# Uber reported first-quarter revenue of $13.20 billion, up 14% year over year.

*business · news · 2026-05-06 · Benzinga*

## Key points

- Uber One membership surpassed 50 million users, now accounting for half of gross bookings.
- Uber invested in more than 30 autonomous vehicle partners, targeting operations in up to 15 cities by 2026.
- A $1.5 billion equity investment revaluation caused Uber's GAAP net income to drop 85%.
- Uber repurchased $3 billion in stock and posted $2.29 billion in free cash flow this quarter.
- Uber expects Q2 adjusted earnings of 78 to 82 cents per share, slightly above analyst consensus.

**Companies:** Uber Technologies

[Read the full story on Benzinga](https://www.benzinga.com/markets/earnings/26/05/52321052/ubers-growth-machine-delivers-another-massive-quarter)

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