Uber (UBER) Q1 FY26 earnings call

Earnings call· Mar 2026 (Q1 FY26)· Information Technology· May 6, 2026

Source: earnings call transcript

Uber delivered a strong start to the fiscal year, with robust gross bookings growth across its Mobility and Delivery segments, alongside a return to growth for Freight. The company achieved significant profitability expansion and returned a record amount of capital to shareholders, underscoring its disciplined approach. Strategic investments in AI, autonomous solutions, and the Uber One membership program are aimed at deepening platform utility and driving future growth, with a focus on expanding into sparse and international markets.

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UBER operating KPIs by quarter

UBER operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Dec 2024 Q4 FY24	Jun 2025 Q2 FY25	Sep 2025 Q3 FY25	Dec 2025 Q4 FY25	This call Mar 2026 Q1 FY26	Change vs prior quarter
Paid subscription members	30M It was also a stellar few months for Uber One membership program, where we added 5 million members in the quarter, bringing our total member base to 30 million, up nearly 60% year-on-year. Source: earnings call transcript	36M And then as you know, our membership program is a huge part of the platform with Uber One 36 million members, and these members spend 3x more. Source: earnings call transcript	—	46M Fourth for us is membership, 46 million members, growing faster than 50%. Source: earnings call transcript	50M+ We've now surpassed 50 million Uber 1 members and 10 million drivers and couriers globally, both important milestones that reflect strong customer loyalty an expanding number of order opportunities on our platform. Source: earnings call transcript	—
Drivers and couriers	—	<9M We've got almost 9 million people who are earning on our platform, and they can earn in different ways other than driving or transporting things. Source: earnings call transcript	9.4M This is broadening earning opportunities for 9.4 million drivers and couriers, including new digital tasks powered by Uber AI solutions. Source: earnings call transcript	—	—	—

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.