Uber Technologies, Inc. earnings overview

UBER FY2026 Q1 · Calendar Q2 2026

Uber Technologies, Inc.

Uber's Q1 FY2026 results showed accelerating top-line momentum with gross bookings up 21% year-on-year and non-GAAP EPS rising 44%, beating the EPS consensus by 3.9% despite a slight 0.6% revenue miss. The quarter reinforced three structural growth engines: autonomous vehicle platform expansion (now 30+ partners targeting 15 cities by year-end), Uber One membership reaching 50 million members (up 50% YoY), and AI-driven productivity gains now contributing to roughly 10% of code commits. Insurance cost savings in the hundreds of millions are improving ride affordability and fueling trip growth, particularly in California. Management maintained guidance and returned a record $3 billion to shareholders through buybacks. The market reacted positively with an 8.5% move on the session, though the stock has since drifted approximately 8.8% lower. At $70.74, the stock sits well below the…