Uber Reports Fourth Quarter and Full Year 2023 Results

“2023 will be an inflection point for Uber, proving that we can continue to drive strong and successful expansion at scale,” said Dara Khosrowshahi, CEO. “Our audience is bigger and more engaged than ever, with our platform averaging approximately 26 million daily rides last year. “

“Uber’s platform benefits and disciplined investments in new expansion opportunities resulted in record engagement and acceleration in gross bookings in the fourth quarter,” said Prashanth Mahendra-Rajah, Chief Financial Officer. “We look forward to sharing more about our capital allocation strategy and plans in our investor update next week. “

Financial Highlights for Fourth Quarter 2023

Outlook for the first quarter of 2024

Revenue

Three months ended December 31

(In millions, percentages)

2022

2023

% Change

% Change

(Constant currency)

Financial Highlights for the Fourth Quarter 2023 (continued)

Mobility

Delivery

Freight

Enterprise

GAAP and Non-GAAP Costs and Operating Expenses

Operating Highlights for the Fourth Quarter 2023

Platform

Mobility

Delivery

Transport

Webcast and Conference Call Information

About Uber

Forward-Looking Statements

Non-GAAP Financial Measures

Key terms for our key indicators and non-GAAP financial measures

Definitions of Non-GAAP Measures

Adjusted EBITDA

Legal, tax and regulatory modifications and reservations

Limitations on Non-GAAP Financial Measures and Adjusted EBITDA Reconciliation

Constant Currency

Capital-free

Non-GAAP Operating Costs and Expenses

Non-GAAP Measure Reconciliations

Adjusted EBITDA

Capital-free

Non-GAAP Operating Costs and Expenses

Contacts

Leave a Comment

Your email address will not be published. Required fields are marked *