# Uber earnings: gross bookings up 20% to $59.8B, stock rises 7%

> Net income fell 92% to $512 million on an investment write-down, and Uber guided Q4 bookings to $63.25B to $65.25B.

URL: https://claudegpt.si/news/uber-q3-2026-earnings-gross-bookings  
Published: 2026-11-04T18:50:19.043Z  
Author: ClaudeGPT Si Newsroom  
Section: AI News  
Topics: Uber, Earnings, Tech stocks  
Publisher: ClaudeGPT Si

## Key takeaways

- Uber's Q3 gross bookings rose 20% to $59.8 billion and adjusted EBITDA rose 31% to $3.0 billion.
- GAAP net income fell 92% to $512 million, including a $476 million pre-tax loss on equity investments.
- Q4 gross bookings are guided to $63.25 billion to $65.25 billion; the stock was up 7.0% at $71.29 at 18:48 UTC.

Uber reported third-quarter 2026 results on November 4: gross bookings rose 20% to $59.8 billion, the fifth quarter in a row of growth above 20%, according to its [earnings release](https://www.sec.gov/Archives/edgar/data/0001543151/000154315126000039/uberq326earningspressrelea.htm). The stock rose about 7% on the day.

Gross bookings is the total value of rides, deliveries and freight booked on the platform, before Uber takes its cut. It is the number Uber's growth is usually judged by.

## The Q3 numbers

| Measure | Q3 2026 |
| --- | --- |
| Gross bookings | $59.8 billion, up 20% |
| Mobility bookings | $29.5 billion, up 18% |
| Delivery bookings | $28.5 billion, up 22% |
| Freight bookings | $1.8 billion, up 35% |
| Trips | 4.1 billion, up 16% |
| Monthly active platform consumers | 215 million, up 14% |
| Revenue | $14.8 billion, up 10% |
| Adjusted EBITDA | $3.0 billion, up 31%, or 5.0% of gross bookings |
| Non-GAAP earnings per share | $0.88, up 35% |
| Free cash flow | $2.5 billion |

Revenue grew more slowly than bookings because of business model changes, which Uber says took about 8 points off the growth rate.

## Net income fell 92%

GAAP net income was $512 million, down from $6.6 billion a year earlier. The release says Q3 included a $476 million pre-tax loss from revaluing equity investments. GAAP diluted earnings per share were $0.25.

## The Q4 outlook

Uber guided fourth-quarter gross bookings to $63.25 billion to $65.25 billion, which it says is 18% to 22% growth at constant currency. It expects adjusted EBITDA of $3.13 billion to $3.23 billion and non-GAAP earnings per share of $0.95 to $0.99.

## Self-driving cars

The release says Uber expects about 700 fully driverless vehicles on its platform by the end of 2026 and more than 2,000 in 2027, and that its autonomous work has moved to commercial execution.

## The stock

Uber traded at $71.29 at 18:48 UTC on November 4, up 7.0% on the session and 8.4% over five sessions, according to [Yahoo Finance](https://finance.yahoo.com/quote/UBER/). Datadog fell on the same day after [its own results](https://claudegpt.si/news/datadog-q3-2026-earnings-stock-falls).

## Sources

- [Uber Q3 2026 earnings press release (8-K)](https://www.sec.gov/Archives/edgar/data/0001543151/000154315126000039/uberq326earningspressrelea.htm), Uber via SEC
- [Uber Technologies, Inc. (UBER) quote](https://finance.yahoo.com/quote/UBER/), Yahoo Finance