UBER
Uber Technologies Q2 FY26 earnings
Revenue $14.2B, up 12% from a year ago. Net income $2.4B.
Uber grew revenue 12% to $14.2B in the June quarter. Mobility was $7.4B, 52% of revenue, up 1%; Delivery grew 28% to 37% of revenue. Net income came in at $2.4B, a 17% margin, up 77%.
Delivery: $17.2B in FY25, from $0.8B in FY18.
Uber's Delivery segment brought in $17.2B in FY25, against $0.8B in FY18. The early years are drawn as Uber restated them in the FY2020 10-K, so the whole line sits on one presentation basis.
Where the revenue came from
| Segment | Amount | % of revenue% | Y/Y |
|---|---|---|---|
| Mobility | $7.4B | 51.9% | +1% |
| Delivery | $5.2B | 37.0% | +28% |
| Freight | $1.6B | 11.2% | +26% |
The quarter, line by line
| Line | Amount | % of revenue% | Y/Y |
|---|---|---|---|
| Revenue | $14.2B | +12% | |
| Cost of revenue | $7.8B | 55.1% | +3% |
| Gross profit † | $6.4B | 44.9% | +27% |
| Operating expenses † | $4.5B | 31.6% | +25% |
| Operating income | $1.9B | 13.3% | +30% |
| Pretax income | $3.3B | 23.1% | |
| Income tax | $840M | 5.9% | +492% |
| Net income | $2.4B | 17.0% | +79% |
† The filing doesn't print this line. We calculated it from the filed figures; it adds up to the dollar.
The last 8 quarters
| Quarter ended | Revenue | Net income | Net margin |
|---|---|---|---|
| Jun 30, 2026 | $14.2B | $2.4B | 17.0% |
| Mar 31, 2026 | $13.2B | $282M | 2.1% |
| Dec 31, 2025 | $14.4B | $317M | 2.2% |
| Sep 30, 2025 | $13.5B | $6.7B | 49.4% |
| Jun 30, 2025 | $12.7B | $1.4B | 10.7% |
| Mar 31, 2025 | $11.5B | $1.8B | 15.4% |
| Dec 31, 2024 | $12.0B | $6.9B | 57.7% |
| Sep 30, 2024 | $11.2B | $2.6B | 23.2% |