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Uber Technologies , Inc. Q2 2026 Earnings Supplemental Data August 5 , 2026
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Non-GAAP Financial Measures Disclosure To supplement our financial information, which is prepared and presented in accordance with generally accepted accounting principles in the United States of America, or GAAP , we use the following non-GAAP financial measures: Adjusted EBITDA; Non-GAAP Operating Income; Non-GAAP Net Income; Non-GAAP EPS; Non-GAAP Costs and Operating Expenses; Trailing Twelve Months Free Cash Flow; Free Cash Flow as well as revenue growth rates in constant currency. Adjusted EBITDA is no longer a key measure used by management; we include disclosure on Adjusted EBITDA to assist during the transition to our new non-GAAP measures. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP . We use these non- GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to- period comparisons. We believe that these non-GAAP financial measures provide meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our recurring core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, and analyzing future periods. These non-GAAP financial measures also facilitate management’s internal comparisons to our historical performance. We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. In light of these limitations we provide specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP . For more information on these non-GAAP financial measures, please see the section titled “Non-GAAP Reconciliations” included at the end of this deck. In regards to forward looking non-GAAP guidance, we are not able to reconcile the forward-looking Non-GAAP EPS, cash tax rate and Adjusted EBITDA measures to the closest corresponding GAAP measures without unreasonable efforts because we are unable to predict the ultimate outcome of certain significant items. These items include, but are not limited to, significant legal settlements, unrealized gains and losses on equity investments, tax and regulatory reserve changes, restructuring costs and acquisition and financing related impacts. 2
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Forward Looking Statements This presentation contains forward-looking statements regarding our future business expectations, which involve risks and uncertainties. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors relate to, among others: competition, managing our growth and corporate culture, financial performance, investments in new products or offerings, our ability to attract drivers, consumers and other partners to our platform, our brand and reputation, other legal and regulatory developments, particularly with respect to our relationships with drivers and couriers, and the impact of the global economy, including rising inflation and interest rates. In addition, other potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent quarterly report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports and other filings filed with the Securities and Exchange Commission from time to time. All information provided in this presentation is as of the date hereof and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of such date. We undertake no duty to update this information unless required by law. 3
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Q2 2026 Earnings 4 Financial and Operational Highlights Segment Details Platform and Business Highlights Condensed Consolidated Financials Non-GAAP Reconciliations
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2019 (IPO) 2025¹ $65B 22% 56% $236B Delivery Hero expands Uber’s local commerce platform while accelerating cross-platform engagement Gross Bookings Cross-Platform Markets T otal Markets 34 58 79 99→ Delivery Mobility Freight + Pre Deal Post Deal 50M+ new eligible cross-platform users → 5Q2 2026 Earnings 1. Reflects pro forma 2025 Gross Bookings for Uber and Delivery Hero assets within acquisition scope.
