Uber Technologies reported strong growth in customer activity on Wednesday, 5 August 2026, while confirming that autonomous vehicles will become an increasingly important part of its long-term business strategy.
The ride-hailing and delivery company recorded gross bookings of approximately $58.02 billion during the second quarter. This represented an increase of 24% compared with the corresponding period last year and exceeded analysts’ expectations.
Uber’s quarterly revenue rose by 12% to approximately $14.19 billion. The company completed about 3.9 billion trips during the quarter, an increase of 18%, while the number of monthly active platform customers grew by 16%.
Its delivery division was one of the strongest performers. Delivery revenue increased by 28% to approximately $5.24 billion as customers continued using Uber Eats and other delivery services. Revenue from the company’s mobility business, which includes ride-hailing operations, reached about $7.36 billion.
Uber reported quarterly profit of approximately $2.39 billion, or $1.17 per share. This included a pre-tax gain of around $1.6 billion connected to changes in the value of the company’s equity investments.
Alongside the financial results, Uber reinforced its plan to invest heavily in robotaxi technology. The company is expected to spend more than $10 billion over several years on autonomous vehicles, supporting infrastructure and investments in technology partners.
The strategy represents an important shift for Uber. The company traditionally operated an asset-light business in which drivers supplied their own vehicles. Greater involvement in robotaxi fleets could require Uber to own or finance more vehicles, introducing additional costs but potentially reducing its long-term dependence on human drivers.
Uber is working with several autonomous-vehicle developers and manufacturers, including Wayve, Waymo, Rivian, Lucid, Baidu and WeRide. Its goal is to make the Uber application a major platform through which customers can book rides from different robotaxi operators.
The company expects third-quarter gross bookings to reach between $58.25 billion and $60.25 billion. However, investors remained cautious because Uber’s projected quarterly earnings were weaker than some analysts had expected, while spending on autonomous vehicles could increase operating costs.
The announcement is important for the global business sector because robotaxis could transform ride-hailing, vehicle manufacturing, insurance and urban transportation. Uber’s investment plans will intensify its competition with companies such as Alphabet-owned Waymo, Tesla and other autonomous-driving developers.
