Uber saw 3.3 billion trips booked in Q2, an 18% increase year over year
Uber posted strong second-quarter results, beating revenue expectations and announcing a bold $20 billion stock buyback.
The company reported a revenue of $12.65 billion, beating the forecast of $12.46 billion. This marks an 18% increase from $10.7 billion a year ago.
Gross bookings climbed 17% to $46.8 billion, while monthly active platform consumers hit 180 million, up 15% in Q2. The quarter saw 3.3 billion trips booked, an 18% increase year over year.
The ride-hailing app’s stock is up 48% so far in 2025.
Amid the strong performance, Uber is pushing deeper into autonomous mobility, partnering with 20 companies, including Waymo, and offering services in 12 cities.
Additionally, Uber invested $300 million into EV maker Lucid to build robotaxis. CEO Dara Khosrowshahi emphasized Uber’s growing focus on “physical world AI” as a long-term trend.