Uber (UBER) Q1 Revenue Tops Views

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Uber Announces Results for First Quarter 2023

May 2, 2023 6:55 AM EDT

Gross Bookings grew 19% year-over-year and 22% year-over-year on a constant currency basis
Mobility and Delivery Adjusted EBITDA margins at all-time quarterly highs
Operating cash flow of $606 million; Record free cash flow of $549 million

SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended March 31, 2023.

Financial Highlights for First Quarter 2023

Gross Bookings grew 19% year-over-year (YoY) to $31.4 billion, or 22% on a constant currency basis, with Mobility Gross Bookings of $15.0 billion (+40% YoY or +43% YoY constant currency)... More