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Travel & Venue Experience Game Day Offers Deal Drops Cross-Platform OffersInternational Benefits Specialized Pickup Travel Pass 8M+ tourists took rides in host cities | ~$300M of World Cup savings¹ 1. Includes savings from Travel Pass, Uber One International Benefits, and Game Day Offers.Q2 2026 Earnings 6 World Cup showcased the power of Uber’s platform across Mobility and Delivery
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400K Participating merchants ~50% increase Y oY ~40% of eligible¹ members are active across both Mobility and Delivery ~70% increase in merchant funded offers Y oY Delivery ~110% increase in non UberX Trips Y oY Mobility 35+ Partners DeliveryGlobal Reach Member Days 1. Eligible members defined as active members in markets with Mobility and Delivery operations.Q2 2026 Earnings 7 Uber One continues to deepen platform engagement
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Abu Dhabi, UAE Dubai, UAEDallas, TX Austin, TX Atlanta, GA Riyadh, KSA Las Vegas, NV Bay Area, CA T okyo, JP Los Angeles, CA Munich, DE Zagreb, HR Zurich, CH London, UK Madrid, ES 7 live cities | 8 cities launching by end of 2026 2026 Deployment Partners Hardware Platform Self-Driving T echnology Fleet Management 8Q2 2026 Earnings Uber is building the infrastructure to commercialize autonomous mobility at global scale
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Q2 2026 Earnings 9 Segment Details Financial and Operational Highlights Condensed Consolidated Financials Non-GAAP Reconciliations Platform and Business Highlights
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Q2 2026 Earnings Note 1: MAPCs is the number of unique consumers who completed a Mobility ride or received a Delivery order on our platform at least once in a given month, averaged over each month in the quarter. Note 2: We define Trips as the number of completed consumer Mobility rides and Delivery orders in a given period. Note 3: We define Frequency as Monthly Trips divided by MAPCs for a given period. 10 Operating Metrics Figures in Millions, excluding Monthly Trips / MAPC Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 MAPCs +16%MAPCs Growth Y oY Monthly Trips / MAPC +2%Frequency Growth Y oY Trips +18%Trips Growth Y oY 15% 17% 18% 17% 16% % Growth Y oY % Growth Y oY % Growth Y oY 2% 4% 3% 3% 2% 18% 22% 22% 20% 18% 180 189 202 199 6.1 6.26.2 6.1 3,268 3,7513,512 3,643 208 6.2 3,867
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Q2 2026 Earnings $ in Millions Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 % Growth Y oY Note 1: We define Gross Bookings as the total dollar value, including any applicable taxes, tolls, and fees, of: Mobility rides, Delivery orders (in each case without any adjustment for consumer discounts and refunds, Driver and Merchant earnings, and Driver incentives) and Freight Revenue. Gross Bookings do not include tips earned by Drivers. Note 2: “% Constant Currency Growth Y oY” is calculated by translating our current period results using the corresponding prior period’s monthly exchange rates for our transacted currencies other than the U.S. dollar. % Constant Currency Growth Y oY 17% 21% 22% 25% 24% 18% 21% 22% 21% 22% 11 Gross Bookings +22%Gross Bookings Constant Currency Growth Y oY $49,740 $54,140 $53,720 $46,756 $58,022
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Q2 2026 Earnings $ in Millions Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 % Growth Y oY % Constant Currency Growth Y oY 18% 20% 20% 14% 12% 18% 19% 19% 10% 11% 12 Revenue +11%Revenue Constant Currency Growth Y oY $12,651 $13,467 $14,366 $13,203 $14,191 Note 1: “% Constant Currency Growth Y oY” is calculated by translating our current period financial results using the corresponding prior period’s monthly exchange rates for our transacted currencies other than the U.S. dollar. Note 2: Business model changes negatively impacted Q2 2026 revenue Y oY growth by 8 percentage points on a reported and constant currency basis.
