Uber reported its Q2 2025 results, exceeding revenue expectations with sales reaching $12.65 billion, marking an 18.2% year-on-year increase.

The company's GAAP profit was $0.63 per share, aligning with analysts' consensus estimates.

Despite the positive revenue growth, Uber's stock traded down 1.1% to $88.45 immediately following the Q2 results, reflecting some market disappointment regarding EBITDA performance.

Uber's free cash flow for the last quarter reached $2.5 billion, contributing to a record total of $8.5 billion over the past 12 months.

Operating income surged by 82% to $1.5 billion, while adjusted EBITDA grew by 35% to $2.1 billion, improving the margin on gross bookings from 3.9% to 4.5%.

Adjusted EBITDA for the quarter was $2.12 billion, consistent with analysts' expectations, maintaining a margin of 16.7%.

The number of Uber's monthly active platform consumers increased by 15% to 180 million, with users booking approximately 3.3 billion trips during the quarter, an 18% increase from the previous year.

The operating margin improved to 11.5%, up from 7.4% in the same quarter last year.

CFO Prashanth Mahendra-Rajah stated that the $20 billion share buyback program reflects Uber's confidence in its business following robust revenue growth.

Following its financial performance, Uber's market capitalization stood at $186.9 billion.

Uber's stock has risen by 48% year-to-date, significantly outperforming the Nasdaq's 8% gain during the same period.

CEO Dara Khosrowshahi noted a record audience and stable consumer demand, indicating no signs of weakness in the market.