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Uber Bets on Loyalty Program to Drive Growth, Unveils US$20 Billion Buyback Plan
SAN FRANCISCO COUNTY, CALIFORNIA, AUG 6 – Uber's revenue rose 18% to $12.65 billion and monthly active users increased 15% to 180 million in Q2, prompting a $20 billion stock buyback authorization.
- On Wednesday, Uber Technologies reported fiscal second-quarter 2025 results, with revenue reaching $12.65 billion and authorized a $20 billion stock buyback.
- Rising demand propelled gross bookings up 17% to $46.8 billion, and monthly active platform consumers increased 15% to 180 million, Uber said.
- Uber disclosed segment revenues and free cash flow achievements, with adjusted earnings of $2.12 billion and an EBITDA margin of 4.5%.
- Shares have surged 48% this year as of Tuesday’s close, and Uber scheduled an analysts call at 8 a.m. ET to review results and outlook.
- Looking ahead, Uber expects fiscal third-quarter gross bookings of $48.25 billion to $49.25 billion and EBITDA of $2.19 billion to $2.29 billion, planning to expand through robotaxi partnerships in the coming years.
24 Articles
24 Articles
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Uber bets on loyalty program to drive growth, unveils US$20 billion buyback plan
Uber unveiled a US$20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ride-hailing and delivery services company benefits from growing adoption of its paid loyalty program.
Uber share price in focus as firm announces $20 billion buyback, solid Q3 growth forecast
Following better-than-expected Q2CY25 results, Uber's stock rose 4.9% in premarket trading. The ride-hailing firm reported a profit of $1.36 billion and an 18% revenue increase. For the current third quarter, Uber anticipates gross bookings of $48.25 billion to $49.75 billion.
Uber bets on loyalty program to drive growth, unveils $20 billion buyback plan
Uber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ride-hailing and delivery services company benefits from growing adoption of its paid loyalty program.The company said members for its $9.99 "Uber One" program jumped 60 p
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