Uber Q1 earnings, Q2 guidance come in above Wall Street estimates
Uber reported earnings before the bell Wednesday.
Uber rose over 10% at one point in premarket trading Wednesday after earnings per share in the company’s first quarter beat analyst expectations, helping to offset a very slight revenue miss. For Q1, the company reported:
Adjusted EPS of $0.72, versus the FactSet analyst consensus of $0.69.
Revenue of $13.2 billion, compared with Wall Street’s $13.3 billion.
Bookings of $53.7 billion, versus the $52.8 billion analysts had forecast.
For the next quarter, Uber is forecasting adjusted EPS of $0.78 to $0.82, with the midpoint above the $0.78 that analysts had expected.
Uber has long been an asset-light entity, where contract drivers brought their own vehicles to Uber’s ride-hailing platform. That’s changed as the company, now at the center of the robotaxi era, has committed more than $10 billion to buying up robotaxi fleets and investing in the companies that make them. For context, Uber spent a total of $336 million in 2025 on capital expenditure.
On the earnings call, investors will be interested to hear how that spending affects Uber’s profits going forward.
