NYSE$UBER

Uber Technologies Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Uber's Q1 2021 results were announced, with gross bookings reaching an all-time high and improvements in adjusted EBITDA.

Uber's Q1 2021 showed significant growth in Gross Bookings, reaching an all-time high, driven by strong performance in the Delivery segment. The company reported a net loss, but Adjusted EBITDA improved year-over-year. Revenue was impacted by an accrual for the resolution of historical claims in the UK.

  • Gross Bookings reached an all-time high of $19.5 billion, up 24% year-over-year.
  • Delivery Gross Bookings grew by 166% year-over-year, reaching $12.5 billion.
  • Revenue was $2.9 billion, impacted by a $600 million accrual for UK claims.
  • Net loss was $(108) million, while Adjusted EBITDA improved to $(359) million.

Headline financials

Total Revenue

$2.9B

Previous: $3.54B-18.1%
EPS (adj)

-$0.06

Previous: -$1.70+96.5%
MAPCs

98.0M

Previous: 103.0M-4.9%
Trips

1.4B

Previous: 1.7B-12.7%
Capital Expenditures

-$71M

Previous: -$198M+64.1%
Free Cash Flow

-$179M

Previous: -$3.13B+94.3%
Net Income

-$108M

Previous: -$2.94B+96.3%
Operating Income

-$1.52B

Previous: -$1.26B-20.7%
Gross Profit

$1.19B

Previous: $1.76B-32.1%
Cash & Equivalents

$4.84B

Previous: $8.17B-40.8%
Total Assets

$34.7B

Previous: $30.1B+15.2%
Stock-Based Comp

$281M

Previous: $277M+1.4%

Revenue & EPS history

Uber · Revenue · Quarterly

$2.9B

Q1 2021-18.1%vs Q1 2020
Beat estimate in 6 of 12 quarters(50%)
ActualEstimate

Revenue by segment

Uber · $3.49B total across 3 segments · Q1 2020

  • Mobility
    $2.47B
  • Delivery
    $819M
  • Freight
    $199M

Forward guidance

Uber did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.8%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.0%

Avg return

30 days after

50%

17 / 34 earnings

Positive

+22.7%

Q2 2022

Best reaction

-13.9%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%+4.3%-2.9%
Q4 2025-7.2%-5.2%-3.6%
Q3 2025-6.3%-7.8%-8.8%
Q2 2025-0.2%+1.3%+1.8%
Q1 2025-1.8%+2.6%-0.3%
Q4 2024-7.6%+12.7%+9.3%
Q3 2024-7.8%-6.6%-9.4%
Q2 2024+12.1%+17.2%+21.8%
Q1 2024-3.5%-6.3%-1.6%
Q4 2023+1.6%-1.9%+11.7%
Q3 2023+2.8%+7.1%+26.7%
Q2 2023-5.1%-8.6%-4.5%
Q1 2023+15.6%+15.3%+17.5%
Q4 2022+2.8%-4.2%-10.9%
Q3 2022+8.4%+6.8%+6.7%
Q2 2022+22.7%+30.1%+17.6%
Q1 2022-9.0%-21.8%-18.1%
Q4 2021-1.5%-9.8%-19.8%
Q3 2021+3.2%-0.5%-21.6%
Q2 2021+0.7%+1.1%-5.8%
Q1 2021-12.0%-13.6%-5.3%
Q4 2020+1.8%+1.7%+1.2%
Q3 2020+9.5%+14.7%+33.8%
Q2 2020-0.9%-6.0%+0.1%
Q1 2020+17.9%+16.5%+33.8%
Q4 2017-2.5%-6.5%-24.9%
Q4 2019+10.4%+12.1%-13.9%
Q3 2018-13.3%-13.1%-7.8%
Q3 2019-10.7%-13.9%-7.4%
Q2 2018-13.9%-21.0%-25.9%
Q2 2019+0.9%-8.2%-19.7%
Q4 2018+9.1%+7.1%+7.2%
Q1 2018+9.1%+7.1%+7.2%
Q1 2019+1.2%+7.0%+16.1%
Q3 2017
Q2 2017
Q1 2017

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