Slide 1: Uber Technologies, Inc. Q2 2025 Earnings Supplemental Data
Uber Technologies, Inc. August 6, 2025 Q2 2025 Earnings Supplemental Data 1
Slide 2: Non-GAAP Financial Measures Disclosure
Non-GAAP Financial Measures Disclosure To supplement our financial information, which is We believe that both management and investors benefit For more information on these non-GAAP financial prepared and presented in accordance with generally from referring to these non-GAAP financial measures in m
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements offerings, our ability to attract drivers, consumers and regarding our future business expectations, which involve other partners to our platform, our brand and reputation, risks and uncertainties. Actual results may di
Slide 4: Platform and Business Highlights
Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Q2 2025 Earnings 4
Slide 5: Uber's unique advantage is the power of our platform
Uber's unique advantage is the power of our platform 2022 2024 2025 30% of eligible¹ Mobility riders Top Tabs Cross-Sells Mixed Feed have never tried Delivery Created two tabs for Eats Introduced cross-selling Evolving Uber app into a gateway & Rides in the Uber app Eats on Rides trips to entire Ube
Slide 6: Uber One continues to innovate to drive cross-platform engagement
Uber One continues to innovate to drive cross-platform engagement Member Days Mobility Surge Savings 36M Members 40%+ of combined Delivery & Mobility Bookings Mobility Savings on Launched premium offers Delivery favorites in the US Q2 2025 Earnings 6
Slide 7: Uber is leading the commercialization of AV technology
Uber is leading the commercialization of AV technology 20 12 ~5 4K+ Partners across Cities with live Mobility Additional cities with Delivery merchant Mobility, Delivery, and/or Delivery deployments Mobility deployments storefronts Freight across 3 countries expected in 2025 Q2 2025 Earnings 7
Slide 8: Financial and Operational Highlights
Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Q2 2025 Earnings 8
Slide 9: Operating Metrics
Operating Metrics Figures in Millions, excluding Monthly Trips / MAPC +15% 180 171 170 156 161 MAPCs % Growth YoY 14% 13% 14% 14% 15% MAPCs Growth YoY Monthly Trips / MAPC % Growth YoY 5.9 5.9 6.0 6.0 6.1 +2% Frequency Growth YoY 6% 4% 3% 3% 2% +18% 3,268 3,068 3,036 2,765 2,868 Trips % Growth YoY 2
Slide 10: Gross Bookings
Gross Bookings $ in Millions $46,756 $44,197 $42,818 $40,973 $39,952 +18% Gross Bookings Constant Currency Growth YoY Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 19% 16% 18% 14% 17% % Growth YoY 21% 20% 21% 18% 18% % Constant Currency Growth YoY Note 1: We define Gross Bookings as the total dollar value
Slide 11: Revenue
Revenue $ in Millions $12,651 $11,959 $11,533 $11,188 $10,700 +18% Revenue Constant Currency Growth YoY Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 16% 20% 20% 14% 18% % Growth YoY 17% 22% 21% 17% 18% % Constant Currency Growth YoY Q2 2025 Earnings Note 1: "% Constant Currency Growth YoY" is calculated
Slide 12: Adjusted EBITDA
Adjusted EBITDA $ in Millions 4.5% 4.4% 4.2% 4.1% +35% $2,119 3.9% $1,842 $1,868 $1,690 $1,570 Adjusted EBITDA Growth YoY Adjusted EBITDA Margin as a % of Gross Bookings Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 71% 55% 44% 35% 35% % Growth YoY Note 1: We define Adjusted EBITDA as net income (loss), e
Slide 13: Segment Details
Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Q2 2025 Earnings 13
Slide 14: Mobility Highlights
Mobility Highlights $ in Millions $22,798 $23,762 +18% $20,554 $21,002 $21,182 Gross Bookings % Constant Currency Growth YoY 27% 24% 24% 20% 18% Gross Bookings Constant 30.7% 30.7% 30.5% 30.3% Currency Growth YoY 29.8% $6,911 $7,288 $6,134 $6,409 $6,496 Revenue % Constant Currency Growth YoY 27% 29%
Slide 15: Delivery Highlights
Delivery Highlights $ in Millions $21,734 +20% $20,126 $20,377 $18,126 $18,663 Gross Bookings % Constant Currency Growth YoY 17% 17% 18% 18% 20% Gross Bookings Constant Currency Growth YoY 18.6% 18.7% 18.9% 18.5% 18.2% Revenue $3,773 $3,777 $4,102 % Constant Currency $3,293 $3,470 Growth YoY 9% 19%
