We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
UBER Q2 Earnings & Revenues Top Estimates, Improves Year Over Year
Read MoreHide Full Article
Key Takeaways
{\"0\":\"UBER posted Q2 EPS of $0.63, up 34% Y/Y; revenue rose 18% to $12.65B, beating estimates.\",\"1\":\"Mobility and Delivery revenue grew 19% and 25% Y/Y, offsetting a 1% decline in Freight.\",\"2\":\"Q3 gross bookings guided to $48.25B-$49.75B, and adjusted EBITDA increased 30%-36% Y/Y.\"}
Uber Technologies(UBER - Free Report) reported solid second-quarter 2025 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share of 63 cents outpaced the Zacks Consensus Estimate by a penny and improved 34% year over year.
Total revenues of $12.65 billion outpaced the Zacks Consensus Estimate of $12.45 billion. The top line jumped 18% year over year on a reported basis and constant currency basis.
Uber Technologies, Inc. Price, Consensus and EPS Surprise
In the reported quarter, the majority (57.6%) of the company’s revenues came from Mobility. Revenues from this segment jumped 19% year over year on a reported basis and 18% on a constant currency basis to $7.28 billion. The actual segmental sales figure was above our expectation of $7.15 billion.
Revenues from the Delivery segment increased 25% year over year on a reported basis and 23% on a constant currency basis to $4.10 billion. The actual segmental sales figure was above our expectation of $3.90 billion.
Freight revenues were $1.26 billion, down 1% year over year on a reported basis as well as on a constant currency basis. The actual segmental sales figure was below our expectation of $1.29 billion.
Adjusted EBITDA in the second quarter surged 35% year over year to $2.11 billion. The reported figure lies within the guided range of $2.02-$2.12 billion.
Gross bookings from Mobility improved 16% year over year on a reported basis and 18% on a constant currency basis to $23.76 billion. Gross bookings from Delivery augmented 20% year over year on a reported basis and a constant currency basis to $21.73 billion. Gross bookings from Freight came in at $1.26 million in the second quarter, down 1% year over year on a reported basis and constant currency basis.
Total gross bookings ascended 17% year over year on a reported basis and 18% on a constant currency basis to $46.75 billion. The reported figure lies within the guided range of $45.75 billion-$47.25 billion.
Uber exited the second quarter with cash and cash equivalents of $6.43 billion compared with $5.13 billion at the end of the prior quarter. Long-term debt, net of the current portion, was $9.57 billion compared with $8.35 billion at the end of the prior quarter.
Operating cash flow came in at $2.56 billion in the reported quarter. The free cash flow was $2.47 billion.
UBER’s 3Q25 Guidance
For the third quarter of 2025, Uber expects gross bookings in the range of$48.25 billion to $49.75 billion, indicating year-over-year growth of 17-21% on a constant currency basis.
The adjusted EBITDA is estimated to be in the range of $2.19 billion to $2.29 billion, suggesting year-over-year growth of 30% to 36%.
Uber’s main competitor, Lyft (LYFT - Free Report) , is scheduled to report its second-quarter 2025 results on Aug. 6. The company has an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell) at present.
We expect Lyft's performance in the to-be-reported quarter to have been boosted by an uptick in total revenues. Its top-line growth is likely to have been driven by an increase in active riders as the ride-share market rebounds from the pandemic lows. High inflation might, however, hurt results in the to-be-reported quarter.
Another key player from the broader Computer and Technology sector, DoorDash (DASH - Free Report) , is scheduled to report second-quarter 2025 results on Aug. 6. DASH has an Earnings ESP of +3.03% and a Zacks Rank #1 at present.
