How did Uber's Mobility segment perform in Q4 2024 compared to previous quarters?
3/30/2025 02:34pm
Uber's Mobility segment showed an improvement in revenue performance from Q3 to Q4 2024, as indicated by the increase in revenue growth rate from 1.05 to 1.07, respectively. Here's a detailed analysis:
1. **Q4 2024 Performance**:
- Uber's Mobility segment revenue for Q4 2024 was $11.96 billion.
- This represents a 1.07 times increase from the previous quarter, indicating a positive growth trend.
2. **Q3 2024 Performance**:
- In Q3 2024, the Mobility segment revenue was $11.19 billion.
- This showed a 1.05 times increase from the revenue in Q2 2024, suggesting a steady growth pattern.
3. **Q2 2024 Performance**:
- Revenue for Q2 2024 was $10.7 billion.
- This quarter showed a 1.06 times increase from the previous quarter, maintaining the growth trajectory.
4. **Q1 2024 Performance**:
- Revenue for Q1 2024 was $10.13 billion.
- The growth rate for this quarter was 1.02, which is slightly lower than the subsequent quarters, indicating a potential dip before the rebound in Q3.
The data indicates that Uber's Mobility segment experienced a steady improvement in revenue performance from Q1 2024 to Q4 2024, with the most significant increase observed from Q3 to Q4 2024, reflecting enhanced revenue growth dynamics and operational efficiency during this period.