Companies /Technology

Uber Technologies Inc

NYSE: UBER Software - Application
$75.76
▼ $0.20 (−0.26%) today
Markets closed · 10:23pm ET

Q2 2025 Earnings

Reported Aug 6, 2025, 6:56am ET · SEC source
$0.63
Beat +1.16%
EPS · est. $0.62
$12.7B
Beat +1.48%
Revenue · est. $12.5B
+3.2%
Beating market
UBER vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
0+3%+6%Aug 6Aug 7report 6:56am ETearnings+0.2%+5.0%
0+3%+6%Aug 6Aug 7earnings+0.2%+5.0%
UBER +5.0%S&P 500 +0.2%
0+3%+6%Aug 6Aug 7report 6:56am ETearnings+1.3%+5.0%
0+3%+6%Aug 6Aug 7earnings+1.3%+5.0%
UBER +5.0%NASDAQ +1.3%
0+3%+6%Aug 5Aug 14report 6:56am ETearnings+2.5%+5.6%
0+3%+6%Aug 5Aug 14earnings+2.5%+5.6%
UBER +5.6%S&P 500 +2.5%
0+3%+6%Aug 5Aug 14report 6:56am ETearnings+3.6%+5.6%
0+3%+6%Aug 5Aug 14earnings+3.6%+5.6%
UBER +5.6%NASDAQ +3.6%
−0.19%
Day of report
+3.87%
Next session
+1.80%
One week
+5.76%
30 days

S&P 500 over the same 30 days: +2.54%.

Did UBER Beat Earnings? Q2 2025 Results

Uber posted a clean beat across the board in Q2 2025, with revenue climbing 18.2% year-over-year to $12.65 billion against a consensus estimate of $12.47 billion, while GAAP diluted EPS of $0.63 edged past the $0.62 consensus by 1.16%. The headline driver was broad platform acceleration, with Trips growing 18% to 3.3 billion and Monthly Active Platform Consumers expanding 15% to 180 million, fueling Gross Bookings of $46.76 billion and pushing Adjusted EBITDA up 35% to $2.12 billion. Mobility and Delivery were the twin engines, with Mobility revenue rising 19% to $7.29 billion and Delivery up 25% to $4.10 billion, the latter's segment Adjusted EBITDA surging 48%. The company also announced a $20 billion share repurchase authorization, a signal of confidence in its free cash flow trajectory, though some investors remained cautious over the longer-term cost of competing with autonomous vehicle entrants. Looking ahead, Uber guided Q3 2025 Gross Bookings of $48.25 billion to $49.75 billion and Adjusted EBITDA of $2.19 billion to $2.29 billion, representing 30% to 36% year-over-year growth.

Key Takeaways
  • Monthly Active Platform Consumers grew 15% YoY to 180 million
  • Trips grew 18% YoY to 3.3 billion driven by both MAPC growth and increased frequency
  • Monthly Trips per MAPC grew 2% YoY
  • Delivery segment Adjusted EBITDA grew 48% YoY, the fastest among segments
  • Adjusted EBITDA margin as percentage of Gross Bookings expanded to 4.5% from 3.9% in Q2 2024

“Our platform strategy is working, with record audience, frequency, and profitability across Mobility and Delivery. But we're still only beginning to unlock the platform's full potential, now with 20 autonomous partners around the world.”

Uber CEO, on the earnings call

Forward Guidance & Outlook

For Q3 2025, Uber anticipates Gross Bookings of $48.25 billion to $49.75 billion, representing 17% to 21% YoY growth on a constant currency basis, with neutral to modestly positive FX impact. Excluding the Trendyol Go acquisition contribution, organic constant-currency growth outlook is 16% to 20% YoY. Adjusted EBITDA is expected to be $2.19 billion to $2.29 billion, representing 30% to 36% YoY growth.

UBER YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$4.0B$8.0B$12.0B$10.7B$12.7BRevenue$4.2B$5.0BGross Profit$796.0M$1.5BOperating Income$1.0B$1.4BNet Income
$0$4.0B$8.0B$12.0BRevenueGross ProfitOperating IncomeNet Income

UBER Revenue by Segment

Mobility$7.3B+19.0%
Delivery$4.1B+25.0%
Freight$1.3B−1.0%

Figures from SEC filings and company reports. Not investment advice.