The Zacks Consensus Estimate for the company’s second-quarter 2025 revenues is pegged at $3.16 billion, indicating year-over-year growth of 20.3%. For earnings, the consensus mark is pegged at 42 cents per share, implying a rise of more than 100% from the year-ago quarter’s actual. The company’s earnings beat the Zacks Consensus Estimate in two of the past four quarters and missed twice, with the average negative surprise being 48%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
UBER Q2 Earnings & Revenues Top Estimates, Improves Year Over Year
Key Takeaways
Uber Technologies(UBER - Free Report) reported solid second-quarter 2025 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share of 63 cents outpaced the Zacks Consensus Estimate by a penny and improved 34% year over year.
Total revenues of $12.65 billion outpaced the Zacks Consensus Estimate of $12.45 billion. The top line jumped 18% year over year on a reported basis and constant currency basis.
Uber Technologies, Inc. Price, Consensus and EPS Surprise
Uber Technologies, Inc. price-consensus-eps-surprise-chart | Uber Technologies, Inc. Quote
In the reported quarter, the majority (57.6%) of the company’s revenues came from Mobility. Revenues from this segment jumped 19% year over year on a reported basis and 18% on a constant currency basis to $7.28 billion. The actual segmental sales figure was above our expectation of $7.15 billion.
Revenues from the Delivery segment increased 25% year over year on a reported basis and 23% on a constant currency basis to $4.10 billion. The actual segmental sales figure was above our expectation of $3.90 billion.
Freight revenues were $1.26 billion, down 1% year over year on a reported basis as well as on a constant currency basis. The actual segmental sales figure was below our expectation of $1.29 billion.
Adjusted EBITDA in the second quarter surged 35% year over year to $2.11 billion. The reported figure lies within the guided range of $2.02-$2.12 billion.
Gross bookings from Mobility improved 16% year over year on a reported basis and 18% on a constant currency basis to $23.76 billion. Gross bookings from Delivery augmented 20% year over year on a reported basis and a constant currency basis to $21.73 billion. Gross bookings from Freight came in at $1.26 million in the second quarter, down 1% year over year on a reported basis and constant currency basis.
Total gross bookings ascended 17% year over year on a reported basis and 18% on a constant currency basis to $46.75 billion. The reported figure lies within the guided range of $45.75 billion-$47.25 billion.
Uber exited the second quarter with cash and cash equivalents of $6.43 billion compared with $5.13 billion at the end of the prior quarter. Long-term debt, net of the current portion, was $9.57 billion compared with $8.35 billion at the end of the prior quarter.
Operating cash flow came in at $2.56 billion in the reported quarter. The free cash flow was $2.47 billion.
UBER’s 3Q25 Guidance
For the third quarter of 2025, Uber expects gross bookings in the range of$48.25 billion to $49.75 billion, indicating year-over-year growth of 17-21% on a constant currency basis.
The adjusted EBITDA is estimated to be in the range of $2.19 billion to $2.29 billion, suggesting year-over-year growth of 30% to 36%.
UBER’s Zacks Rank
Currently, UBER carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Sectoral Players to Report Q2 results
Uber’s main competitor, Lyft (LYFT - Free Report) , is scheduled to report its second-quarter 2025 results on Aug. 6. The company has an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell) at present.
We expect Lyft's performance in the to-be-reported quarter to have been boosted by an uptick in total revenues. Its top-line growth is likely to have been driven by an increase in active riders as the ride-share market rebounds from the pandemic lows. High inflation might, however, hurt results in the to-be-reported quarter.
Another key player from the broader Computer and Technology sector, DoorDash (DASH - Free Report) , is scheduled to report second-quarter 2025 results on Aug. 6. DASH has an Earnings ESP of +3.03% and a Zacks Rank #1 at present.
The Zacks Consensus Estimate for the company’s second-quarter 2025 revenues is pegged at $3.16 billion, indicating year-over-year growth of 20.3%. For earnings, the consensus mark is pegged at 42 cents per share, implying a rise of more than 100% from the year-ago quarter’s actual. The company’s earnings beat the Zacks Consensus Estimate in two of the past four quarters and missed twice, with the average negative surprise being 48%.