Uber Reports Strong Free Cash Flow and Outlines Autonomous Vehicle Strategy
During its third-quarter 2026 earnings call, Uber reported a trailing 12-month free cash flow of $10.4 billion, providing significant capital for expansion and shareholder returns. The company is prioritizing organic growth and autonomous vehicle (AV) integration while temporarily pausing major mergers and acquisitions to focus on integrating recent deals. To scale its self-driving ambitions without draining internal reserves, Uber plans to utilize third-party financing for its AV fleet, aiming for 700 vehicles by year-end and 2,000 in 2027. Additionally, management is addressing driver supply shortages in international markets like Brazil and India through targeted incentives, noting an acceleration in global supply hours as of October.
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