Uber reports Q1 revenue up 14% YoY to $13.2B vs. $13.3B est., gross bookings up 25% to $53.7B vs. $52.9B est., forecasts Q2 bookings above est.; UBER jumps 8.5%
Ride-hailing company posts weaker than expected first-quarter revenues but issues optimistic outlook
Financial Times
Related Coverage
- Uber Announces Results for First Quarter 2026 Uber
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- Uber shares surge as strong forecast signals robust ride hailing and delivery demand The Independent · Paul Farrell
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- Strong Q1 Revenue And Earnings Performance Benzinga · Anusuya Lahiri
- Uber beats on bookings outlook in sign of growing US demand Mercury News
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- Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company. The Next Web · Alina Maria Stan
- Uber expands into hotel reservations to build engagement, loyalty Customer Experience News · Kristen Doerer
Discussion
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@natlungfy
Natalie Lung
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NEW: Uber provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East https://www.bloomberg.com/...
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@ariaradnia
@ariaradnia
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There's now 50M Uber one memembers, up 50% YoY Approximately 1 out of every 5 eligible customer is an $UBER One member [image]
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@_balaji_km
Balaji Krishnamurthy
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.@Uber Q1'26 earnings are out — we're off to an exceptional start to 2026: ✅Third straight quarter of 21%+ Gross Bookings growth ✅Non-GAAP EPS up 44% to $0.72 ✅Nearly $10B of TTM Free Cash Flow — a record high 🥇Membership joined the 50/50 club — 50M members, 50% Gross [image]
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@rebeccatinucci
Rebecca Tinucci
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@Uber just posted strong Q1 earnings 💪and there's a lot to feel good about @UberFreight, too We outperformed on gross bookings - returning to growth for the 1st time in 2 years, to quote @dkhos - and maintained cost discipline in a market that was working against our margins.
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@ariaradnia
@ariaradnia
on x
$UBER now has 1.4M merchants on Uber Eats globally Unreal. [image]