| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 14.2K | 7.5% | 12.2% |
| Total Income | 14.2K | 7.5% | 12.2% |
| Expenditure | 12.3K | 9.1% | 9.8% |
| PBT | 3.3K | 560.7% | 117.9% |
| Net Profit | 2.4K | 810.3% | 76.7% |
| OPM | 13.32% | 1.25pp | 1.86pp |
| NPM | 16.87% | 14.88pp | 6.16pp |
| EPS | 1.18 | 807.7% | 81.5% |
Uber Announces Q2 2026 Results: Gross Bookings Up 24% YoY to $58.0B
05 Aug 2026 · 5 Aug, 4:34 pm
Summary
Uber Technologies, Inc. reported strong financial results for the second quarter ended June 30, 2026, with Gross Bookings reaching $58.0 billion, a 24% increase year-over-year. Revenue grew 12% year-over-year to $14.2 billion. The company demonstrated significant profit growth, with GAAP Income from operations up 30% to $1.9 billion and Non-GAAP EPS increasing by 35% to $0.81. Management highlighted the compounding platform advantage, record consumer engagement, and profitable growth across the business, with a forward-looking outlook for continued strong performance.
Key Highlights
- 1
Gross Bookings grew 24% year-over-year to $58.0 billion in the second quarter of 2026.
- 2
Revenue increased by 12% year-over-year to $14.2 billion, or 11% on a constant currency basis.
- 3
GAAP Income from operations grew 30% year-over-year to $1.9 billion.
- 4
GAAP Net income attributable to Uber Technologies, Inc. was $2.4 billion, including a $1.6 billion net benefit from revaluations of equity investments.
- 5
Non-GAAP EPS grew 35% year-over-year to $0.81.
- 6
Free cash flow exceeded $10 billion for the trailing twelve months for the first time in Uber's history.
- 7
The company anticipates Q3 2026 Gross Bookings to be between $58.25 billion and $60.25 billion.
Management Comments
Dara Khosrowshahi
Uber’s platform advantage continues to compound: record consumers and engagement, and profitable growth across our business. In fact, we’ve added more first-time users over the past twelve months than in any period over the past five years. We’re investing from a position of strength, as we accelerate our cross-platform strategy at a global scale and build the world’s largest platform for autonomous vehicles.
Balaji Krishnamurthy
We continue to convert strong top-line growth into faster earnings and significant cash generation. Gross Bookings grew 22%, Non-GAAP EPS grew 35%, and trailing twelve-month free cash flow exceeded $10 billion for the first time in Uber’s history—giving us the flexibility to both invest for the future and pursue strategic opportunities, while continuing to reduce our share count.
Informational and educational content only. Not investment advice.