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

Uber Technologies (UBER) 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.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.See Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks