UBER · Q2 2026

Archived report (Q2 2026). Latest deep dive →

US GAAP, Q2 2026 · released Aug 6

The quarter in brief

A structurally healthy quarter — Delivery segment profit surged 38% and Mobility margins expanded on lower UK driver payouts, but reported net income of $2,394M (+77%) is heavily inflated by a $1.6B non-cash gain on equity securities (Delivery Hero, Aurora) that masks more modest operating income growth (+30.3% to $1,890M).

Net Income (Uber)

$2,394M

up 76.7% y/y

Revenue

$14,191M

up 12.2% y/y

Income from Operations

$1,890M

up 30.3% y/y

Gross Profit

$6,376M

up 26% y/y

All figures in $M.

Sankey diagram of UBER earnings report for Q2 2026: revenue, costs and profit
Line item	Amount and change
Mobility	$7,363 · +1%
Delivery	$5,245 · +28%
Freight	$1,583 · +26%
Revenue	$14,191 · +12.2%
Cost of Revenue	$7,815 · +3%
Gross Profit	$6,376 · +26% · 45% margin
Opex (S&M+Ops+G&A+D&A)	$4,486 · +22%
Income from Operations	$1,890 · +30.3% · 13.3% margin
Other Income, Net*	$1,387 · incl. $1.6B equity gains*, net of $127M interest expense and $172M interest income
Pre-Tax Income	$3,277 · +118%
Income Tax	$883
Net Income (Uber)	$2,394 · +76.7% · $1.17 diluted EPS

Verdict: a structurally healthy quarter — Delivery segment profit surged 38% and Mobility margins expanded on lower UK driver payouts, but reported net income of $2,394M (+77%) is heavily inflated by a $1.6B non-cash gain on equity securities (Delivery Hero, Aurora) that masks more modest operating income growth (+30.3% to $1,890M).

OCF (6mo) $5,213M · buyback $510M in Q2 ($15.7B remaining authorization) · Free cash flow (6mo) $5,078M · no dividend

Source and notation

* marks non-cash / ≈ estimated. Source: Uber Technologies press release / 10-Q (SEC EDGAR).

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UBER — Uber Technologies operates a digital platform for ride-hailing, food delivery, and freight services.

The company is based in San Francisco, California, and operates globally.

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UBER · Q2 2026

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