Uber Technologies, Inc. (NYSE: UBER) reported $53.7 billion in Gross Bookings for the first quarter of 2026. This represents a 25% year-over-year increase. On a constant currency basis, bookings grew 21%. Gross Bookings growth has exceeded 21% for three consecutive quarters.
Total trips rose 20% year-over-year. The company completed 3.6 billion trips during the quarter. Monthly Active Platform Consumers increased by 17%. Uber One membership reached a milestone of 50 million users. These members now drive half of all Mobility and Delivery Gross Bookings.
GAAP income from operations grew 57% year-over-year. Operating income totaled $1.9 billion. GAAP diluted earnings per share reached $0.13. The results suggest resilient consumer spending in travel and convenience services.