10-QPeriod: Q2 FY2025

Uber Technologies, Inc Quarterly Report for Q2 Ended Jun 30, 2025

Filed August 6, 2025For Securities:UBER

Summary

Uber Technologies, Inc. (UBER) reported strong financial results for the quarter ending June 30, 2025, demonstrating robust growth across its core segments. Revenue surged by 18% year-over-year to $12.7 billion, driven by broad-based strength in both Mobility and Delivery. Gross Bookings also saw a healthy increase of 17% to $46.8 billion, reflecting increased trip volumes and strong consumer demand. The company achieved a significant improvement in profitability, with Net Income attributable to Uber Technologies, Inc. reaching $1.4 billion, a substantial increase from the prior year, bolstered by positive growth in Adjusted EBITDA, which rose 35% to $2.1 billion. This financial performance highlights Uber's ability to scale its operations effectively while managing costs. The company ended the quarter with a solid liquidity position, with $7.4 billion in unrestricted cash, cash equivalents, and short-term investments, reinforcing its financial stability.

Financial Highlights

50 data points
Beta

Revenue

$12.65B

Net Income

$1.35B

10.7% Net Margin

EPS (Diluted)

$0.63

Total Assets

$55.98B

Cash & Equivalents

$6.44B

Free Cash Flow

$2.48B

Financial Statements
Beta
Revenue$12.65B
R&D Expenses$840.00M
Operating Expenses$11.20B
Operating Income$1.45B
Net Income$1.35B
EPS (Basic)$0.65
EPS (Diluted)$0.63
Shares Outstanding (Basic)2.09B
Shares Outstanding (Diluted)2.13B

Key Highlights

  • 1Revenue grew 18% year-over-year to $12.7 billion, driven by strong Mobility and Delivery segment performance.
  • 2Gross Bookings increased 17% year-over-year to $46.8 billion, indicating robust platform activity.
  • 3Net income attributable to Uber Technologies, Inc. was $1.4 billion, showing significant profitability improvement.
  • 4Adjusted EBITDA increased 35% year-over-year to $2.1 billion, reflecting operational efficiency and growth.
  • 5Mobility segment revenue grew 19% and Delivery segment revenue grew 25% year-over-year.
  • 6The company ended the quarter with $7.4 billion in unrestricted cash, cash equivalents, and short-term investments, maintaining a strong liquidity position.
  • 7Subsequent to the quarter, Uber announced a new $20 billion share repurchase authorization and a significant equity investment in Lucid Group, Inc. for a global robotaxi program, signaling strategic future investments.

Frequently Asked Questions

Uber reported an 18% year-over-year increase in revenue to $12.7 billion. Net income attributable to Uber Technologies, Inc. was $1.4 billion, a significant improvement from the prior year. Adjusted EBITDA also showed strong growth, increasing 35% to $2.1 billion.

Both the Mobility and Delivery segments demonstrated strong growth. Mobility revenue increased by 19% year-over-year, while Delivery revenue saw a substantial 25% increase year-over-year, driven by higher trip volumes and, for Delivery, an increase in advertising revenue.

Uber ended the quarter with a strong liquidity position, holding $7.4 billion in unrestricted cash, cash equivalents, and short-term investments.

Yes, subsequent to the quarter, Uber announced a new $20 billion share repurchase authorization. Additionally, the company plans a $300 million equity investment in Lucid Group, Inc. as part of a global robotaxi program, indicating strategic investments in future growth areas.