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Anthony Di Pizio, The Motley Fool
Sat, August 15, 2026 astatine 5:20 PM CDT 5 min read
Uber Technologies (NYSE: UBER) operates the world's largest ride-hailing platform, but its nutrient transportation and commercialized freight networks are besides precise competitory globally. The institution is successful the aboriginal stages of a large translation arsenic autonomous vehicles and robots implicit a increasing fig of trips connected its platform, which volition importantly boost its gross and net implicit the agelong term.
Uber released its operating results for the 2nd 4th of 2026 (ended June 30) connected Aug. 5. In his prepared remarks to shareholders, Chief Executive Officer Dara Khosrowshahi provided an update connected the company's autonomous transition. Here's wherefore investors mightiness privation to bargain Uber banal connected the backmost of his comments.
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Uber is betting large connected autonomous vehicles
Developing a harmless and susceptible self-driving car mightiness not beryllium the hardest portion of succeeding successful the autonomous industry. Companies besides person to physique a level that customers tin usage to seamlessly petition a ride, and it has to get successful a timely fashion. Uber has already developed each of the indispensable infrastructure to execute this, which is wherefore dozens of companies person chosen to plug their autonomous cars and robots into its network.
This statement is simply a triumph for everyone involved. Uber's autonomous partners get entree to its 208 cardinal monthly progressive customers, truthful they don't person to physique their ain platforms from scratch. Uber, connected the different hand, gets to support its asset-light concern exemplary by simply taking a chopped of each thrust facilitated by its platform, without having to walk billions of dollars to make its ain self-driving cars.
Autonomous vehicles are already progressive connected Uber successful 7 cities, but Khosrowshahi says that could much than double to 15 cities by the extremity of 2026. He besides told shareholders that Uber volition deploy astir $10 cardinal implicit the adjacent fewer years to assistance its partners bring their autonomous vehicles to marketplace astatine scale. You mightiness deliberation that goes against the company's concern exemplary arsenic a specified facilitator, but it's a very bully idea, and I'll explicate why.
During Q2, Uber had $58 cardinal successful gross bookings, which represented the full dollar magnitude customers spent connected its level for each ride, nutrient order, and commercialized delivery. A whopping $25 cardinal of that full was paid to the platform's 10.2 cardinal drivers, representing the company's azygous largest cost.
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