Overview

• Uber’s second-quarter revenue rose 18% to $12.65 billion, delivering a net income of $1.36 billion and an adjusted EBITDA of $2.12 billion.
• The company authorized a new $20 billion stock repurchase program, reflecting confidence in its cash-generation capacity.
• Uber raised its third-quarter gross bookings forecast to a range of $48.25 billion to $49.75 billion, exceeding analysts’ estimates.
• Monthly active platform consumers grew 15% year over year to 180 million, while Uber One membership jumped 60% to over 36 million and now accounts for more than one-third of total bookings.
• The firm deepened its robotaxi strategy by maintaining partnerships with 20 autonomous technology companies and engaging banks and private equity firms to secure financing for future deployments.