UBER Uber (UBER) Q4 FY24 earnings call
Uber delivered an accelerating Q4 FY24, driven by strong product innovation, record multiproduct usage, and significant growth in its Uber One membership program. The company exceeded all components of its 3-year outlook commitments for 2024, demonstrating robust top-line growth and profit expansion. Management remains confident in its ability to balance growth and profitability, while strategically investing in autonomous vehicle technology and geographic expansion.
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UBER operating KPIs by quarter
| KPI | This call Dec 2024 Q4 FY24 | Jun 2025 Q2 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|
| Paid subscription members | 30MIt was also a stellar few months for Uber One membership program, where we added 5 million members in the quarter, bringing our total member base to 30 million, up nearly 60% year-on-year.Source: earnings call transcript | 36MAnd then as you know, our membership program is a huge part of the platform with Uber One 36 million members, and these members spend 3x more.Source: earnings call transcript | — | 46MFourth for us is membership, 46 million members, growing faster than 50%.Source: earnings call transcript | 50M+We've now surpassed 50 million Uber 1 members and 10 million drivers and couriers globally, both important milestones that reflect strong customer loyalty an expanding number of order opportunities on our platform.Source: earnings call transcript | — |
| Drivers and couriers | — | <9MWe've got almost 9 million people who are earning on our platform, and they can earn in different ways other than driving or transporting things.Source: earnings call transcript | 9.4MThis is broadening earning opportunities for 9.4 million drivers and couriers, including new digital tasks powered by Uber AI solutions.Source: earnings call transcript | — | — | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.