Uber said it added more first-time users during the past 12 months than in any comparable period over the previous five years, while trailing-12-month free cash flow exceeded $10 billion for the first time in company history, pairing record platform engagement with a substantially larger cash-generation base. Monthly Active Platform Consumers increased 16% year-over-year to 208 million during Q2 2026. Trips increased 18% to approximately 3.87 billion, while monthly trips per consumer increased another 2%. Gross bookings increased 24% to approximately $58.0 billion, or 22% on a constant-currency basis. Revenue increased 12% to $14.19 billion, with business-model changes reducing reported and constant-currency revenue growth by eight percentage points. Growth was broad across Uber’s major marketplaces. Mobility gross bookings increased 22% to approximately $28.99 billion, Delivery gross bookings grew 26% to $27.46 billion and Freight bookings increased 25% to $1.57 billion. Delivery revenue increased 28% to $5.25 billion, while Mobility revenue increased 1% to $7.36 billion and was flat in constant currency. Freight revenue increased 26% to $1.58 billion. Profit growth continued to outpace revenue. GAAP income from operations increased 30% to $1.89 billion, while non-GAAP operating income increased 40% to $2.14 billion. Adjusted EBITDA increased 33% to $2.82 billion. Uber generated approximately $2.86 billion of operating cash flow and $2.79 billion of free cash flow in Q2. During the first half of 2026, operating cash flow reached $5.21 billion and free cash flow totaled $5.08 billion. That quarterly generation helped push trailing-12-month free cash flow above $10 billion for the first time. Management said the expanding cash base provides flexibility to continue investing in future growth, pursue strategic opportunities and reduce the company’s share count. Uber spent approximately $518 million repurchasing common stock during Q2 and about $3.53 billion during the first six months of 2026. The company ended Q2