Uber Reports Strong Q1 Earnings, Stock Surges Amid Rising Revenue and Trips

Uber reported strong first-quarter results, with revenue reaching $13.2 billion and gross bookings jumping 25%. The company also provided better-than-expected guidance for Q2. The stock price surged in response to the upbeat earnings.

Uber Technologies announced its Q1 2026 results, which showed a significant increase in revenue and trips. According to, the company's revenue reached $13.2B, beating estimates despite 's report that UBER missed Q1 CY2026 Revenue Estimates, with the difference possibly due to the latter's specific reference to FactSet Est. noted that Uber Beats on Bookings Outlook in Sign of Growing US Demand. Gross bookings jumped 25% in the period.

The strong growth was accompanied by an increase in Q1 operating profit to 57%. The company's stock price surged as a result, despite 's claim that it missed Q1 CY2026 revenue estimates. However, Uber provided better-than-expected guidance for Q2, with and outlining the expected adjusted and non-GAAP EPS range for the coming quarter, respectively. According to and, Uber's Q1 revenue was up by 14% and $13.2B.

CEO Dara Khosrowshahi emphasized the company's focus on sustainable, long-term growth. Analysts were generally positive about the results, with pointing to the company's growth in trips and highlighting Uber's ability to meet bookings expectations despite Middle East challenges.

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