# Uber beats revenue but mobility and delivery miss

> Uber reported third-quarter revenue above expectations, but its core ride-hailing and food delivery units fell short of analyst estimates.
- Title: Uber beats revenue but mobility and delivery miss · CNBC
- Summary: Uber reported third-quarter revenue above expectations, but its core ride-hailing and food delivery units fell short of analyst estimates. Uber topped…
- Keywords: uber, q3 2026 earnings, ride-hailing, food delivery, freight, autonomous vehicles, dara khosrowshahi, CNBC
- Source: CNBC — https://cnbc.com/2026/11/04/uber-stock-q3-2026-earnings.html
- Author: Lora Kolodny
- Published: 2026-11-04T13:20:35+00:00
- Read time: 1 min
- Topics: uber, q3 2026 earnings, ride-hailing, food delivery, freight, autonomous vehicles, dara khosrowshahi, business, finance
## Uber beats on revenue, misses on core units
Uber reported third-quarter revenue of fourteen point seventy-seven billion dollars, topping the fourteen point sixty-nine billion dollars estimate. But mobility and delivery, its two largest businesses, both missed analyst expectations.
## Mobility revenue falls short amid overseas challenges
Uber's ride-hailing unit saw revenue decline two percent to seven point fifty-two billion dollars, missing the seven point seventy-one billion dollars estimate.

> Elevated fuel prices and tighter driver availability weighed on supply growth in several international markets
## Delivery growth slows despite Costco expansion
Food delivery revenue increased twenty-three percent to five point forty-nine billion dollars but trailed the five point fifty-one billion dollars estimate. A recently expanded partnership with Costco in the U.S. is tracking ahead of expectations.
## Freight division drives overall revenue beat
Uber's freight business jumped thirty-four percent to one point seventy-six billion dollars, topping the one point forty-nine billion dollars consensus. This growth offset misses in mobility and delivery to deliver an overall revenue beat.
## Uber plans over two thousand driverless vehicles by 2027
Uber plans to have over two thousand fully driverless vehicles available on its platform by the end of twenty twenty-seven, with half operating in the U.S.and half internationally.
## Key takeaway

Uber topped revenue forecasts for Q3 2026 but missed estimates in mobility and delivery, its two largest business units, as overseas ride-hailing faced fuel and driver supply pressures.