Quick answer: latest quarter results, by ticker or company name

Reported Q: Q2 2024 Rev YoY: +15.9% EPS YoY: +157.9% Move: -1.32%

Uber Technologies Inc

UBER

$70.07 -1.32%

Exchange NYSE Sector Technology Industry Software Application

Q2 2024

Published: Aug 6, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for UBER

Reported

Report Date

Aug 6, 2024

Quarter Q2 2024

Revenue

10.70B

YoY: +15.9%

EPS

0.47

YoY: +157.9%

Market Move

-1.32%

Previous quarter: Q1 2024

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Earnings Highlights

Revenue of $10.70B up 15.9% year-over-year
EPS of $0.47 increased by 157.9% from previous year
Gross margin of 31.4%
Net income of 1.02B
""Gross bookings grew 21% on a constant currency basis, consistent with trip growth." - Dara Khosrowshahi" - Dara Khosrowshahi

UBER

Uber Technologies Inc

Period Q2 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 12, 2026

Executive Summary

Uber Technologies Inc (UBER) reported its second-quarter results for 2024 on August 6, revealing a record revenue of $10.7 billion, representing a year-over-year increase of 15.93%. Over the quarter, adjusted EBITDA surged 71% year-over-year, signaling robust operational efficiency and customer demand. CEO Dara Khosrowshahi noted that despite potential macroeconomic headwinds, the company continues to experience strong consumer engagement and sees no signs of trading down among income cohorts. The operational flexibility of Uber's platform allows the company to expect continued growth while maintaining a focus on profitability. Key investments in autonomous vehicles (AVs) are anticipated to drive significant future growth, and recent strategic partnerships underscore this trajectory.

Key Performance Indicators

Revenue

Increasing

10.70B

QoQ: 5.62% | YoY: 15.93%

Gross Profit

Decreasing

3.36B

31.37% margin

QoQ: -15.29% | YoY: -9.64%

Operating Income

Increasing

942.00M

QoQ: 447.67% | YoY: 188.96%

Net Income

Increasing

1.02B

QoQ: 255.20% | YoY: 157.61%

EPS

Increasing

0.49

QoQ: 258.06% | YoY: 157.89%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue increased to $10.7 billion (YoY: +15.93%, QoQ: +5.62%); Net Income of $1.015 billion (YoY: +157.61%, QoQ: +255.20%); Operating Income rose to $942 million (YoY: +188.96%, QoQ: +447.67%); Adjusted EBITDA increased to $1.55 billion, demonstrating a significant operating leverage as gross bookings grew 21% year-over-year on a constant currency basis. Notably, the gross profit margin stood at 31.37%, marking a slight decline from previous periods, indicating the need for close monitoring of cost controls amid revenue growth.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	10.70B	15.93%	5.62%
Gross Profit	3.36B	-9.64%	-15.29%
Operating Income	942.00M	188.96%	447.67%
Net Income	1.02B	157.61%	255.20%
EPS	0.49	157.89%	258.06%

Key Financial Ratios

Gross Profit Margin

Fair

31.40%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Fair

8.80%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

9.49%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

2.44%

Return on assets suggests inefficient capital allocation

Return on Equity

Fair

8.22%

Return on equity is acceptable but below top-tier companies

Current Ratio

Adequate

1.21

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Elevated

0.92

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

Growth

36.64x

Elevated P/E suggests growth expectations or premium valuation

Price to Book

High Premium

12.04x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q4 2024	11,959.00	3.21	+20.4%	View
Q3 2024	11,188.00	1.21	+20.4%	View
Q2 2024	10,700.00	0.47	+15.9%	View
Q1 2024	10,131.00	-0.31	+14.8%	View
Q4 2023	9,936.00	0.66	+15.4%	View

Uber Technologies Inc (UBER) Q2 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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