Uber Reports Record Q2 2026 Growth with $58 Billion in Gross Bookings — Uber Technologies, Inc.

Event summary

Uber reported a 24% YoY increase in gross bookings to $58 billion for Q2 2026.
Trips grew 18% YoY to 3.9 billion, driven by a 16% increase in monthly active platform consumers (MAPCs).
Non-GAAP EPS grew 35% YoY to $0.81, with trailing twelve-month free cash flow exceeding $10 billion for the first time.
Adjusted EBITDA margin increased to 4.9% from 4.5% in Q2 2025.

The big picture

Uber's Q2 2026 results highlight the company's ability to convert strong top-line growth into faster earnings and significant cash generation. The strategic focus on cross-platform integration and autonomous vehicles positions Uber to capitalize on long-term market trends in mobility and delivery services. With a robust financial foundation, Uber is well-positioned to pursue strategic opportunities while maintaining profitability.

What we're watching

Cross-Platform Strategy: How Uber's acceleration of its cross-platform strategy will impact global scale and profitability.
Autonomous Vehicles: The pace at which Uber can build the world’s largest platform for autonomous vehicles.
Cash Flow Utilization: Whether Uber can sustain its significant cash generation while continuing to invest in future growth.