Uber posted record Q2 2026 results with $14.2 billion in revenue and $0.81 non-GAAP EPS, roughly in line with consensus estimates. The company’s trailing twelve-month free cash flow exceeded $10 billion for the first time in company history, a major milestone that transforms the capital allocation conversation. Revenue grew approximately 12% year-over-year and $1 billion sequentially from Q1, driven by both Mobility and Delivery segments. Uber has invested in share repurchases, autonomy and artificial intelligence, while quarterly free cash flow has been running in the $2.3 to $2.5 billion range. Despite the milestone cash generation, Uber made zero public moves toward crypto assets or blockchain integration during this earnings cycle, though analysts note that even a modest Bitcoin allocation would represent a significant institutional inflow.
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