Uber Technologies released its third-quarter 2026 financial results on November 4, 2026. While the company reported revenue that exceeded analyst expectations, its adjusted earnings per share fell below the projected range of $0.86 to $0.91.
The company provided a fourth-quarter earnings guidance that also missed Wall Street estimates. Prior to the report, Uber shares closed at approximately $66.71 on November 2, 2026, marking a 16% decline year-to-date and a 5% drop during the third quarter.
In the second quarter of 2026, Uber reported gross bookings of $58 billion, representing a 24% year-over-year increase. Adjusted EBITDA for the same period reached $2.8 billion, a 33% rise compared to the previous year.
Management, led by CEO Dara Khosrowshahi and CFO Prashanth Mahendra-Rajah, continues to focus on expanding autonomous vehicle operations to 15 cities by the end of 2026. Investors are now monitoring regulatory hurdles and operational risks associated with this rollout.
