Uber's second quarter 2026 revenue of $14.19 billion met Wall Street expectations, but the stock fell as investors worried about future growth and margin sustainability. Adjusted EPS was $0.81 versus estimates of $0.80, and adjusted EBITDA of $2.82 billion beat estimates by 1.6%. CEO Dara Khosrowshahi said gross bookings grew 22% year-on-year, with monthly active platform consumers up 28 million to 208 million. Management acknowledged competitive pressures in Brazil and ongoing investment in new initiatives as factors impacting near-term profitability.
Uber Technologies IncRevenue met estimates but growth concerns and margin sustainability worries drove shares down despite EPS and EBITDA beats.
