Uber’s Q3 financials

  • Uber’s net losses increased 32% quarter over quarter to $939M
  • Revenue for Q3 up 5% QoQ at $2.95B and up 38% YoY
  • Adjusted EBITDA = 4.1% of gross bookings (down from 6.4% in 3Q17)
  • Gross cash: $6.55B, not including the $500M from Toyota or the $2B from debt offering
  • Uber’s self-driving car operation is said to be losing as much as $200M a quarter



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