Uber has reported a significant revenue increase of 18% from last year’s second quarter, topping analyst estimates. The ride-hailing company also announced a $20 billion share buyback and reported strong earnings per share of 63 cents.
In the second quarter, Uber’s mobility segment saw gross bookings rise 18% to $23.76 billion, while its delivery segment increased by 20% to $21.73 billion. The company’s revenue reached $12.65 billion, up from $10.7 billion last year.
CEO Dara Khosrowshahi attributed the strong results to “steady as she goes” demand in the consumer market. Uber’s monthly active platform consumers increased 15% to 180 million, and users booked around 3.3 billion trips during the quarter, an 18% increase from last year.
The company is also focusing on autonomous rides, with partnerships with 20 companies involved in artificial intelligence, mobility, delivery, and freight services. Uber has launched senior accounts, including features for family organizers, and recently started testing a new feature in the US that allows women riders or drivers to avoid being paired with men for their trips.
Khosrowshahi also highlighted the importance of autonomous rides, saying they will create safer streets. He expressed confidence in the trend, stating “This is physical world AI, and we think it’s going to be a huge trend going forward.”
Source: https://www.cnbc.com/2025/08/06/uber-stock-q2-2025-earnings.html