Uber Technologies delivered strong Q1 results, with 14.5% revenue growth and robust delivery segment performance. Delivery revenue surged 34% y/y, offsetting weaker Mobility and Freight growth, positioning Delivery as a future primary driver. Profitability improved notably, with adjusted EBITDA up 33% to $2.5B and adjusted operating margin reaching 14.3%.
Of everything Uber (NYSE:UBER | UBER Price Prediction) said in its Q1 report yesterday, the real story is that Uber One has crossed 50 million members, and those members now drive half of Gross Bookings across Mobility and Delivery.
After years of hints and preparation, the Uber-backed electric bike and scooter rental startup Lime has filed for an initial public offering.
Since its public debut in May 2019, Uber Technologies NYSE: UBER has seen its fair share of ups and downs. But since hitting its five-year low in June 2022, the stock has provided shareholders with a nearly 242% gain.
Uber's Q1 headline told one story — a revenue miss. The actual print told a completely different one, and knowing the difference matters more than the stock move. Beneath the surface, three structural forces are compounding simultaneously in ways that most investors following the top-line narrative will miss entirely. The DCF math is now cleaner than it was three months ago, and the bear case has a floor that makes the risk/reward unusually one-sided at today's price.
Wall Street delivered a split verdict on Uber Technologies (NYSE:UBER | UBER Price Prediction) following the company's Q1 2026 earnings report on May 6.
The headline numbers for Uber (UBER) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Uber Technologies Inc (NYSE:UBER, XETRA:UT8) posted one of its most operationally convincing quarters in years this week, yet the results did little to resolve a question that has hung over the stock for much of the past 12 months: whether the ride-hailing and delivery giant can translate genuine business momentum into a share price that reflects it. First-quarter gross bookings of $53.7 billion, up 25% year-on-year, came in ahead of analyst expectations, and the company's 50 million Uber One subscribers, its loyalty programme, represent a milestone that speaks to deepening customer engagement across both its mobility and delivery arms.
Uber posts a Q1 EPS beat as revenues increase 14% y/y, with Delivery up 34% and total gross bookings topping guidance.
UBER expands Uber Eats grocery delivery with Ahold Delhaize USA, adding nearly 2,000 Northeast/Mid-Atlantic stores, promos, Uber One perks and SNAP/EBT.
Shares of Uber Technologies Inc (NYSE:UBER, XETRA:UT8) jumped 8.4% on Wednesday after the ride-hailing and delivery giant reported first-quarter results that beat earnings expectations and issued second-quarter guidance above consensus estimates. Uber posted first-quarter revenue of $13.2 billion, up 14% year-over-year, slightly below analyst estimates of $13.31 billion.
The shares of Uber Technologies Inc (NYSE:UBER) are 8.1% higher to trade at $78.87 at last glance, brushing off first-quarter revenue that came in slightly below estimates after the rideshare giant announced an upbeat current-quarter outlook.