# Uber reported first-quarter gross bookings of $53.72 billion, higher than analyst estimates of $52.9 billion.

*business · news · 2026-05-06 · The Financial Express*

## Key points

- Uber reported Q1 gross bookings of $53.72 billion, above estimates and its own guidance range.
- Uber's delivery business revenue beat expectations, climbing 34.2% to $5.07 billion year-on-year.
- Uber launched hotel booking in-app with Expedia, granting access to 700,000+ hotels and loyalty perks.
- Uber launched a new unit, Autonomous Solutions, to help partners build robotaxi fleets using Lucid and Nuro technology.
- Uber plans to operate robotaxi services in 15 cities globally by year-end and ordered thousands from Rivian.

**Companies:** Uber, Expedia Group, Lucid Group, Nuro, Rivian Automotive
**Countries:** United States

[Read the full story on The Financial Express](https://www.financialexpress.com/market/global-markets/why-uber-stock-is-surging-wall-street-cheers-blockbuster-bookings-and-bullish-outlook/4233601/)

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