Uber Q2 FY2026: revenue $14.19B, up 12.0%; non-GAAP EPS $0.81
Uber's second quarter of FY2026 was a strong operating quarter wrapped in a noisy headline: revenue rose 12.0% to $14.19 billion and non-GAAP EPS reached $0.81, while GAAP EPS of $1.17 leaned on a $1.6 billion pre-tax gain on equity stakes. Read this quarter on non-GAAP operating income of $2.14 billion, up 40.0%, and free cash flow of $2.79 billion, not on GAAP net income of $2.39 billion.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $1.17 versus $0.63 a year ago looks spectacular, but $1.6 billion of the quarter's $2.39 billion net income was a pre-tax mark-up on equity investments rather than money earned from rides and deliveries. Non-GAAP EPS was $0.81, fractionally below the $0.8177 consensus estimate, and up 35.0% year-over-year.
Revenue came in at $14.19 billion, up 12.0% from $12.65 billion a year ago, but management says business model changes cut 8 percentage points off that reported growth rate. The mix is telling: Delivery revenue rose 28.0% and Freight 26.0%, while Mobility, the biggest segment at $7.36 billion, grew just 1.0%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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