earnings
confidence high
sentiment positive
materiality 0.85
Uber Q2 2022: Record Gross Bookings $29.1B, Adj. EBITDA $364M, Free Cash Flow $382M
Uber Technologies, Inc
2022-Q2 EPS reported
-$4.37
revenue$14,927,000,000
- Gross Bookings $29.1B (+33% YoY); revenue $8.1B (+105% YoY); net loss $2.6B includes $1.7B unrealized investment losses.
- Adjusted EBITDA $364M, up $873M YoY; free cash flow $382M, marking first positive free cash flow.
- Mobility segment Gross Bookings $13.4B (+55% YoY), Adj. EBITDA $771M; Delivery $13.9B (+7% YoY), Adj. EBITDA $99M; Freight $1.8B revenue.
- Q3 guidance: Gross Bookings $29-30B, Adjusted EBITDA $440-470M.
- Monthly Active Platform Consumers (MAPCs) 122M (+21% YoY); trips 1.87B (+24% YoY).