Uber Technologies, Inc. (UBER) Earnings Call Transcripts

Uber Technologies, Inc.'s Latest Earnings Call - September 10, 2026

In the third quarter of fiscal year 2026, Uber Technologies, Inc. reported strong revenue growth, driven by an increase in membership and expansion into sparse markets. Revenue reached $12.5 billion, exceeding estimates of $12.0 billion, representing a 25% year-over-year increase. The company maintained its earnings guidance, projecting continued top-line growth while improving margins, signaling confidence in its operational strategy and market position.

Reported metrics

Guidance from management

Uber maintained its earnings guidance, projecting continued revenue growth while improving margins, signaling confidence in its operational strategy and market position.

What management said

Yes. It's -- honestly, it's a little bit boring, which is more of the same for us. We obviously have a very broad audience of consumers. We track very closely consumer behavior, frequency continues to increase both for especially membership continues to drive frequency for us. But we don't see consumers trading down. Growth for a lower income consumer cohorts is just as strong as growth for us in higher consumer inco...

What analysts pressed on

Analysts expressed concerns regarding the impact of the workforce reduction on operational efficiency and whether the growth in sparse markets can be sustained long-term. There were also questions about the competitive landscape in the delivery segment and the scalability of AV investments.

Main topics on the call

• Revenue Growth Acceleration — Uber's revenue grew to $12.5 billion, surpassing the $12.0 billion estimate, reflecting a 25% year-over-year increase. Management stated, "we have been able to grow our top line over 20% for the past 4 quarters," indicat...
• Membership Growth and Engagement — Uber One membership has grown to over 50 million members, up 50% year-over-year, now accounting for 50% of total bookings. Dara Khosrowshahi noted, "members spend 3x more than nonmembers," highlighting the program's impa...
• Expansion into Sparse Markets — Management emphasized the potential in sparse markets, where penetration is only 10% compared to 50% in core markets. These markets are growing 1.5x faster, presenting a significant growth opportunity.
• Barbell Strategy for Margin Improvement — Uber is focusing on higher-margin products while using excess margins to promote lower-cost offerings. This strategy is aimed at driving customer acquisition and engagement, as stated, "our margin strategy and our new cu...

Read the full Uber Technologies, Inc. transcript (September 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 65 Uber Technologies, Inc. earnings call transcripts on record, spanning February 6, 2020 to September 10, 2026. Based on this history, Uber Technologies, Inc. reports quarterly. The most recent call on file is dated September 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

UBER

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Ground Transportation

Calls on record

65

First call

February 6, 2020

Most recent

September 10, 2026

Reporting cadence

quarterly