The company's gross bookings grew 16 percent year over year to 33.6 billion dollars, with mobility gross bookings of 16.7 billion dollars and delivery gross bookings of 15.6 billion dollars.
Trips during the quarter grew 22 percent year on year to 2.3 billion, or approximately 25 million trips per day on average, according to the results.
Net income attributable to Uber was 394 million dollars, which includes a 386 million dollars benefit (pre-tax) primarily due to net unrealized gains related to the revaluation of Uber's equity investments, the company said.
Uber's income from operations was 326 million dollars, up 1.0 billion dollars year over year and 588 million dollars quarter over quarter.
Net cash provided by operating activities was 1.2 billion dollars and free cash flow, defined as net cash flows from operating activities less capital expenditures, was 1.1 billion dollars.
Unrestricted cash, cash equivalents, and short-term investments were 5.5 billion dollars at the end of the second quarter.
For Q3 2023, the company anticipates gross bookings of 34.0 billion to 35.0 billion dollars.
"Robust demand, new growth initiatives, and continued cost discipline resulted in an excellent quarter, with trips up 22 percent and a GAAP operating profit, for the first time in Uber's history," said Uber CEO Dara Khosrowshahi.
"The unique power of the Uber platform and the team's relentless focus on profitable growth was on full display in Q2, with record profitability and over 1 billion dollars of quarterly free cash flow," said Uber CFO Nelson Chai.
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