Uber Technologies, the transportation and mobility platform, increased its net attributable profit fivefold in 2024, reaching 9,856 million dollars (9,466 million euros), compared to the 1,887 million recorded the previous year, representing a growth of 422.3%. Uber has been operating in Ibiza since November 2023 and since then has registered a remarkable growth in the number of vehicles, drivers and services.
Solid growth in all areas
The company’s annual turnover stood at 43.978 billion dollars (42.236 billion euros), 18% higher than in 2023. Gross bookings also increased by 18.1% to US$162,773 million (156,327 million euros), reflecting the growth of the business in all its divisions.
- Mobility (passenger transportation): US$6,911 million (‘6,637 million).
- Delivery (food and package delivery): 3,773 million dollars (3,624 million euros).
- Merchandise (logistics and freight forwarding): US$1.275 billion (1.225 billion euros).
The platform’s growth was accompanied by a 13.8% increase in operating costs, which reached 41,179 million dollars (39,548 million euros).
An exceptional fourth quarter
The last three months of 2024 were particularly positive for the company. Uber posted earnings of $6.883 billion (€6.61 billion) in the fourth quarter, representing growth of 381.7% year-on-year. Quarterly revenue rose 20.4% to $11.959 billion (€11.485 billion).
The future: autonomous vehicles and global expansion
Uber CEO Dara Khosrowshahi noted that the company’s results have been driven by “rapid innovation and execution in multiple areas, including the enormous opportunity represented by autonomous vehicles.”
Looking ahead to 2025, Uber expects its gross bookings to grow by 17% to 21%, which would equate to between $42 billion and $43.5 billion (€40.337 billion and €41.777 billion) in the first quarter of the year.
With these figures, Uber reinforces its commitment to transport automation, the optimization of its delivery platform and the expansion of its logistics services, consolidating its position as a leader in the sector.
