NYSE$UBER

Uber Technologies Inc. · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Uber reported strong Q2 2026 growth with 18% more trips and 22% higher constant-currency gross bookings year-over-year.

Uber delivered record results for the quarter ended June 30, 2026, with revenue reaching $14.2 billion and GAAP operating income of $1.9 billion. Trips grew 18% to 3.9 billion while MAPCs rose 16% to 208 million. Non-GAAP EPS increased 35% to $0.81 and free cash flow reached $2.8 billion.

  • Trips grew 18% YoY to 3.9 billion and MAPCs grew 16% YoY to 208 million.
  • Gross Bookings rose 24% YoY to $58.0 billion (22% constant currency).
  • GAAP operating income reached $1.9 billion and Non-GAAP operating income grew 40% to $2.1 billion.
  • Free cash flow was $2.8 billion and trailing twelve-month free cash flow exceeded $10 billion for the first time.

Headline financials

Total Revenue

$14.2B

Previous: $12.7B+12.2%
EPS (adj)

$0.81

Previous: $0.63+28.6%
MAPCs

208.0M

No prior period
Trips

3.9B

No prior period
Free Cash Flow

$2.79B

Previous: $1.19B+134.2%
Net Income

$2.39B

Previous: $1.36B+76.7%
Operating Income

$1.89B

Previous: $1.45B+30.3%
Cash & Equivalents

$4.87B

Previous: $6.44B-24.4%

Revenue & EPS history

Uber · Revenue · Quarterly

$14.2B

Q2 2026+12.2%vs Q2 2025
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

Uber · $14.2B total across 3 segments · Q2 2026

  • Mobility
    $7.36B
  • Delivery
    $5.25B
  • Freight
    $1.58B

Forward guidance

For Q3 2026, Uber expects Gross Bookings of $58.25–60.25 billion (18–22% constant-currency growth) and Non-GAAP EPS of $0.84–0.88 (28–35% growth).

Tailwinds

  • Continued strong top-line growth converting to earnings expansion
  • Record consumer engagement and first-time user additions

Headwinds

  • Approximately 1 percentage-point currency headwind assumed

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.8%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.0%

Avg return

30 days after

50%

17 / 34 earnings

Positive

+22.7%

Q2 2022

Best reaction

-13.9%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-0.1%+4.3%-2.9%
Q4 2025-7.2%-5.2%-3.6%
Q3 2025-6.3%-7.8%-8.8%
Q2 2025-0.2%+1.3%+1.8%
Q1 2025-1.8%+2.6%-0.3%
Q4 2024-7.6%+12.7%+9.3%
Q3 2024-7.8%-6.6%-9.4%
Q2 2024+12.1%+17.2%+21.8%
Q1 2024-3.5%-6.3%-1.6%
Q4 2023+1.6%-1.9%+11.7%
Q3 2023+2.8%+7.1%+26.7%
Q2 2023-5.1%-8.6%-4.5%
Q1 2023+15.6%+15.3%+17.5%
Q4 2022+2.8%-4.2%-10.9%
Q3 2022+8.4%+6.8%+6.7%
Q2 2022+22.7%+30.1%+17.6%
Q1 2022-9.0%-21.8%-18.1%
Q4 2021-1.5%-9.8%-19.8%
Q3 2021+3.2%-0.5%-21.6%
Q2 2021+0.7%+1.1%-5.8%
Q1 2021-12.0%-13.6%-5.3%
Q4 2020+1.8%+1.7%+1.2%
Q3 2020+9.5%+14.7%+33.8%
Q2 2020-0.9%-6.0%+0.1%
Q1 2020+17.9%+16.5%+33.8%
Q4 2017-2.5%-6.5%-24.9%
Q4 2019+10.4%+12.1%-13.9%
Q3 2018-13.3%-13.1%-7.8%
Q3 2019-10.7%-13.9%-7.4%
Q2 2018-13.9%-21.0%-25.9%
Q2 2019+0.9%-8.2%-19.7%
Q4 2018+9.1%+7.1%+7.2%
Q1 2018+9.1%+7.1%+7.2%
Q1 2019+1.2%+7.0%+16.1%
Q3 2017
Q2 2017
Q1 2017

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