Uber Reports 18% Revenue Growth to $12.7 Billion in Q2 2025, Announces $20 Billion Share Repurchase

San Francisco – Uber Technologies, Inc. (NYSE: UBER) has announced robust financial results for the second quarter ended June 30, 2025, demonstrating significant growth across its Mobility and Delivery segments. The company reported an 18% year-over-year increase in revenue, reaching $12.7 billion, alongside a substantial rise in profitability and operational metrics. This performance stands in stark contrast to a recent social media post by user Farzad, who stated, "> Uber is dead."

The ride-hailing and food delivery giant saw its income from operations surge by 82% year-over-year to $1.5 billion. Adjusted EBITDA also grew by 35% to $2.1 billion, reflecting strong operational efficiency. Trips on the platform increased by 18% year-over-year to 3.3 billion, driven by a 15% growth in Monthly Active Platform Consumers (MAPCs).

Gross Bookings for the quarter reached $46.8 billion, marking a 17% increase from the previous year. Mobility Gross Bookings rose by 16% to $23.76 billion, while Delivery Gross Bookings saw a 20% jump to $21.73 billion. This diversification across its core offerings continues to underpin Uber's financial health.

Dara Khosrowshahi, Uber's CEO, emphasized the success of the company's platform strategy, stating, "Our platform strategy is working, with record audience, frequency, and profitability across Mobility and Delivery." He also highlighted the ongoing expansion of the platform's potential, including partnerships with 20 autonomous entities globally.

Further underscoring confidence in its financial stability, Uber's Board of Directors authorized a new $20 billion share repurchase program. Prashanth Mahendra-Rajah, CFO, noted that the trailing twelve-month free cash flow hit a new all-time high of $8.5 billion, reinforcing the company's commitment to "driving durable, profitable growth." For the third quarter of 2025, Uber anticipates Gross Bookings between $48.25 billion and $49.75 billion, projecting continued growth.