Uber Freight’s revenue and gross bookings remained flat in the fourth quarter, underperforming compared to other segments. Despite this, the freight business achieved breakeven profitability for the first time in over three years. Uber’s overall platform saw record profits, with total gross bookings up 22% year over year to $54.1 billion.
Uber executives pointed to autonomous vehicles as a potential long-term solution to reshape the economics of the freight unit. CEO Dara Khosrowshahi highlighted autonomous vehicles as a significant growth opportunity that could increase vehicle utilization and lower costs over time. The integration of freight and delivery into Uber’s logistics ecosystem could benefit from autonomous technology scaling.
Uber Freight’s operating loss narrowed in the fourth quarter to $18 million, reflecting cost controls and operational improvements. Despite this, the segment remains less profitable than Uber’s core businesses. Uber did not provide segment-specific outlooks for freight but emphasized continued investment discipline and efficiency across the platform for 2026.
Read more at Yahoo Finance: Uber Freight posts flat Q4 results, as broader platform posts record profits
