Uber reports EPS in-line, beats on revs; provides Q3 guidance; New share repurchase program authorized up to an additional $20 billion of common stock (89.39 0.96)
- Reports Q2 (Jun) earnings of $0.63 per share, in-line with the FactSet Consensus of $0.63; revenues rose 18.2% year/year to $12.65 bln vs the $12.47 bln FactSet Consensus.
- Gross Bookings grew 17% YoY to $46.8 billion, or 18% on a constant currency basis.
- Adjusted EBITDA grew 35% YoY to $2.1 billion. Adjusted EBITDA margin as a percentage of Gross Bookings was 4.5%, up from 3.9% in Q2 2024.
- Guidance: "For Q3 2025, we anticipate: Gross Bookings of $48.25 billion to $49.75 billion, representing growth of 17% to 21% YoY on a constant currency basis. Our outlook assumes a neutral to modestly positive FX impact to total reported YoY growth. As a reminder, our outlook includes the contribution from the close of the Trendyol Go acquisition; excluding this, our growth outlook would be 16% to 20% YoY on a constant-currency basis (consistent with the prior quarter). Adjusted EBITDA of $2.19 billion to $2.29 billion, which represents 30% to 36% YoY growth."
- New share repurchase program authorized up to an additional $20 billion of common stock.