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AI English summary of an SEC filing — figures as filed

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Uber said Gross Bookings for Q1 2025 were $42.8 billion, up 14% compared to the same period in the prior year, or 18% on a constant currency basis, and revenue was $11.5 billion, up 14% year-over-year.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Uber said Gross Bookings for Q1 2025 were $42.8 billion, up 14% compared to the same period in the prior year, or 18% on a constant currency basis, and revenue was $11.5 billion, up 14% year-over-year.

  2. The company said net income attributable to Uber Technologies, Inc. for Q1 2025 was $1.8 billion, which included an unrealized gain on its Didi investment of $155 million, and Adjusted EBITDA was $1.9 billion, up $486 million compared to the same period in the prior year.

  3. Uber said net cash provided by operating activities for Q1 2025 (3 months) was $2.3 billion, and net cash used in financing activities of $1.9 billion consisted primarily of share repurchases of $1.8 billion.

  4. The company said it completed an accelerated share repurchase agreement of $1.5 billion in Q1 2025, with approximately $4.0 billion remaining available for repurchase as of March 31, 2025, and paid a VAT assessment from the U.K. HMRC of approximately $1.8 billion, which it recorded as other assets receivable.

Key figures

Quarter ended March 31, 2025

Revenue
$11.5B
Operating income
$1.2B
Net income
$1.8B
EPS
$0.83
Operating cash flow
$2.3B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 2025 Gross Bookings and Revenue

Uber said Gross Bookings for Q1 2025 were $42.8 billion, up 14% compared to the same period in the prior year, or 18% on a constant currency basis, and revenue was $11.5 billion, up 14% year-over-year.

Source · Based on the MD&A text of the filing

Net Income and Adjusted EBITDA

The company said net income attributable to Uber Technologies, Inc. for Q1 2025 was $1.8 billion, which included an unrealized gain on its Didi investment of $155 million, and Adjusted EBITDA was $1.9 billion, up $486 million compared to the same period in the prior year.

Source · Based on the MD&A text of the filing

Operating and Financing Cash Flows

Uber said net cash provided by operating activities for Q1 2025 (3 months) was $2.3 billion, and net cash used in financing activities of $1.9 billion consisted primarily of share repurchases of $1.8 billion.

Source · Based on the MD&A text of the filing

Share Repurchases and U.K. VAT Assessment

The company said it completed an accelerated share repurchase agreement of $1.5 billion in Q1 2025, with approximately $4.0 billion remaining available for repurchase as of March 31, 2025, and paid a VAT assessment from the U.K. HMRC of approximately $1.8 billion, which it recorded as other assets receivable.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.