Uber Technologies (UBER) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's filing includes management's discussion and analysis of financial condition and results of operations.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's filing includes management's discussion and analysis of financial condition and results of operations.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.1B
Revenue reported for this quarter.
Quarter-over-quarter
+2.0%
Change from the immediately preceding quarter.
Year-over-year
+14.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$38.6B
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, 2023 | $9.2B | +14.3% |
| Sep 30, 2023 | $9.3B | +11.4% |
| Dec 31, 2023 | $9.9B | +15.4% |
| Mar 31, 2024 | $10.1B | +14.8% |
Revenue performance
The reported revenue reflects a sequential increase from the prior quarter and a larger year-over-year gain.
Quarterly comparison
Compared to the prior quarter, revenue grew at a slower pace than the year-over-year increase, indicating a deceleration in sequential growth but sustained annual expansion.
What to watch
A key point to watch is the trajectory of sequential revenue growth in future periods.