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Here's What Key Metrics Tell Us About Uber (UBER) Q1 Earnings

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Uber Technologies (UBER - Free Report) reported $13.2 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 14.5%. EPS of $0.72 for the same period compares to $0.83 a year ago.

The reported revenue represents a surprise of -0.59% over the Zacks Consensus Estimate of $13.28 billion. With the consensus EPS estimate being $0.70, the EPS surprise was +2.56%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Uber performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Gross Bookings - Total: $53.72 billion versus $52.92 billion estimated by eight analysts on average.
  • Trips: 3,643 versus 3,656 estimated by six analysts on average.
  • Monthly Active Platform Consumers (MAPCs): 199 compared to the 198 average estimate based on six analysts.
  • Gross Bookings - Delivery: $25.99 billion versus $26.1 billion estimated by four analysts on average.
  • Gross Bookings - Mobility: $26.39 billion versus the four-analyst average estimate of $25.66 billion.
  • Geographic Revenue- United States and Canada: $7.13 billion versus the two-analyst average estimate of $6.87 billion. The reported number represents a year-over-year change of +14.6%.
  • Geographic Revenue- Asia Pacific: $1.68 billion compared to the $1.82 billion average estimate based on two analysts. The reported number represents a change of +31.4% year over year.
  • Geographic Revenue- Europe, Middle East and Africa: $3.42 billion versus $3.58 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3% change.
  • Geographic Revenue- Latin America: $978 million compared to the $873.65 million average estimate based on two analysts. The reported number represents a change of +36.4% year over year.
  • Revenue- Mobility: $6.8 billion versus the six-analyst average estimate of $6.99 billion. The reported number represents a year-over-year change of +4.7%.
  • Revenue- Freight: $1.34 billion versus the six-analyst average estimate of $1.27 billion. The reported number represents a year-over-year change of +6.1%.
  • Revenue- Delivery: $5.07 billion versus $4.93 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +34.2% change.

View all Key Company Metrics for Uber here>>>

Shares of Uber have returned +9.4% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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