Uber Technologies delivered strong Q3 2024 results with Gross Bookings rising 16% YoY to $41.0B, while revenue grew 20% YoY to $11.2B. The company achieved record GAAP operating income of $1.1B and Adjusted EBITDA of $1.7B, up 55% YoY. Monthly Active Platform Consumers increased 13% YoY to 161 million, with trips growing 17% YoY to 2.9 billion.Mobility Gross Bookings rose 17% YoY to $21.0B, while Delivery Gross Bookings increased 16% YoY to $18.7B. The company's global Uber One membership base surpassed 25 million members. Net income reached $2.6B, including a $1.7B benefit from unrealized gains on equity investments.For Q4 2024, Uber expects Gross Bookings of $42.75B to $44.25B, representing 16-20% YoY growth on a constant currency basis, and Adjusted EBITDA of $1.78B to $1.88B, up 39-47% YoY. The company plans to redeem $2.0B of outstanding debt in Q4 2024.

Uber Technologies delivered strong Q3 2024 results with Gross Bookings rising 16% YoY to $41.0B, while revenue grew 20% YoY to $11.2B. The company achieved record GAAP operating income of $1.1B and Adjusted EBITDA of $1.7B, up 55% YoY. Monthly Active Platform Consumers increased 13% YoY to 161 million, with trips growing 17% YoY to 2.9 billion.Mobility Gross Bookings rose 17% YoY to $21.0B, while Delivery Gross Bookings increased 16% YoY to $18.7B. The company's global Uber One membership base surpassed 25 million members. Net income reached $2.6B, including a $1.7B benefit from unrealized gains on equity investments.For Q4 2024, Uber expects Gross Bookings of $42.75B to $44.25B, representing 16-20% YoY growth on a constant currency basis, and Adjusted EBITDA of $1.78B to $1.88B, up 39-47% YoY. The company plans to redeem $2.0B of outstanding debt in Q4 2024.