| Imagery Source: Wikimedia Commons / HaeB |
| Information Source: Uber Technologies, Inc |
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Trips and Gross Bookings grew 18% year-over-year
Income from operations of $1.5 billion; Adjusted EBITDA of $2.1 billion, up 35% year-over-year
Operating cash flow of $2.6 billion and Free cash flow of $2.5 billion(1)
New $20 billion share repurchase authorisation
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| Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended June 30, 2025. |
| “Our platform strategy is working, with record audience, frequency, and profitability across Mobility and Delivery,” said Dara Khosrowshahi, CEO. “But we’re still only beginning to unlock the platform’s full potential, now with 20 autonomous partners around the world.” |
| “Today’s announcement of a new $20 billion share repurchase authorisation underscores our confidence in the business, following yet another quarter of strong top and bottom-line performance,” said Prashanth Mahendra-Rajah, CFO. “Our trailing twelve-month free cash flow hit a new all-time high of $8.5 billion, and we remain committed to driving durable, profitable growth.” |
| Financial and Operational Highlights for Second Quarter 2025 |
- Trips during the quarter grew 18% year-over-year (“YoY”) to 3.3 billion, driven by Monthly Active Platform Consumers (“MAPCs") growth of 15% YoY and monthly Trips per MAPC growth of 2% YoY.
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- Gross Bookings grew 17% YoY to $46.8 billion, or 18% on a constant currency basis.
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- Revenue grew 18% YoY to $12.7 billion, and 18% on a constant currency basis.
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- Income from operations grew 82% YoY to $1.5 billion.
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- Net income attributable to Uber Technologies, Inc. was $1.4 billion, which includes a $17 million net headwind (pre-tax) from revaluations of Uber’s equity investments.
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- Adjusted EBITDA grew 35% YoY to $2.1 billion. Adjusted EBITDA margin as a percentage of Gross Bookings was 4.5%, up from 3.9% in Q2 2024.
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- Net cash provided by operating activities was $2.6 billion, and free cash flow, defined as net cash flows from operating activities less capital expenditures, was $2.5 billion.
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- Unrestricted cash, cash equivalents, and short-term investments were $7.4 billion at the end of the second quarter.
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- New share repurchase program authorised up to an additional $20 billion of common stock.
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| Outlook for Q3 2025 |
| For Q3 2025, we anticipate: |
- Gross Bookings of $48.25 billion to $49.75 billion, representing growth of 17% to 21% YoY on a constant currency basis.
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- Our outlook assumes a neutral to modestly positive FX impact on total reported YoY growth.
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- As a reminder, our outlook includes the contribution from the close of the Trendyol Go acquisition; excluding this, our growth outlook would be 16% to 20% YoY on a constant-currency basis (consistent with the prior quarter).
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- Adjusted EBITDA of $2.19 billion to $2.29 billion, which represents 30% to 36% YoY growth.
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| For the full document, click the link below |
| Uber Technologies, Inc |
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