Uber Q2 2026 Results: Bookings Surge 24% as AV Bets Mount
As seen on the 24/7 Wall St. homepage on August 5, 2026.
The autonomous vehicle spending push is being funded from strength: gross bookings expanded 24% year over year to $58.02 billion even with both lines missing expectations. Delivery led, and Q3 guidance calls for non-GAAP EPS of $0.84 to $0.88.
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Uber reported Q2 2026 earnings per share of $0.81, a hair below the consensus estimate of roughly $0.83, while revenue came in at $14.19 billion against expectations of about $14.26 billion — a miss of just 0.5%. Both lines fell short of Wall Street's targets, yet the gaps were narrow enough that the headline numbers tell only part of the story.
The bigger picture is in gross bookings, which grew 24% year over year to $58.02 billion. Delivery was the standout contributor to that expansion. The company is leaning into autonomous vehicle development, and management has signaled that the strength in bookings is what is funding that spending push rather than a draw on reserves or outside capital.
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Looking ahead, Uber guided for Q3 2026 non-GAAP EPS in the range of $0.84 to $0.88. That would mark a step up from the $0.81 reported this quarter and comes after a volatile stretch in the earnings history — including a $0.13 print in Q1 2026 and a $3.21 outlier in Q4 2024 — so investors will be watching whether the core business can deliver a cleaner, more consistent result.
Mentioned: UBER