Form 10-Q · Quarterly report
Uber 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0001543151
- Accession no.
- 0001543151-26-000041
Summary
Uber reported third-quarter 2026 revenue of $14.8 billion, up 10% year over year, and gross bookings of $59.8 billion, up 20% on a constant-currency basis, while net income attributable to Uber fell 92% to $512 million, largely on net losses from equity investments. Uber also said it faces ongoing driver-classification litigation and regulatory challenges, including a California complaint alleging misclassification, and described a UK business model change that reduced revenue by $1.1 billion.
Key points
- Uber's third-quarter 2026 trips rose 16% year over year to 4.1 billion, and monthly active platform consumers rose 14% to 215 million.
- Net income attributable to Uber was $512 million, including a $476 million pre-tax net loss from equity revaluations: a $354 million loss on Grab, a $239 million loss on Aurora, and a $161 million gain on Didi.
- Uber expects additional expenses to comply with Proposition 22 but does not expect a material impact, and warned that being required to classify drivers as employees would significantly increase costs and could reduce driver supply.
- A 2020 California lawsuit by the state attorney general and the city attorneys of San Francisco, Los Angeles, and San Diego alleges Uber and Lyft misclassified drivers and sought an injunction and monetary damages.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview We are a technology platform that uses a massive network, leading technology, operational excellence, and product expertise to power movement from point A to point B. We develop and operate proprietary technology applications supporting a variety of offerings on our platform. We connect consumers with providers of ride services, merchants as well as delivery service providers for meal preparation, grocery and other delivery services. Uber also connects consumers with public transportation networks. …
An excerpt of the text as filed with the SEC, cut for length.
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