Background on Uber Technologies
Uber Technologies, a leading platform for mobility and delivery services, recently reported its second-quarter earnings for 2025. The company’s net income attributable reached $1,355 million, marking a 33.5% increase compared to the same period in the previous year. In response to these positive results, Uber authorized a share repurchase program worth up to $20 billion.
Q2 Financial Performance
During the second quarter of 2025, Uber’s total revenue amounted to $12,651 million, representing an 18.2% increase compared to the previous year’s corresponding period. This growth was driven by a 19% expansion in its mobility business, which generated $7,288 million, and a 25% increase in its food delivery segment, which brought in $4,102 million.
However, the freight transportation division saw a slight decrease, with revenues totaling $1,261 million – 1% lower than the same period in the previous year.
Business Growth
Uber’s business experienced an 18% surge in trips, reaching 3.268 billion, and a 17% growth in gross bookings, which amounted to $46.756 billion. At the end of the quarter, Uber had 180 million monthly active users, a 15% increase from the previous period.
Six-Month Performance
Over the first six months of 2025, Uber reported a net income attributable of $3,131 million, compared to $361 million in the same period of the previous year. The company’s revenue also grew by 16% annually, reaching $24,184 million.
Q3 Expectations
Looking ahead to Q3 2025, Uber anticipates gross bookings between $48.25 billion and $49.75 billion, reflecting an annual growth rate of 17% to 21%, constant exchange rate.
Executive Statements
“Our platform strategy is proving successful, with record audience, frequency, and profitability in mobility and food delivery,” stated Dara Khosrowshahi, Uber’s CEO.
“The announcement of a new $20 billion share repurchase program underscores our confidence in the business, following another quarter of strong results,”
Prashanth Mahendra-Rajah, Uber’s CFO, added.
Key Questions and Answers
- What is Uber Technologies? Uber Technologies is a global leader in mobility and delivery services, connecting riders and drivers through its mobile apps.
- Why is Uber’s Q2 performance significant? The 33.5% increase in net income attributable and the authorization of a $20 billion share repurchase program demonstrate Uber’s financial strength and confidence in its future growth.
- What drove Uber’s revenue growth in Q2 2025? The growth was primarily fueled by a 19% expansion in the mobility business and a 25% increase in food delivery services.
- What are Uber’s expectations for Q3 2025? Uber anticipates gross bookings between $48.25 billion and $49.75 billion, reflecting an annual growth rate of 17% to 21%, constant exchange rate.
