Uber misses Q3 earnings expectations as Q4 profit guidance falls short

Revenue beat forecasts, but an adjusted EPS miss and soft fourth-quarter outlook leave investors with mixed signals Uber Technologies posted third-quarter results on November 4, 2026, and they arrived as a split decision. Revenue came in above analyst estimates, while adjusted earnings per share landed below them. Then came the forward look. Uber’s fourth-quarter EPS guidance also came in under Wall Street’s estimates. The numbers behind the mixed quarter Heading into the release, consensus estimates for Uber’s non-GAAP EPS sat in a range of $0.86 to $0.91. Uber’s adjusted figure came in below that bar. Revenue told a friendlier story. Forecasts had clustered around $14.67 billion to $14.74 billion, and Uber cleared them. The stock had been signaling unease well before the print. Uber shares closed at approximately $66.71 on November 2, 2026, two days ahead of the release. That price reflected a decline of around 5% during the third quarter. Year-to-date, the stock was down about 16%. How Uber got here In Q2 2026, Uber reported gross bookings of $58 billion, a 24% increase from a year earlier. Profitability metrics were heading the right way too. Adjusted EBITDA reached $2.8 billio...