Uber's Q3 2025 Earnings: Growth and Strong Fundamentals

Uber Technologies Inc. has reported a robust third quarter for 2025, showcasing its ability to blend innovation with efficient execution.

Impressive Growth Metrics

In what CEO Dara Khosrowshahi describes as an "outstanding quarter," Uber reported a 22% increase in trips compared to the previous year. This marks the fastest growth the company has seen since 2023. Mobility trips alone grew 21%, driven by record audience engagement, which rose by 17%.

Complementing this growth, gross bookings matured by 21% with average pricing remaining stable. The surge in bookings and trips translated into record adjusted EBITDA, underscoring Uber's proficiency in optimizing operational leverage while expanding its market share.

Strong Financial Performance

Uber's strategic endeavors were evident in its financial performance. The company managed to raise both its top line and bottom line significantly during this quarter, reflecting well on their strategic focus on cross-platform engagement and embracing technology across operations.

With substantial gains in adjusted EBITDA, Uber solidifies its position as a leader in both the mobility and delivery sectors. The company's pursuit of localized commerce, notably in grocery and retail, continues on a pronounced upward trajectory, now constituting a $12 billion gross bookings rate—a clear driver of future growth prospects.

This consistent upward trajectory in Uber’s core businesses demonstrates its resilience and capacity to leverage its global platform scale effectively. Enthusiastically touted by Khosrowshahi, these results lay a strong foundation for carrying the positive momentum into the subsequent quarter.