| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 13.2K | 14.5% |
| Total Income | 13.2K | 14.5% |
| Expenditure | 11.3K | 9.5% |
| PBT | 496.00 | 64.2% |
| Net Profit | 263.00 | 85.2% |
| OPM | 14.56% | 3.92pp |
| NPM | 1.99% | 13.41pp |
| EPS | 0.13 | 84.7% |
Uber Reports Q1 2026: Gross Bookings Up 25% YoY to $53.7 Billion
06 May 2026 · 6 May, 4:32 pm
Summary
Uber Technologies, Inc. announced financial results for the quarter ended March 31, 2026. Gross Bookings grew 25% year-over-year to $53.7 billion. Revenue increased by 14% year-over-year to $13.2 billion. GAAP Income from operations grew 57% year-over-year to $1.9 billion. For Q2 2026, the company anticipates Gross Bookings of $56.25 billion to $57.75 billion, representing growth of 18% to 22% year-over-year on a constant-currency basis.
Key Highlights
- 1
Trips during the quarter grew 20% year-over-year to 3.6 billion, driven by Monthly Active Platform Consumers growth of 17% year-over-year.
- 2
Gross Bookings grew 25% year-over-year to $53.7 billion, and 21% on a constant currency basis.
- 3
Revenue grew 14% year-over-year to $13.2 billion, or 10% on a constant currency basis.
- 4
GAAP Income from operations grew 57% year-over-year to $1.9 billion.
- 5
Adjusted EBITDA grew 33% year-over-year to $2.5 billion, with Adjusted EBITDA margin as a percentage of Gross Bookings at 4.6%.
- 6
Non-GAAP EPS grew 44% year-over-year to $0.72.
- 7
For Q2 2026, Uber anticipates Gross Bookings of $56.25 billion to $57.75 billion, representing growth of 18% to 22% year-over-year on a constant-currency basis.
Management Comments
Dara Khosrowshahi
“As we highlighted at GO-GET, from innovative travel integrations to new ways to shop, we’re continuing to deepen the role Uber plays in daily life," said Dara Khosrowshahi, CEO. “Reaching 50 million Uber One members is an exciting milestone as we execute against our platform strategy, with members now driving half of our Gross Bookings across Mobility and Delivery.”
Balaji Krishnamurthy
“We are off to an exceptional start to 2026, with Gross Bookings growth exceeding 21% for the third consecutive quarter and earnings scaling at more than twice our topline,” said Balaji Krishnamurthy, CFO. "From this position of strength, we’re investing with conviction in the significant opportunities ahead, while taking a capital-efficient approach to AVs and embracing AI to drive growth and productivity."
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