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  "documentTitle": "Uber | Results Presentation Deck | 31 slides",
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      "text": "US & Canada Delivery Cost per Trip: Indexed to Q1 2021; Decrease of ~25%; Q1 2021, Q2 2021, Q3 2021, Q4 2021, Q1 2022, Q2 2022, Q3 2022",
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      "text": "Delivery Adjusted EBITDA & Adjusted EBITDA Margin; ($200), (1.6%), $181, 1.3%; Q1 2021, Q2 2021, Q3 2021, Q4 2021, Q1 2022, Q2 2022, Q3 2022",
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      "text": "This margin expansion is being driven by healthy reductions in cost per trip, enabled by our product and technology innovations. In the US & Canada, cost per trip is down 25% since Q1 2021.",
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      "text": "Delivery Adjusted EBITDA continued to expand strongly in Q3, with a YoY incremental margin of 23% of Gross Bookings.",
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      "kind": "paragraph",
      "text": "Additionally, we expect Delivery to continue benefiting from growth of our Advertising revenues, and from continued sales and marketing leverage.",
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      "text": "Uber Q3 2022 Earnings",
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      "text": "Note 1: Cost per Trip (\"CPT\") represents courier payments and incentives paid out to existing couriers in a given period, divided by the number of trips completed over the same period.\nNote 2: Adjusted EBITDA in $ Millions.\nNote 3: Adjusted EBITDA Margin as a % of Gross Bookings.",
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