Uber reported an 18% year-over-year increase in revenue for Q2 2025, reaching $12.65 billion, driven by double-digit growth across both Mobility and Delivery segments. Gross bookings rose 17% to $46.8 billion, supported by an 18% increase in ride-hailing trips (3.3 billion trips) and a 20% jump in delivery gross bookings. Adjusted EBITDA climbed 35% to $2.1 billion, while free cash flow surged 44% to $2.5 billion, reflecting ongoing margin expansion and stronger operating leverage. Building on a record trailing twelve-month free cash flow of $8.5 billion, Uber authorized an additional $20 billion share repurchase program, committing roughly half of its ongoing free cash flow to buybacks. For Q3 2025, management projects gross bookings between $48.25 billion and $49.75 billion (17% to 21% growth) and adjusted EBITDA of $2.19 billion to $2.29 billion (30% to 36% growth), reflecting confidence in continued top-line momentum and profitability improvements. Uber deepened its autonomous vehicle footprint through multi-city deployments with Waymo in Austin and Atlanta, a 20,000-vehicle rollout agreement with Lucid and Nuro, and new partnerships with Baidu and WeRide in Abu Dhabi. These collaborations have driven productivity gains—Waymo vehicles now complete more daily trips than 99% of human drivers. On the consumer side, monthly active platform users grew 15% to 180 million, and Uber One membership climbed 60% year-over-year to 36 million, underscoring the growing engagement of subscribers across both ride-hailing and delivery.
Uber reported an 18% year-over-year increase in revenue for Q2 2025, reaching $12.65 billion, driven by double-digit growth across both Mobility and Delivery segments. Gross bookings rose 17% to $46.8 billion, supported by an 18% increase in ride-hailing trips (3.3 billion trips) and a 20% jump in delivery gross bookings. Adjusted EBITDA climbed 35% to $2.1 billion, while free cash flow surged 44% to $2.5 billion, reflecting ongoing margin expansion and stronger operating leverage. Building on a record trailing twelve-month free cash flow of $8.5 billion, Uber authorized an additional $20 billion share repurchase program, committing roughly half of its ongoing free cash flow to buybacks. For Q3 2025, management projects gross bookings between $48.25 billion and $49.75 billion (17% to 21% growth) and adjusted EBITDA of $2.19 billion to $2.29 billion (30% to 36% growth), reflecting confidence in continued top-line momentum and profitability improvements. Uber deepened its autonomous vehicle footprint through multi-city deployments with Waymo in Austin and Atlanta, a 20,000-vehicle rollout agreement with Lucid and Nuro, and new partnerships with Baidu and WeRide in Abu Dhabi. These collaborations have driven productivity gains—Waymo vehicles now complete more daily trips than 99% of human drivers. On the consumer side, monthly active platform users grew 15% to 180 million, and Uber One membership climbed 60% year-over-year to 36 million, underscoring the growing engagement of subscribers across both ride-hailing and delivery.