{"id":63123,"date":"2025-08-06T17:46:13","date_gmt":"2025-08-06T17:46:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/63123\/"},"modified":"2025-08-06T17:46:13","modified_gmt":"2025-08-06T17:46:13","slug":"trips-surge-20-billion-stock-buyback-ceo-sees-no-slowdown","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/63123\/","title":{"rendered":"Trips Surge, $20 Billion Stock Buyback, CEO Sees No Slowdown"},"content":{"rendered":"\n<p class=\"yf-1090901\">Uber Technologies (NYSE: UBER) reported\u00a0<a href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/08\/b46890779\/uber-announces-results-for-second-quarter-2025?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=46902272\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:fiscal second-quarter;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">fiscal second-quarter<\/a> 2025\u00a0results on Wednesday. The company reported a quarterly revenue growth of 18% year-on-year to $12.65 billion, beating the\u00a0<a href=\"https:\/\/www.benzinga.com\/calendars\/earnings?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=46902272\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:analyst consensus estimate;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">analyst consensus estimate<\/a> of $12.46 billion.<\/p>\n<p class=\"yf-1090901\">Uber reported adjusted EPS of 63 cents, which beat the\u00a0analyst consensus estimate\u00a0of 62 cents.<\/p>\n<p class=\"yf-1090901\">Revenue from Mobility grew to $7.3 billion, up 19% Y\/Y. Delivery\u00a0was $4.1 billion, up 25%, and Freight was $1.3 billion, down 1% Y\/Y.<\/p>\n<p class=\"yf-1090901\">Also Read: <a href=\"https:\/\/www.benzinga.com\/markets\/tech\/25\/07\/46682004\/weride-and-uber-expand-robotaxi-reach-in-abu-dhabi?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=46902272\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:WeRide And Uber Expand Robotaxi Reach In Abu Dhabi;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">WeRide And Uber Expand Robotaxi Reach In Abu Dhabi<\/a><\/p>\n<p class=\"yf-1090901\">Gross Bookings grew 17%\u00a0Y\/Y\u00a0to $46.8 billion. Mobility Gross Bookings of $23.8 billion, up 16%\u00a0Y\/Y; Delivery Gross Bookings of $21.7 billion, up 20%; and Freight Gross Bookings of $1.3 billion, down 1% Y\/Y.<\/p>\n<p class=\"yf-1090901\">Trips grew 18% Y\/Y to 3.3 billion. Uber\u2019s Monthly Active Platform Consumers reached 180 million, up 15% Y\/Y.<\/p>\n<p class=\"yf-1090901\">Uber clocked an Adjusted EBITDA of $2.1 billion, up 35% Y\/Y, driven by Mobility. The\u00a0Adjusted EBITDA margin as a percentage of Gross Bookings was 4.5%, up from 3.9% Y\/Y.<\/p>\n<p class=\"yf-1090901\"><a href=\"https:\/\/www.benzinga.com\/stock\/UBER\/earnings\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:View more earnings on UBER;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">View more earnings on UBER<\/a><\/p>\n<p class=\"yf-1090901\">As of June 30, 2025, Uber held $7.4 billion in unrestricted cash and equivalents and generated $2.5 billion in free cash flow. Additionally, Uber approved an additional $20 billion buyback authorization for common stock.<\/p>\n<p class=\"yf-1090901\">CEO Dara Khosrowshahi emphasized that Uber\u2019s platform strategy is delivering results, with record user engagement, trip frequency, and profitability across both Mobility and Delivery segments. He highlighted that Uber is just beginning to tap into the platform\u2019s full potential, now partnering with 20 autonomous vehicle companies worldwide including Waymo, Apollo Go.<\/p>\n<p class=\"yf-1090901\">Khosrowshahi <a href=\"https:\/\/www.cnbc.com\/2025\/08\/06\/uber-stock-q2-2025-earnings.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:told;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">told<\/a> CNBC\u2019s Squawk Box that Uber hasn\u2019t seen signs of consumer weakness, describing current demand as stable\u2014an encouraging trend for the company.<\/p>\n<p class=\"yf-1090901\">Khosrowshahi also highlighted several new initiatives, including the launch of Senior Accounts with simplified app features, and a U.S. pilot that allows women riders and drivers to opt out of being paired with men when possible. Internationally, Uber Eats is outperforming ride-hailing in some markets, and the company is pushing for more cross-platform engagement to fuel growth.<\/p>\n<p class=\"yf-1090901\">Uber\u2019s robotaxi collaboration with Waymo went live in Austin earlier this year, ahead of Tesla\u2019s (NASDAQ:<a class=\"link \" href=\"http:\/\/finance.yahoo.com\/q?s=TSLA\" data-ylk=\"slk:TSLA;elm:context_link;itc:0;sec:content-canvas\" rel=\"nofollow noopener\" target=\"_blank\">TSLA<\/a>) autonomous launch.<\/p>\n<p class=\"yf-1090901\">Khosrowshahi welcomed Tesla\u2019s cautious entry into the market, saying competition will ultimately lead to safer streets\u2014a goal Uber aims to play a key role in.<\/p>\n<p class=\"yf-1090901\">Uber\u00a0expects\u00a0<a href=\"https:\/\/www.benzinga.com\/calendars\/guidance?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=46902272\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:fiscal third-quarter;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">fiscal third-quarter<\/a> 2025\u00a0gross bookings of $48.25 billion-$49.25 billion (implying 17%-21% growth) and adjusted EBITDA of $2.19 billion-$2.29 billion (signifying 30%-36% growth).<\/p>\n","protected":false},"excerpt":{"rendered":"Uber Technologies (NYSE: UBER) reported\u00a0fiscal second-quarter 2025\u00a0results on Wednesday. The company reported a quarterly revenue growth of 18%&hellip;\n","protected":false},"author":2,"featured_media":63124,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,46734,46732,46733],"class_list":["post-63123","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-dara-khosrowshahi","tag-gross-bookings","tag-uber-technologies"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/63123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=63123"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/63123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/63124"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=63123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=63123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=63123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}