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Q2 2026 Earnings Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Note 1: We define Non-GAAP Operating Income as income from operations, excluding (i) amortization of acquired intangible assets, (ii) certain legal, non-income tax, and regulatory reserve changes and settlements, (iii) goodwill and asset impairments/loss on sale of assets, (iv) acquisition, financing and divestitures related expenses, (v) restructuring and related charges, and (vi) other items not indicative of our ongoing operating performance. Note 2: We define Non-GAAP Operating Income margin as a percentage of Gross Bookings as Non-GAAP Operating Income divided by Gross Bookings. Note 3: See Non-GAAP Reconciliations for a reconciliation of non-GAAP measures. Non-GAAP Operating Income as a % of Gross Bookings +40%Non-GAAP Operating Income Growth Y oY 13 Non-GAAP Operating Income $ in Millions % Growth Y oY $1,675 $1,918 $1,534 3.3% 3.4% 3.5% 3.5% $1,883 3.7% $2,143 50% 46% 46% 42% 40%
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Q2 2026 Earnings Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Note 1: We define Non-GAAP EPS as Non-GAAP Net Income attributable to common stockholders divided by Non-GAAP weighted-average shares outstanding. Adjustments to GAAP diluted weighted-average shares outstanding are adjusted for any potentially dilutive outstanding securities in periods when Non-GAAP Net Income/Loss is in an income position but GAAP Net income/loss is in a loss position. Note 2: See Non-GAAP reconciliations for a reconciliation of non-GAAP measures. +35%Non-GAAP EPS Growth Y oY 14 Non-GAAP EPS % Growth Y oY $0.65 $0.71 $0.60 $0.72 48% 28% 27% 44% 35% $0.81
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Q2 2026 Earnings 15 Condensed Consolidated Financials Non-GAAP Reconciliations Platform and Business Highlights Financial and Operational Highlights Segment Details
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Q2 2026 Earnings Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 % Constant Currency Growth Y oY Gross Bookings Revenue % Constant Currency Growth Y oY Note 1: Revenue Margin is defined as Revenue as a percentage of Gross Bookings. Note 2: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 3: All measures are for Mobility segment unless otherwise noted. +20%Gross Bookings Constant Currency Growth Y oY $ in Millions 18% 19% 19% 20% 20% 18% 18% 18% 1% 0% Revenue: Revenue Margin 16 Mobility Highlights $23,762 $25,111 $27 ,442 $26,394 $7 ,288 $7 ,682 $8,204 $6,798 $1,729 $1,864 $2,027 $2,029 30.7% 30.6% 29.9% 25.8% 25.4% 7 .3% 7 .4% 7 .4% 7 .7% 7 .6% $28,988 $7 ,363 $2,215 24% 23% 26% 28% 28% Segment Operating Income% Reported Growth Y oY Segment Operating Income: Segment Operating Income Margin as a % of Gross Bookings
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Q2 2026 Earnings Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 20% 24% 26% 23% 25% Gross Bookings 23% 27% 29% 28% 26% 17 Delivery Highlights $ in Millions Revenue: Revenue Margin Note 1: Revenue Margin is defined as Revenue as a percentage of Gross Bookings. Note 2: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 3: All measures are for Delivery segment unless otherwise noted. Revenue % Constant Currency Growth Y oY $21,734 $23,322 $25,431 $25,992 $27 ,463 $4,102 $4,477 $4,892 $5,068 $5,245 18.9% 19.2% 19.2% 19.5% 19.1% $766 $811 $905 $961 $1,055 3.5% 3.5% 3.6% 3.7% 3.8% +25%Gross Bookings Constant Currency Growth Y oY 49% 49% 42% 43% 38% Segment Operating Income% Reported Growth Y oY Segment Operating Income: Segment Operating Income Margin as a % of Gross Bookings % Constant Currency Growth Y oY
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Q2 2026 Earnings Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 18 Freight Highlights $ in Millions Revenue % Constant Currency Growth Y oY (1%) 0% (1%) 6% 25% $1,261 $1,308 $1,270 $1,337 $1,583 ($26) ($40) ($18) ($30) ($24) (2.1%) (3.1%) (1.4%) (2.2%) (1.5%) Segment Operating Income Segment Operating Income: Segment Operating Income Margin as a % of Gross Bookings Note 1: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 2: All measures are for Freight segment unless otherwise noted.
