Q1 2025 Uber Technologies Inc Earnings Call Transcript
Key Points
- Uber Technologies Inc (UBER) reported a 14% increase in monthly active consumers, reaching 170 million.
- The company achieved record adjusted EBITDA of $1.9 billion, up 35% year over year.
- Free cash flow reached $2.3 billion, indicating strong financial health.
- Uber Technologies Inc (UBER) launched a partnership with Waymo in Austin, showing high utilization of autonomous vehicles.
- The company announced several strategic partnerships and acquisitions, including with OpenTable and Trendyol Go, to enhance growth and service offerings.
- The competitive landscape remains intense, with strong competitors in both mobility and delivery sectors globally.
- Insurance costs, although moderating, continue to be a headwind, particularly in the US market.
- There is a mix shift towards more international trips, which affects overall price mix and gross bookings.
- The company faces challenges in expanding into less dense markets where car ownership is higher, potentially impacting frequency of use.
- Macro uncertainties, such as slower airport trips, could impact future growth, although no significant signals have been observed yet.
Hello, and welcome to the Uber first-quarter 2025 earnings conference call. (Operator Instructions)
I would now like to turn the conference over to Balaji Krishnamurthy, Vice President, Strategic Finance and Investor Relations. You may begin.
Thank you, operator. Thank you for joining us today and welcome to Uber's first-quarter 2025 earnings presentation. On the call today, we have Uber CEO, Dara Khosrowshahi; and CFO, Prashanth Mahendra-Rajah.
During today's call, we will present both GAAP and non-GAAP financial measures. Additional disclosures regarding these non-GAAP measures, including a reconciliation of GAAP to non-GAAP measures are included in the press release, supplemental slides, and our filings with the SEC, each of which is posted to investor.uber.com.
Certain statements in this presentation and on this call are forward-looking statements. You should not place undue reliance on forward-looking statements, and actual
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
