Stronger revenue at Uber Freight, but profits still elusive

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Uber Freight CEO Rebecca Tinucci took to LinkedIn to tout the company's third quarter financial performance, which still is a long way from operating profitability. As Tinucci said in her published remarks, "two things can be true at the same time." Her comments highlighted gross bookings of $1.768 billion, which is a record for the group. It also was a 34% improvement over the third quarter of 2026. Sequentially, Uber Freight (NYSE: UBER) revenue also was up from the second quarter figure of $1.583 billion, an 11.6% gain. But those higher revenues also came with another operating loss, $33 million. That wasn't what Tinucci focused on in her LinkedIn remarks.