretive.

International Expansion

Signed partnership with Open Table, Delta SkyMiles partnership, and announced acquisition of Trendyol Go for growth in Turkey.

Uber Technologies (UBER) Earnings, Revenues Date & History

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UBER Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	0.63 / -	0.47	―	―	―
May 07, 2025	2025 (Q1)	0.51 / 0.83	-0.32	359.37% (+1.15)
Feb 05, 2025	2024 (Q4)	0.50 / 3.21	0.66	386.36% (+2.55)
Oct 31, 2024	2024 (Q3)	0.38 / 1.20	0.1	1100.00% (+1.10)
Aug 06, 2024	2024 (Q2)	0.31 / 0.47	0.18	161.11% (+0.29)
May 08, 2024	2024 (Q1)	0.22 / -0.32	-0.08	-300.00% (-0.24)
Feb 07, 2024	2023 (Q4)	0.17 / 0.66	0.29	127.59% (+0.37)
Nov 07, 2023	2023 (Q3)	0.07 / 0.10	-0.61	116.39% (+0.71)
Aug 01, 2023	2023 (Q2)	-0.01 / 0.18	-1.33	113.53% (+1.51)
May 02, 2023	2023 (Q1)	-0.09 / -0.08	-3.04	97.37% (+2.96)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

UBER Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	$85.83	$83.65	-2.54%
Feb 05, 2025	$69.75	$64.48	-7.56%
Oct 31, 2024	$79.43	$72.05	-9.29%
Aug 06, 2024	$58.48	$64.87	+10.93%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.