Uber's fifth straight quarter of 20%-plus bookings growth signals staying power
As seen on the 24/7 Wall St. homepage on November 4, 2026.
Uber delivered its fifth consecutive quarter of 20%+ Gross Bookings growth, driven by record audience and consumer engagement.
Khosrowshahi is pitching durability at a $136 billion market cap, with the growth rate holding above 20% for more than a year. Anyone treating the ride-hailing and delivery story as maturing is arguing with the third-quarter scoreboard.
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Uber has now posted five consecutive quarters of Gross Bookings growth above 20%, across both ride-hailing and delivery.
Khosrowshahi credited record audience size and record engagement, so the momentum reflects demand expansion.
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A $136 billion market cap prices in that streak continuing.
Any plateau in those records is the first crack in the durability case.
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Mentioned: UBER