10-QPeriod: Q2 FY2026

Uber Technologies, Inc Quarterly Report for Q2 Ended Jun 30, 2026

Filed August 5, 2026For Securities:UBER

Summary

Uber Technologies, Inc. (UBER) reported a strong performance for the second quarter of 2026, demonstrating significant growth across its key segments. Revenue surged by 12% year-over-year to $14.2 billion, driven by a robust 24% increase in Gross Bookings, which reached $58.0 billion. This growth was fueled by an 18% rise in Trips and a 16% increase in Monthly Active Platform Consumers (MAPCs), indicating broad platform adoption and engagement. The company achieved a substantial 77% year-over-year increase in net income attributable to Uber Technologies, Inc., reaching $2.4 billion, aided by a significant pre-tax unrealized gain of $1.6 billion from investments, primarily in Delivery Hero and Aurora. Operationally, the Delivery segment showed impressive growth with a 28% revenue increase, while Mobility revenue grew 1% year-over-year, albeit impacted by UK business model changes that reduced revenue by $1.1 billion. The company also maintained healthy free cash flow, increasing by 7% year-over-year to $5.1 billion for the first six months of 2026. Uber ended the quarter with $5.4 billion in unrestricted cash, cash equivalents, and short-term investments, reflecting a solid liquidity position. Management is actively pursuing strategic acquisitions, including the pending acquisition of Blacklane and a takeover offer for Delivery Hero, signaling continued focus on expansion and market consolidation.

Key Highlights

  • 1Revenue increased 12% year-over-year to $14.2 billion.
  • 2Gross Bookings increased 24% year-over-year to $58.0 billion, driven by a 22% increase in Mobility and 26% increase in Delivery.
  • 3Net income attributable to Uber Technologies, Inc. was $2.4 billion, a 77% increase year-over-year, boosted by investment gains.
  • 4Trips increased 18% year-over-year to 3.9 billion.
  • 5Monthly Active Platform Consumers (MAPCs) grew 16% year-over-year.
  • 6Free cash flow increased 7% year-over-year to $5.1 billion for the first six months of 2026.
  • 7Unrestricted cash, cash equivalents, and short-term investments stood at $5.4 billion.

Frequently Asked Questions

Uber's revenue for the three months ended June 30, 2026, increased by 12% year-over-year to $14.2 billion. This growth was primarily driven by a 24% increase in Gross Bookings.

The Delivery segment showed strong growth, with revenue increasing 28% year-over-year. The Mobility segment's revenue increased 1% year-over-year, although it was negatively impacted by business model changes in the UK which reduced revenue by $1.1 billion for the quarter. Freight revenue also saw a significant increase of 26%.

Net income attributable to Uber Technologies, Inc. increased by 77% year-over-year to $2.4 billion. This significant increase was largely due to a favorable pre-tax unrealized gain of $1.6 billion on debt and equity securities, primarily related to the company's investments in Delivery Hero and Aurora.

As of June 30, 2026, Uber reported $5.4 billion in unrestricted cash, cash equivalents, and short-term investments, indicating a healthy liquidity position.