Ride-hailing company Uber Technologies Inc. presented via webcast its 2021 fourth quarter and full-year earnings report to investors recently, highlighting the company's earnings, which exceeded previously estimated revenues.

This growth showed to be consistent throughout Uber's delivery, freight and mobility sectors, Uber reported in a release. Uber reported a net income of $892 million, with gross bookings up 51% to $25.9 billion compared with the same period in 2020.

"Our results demonstrate just how far we've come since the beginning of the pandemic," Uber CEO Dara Khosrowshahi said in the webcast. "In Q4, more consumers were active on our platform than ever before, Delivery reached Adjusted (earnings before interest, taxes, depreciation and amortization) profitability, and Mobility Gross Bookings approached pre-pandemic levels. While the Omicron variant began to impact our business in late December, Mobility is already starting to bounce back, with Gross Bookings up 25% month-on-month in the most recent week."

The company also reported revenue growth of 83% to $5.8 billion compared with the same period in 2020, or 82% on a constant currency basis, Uber reported.

"Mobility Adjusted EBITDA of $575 million, up $282 million YoY. Mobility Adjusted EBITDA margin as a percentage of Mobility Gross Bookings was 5.1%, up from 4.3% in Q4 2020," according to the press release. "Delivery Adjusted EBITDA of $25 million, up $170 million YoY. Delivery Adjusted EBITDA margin as a percentage of Delivery Gross Bookings reached 0.2%, up from (1.4)% in Q4 2020."

Compared with the same period in 2020, the mobility sector's gross bookings experienced a 67% increase of $11.3 billion, delivery sector gross bookings ended the year with a 34% growth of $13.4 billion, and freight revenue grew 245% to $1.1 billion, Uber reported.

Trip numbers increased 23% from 1.4 billion in 2020's fourth quarter to 1.8 billion in 2021's fourth quarter, Uber reported. Drivers earned an aggregate of $9.5 billion during the quarter, with earnings up 56% compared with the same period in 2020.

Uber is estimating gross bookings of $25 billion to $26 billion and an adjusted EBITDA of $100 million to $130 million for the first quarter of this year, Uber reported.