Uber Technologies (UBER) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the quarter, continuing a multi-quarter upward trajectory. The growth was driven by broad-based strength across the business.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the quarter, continuing a multi-quarter upward trajectory. The growth was driven by broad-based strength across the business.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.2B
Revenue reported for this quarter.
Quarter-over-quarter
+4.6%
Change from the immediately preceding quarter.
Year-over-year
+14.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$35B
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 |
|---|---|---|
| Sep 30, 2022 | $8.3B | +72.2% |
| Dec 31, 2022 | $8.6B | +49.0% |
| Mar 31, 2023 | $8.8B | +28.7% |
| Jun 30, 2023 | $9.2B | +14.3% |
Revenue performance
Reported revenue rose compared to both the immediately preceding quarter and the same quarter one year earlier.
Quarterly comparison
The sequential increase was smaller than the prior quarter's gain, while the year-over-year expansion remained solid.
What to watch
The filing highlights a significant improvement in operating cash flow, which may support future capital allocation decisions.