Slide 16: Freight Highlights
Freight Highlights $ in Millions $1,273 $1,309 $1,275 $1,260 $1,261 Revenue % Constant Currency Growth YoY (1%) 2% 0% (1%) (1%) Adjusted ($12) ($19) ($22) ($7) ($6) EBITDA Adjusted EBITDA: Segment Adjusted (0.9%) (0.6%) (0.5%) EBITDA Margin as a % of Revenue (1.5%) (1.7%) Q2 2024 Q3 2024 Q4 2024 Q1
Slide 17: Condensed Consolidated Financials
Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Q2 2025 Earnings 17
Slide 18: Condensed Consolidated Statements of Operations
Three Months Ended June 30, Six Months Ended June 30, Condensed 2024 2025 2024 2025 Consolidated Revenue $10,700 $12,651 $20,831 $24,184 Costs and expenses Statements of Cost of revenue, exclusive of depreciation and amortization shown separately below 6,488 7,611 12,656 14,548 Operations and suppor
Slide 19: Condensed Consolidated Balance Sheets
As of December 31, As of June 30, Condensed Assets 2024 2025 Consolidated Cash and cash equivalents $5,893 $6,438 Balance Sheets Short-term investments 1,084 932 Restricted cash and cash equivalents 545 1,191 (Unaudited) Accounts receivable, net 3,333 3,769 Prepaid expenses and other current assets
Slide 20: Condensed Consolidated Balance Sheets (Continued)
Continued: As of December 31, As of June 30, Condensed 2024 2025 Consolidated Liabilities, redeemable non-controlling interests and equity Accounts payable $858 $1,022 Balance Sheets Short-term insurance reserves 2,754 3,107 Operating lease liabilities, current 175 176 (Unaudited) Accrued and other
Slide 21: Condensed Consolidated Statements of Cash Flows
Three Months Ended June 30, Six Months Ended June 30, Condensed 2024 2025 2024 2025 Consolidated Cash flows from operating activities Net income including non-controlling interests $1,008 $1,350 $345 $3,124 Statements of Adjustments to reconcile net income to net cash provided by operating activitie
Slide 22: Condensed Consolidated Statements of Cash Flows (Continued)
Continued: Three Months Ended June 30, Six Months Ended June 30, Condensed 2024 2025 2024 2025 Consolidated Cash flows from investing activities Purchases of property and equipment ($99) ($89) ($156) ($163) Statements of Purchases of non-marketable equity securities (58) (12) (232) (191) Purchases o
Slide 23: Non-GAAP Reconciliations
Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Q2 2025 Earnings 23
Slide 24: Adjusted EBITDA Reconciliation (Unaudited)
Adjusted EBITDA Reconciliation (Unaudited) $ in Millions Three Months Ended Jun 30, ‘24 Sept 30, ‘24 Dec 31, ‘24 Mar 31, ‘25 Jun 30, ‘25 Mobility $1,567 $1,682 $1,769 $1,753 $1,905 Delivery 588 628 727 763 873 Freight (12) (19) (22) (7) (6) Corporate G&A and Platform R&D (573) (601) (632) (641) (653
Slide 25: Adjusted EBITDA Reconciliation - TTM (Unaudited)
Adjusted EBITDA Reconciliation - TTM (Unaudited) $ in Millions Trailing Twelve Months (TTM) Ended Jun 30, ‘24 Sept 30, ‘24 Dec 31, ‘24 Mar 31, ‘25 Jun 30, ‘25 Adjusted EBITDA $5,327 $5,925 $6,484 $6,970 $7,519 Add (deduct): Legal, tax, and regulatory reserve changes and settlements (575) (588) (1,12
Slide 26: Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited)
Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) $ in Millions Three Months Ended Jun 30, ‘24 Sept 30, ‘24 Dec 31, ‘24 Mar 31, ‘25 Jun 30, ‘25 Revenue $10,700 $11,188 $11,959 $11,533 $12,651 GAAP Cost of Revenue, excluding D&A 6,488 6,761 7,234 6,937 7,611 Legal, tax, and regulatory
Slide 27: Non-GAAP Costs and Operating Expenses Reconciliations (Continued)
Continued: Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) $ in Millions Three Months Ended Jun 30, ‘24 Sept 30, ‘24 Dec 31, ‘24 Mar 31, ‘25 Jun 30, ‘25 GAAP Sales and marketing $1,115 $1,096 $1,209 $1,057 $1,210 Stock-based compensation (24) (23) (23) (24) (28) Non-GAAP Sales and
Slide 28: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation $ in Millions Three Months Ended Jun 30, ‘24 Sept 30, ‘24 Dec 31, ‘24 Mar 31, ‘25 Jun 30, ‘25 Free Cash Flow reconciliation: Net cash provided by operating activities 1,820 2,151 1,750 2,324 2,564 Purchases of property and equipment (99) (42) (44) (74) (89) Free Cash Fl