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Uber Technologies UBER Q2 2024 earnings

Reported August 6, 2024 · Before market open

Revenue estimate$10.6B
EPS estimate$0.31

Next report

Aug 5, 2026 (in a month)
Revenue estimate$14.2B
EPS estimate$0.84

Financials

Q2 2024

Income statement

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Revenue$10.7B+15.9%
Gross profit$4.2B+13.4%
Operating income$796.0M+144%
Net income$1.0B+158%
EPS (diluted)$0.47+161%

Balance sheet

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Cash & equivalents$7.9B-6.8%
Total debt$11.2B+1.0%
Total equity$12.4B+42.5%
Total assets$41.5B+21.9%

Cash flow

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Operating cash flow$1.8B+52.9%
CapEx$99.0M+98.0%
Free cash flow$1.7B+51.0%

Valuation & ratios

Q2 2024

Valuation

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Market cap$151.06B+71.1%
Enterprise value$154.35B+69.9%
P/E75.1×
P/S3.8×+1.2×

Profitability

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Gross margin39.2%0.0pp
Operating margin5%+4.0pp
Net margin5%+3.7pp

Returns & leverage

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Return on equity19.1%+13.7pp
Debt / equity0.9×-0.4×
Current ratio1.2×0.0×

Segments

By geography

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United States and Canada ("US&CAN")$5.8B+13.6%
Europe, Middle East and Africa ("EMEA")$3.0B+23.8%
Asia Pacific ("APAC")$1.2B+13.8%
Latin America ("LatAm")$679.0M+8.3%

By segment

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Mobility$6.1B+23.7%
Delivery$3.3B+7.9%
Freight$1.3B-2.9%

Versus estimates

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Questions, answered.

When did Uber Technologies report Q2 2024 earnings?
Uber Technologies (UBER) reported Q2 2024 earnings on August 6, 2024 before market open.
What were Uber Technologies's Q2 2024 revenue and EPS?
Uber Technologies reported revenue of $10.7B and diluted EPS of $0.47 for Q2 2024.
Did Uber Technologies beat estimates in Q2 2024?
Revenue beat the consensus estimate of $10.6B by $131.7M. EPS beat the consensus estimate of $0.31 by $0.16.
Where can I find Uber Technologies's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001543151-24-000027) directly on SEC EDGAR. The filing index links above go to sec.gov.