Uber Technologies Inc. Reports Strong Q2 2025 Financial Results

Uber Technologies Inc. announced on Wednesday an impressive 18% annual increase in its second-quarter revenue for fiscal year 2025, reaching $12.7 billion. This performance aligns closely with analysts' expectations, highlighting the company's continued growth trajectory.

Net income saw a significant rise of 33% to $1.35 billion, with diluted earnings per share (EPS) at $0.63, marking a 34% increase from the previous year's same quarter.

Key Performance Indicators

The company also reported a 17% year-on-year growth in gross bookings, totaling $46.8 billion, and an 18% increase in trips, amounting to 3.3 billion. Looking ahead, Uber anticipates gross bookings for the third quarter to grow between 17% and 21%, projecting figures between $48.25 billion and $49.75 billion.

Leadership's Confidence in Future Growth

"Our announcement of a new $20 billion share repurchase authorization reflects our strong belief in Uber's business model, following another quarter of outstanding performance. With trailing twelve-month free cash flow reaching a record $8.5 billion, we are focused on sustaining long-term, profitable growth," stated CFO Prashanth Mahendra-Rajah.

Despite the positive financial results, Uber's shares experienced a slight 1% decline in premarket trading post-announcement.