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Sep 30, 2021
Uber Q3 2021 Earnings Report
Gross Bookings reached an all-time high, and the company achieved its first Adjusted EBITDA profitable quarter as a public company.
Key Takeaways
Uber Technologies, Inc. announced financial results for Q3 2021, featuring a 57% year-over-year growth in Gross Bookings to $23.1 billion. The company reported a net loss of $2.4 billion, which includes a $2.0 billion net headwind from revaluation of Uber’s equity investments. However, Uber achieved its first Adjusted EBITDA profitable quarter as a public company, with an Adjusted EBITDA of $8 million.
Gross Bookings grew 57% year-over-year to $23.1 billion.
Revenue increased by 72% year-over-year to $4.8 billion.
Uber reached its first Adjusted EBITDA profitable quarter as a public company, reporting $8 million.
Mobility Gross Bookings increased 67% year-over-year, while Delivery Gross Bookings grew 50% year-over-year.
Revenue by Segment
Forward Guidance
For Q4 2021, Uber anticipates Gross Bookings of $25 billion to $26 billion and Adjusted EBITDA of $25 million to $75 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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