secwatch.observer — SEC 8-K summary
======================================

Issuer:     Uber Technologies, Inc (UBER)
CIK:        0001543151
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001543151-22-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Uber Q1 net loss $5.9B on $5.6B equity investment markdown; adj EBITDA $168M
----------------------------------------------------------------------------

- Gross Bookings $26.4B (+35% YoY); Mobility $10.7B (+58% YoY), Delivery $13.9B (+12% YoY).
- Net loss $5.9B includes $5.6B pre-tax unrealized loss from Grab, Aurora, Didi stakes; adj EBITDA $168M.
- Mobility adj EBITDA $618M (5.8% margin, all-time high); Delivery adj EBITDA $30M; Freight adj EBITDA $2M (first profitable).
- Q2 guidance: Gross Bookings $28.5B-$29.5B; adj EBITDA $240M-$270M.
- Free cash flow outflow $47M, improving $635M YoY; expects positive free cash flow for FY2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1543151/000154315122000012/0001543151-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1543151/000154315122000012/uber-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001543151-22-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer