Filing Flows › Uber Technologies (UBER) › Q1 2026
Uber Technologies (UBER) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Uber Technologies (UBER) reported revenue of $13.2B for the first quarter 2026 (Q1 2026), +14% from a year earlier and -8% from the quarter before. Operating margin was 14.6%, net earnings $263M (2.0% of revenue).
Uber Technologies, Q1 2026: revenue $13.2B (+14% year over year), operating margin 14.6%, net earnings $263M, operating cash flow $2.4B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.2B | -8% | +14% |
| Operating profit | $1.9B | +8% | +57% |
| Net earnings | $263M | -11% | -85% |
| Operating cash flow | $2.4B | -18% | +1% |
| Free cash flow | $2.3B | — | +2% |
What changed
Revenue was $13.2B in Q1 2026, up 14% year over year and down 8% from the previous quarter.
Operating profit was $1.9B, a 14.6% margin (up 3.9 points year over year). Of the extra revenue versus Q1 2025, 42% reached operating profit, above the 11% margin then. Total costs grew 9% against revenue growth of 14%. The fastest-growing cost line was Sales & marketing (+25%). Net earnings were $0.26B, down 85% year over year. The effective tax rate was 40.8%.
Operating cash flow was $2.4B (up 1% year over year), 834% of net income including minority interests. Non-cash charges added back $0.18B of depreciation and amortization and $0.47B of share-based compensation. Working capital and other items added $1.4B. After purchases of property and equipment ($0.07B), free cash flow as the company reports it was $2.3B.
Questions
What was Uber Technologies' revenue in the first quarter 2026?
Uber Technologies (UBER) reported revenue of $13.2B for the first quarter 2026 (Q1 2026), +14% from a year earlier and -8% from the quarter before.
Was Uber Technologies profitable in the first quarter 2026?
Operating profit was $1.9B (14.6% of revenue) and net earnings $263M.
Source: Uber Technologies 10-Q on SEC EDGAR.