Uber Technologies (UBER) Revenue — Quarter Ended Mar 31, 2023
Revenue increased for the quarter. It rose compared to both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased for the quarter. It rose compared to both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.5%
Change from the immediately preceding quarter.
Year-over-year
+28.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $8.1B | +105.5% |
| Sep 30, 2022 | $8.3B | +72.2% |
| Dec 31, 2022 | $8.6B | +49.0% |
| Mar 31, 2023 | $8.8B | +28.7% |
Revenue performance
Revenue grew sequentially and showed a substantial increase from the same period a year ago.
Quarterly comparison
The sequential increase was modest, while the year-over-year gain was more pronounced.
What to watch
Operating cash flow improved significantly compared to the same quarter last year.