Uber posted $14.37 billion in sales, driven by a 19% surge in the ride-hailing segment and a 30% jump in delivery revenue|Elliott Brown|CC BY-SA 2.0
Uber delivered its fourth-quarter earnings report, beating revenue expectations. However, the company issued conservative profit guidance for 2026. Shares dipped 4% yesterday.
It posted $14.37 billion in sales, driven by a 19% surge in the ride-hailing segment and a 30% jump in delivery revenue.
Speaking to investors, CEO Dara Khosrowshahi said Uber’s delivery growth was highest in the Europe, Middle East, and Africa region.
He hailed the future of autonomous vehicles, projecting that Uber will be the world’s largest AV facilitator by 2029.
The company also announced a leadership shift, naming Balaji Krishnamurthy as the new CFO.
To sustain growth, Uber is doubling down on its Uber One membership program and integrating ChatGPT to help users discover new services and restaurants directly through the app.