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Q2 2026 Earnings 19 Segment Details Non-GAAP Reconciliations Platform and Business Highlights Financial and Operational Highlights Condensed Consolidated Financials
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Q2 2026 Earnings $ in Millions, except share amounts, which are in thousands, and per share amounts 20 Condensed Consolidated Statements of Operations (Unaudited) 2025 2026 2025 2026 Revenue $12,651 $14,191 $24,184 $27 ,394 Costs and expenses Cost of revenue, exclusive of depreciation and amortization shown separately below 7,6 1 1 7,8 1 5 14,548 15,073 Operations and support 696 805 1,364 1,568 Sales and marketing 1,210 1,515 2,267 2,841 Research and development 840 1,043 1,655 1,994 General and administrative 669 935 1,326 1,733 Depreciation and amortization 175 188 346 372 T otal costs and expenses $11,201 $12,301 $21,506 $23,581 Income from operations $1,450 $1,890 $2,678 $3,813 Interest expense (108) (127) (213) (235) Interest income 181 172 350 347 Other income (expense), net (19) 1,342 74 (152) Income before income taxes and loss from equity method investments 1,504 3,277 2,889 3,773 Provision for (benefit from) income taxes 142 840 (260) 1,034 Loss from equity method investments (12) (21) (25) (41) Net income including non-controlling interests 1,350 2,416 3,124 2,698 Less: net income (loss) attributable to non-controlling interests, net of tax (5) 22 (7) 41 Net income attributable to Uber T echnologies, Inc. $1,355 $2,394 $3,131 $2,657 Net income per share attributable to Uber T echnologies, Inc. common stockholders: Basic $0.65 $1.18 $1.50 $1.30 Diluted $0.63 $1.17 $1.46 $1.29 Weighted-average shares used to compute net income per share attributable to common stockholders: Basic 2,091,106 2,036,458 2,091,781 2,044,279 Diluted 2,125,628 2,050,225 2,124,181 2,060,763 Three Months Ended June 30, Six Months Ended June 30,
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Q2 2026 Earnings Condensed Consolidated Balance Sheets (Unaudited) As of December 31, As of June 30, 21 $ in Millions 2025 2026 Assets Cash and cash equivalents $7 ,105 $4,870 Short-term investments 528 521 Restricted cash and cash equivalents 631 661 Accounts receivable, net 3,827 4,298 Prepaid expenses and other current assets 1,902 2,179 T otal current assets $13,993 $12,529 Restricted cash and cash equivalents 1,911 1,646 Restricted investments 8,874 9,486 Investments 9,178 8,759 Equity method investments 287 3,773 Property and equipment, net 1,897 1,809 Operating lease right-of-use assets 1,114 1,558 Intangible assets, net 1,048 1,132 Goodwill 8,931 9,472 Deferred tax assets 10,951 10,162 Other non-current assets 3,618 5,475 T otal assets $61,802 $65,801
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Q2 2026 Earnings 22 $ in Millions Continued: Condensed Consolidated Balance Sheets (Unaudited) As of December 31, As of June 30, 2025 2026 Liabilities, redeemable non-controlling interests and equity Accounts payable $1,013 $1,366 Short-term insurance reserves 3,387 3,758 Operating lease liabilities, current 169 178 Short-term debt - 1,997 Accrued and other current liabilities 7, 7 5 1 7, 5 7 2 T otal current liabilities $12,320 $14,871 Long-term insurance reserves 9,076 9,528 Long-term debt, net of current portion 10,521 10,726 Operating lease liabilities, non-current 1,390 1,830 Other non-current liabilities 412 447 T otal liabilities $33,719 $37 ,402 Commitments and contingencies Redeemable non-controlling interests 165 180 Equity Common stock - - Additional paid-in capital 38,101 35,698 Accumulated other comprehensive loss (432) (432) Accumulated deficit (10,628) (7 ,950) T otal Uber T echnologies, Inc. stockholders' equity $27 ,041 $27 ,316 Non-redeemable non-controlling interests 877 903 T otal equity $27 ,918 $28,219 T otal liabilities, redeemable non-controlling interests and equity $61,802 $65,801
