Rides (Mobility) is still Uber’s bigger and more profitable business: $29.0B of bookings and $2.2B of segment operating income in Q2 2026. Uber Eats (Delivery) is close behind on bookings ($27.5B) and growing faster (+26% vs +22%), with $1.1B of segment operating income.
Sources: Uber Q2 2026 earnings release (Form 8-K, SEC EDGAR). Analysis by The Business Engineer.
How we source: figures on this page come from the company’s own filings (SEC 10-K, 10-Q and earnings releases, or its annual report), with the period stated next to each number. Last refreshed October 2026. Our methodology.
Company explainer · Uber, explained
A 3-minute explainer of Uber's business model and latest numbers, built from its SEC filings. Analysis by The Business Engineer.
Indeed, in 2021, driven by the COVID-19 pandemic, Uber Eats accelerated as the mobility platform slowed down. However, in 2022, the mobility platform is again the leading segment, which generated $14 billion, compared to $10.9 billion from Uber Eats.
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More on Uber vs. Uber Eats and its peers
Rides vs Uber Eats, by the numbers
The two businesses share one app, one account and one network of drivers and couriers, but their economics differ. Rides keep a larger share of each booking (about 25% in Q2 2026) than delivery (about 19%), because delivery has to pay couriers and also share value with restaurants.
Profit follows: Mobility earned $2,215 million of segment operating income in Q2 2026, Delivery $1,055 million. As a share of bookings, that is about 7.6% for rides and 3.8% for delivery.
Delivery’s advantage is growth and frequency: groceries, retail and advertising widen what it can sell, and people who use both services use Uber more often. More: take rates compared, bookings compared.
Earlier figures and background
In 2023, the Uber mobility platform nearly generated $20 billion in revenue, compared to $12.2 billion from the delivery platform.
The delivery platform had become instrumental during the pandemic years. Yet, by 2023, the mobility platform is again the core of the Uber Business Model.
Frequently asked questions
Which makes more money, Uber rides or Uber Eats?
Rides. Mobility made $29.7B of revenue in 2025 vs $17.2B for Delivery, and $2.2B vs $1.1B of segment operating income in Q2 2026.
Which is growing faster?
Uber Eats: Delivery bookings grew 26% and revenue 28% in Q2 2026, against 22% and 1% for rides.
