NYSE$UBER

Uber Technologies Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Uber's Q1 2022 results showed significant growth in Gross Bookings and Revenue, driven by strong performance in Mobility and Delivery segments, but were impacted by losses from equity investments.

Uber's Q1 2022 saw substantial revenue growth, significantly outpacing Gross Bookings growth, primarily due to the acquisition of Transplace by Freight, a change in the business model for our UK Mobility business, and an easier comparison in Q1 2021 due to the accrual for historical claims in the UK. However, the company reported a net loss of $5.9 billion, heavily impacted by losses related to equity investments.

  • Gross Bookings increased by 35% year-over-year to $26.4 billion.
  • Revenue grew by 136% year-over-year to $6.9 billion.
  • Net loss attributable to Uber Technologies, Inc. was $5.9 billion, including a $5.6 billion headwind from equity investments.
  • Adjusted EBITDA was $168 million, a $527 million increase year-over-year.

Headline financials

Total Revenue

$6.85B

Previous: $2.9B+136.1%
EPS (adj)

-$0.18

Previous: -$0.06-200.0%
MAPCs

115.0M

Previous: 98.0M+17.3%
Trips

1.7B

Previous: 1.4B+18.4%
Capital Expenditures

-$62M

Previous: -$71M+12.7%
Free Cash Flow

-$5.99B

Previous: -$179M-3247.5%
Net Income

-$5.93B

Previous: -$108M-5390.7%
Operating Income

-$482M

Previous: -$1.52B+68.4%
Gross Profit

$2.83B

Previous: $1.19B+137.0%
Cash & Equivalents

$4.18B

Previous: $4.84B-13.5%
Total Assets

$32.8B

Previous: $34.7B-5.3%
Stock-Based Comp

$359M

Previous: $281M+27.8%

Revenue & EPS history

Uber · Revenue · Quarterly

$6.85B

Q1 2022+136.1%vs Q1 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

For Q2 2022, Uber anticipates Gross Bookings of $28.5 billion to $29.5 billion and Adjusted EBITDA of $240 million to $270 million.

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 2022

Historical avgQ1 2022

+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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