# Uber missed Q1 revenue estimates by 90 million dollars and the stock jumped 10 per cent.

*business · news · 2026-05-06 · TNW*

## Key points

- Uber's autonomous vehicle trips grew more than tenfold year on year across 30 partners.
- Uber One membership now exceeds 50 million and accounts for over half of all bookings.
- Uber's advertising business surpassed a $2 billion annualized run rate, growing over 50% year on year.
- Insurance cost savings are driving Uber's strategic price cuts in US mobility, with major impact expected by 2026.
- Wall Street now values Uber as a diversified logistics platform, not just a ride-hailing company.

**Companies:** Uber, Waymo, Volkswagen, Nuro, Lucid
**Countries:** United States, Japan

[Read the full story on TNW](https://thenextweb.com/news/uber-q1-2026-earnings-autonomous-demand-acceleration)

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