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Uber Technologies UBER Q3 2024 earnings

Reported October 31, 2024 · Before market open

Revenue estimate$11.0B
EPS estimate$0.41

Next report

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

Financials

Q3 2024

Income statement

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Revenue$11.2B+20.4%
Gross profit$4.4B+20.8%
Operating income$1.1B+169%
Net income$2.6B+1,082%
EPS (diluted)$1.20+1,100%

Balance sheet

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Cash & equivalents$9.0B+31.1%
Total debt$13.2B+19.5%
Total equity$14.8B+57.9%
Total assets$47.1B+31.1%

Cash flow

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Operating cash flow$2.2B+123%
CapEx$42.0M-31.1%
Free cash flow$2.1B+133%

Valuation & ratios

Q3 2024

Valuation

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Market cap$157.25B+67.2%
Enterprise value$161.41B+64.4%
P/E35.7×-170×
P/S3.7×+1.1×

Profitability

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Gross margin39.3%-0.3pp
Operating margin6.4%+5.5pp
Net margin10.5%+9.2pp

Returns & leverage

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Return on equity36.5%+30.6pp
Debt / equity0.9×-0.3×
Current ratio1.4×+0.3×

Segments

By geography

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United States and Canada ("US&CAN")$6.0B+21.6%
Europe, Middle East and Africa ("EMEA")$3.2B+24.8%
Asia Pacific ("APAC")$1.3B+13.7%
Latin America ("LatAm")$679.0M+5.8%

By segment

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Mobility$6.4B+29.3%
Delivery$3.5B+13.7%
Freight$1.3B-0.2%

Versus estimates

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Questions, answered.

When did Uber Technologies report Q3 2024 earnings?
Uber Technologies (UBER) reported Q3 2024 earnings on October 31, 2024 before market open.
What were Uber Technologies's Q3 2024 revenue and EPS?
Uber Technologies reported revenue of $11.2B and diluted EPS of $1.20 for Q3 2024.
Did Uber Technologies beat estimates in Q3 2024?
Revenue beat the consensus estimate of $11.0B by $193.5M. EPS beat the consensus estimate of $0.41 by $0.79.
Where can I find Uber Technologies's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0001543151-24-000036) directly on SEC EDGAR. The filing index links above go to sec.gov.