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Q2 2026 Earnings 23 $ in Millions Condensed Consolidated Statements of Cash Flows (Unaudited) 2025 2026 2025 2026 Cash flows from operating activities Net income including non-controlling interests $1,350 $2,416 $3,124 $2,698 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 181 195 359 386 Stock-based compensation 475 550 910 1,023 Deferred income taxes 87 665 (325) 771 (Gains) losses on debt and equity securities, net 17 (1,612) (34) (138) (Gains) losses on foreign currency transactions, net (101) (58) (152) (53) Other 106 296 79 316 Change in assets and liabilities, net of impact of business acquisitions and disposals: Accounts receivable (212) (425) (335) (499) Prepaid expenses and other assets (251) (163) (748) (375) Operating lease right-of-use assets 46 38 89 100 Accounts payable 125 161 131 345 Accrued insurance reserves 812 387 1,487 830 Accrued expenses and other liabilities (20) 447 410 (94) Operating lease liabilities (51) (35) (107) (97) Net cash provided by operating activities $2,564 $2,862 $4,888 $5,213 Three Months Ended June 30, Six Months Ended June 30,
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Q2 2026 Earnings 24 $ in Millions Continued: Condensed Consolidated Statements of Cash Flows (Unaudited) 2025 2026 2025 2026 Cash flows from investing activities Purchases of property and equipment ($89) ($70) ($163) ($135) Purchases of non-marketable equity securities (12) (175) (191) (507) Purchases of marketable securities (5,095) (10,887) (7 ,635) (17 ,646) Purchases of notes receivable - (111) - (298) Proceeds from maturities and sales of marketable securities 4,636 8,119 7,0 3 3 14,665 Acquisition of businesses, net of cash acquired (804) (647) (804) (653) Purchase of total return swaps - (1,640) - (1,640) Other investing activities (97) 22 (243) 52 Net cash used in investing activities ($1,461) ($5,389) ($2,003) ($6,162) Cash flows from financing activities Proceeds from term loan, notes, and credit facility, net of issuance costs 1,127 3,997 1,127 3,997 Principal repayment on term loan, notes, and credit facility - (2,000) - (2,000) Principal payments on finance leases (28) (42) (75) (82) Proceeds from the issuance of common stock under the Employee Stock Purchase Plan 120 136 120 136 Repurchases of common stock (1,363) (518) (3,148) (3529) Other financing activities (51) (33) (81) (73) Net cash provided by (used in) financing activities ($195) $1,540 ($2,057) ($1,551) Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents 159 54 229 30 Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents $1,067 ($933) $1,057 ($2,470) Cash and cash equivalents, and restricted cash and cash equivalents Beginning of period 8,600 8,110 8,610 9,647 End of period $9,667 $7 ,177 $9,667 $7 ,177 Three Months Ended June 30, Six Months Ended June 30,
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Q2 2026 Earnings 25 Segment Details Condensed Consolidated Financials Platform and Business Highlights Financial and Operational Highlights Non-GAAP Reconciliations
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Q2 2026 Earnings Jun 30, ‘25 Sept 30, ‘25 Dec 31, ‘25 Mar 31, ‘26 Jun 30, ‘26 Mobility $1,729 $1,864 $2,027 $2,029 $2,215 Delivery 766 811 905 961 1,055 Freight (26) (40) (18) (30) (24) Corporate G&A and Platform R&D (935) (960) (996) (1,077) (1,103) Non-GAAP Operating Income $1,534 $1,675 $1,918 $1,883 $2,143 Add (deduct): Amortization of acquired intangible assets (65) (72) (67) (59) (61) Legal, non-income tax, and regulatory reserve changes and settlements - (479) (57) 129 (141) Goodwill and asset impairment/loss on sale of assets - (2) - - (4) Acquisition, financing, and divestitures related expenses (19) (6) (15) (25) (31) Loss on lease arrangements, net - - - (5) - Restructuring and related charges - (3) (5) - (16) GAAP Income from operations $1,450 $1,113 $1,774 $1,923 $1,890 $ in Millions 26 Non-GAAP Operating Income Reconciliation (Unaudited) Three Months Ended
