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Mar 31, 2024
Uber Q1 2024 Earnings Report
Uber's Q1 2024 results demonstrated consistent, profitable growth at scale.
Key Takeaways
Uber's Q1 2024 showed strong growth with a 20% increase in Gross Bookings and an 82% increase in Adjusted EBITDA year-over-year. The company generated $1.4 billion in free cash flow and saw a 15% increase in Monthly Active Platform Consumers.
Gross Bookings grew 20% year-over-year to $37.7 billion.
Revenue increased by 15% year-over-year to $10.1 billion.
Adjusted EBITDA reached $1.4 billion, an 82% increase year-over-year.
Free cash flow was $1.4 billion for the quarter.
Revenue by Segment
Forward Guidance
For Q2 2024, Uber anticipates Gross Bookings of $38.75 billion to $40.25 billion, representing 18% to 23% YoY growth on a constant currency basis, and Adjusted EBITDA of $1.45 billion to $1.53 billion, representing 58% to 67% YoY growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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