Uber 8-K

Summary

Q3 2026 results with Q4 guidance; President and Chief Corporate Affairs Officer Jill Hazelbaker will step down on 11/30/2026 for an external opportunity.

Gross Bookings—the total value of Mobility rides, Delivery orders and Freight—grew 20% Y/Y as record audience and consumer engagement drove usage; business-model changes reduced reported revenue growth by 8 percentage points.

Q4 Gross Bookings growth is guided to 18%-22% Y/Y on a constant-currency basis vs +20% in Q3; non-GAAP EPS growth is guided to 34%-39% Y/Y vs +35%. The outlook assumes an ≈1 percentage-point currency headwind to reported growth.

Developments

• Uber said its autonomous-vehicle focus is now on commercial execution.

Key Figures

• Delivery revenue rose 23% to $5.49B and Freight revenue rose 34% to $1.76B, offsetting a 2% decline in Mobility revenue to $7.52B. Mobility and Delivery segment operating income increased 27% to $2.36B and 30% to $1.06B, respectively.
• Trips, completed Mobility rides and Delivery orders, reached 4.06B, up 16% Y/Y. Monthly Active Platform Consumers (MAPCs), unique consumers who completed a Mobility ride or received a Delivery order in an average month, grew 14% to 215M; monthly Trips per MAPC increased 2%.
• The prior-year GAAP net income included a $4.9B tax valuation release and a $1.5B pre-tax net benefit from equity-investment revaluations; Q3 2026 included a $476M pre-tax net loss from those revaluations. Non-GAAP operating income excluded, among other items, $484M of legal, non-income tax and regulatory reserve changes and settlements, $186M of restructuring charges, and $82M of acquired-intangible amortization.
• Uber repurchased $750M of common stock, down 49% Y/Y; diluted weighted-average shares fell 3.5% to 2.05B. Unrestricted cash, cash equivalents and short-term investments were $10.1B at quarter-end; long-term debt, net of current portion, was $15.7B.

Against earlier guidance (derived from earlier filings)

Guidance