Uber(US:UBER) Hua Er Jie Jian Wen·2026-02-04 13:18Core Insights - Uber's Q4 earnings report shows strong growth in total bookings but raises concerns due to weak profit guidance and a significant drop in net income [1][2] Financial Performance - In Q4, Uber reported a net income of $296 million, a drastic decline of 96% year-over-year [1] - The company expects adjusted earnings per share for the current quarter to be between $0.65 and $0.72, below the analyst consensus of $0.77 [1] - Total bookings for Q4 reached $54.1 billion, a 22% year-over-year increase, surpassing analyst expectations [3] Strategic Developments - Uber appointed Balaji Krishnamurthy as the new CFO, a proponent of autonomous driving technology, signaling a strategic focus on the Robotaxi business [1][4] - The company plans to expand its Robotaxi services to new markets, including Houston, Hong Kong, Madrid, and Zurich, with a goal of launching in over 10 markets globally in the coming years [6] Market Positioning - CEO Dara Khosrowshahi highlighted a healthier pricing environment due to lower insurance costs and new product launches, which could support revenue growth and margin expansion [2] - Uber's core business remains robust, with strong performance in its delivery segment during the holiday season, capturing market share from competitors [3] Competitive Landscape - Uber refuted claims that autonomous driving technology would negatively impact its business, asserting that Robotaxi services could stimulate overall growth in the ride-hailing industry [6] - The company emphasized the advantages of human drivers in situations where autonomous vehicles may face challenges, ensuring customer experience during disruptions [6]