Listen to the Executive Summary
11:00 audio digest • Perfect for your commute
TL
TL;DR
›Strong Q3 performance with $49.7B gross bookings (+21% YoY) and $2.3B Adjusted EBITDA (+33% YoY)
›Strategic NVIDIA partnership launched to scale autonomous vehicle deployment globally
›Grocery & Retail expansion driving platform growth with ~$12B run-rate and 27% frequency increase
›Mobility segment delivering $2.0B Adjusted EBITDA at 8.1% margin, Delivery at $921M with 3.9% margin
Key Takeaways
1
Platform growth accelerating with 189M MAPCs (+17% YoY) and 6.2 monthly trips per user (+4% YoY)
2
NVIDIA partnership positions Uber to scale autonomous vehicles through joint AI platform and data factory
3
Grocery & Retail expanding addressable market from $2T to $12T with strong early traction
4
Strong cash generation with $8.7B TTM free cash flow (107% of Adjusted EBITDA)
5
Net income of $6.6B in Q3 including $4.0B tax benefit
Financial Performance
- - Q3 2025 gross bookings of $49.7B (+21% YoY constant currency)
- - Revenue of $13.5B (+19% YoY constant currency)
- - Adjusted EBITDA of $2.3B (+33% YoY) with 4.5% margin
- - Net income of $6.6B including $4.0B tax benefit
- - TTM free cash flow of $8.7B with 107% conversion rate
Related slides
Strategic Initiatives
- - NVIDIA partnership for autonomous vehicle scaling with joint AI platform development
- - Grocery & Retail expansion targeting ~$10T addressable market vs current ~$2T food delivery
- - G&R driving 7% of new Delivery users and increasing platform frequency by 27%
- - Six strategic focus areas: Experience, Hybrid Future, Local Commerce, Multiple Gigs, Merchant Growth, Generative AI
Related slides
Segment Performance
- - Mobility: $25.1B gross bookings (+19% YoY), $7.7B revenue, $2.0B Adjusted EBITDA (8.1% margin)
- - Delivery: $23.3B gross bookings (+24% YoY), $4.5B revenue, $921M Adjusted EBITDA (3.9% margin)
- - Freight: $1.3B revenue (flat YoY), $(20)M Adjusted EBITDA (-1.5% margin)
Related slides
Platform Metrics
- - 189M Monthly Active Platform Consumers (+17% YoY)
- - 6.2 monthly trips per consumer (+4% YoY frequency)
- - Total quarterly trips of 3.5B (+22% YoY)
- - G&R achieving ~$12B gross bookings run-rate
Related slides
Ready to try it with your own deck?
Upload your deck