canar.ai
Rankings/UBER/Q2 2024 Analysis

Uber Technologies, Inc

UBER
Q2 2024(UBER Q1 FY2024)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$1.8B
AI Revenue (Q)
$335.6M
Total Revenue (Q)
$11.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q1 FY2024 total revenue: $10,131M. Segment revenue: Mobility $5,633M, Delivery $3,214M, Freight $1,284M. Segment Adjusted EBITDA: Mobility $1,479M, Delivery $528M, Freight -$21M. No AI revenue breakout in filing. The filing uses a new segment reporting format showing Platform Participant direct transaction costs and Other costs. Advertising continues growing within Mobility and Delivery. Conservative 3.0% estimate. $10,131M x 3.0% = ~$304M estimated AI revenue.
Analyzed by claude-opus-4-6

Quoted Figures

Revenue $10,131M for Three Months Ended March 31, 2024
10-Q Q1 FY2024, Condensed Consolidated Statements of Operations
Mobility $5,633M, Delivery $3,214M, Freight $1,284M segment revenue
10-Q Q1 FY2024, Note 10 Segment Information

AI Products Identified (Ring 1)

ML-powered matching/dispatchdynamic/surge pricing algorithmsAI-powered advertising platformfraud detection ML

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

ETA predictiondemand forecastingsafety scoringroute optimizationchatbot customer support

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix