According to SEC 8-K filing, Uber posted Q1 2026 gross bookings of $53.7 billion, demonstrating growth that exceeded market consensus.
📊 Price at article publication (May 6, 2026, 21:01 KST)
$72.95 ▼ -1.33%
~₩105,632 (FX rate 1448)
Q1 Results at a Glance
Uber's Q1 revenue reached $13.2 billion, up 14% year-over-year. However, net income came in at $263 million due to a non-cash valuation loss of $1.5 billion on equity holdings (no actual sale occurred). Excluding this mark-to-market adjustment, adjusted profitability improved significantly.
- Revenue: $13.2 billion, +14% YoY
- Gross Bookings (total customer spend): $53.7 billion, +25% YoY
- GAAP EPS: $0.13 vs. $0.83 prior year — impacted by $1.5B non-cash investment mark-down
- Adjusted EPS: $0.72, +44% YoY
- GAAP Operating Income: $1.923 billion, +57% YoY
- Adjusted Operating Income (EBITDA basis): $2.481 billion, +33% YoY
- Operating Cash Flow: $2.351 billion
- Free Cash Flow (after capex): $2.286 billion
- Cash & Short-term Investments: $6.1 billion
Q2 Outlook
Uber projects Q2 2026 gross bookings of $56.25 billion to $57.75 billion, representing 18–22% constant-currency growth year-over-year. Adjusted EPS is guided at $0.78–$0.82, implying 31–38% growth versus the prior year quarter. CFO Balaaji Krishnamurthy noted that gross bookings have grown 21%+ for three consecutive quarters, with earnings growth exceeding revenue growth by more than 2x.
Market Reaction
Uber shares surged 8.3% intraday following the earnings release, driven by beats on adjusted EPS and gross bookings, though some reports noted revenue came in slightly below consensus. As of May 6, 2026 at 21:01 KST, shares traded at $72.95, down 1.33% from the previous close. CEO Dara Khosrowshahi highlighted that Uber One membership exceeded 50 million subscribers, who now account for approximately half of mobility and delivery gross bookings.
Segment Performance
- Mobility: Gross bookings $26.4 billion (+25% YoY) / Revenue $6.8 billion (+5%) / Segment operating income $2.029 billion (+28%)
- Delivery: Gross bookings $26.0 billion (+28% YoY) / Revenue $5.07 billion (+34%) / Segment operating income $961 million (+43%)
- Freight: Gross bookings $1.334 billion (+6% YoY) / Revenue $1.337 billion (+6%) / Segment operating loss $30 million (vs. $25M loss prior year)
This article was auto-generated from the SEC 8-K filing and external news sources to provide rapid dissemination of key financial data. Investors are encouraged to review official company disclosures before making trading decisions. Prices reflect the time of publication and may differ from current levels.
