Uber Technologies, Inc.: Beat — EPS $0.88, Revenue $14.77B
Earnings BeatQ3 2026 · Pre-market
Did Uber Technologies, Inc. (UBER) beat earnings today?
Yes, Uber Technologies, Inc. (UBER) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+1.15% surprise
$0.88Actual
Expected: $0.87
vs. year ago +35.0%
Total Revenue+0.65% surprise
$14.77BActual
Expected: $14.67B
vs. year ago +10.0%
Released Nov 04 · 6:55 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $14.77B | $13.47B | +10.0 |
| Revenue detail — reported lines | |||
| └─Mobility | $7.52B | $7.68B | -2.0 |
| └─Delivery | $5.49B | $4.48B | +23.0 |
| └─Freight | $1.76B | $1.31B | +34.0 |
| Net income attributable to Uber Technologies, Inc. | $512.00M | $6.63B | -92.0 |
| GAAP Basic EPS | $0.25 | $3.18 | -92.1 |
| GAAP Diluted EPS | $0.25 | $3.11 | -92.0 |
| Non-GAAP EPS | $0.88 | $0.65 | +35.0 |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | |
|---|---|---|
| Guidance | Expected | |
| Gross Bookings | $63.25B-$65.25B (+18-22% YoY constant currency | — |
| Reported YoY Growth | ~1 percentage-point currency headwind | — |
| Non-GAAP EPS | $0.95-$0.99 (+34-39% YoY | $0.97In-Line |
| Adjusted EBITDA | $3.13B-$3.23B | — |
Q4 2026 Outlook
- Gross Bookings
- Guidance$63.25B-$65.25B(+18-22% YoY constant currencyExpected—
- Reported YoY Growth
- Guidance~1 percentage-point currency headwindExpected—
- Non-GAAP EPS
- Guidance$0.95-$0.99(+34-39% YoYExpected$0.97In-Line
- Adjusted EBITDA
- Guidance$3.13B-$3.23BExpected—
Business Highlights
- ➤Reported record audience and consumer engagement across the platform.
- ➤Investing to expand Mobility supply and build on Delivery momentum.
- ➤Focusing autonomous efforts on commercial execution.
- ➤Expected approximately 700 fully driverless vehicles on Uber by year-end.
- ➤Expected more than 2,000 fully driverless vehicles on Uber in 2027.
- ➤Repurchased $750M of common stock during the quarter.
- ➤Completed $902M of business acquisitions, net of cash acquired.
- ➤Uber’s platform has supported more than 83 billion trips since 2010.
Management Commentary
Dara Khosrowshahi, CEO
“Uber delivered its fifth consecutive quarter of 20%+ Gross Bookings growth, driven by record audience and consumer engagement.”
Dara Khosrowshahi, CEO
“We’re investing from a position of strength to expand Mobility supply, build on Delivery’s momentum, and deepen engagement across our platform. Our focus on autonomous is now on commercial execution, with approximately 700 fully driverless vehicles expected on Uber by year-end and over 2,000 in 2027.”
Balaji Krishnamurthy, CFO
“Uber continues to translate strong growth into expanding profitability, with Non-GAAP Operating Income margins reaching a record 3.9% of Gross Bookings and Non-GAAP EPS growing 35%.”
Balaji Krishnamurthy, CFO
“Our Q4 outlook reinforces our confidence in the durability of our financial model as we enter 2027. We remain disciplined in capital allocation, maintaining a high bar for investments in our core businesses and autonomy to drive Uber’s next phase of growth.”