Uber repurchases $20B in shares following strong quarterly earnings

06/08/2025 Argaam
Logo ofUber

Logo of Uber


Uber plans to repurchase $20 billion worth of shares, signaling CEO Dara Khosrowshahi’s strong confidence in the company’s continued growth prospects—despite rising concerns over a slowdown in US consumer spending.

 

The new buyback program is nearly three times the size of Uber’s previous repurchases, which totaled $7 billion. The move comes on the back of solid financial performance, as net income surged 33% year-on-year (YoY) in Q2 2025 to $1.4 billion.

 

The company also issued upbeat guidance for Q3 2025, projecting gross bookings in the range of $48.5 billion to $49.8 billion, surpassing analysts’ average estimate of $47.5 billion.

 

In the earnings statement released today, Aug. 6, Khosrowshahi said global mobility growth is expected to remain stable in Q3 2025 and expressed confidence in a pickup in booking growth in the US market.

 

Uber’s gross bookings in Q2 2025 rose 17% YoY to $46.8 billion.

 

 Monthly active users across the platform increased 15% to 180 million, while completed trips climbed 18% to 3.3 billion.

 

 Q2 2025 results

Item

 

 

Q2 2025

   

Q2 2024

   

Expectations

   

Change

Total Revenue
($ bIn)

 

 

12.65

   

10.7

   

12.46

   

+18%

Net profit
($ bIn)

 

 

1.36

   

1.02

   

--

   

+33%

Adjusted Earnings per Share (cent)

 

 

63

   

47

   

63

   

+34%

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.