Quarterly ResultMay 6, 2026, 07:02 AM
Uber Q1 Gross Bookings +25% to $53.7B; Non-GAAP EPS $0.72
AI Summary
Uber Technologies, Inc. announced strong financial results for the first quarter ended March 31, 2026. The company reported a 25% year-over-year increase in Gross Bookings to $53.7 billion and a 14% rise in Revenue to $13.2 billion. GAAP Income from operations surged 57% to $1.9 billion, while Non-GAAP EPS grew 44% to $0.72. For the second quarter of 2026, Uber anticipates Gross Bookings between $56.25 billion and $57.75 billion and Non-GAAP EPS of $0.78 to $0.82, reflecting continued growth.
Key Highlights
- Gross Bookings grew 25% YoY to $53.7 billion (21% constant currency).
- Revenue increased 14% YoY to $13.2 billion (10% constant currency).
- GAAP Income from operations rose 57% YoY to $1.9 billion.
- Non-GAAP Operating Income grew 42% YoY to $1.9 billion.
- Non-GAAP EPS increased 44% YoY to $0.72.
- Q2 2026 Gross Bookings outlook: $56.25B-$57.75B (18-22% YoY constant currency).
- Q2 2026 Non-GAAP EPS outlook: $0.78-$0.82 (31-38% YoY).