NYSE$UBER

Uber Technologies Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced results for the fourth quarter and full year 2021, with gross bookings up 51% and Delivery reaching Adjusted EBITDA profitability.

Uber's Q4 2021 results showed strong growth with gross bookings up 51% year-over-year to $25.9 billion and net income of $892 million, including a $1.4 billion net benefit from equity investments. Delivery reached Adjusted EBITDA profitability, and Mobility Gross Bookings approached pre-pandemic levels.

  • Gross Bookings grew 51% year-over-year to $25.9 billion.
  • Revenue grew 83% year-over-year to $5.8 billion.
  • Net income was $892 million, including a $1.4 billion net benefit from equity investments.
  • Adjusted EBITDA was $86 million, a $540 million year-over-year increase.

Headline financials

Total Revenue

$5.78B

Previous: $3.17B+82.6%
EPS (adj)

-$0.26

Previous: -$0.54+51.9%
MAPCs

118.0M

Previous: 93.0M+26.9%
Trips

1.8B

Previous: 1.4B+22.6%
Capital Expenditures

$80M

Previous: $123M-35.0%
Free Cash Flow

-$187M

Previous: -$928M+79.8%
Net Income

$892M

Previous: -$968M+192.1%
Operating Income

-$550M

Previous: -$877M+37.3%
Gross Profit

-$550M

Previous: $1.72B-131.9%
Cash & Equivalents

$4.3B

Previous: $5.65B-23.9%
Total Assets

$38.8B

Previous: $33.3B+16.6%
Stock-Based Comp

$334M

Previous: $236M+41.5%

Revenue & EPS history

Uber · Revenue · Quarterly

$5.78B

Q4 2021+82.6%vs Q4 2020
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

For Q1 2022, Uber anticipates Gross Bookings of $25 billion to $26 billion and Adjusted EBITDA of $100 million to $130 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 Q4 2021

Historical avgQ4 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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