Skip to content
HomeTechAIBusinessBCCanadaWorldClimateSportCultureWest Coast Tech deskDaily archiveCompany releasesPress roomSearch
Press roomAdvertise with us
Today's EditionGoogle releases Gemini 4 Argon to developers and businesses worldwideLead story →

TechnologyBusinessBritish Columbia

West Coast News

·Vancouver Edition·

In picturesB.C. drought could last into 2027 as communities brace for fall floods
Latest
Court halts Vancouver Aquatic Centre demolition until after civic election TSX gains 319 points as energy and telecom stocks lead Poilievre takes his tariff-free auto pact pitch to Detroit 'I Play Rocky' and 'Ceremony' take VIFF audience awards BC Conservatives take five-point lead as leaders head into only TV debate Google releases Gemini 4 Argon to developers and businesses worldwide
Business · San Francisco

Uber's third quarter: $59.8 billion in gross bookings

Trips rose 16 percent to 4.1 billion. The company expects about 700 fully driverless vehicles on the platform by year-end.

By West Coast News staff ·
San Francisco's Financial District
The Financial District in San Francisco.

Uber Technologies, reporting from San Francisco, posted results for the quarter ended September 30. Gross bookings rose 20 percent to $59.8 billion, and 20 percent on a constant-currency basis. Trips rose 16 percent to 4.1 billion. Revenue rose 10 percent to $14.8 billion. GAAP income from operations was $1.4 billion. Non-GAAP operating income was $2.3 billion, up 38 percent, and GAAP diluted earnings were 25 cents a share. Non-GAAP earnings were 88 cents a share, up 35 percent.

Chief executive Dara Khosrowshahi said it was the fifth straight quarter of gross-bookings growth above 20 percent, and that Uber expects about 700 fully driverless vehicles on the platform by year-end and more than 2,000 in 2027. Chief financial officer Balaji Krishnamurthy said non-GAAP operating-income margin reached 3.9 percent of gross bookings.

From ARQS Sponsored

Owners and managers following this story can look at Design Workbench, TradeHound, Website audit and Flow automation. In the ARQS Store, Wine Cellar Ledger — 1 Month Access, ARQS ContractDiff Desk, Menu Maker — 1 Month Access are among the newest tools available.