Uber Q1 2026 revenue rises 14% to $13.2 billion; GAAP net income falls 85%
Uber reported first-quarter 2026 results, with revenue up 14% year-over-year to $13.2 billion and Non-GAAP EPS up 44% to $0.72. GAAP diluted EPS fell to $0.13 from $0.83 because of a $1.5 billion pre-tax net headwind from revaluations of its equity investments, and the company also gave Q2 2026 Gross Bookings and Non-GAAP EPS outlook ranges.
Key points
- Revenue rose 14% year-over-year to $13.2 billion; Gross Bookings rose 25% to $53.7 billion.
- GAAP net income attributable to Uber was $263 million, or $0.13 diluted EPS, versus $0.83 a year earlier, including a $1.5 billion pre-tax headwind from equity investment revaluations.
- Non-GAAP Operating Income rose 42% to $1.9 billion, and Non-GAAP EPS rose 44% to $0.72.
- For Q2 2026, Uber expects Gross Bookings of $56.25 billion to $57.75 billion and Non-GAAP EPS of $0.78 to $0.82.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.