Uber reports Q1 adjusted EPS 72c, consensus 69c

Reports Q1 revenue $13.2B, consensus $13.26B. Trips during the quarter grew 20% year-over-year to 3.6 billion, driven by Monthly Active Platform Consumers growth of 17% YoY and monthly Trips per MAPC growth of 3% YoY. “As we highlighted at GO-GET, from innovative travel integrations to new ways to shop, we’re continuing to deepen the role Uber (UBER) plays in daily life,” said Dara Khosrowshahi, CEO. “Reaching 50 million Uber One members is an exciting milestone as we execute against our platform strategy, with members now driving half of our Gross Bookings across Mobility and Delivery.” “We are off to an exceptional start to 2026, with Gross Bookings growth exceeding 21% for the third consecutive quarter and earnings scaling at more than twice our topline,” said Balaji Krishnamurthy, CFO. “From this position of strength, we’re investing with conviction in the significant opportunities ahead, while taking a capital-efficient approach to AVs and embracing AI to drive growth and productivity.”