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Q2 2026 Earnings Non-GAAP Net Income and EPS Reconciliations (Unaudited) Jun 30, ‘25 Sept 30, ‘25 Dec 31, ‘25 Mar 31, ‘26 Jun 30, ‘26 Non-GAAP Net Income $1,280 $1,389 $1,496 $1,493 $1,652 Add (deduct): Adjustments excluded from Non-GAAP Operating Income (see prior slide) (84) (562) (144) 40 (253) Other (income) expense, net (19) 1,426 (1,568) (1,494) 1,342 Income tax effects 190 4,387 526 254 (315) Loss from equity method investments (12) (14) (14) (20) (21) Adjustment to redeemable non-controlling interests - - - (10) (11) GAAP Net income attributable to Uber T echnologies, Inc. $1,355 $6,626 $296 $263 $2,394 Diluted weighted-average shares outstanding 2,125,628 2,124,391 2,106,011 2,071,391 2,050,225 Non-GAAP EPS $0.60 $0.65 $0.71 $0.72 $0.81 GAAP Diluted EPS $0.63 $3.11 $0.14 $0.13 $1.17 $ in Millions, except share amounts, which are in thousands, and per share amounts 27 Three Months Ended
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Q2 2026 Earnings Adjusted EBITDA Reconciliation (Unaudited) Jun 30, ‘25 Sept 30, ‘25 Dec 31, ‘25 Mar 31, ‘26 Jun 30, ‘26 Adjusted EBITDA $2,119 $2,256 $2,487 $2,481 $2,819 Add (deduct): Legal, non-income tax, and regulatory reserve changes and settlements - (479) (57) 129 (141) Goodwill and asset impairments / loss on sale of assets - (2) - - (4) Restructuring and related charges - (3) (5) - (16) Loss on lease arrangements, net - - - (5) - Acquisition, financing and divestitures related expenses (19) (6) (15) (25) (31) Depreciation and amortization (175) (188) (185) (184) (188) Stock-based compensation expense (475) (465) (451) (473) (549) Income from operations $1,450 $1,113 $1,774 $1,923 $1,890 Add (deduct): Other income (expense), net (19) 1,426 (1,568) (1,494) 1,342 Interest expense (108) (112) (115) (108) (127) Interest income 181 193 200 175 172 Loss from equity method investments (12) (14) (14) (20) (21) (Provision for) benefit from income taxes (142) 4,046 40 (194) (840) Net (income) loss attributable to non-controlling interests, net of tax 5 (26) (21) (19) (22) Net income attributable to Uber T echnologies, Inc. $1,355 $6,626 $296 $263 $2,394 $ in Millions 28 Three Months Ended
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Q2 2026 Earnings Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) Jun 30, ‘25 Sept 30, ‘25 Dec 31, ‘25 Mar 31, ‘26 Jun 30, ‘26 Revenue $12,651 $13,467 $14,366 $13,203 $14,191 GAAP Cost of Revenue, excluding D&A 7,6 1 1 8,109 8,681 7 ,258 7,8 1 5 Legal, non-income tax, and regulatory reserve changes and settlements - - - 165 - Restructuring and related charges - - - - (5) Non-GAAP Cost of Revenue $7 ,611 $8,109 $8,681 $7 ,423 $7 ,810 Non-GAAP Operating Expenses GAAP Operations and support $696 $735 $755 $763 $805 Restructuring and related charges - - (2) - - Acquisition, financing, and divestures related expenses - - - (1) (3) Loss on lease arrangements, net - - - (2) - Non-GAAP Operations and support $696 $735 $753 $760 $802 GAAP Sales and marketing $1,210 $1,277 $1,354 $1,326 $1,515 Non-GAAP Sales and marketing $1,210 $1,277 $1,354 $1,326 $1,515 29 $ in Millions Three Months Ended
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Q2 2026 Earnings Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) Jun 30, ‘25 Sept 30, ‘25 Dec 31, ‘25 Mar 31, ‘26 Jun 30, ‘26 GAAP Research and development $840 $862 $885 $951 $1,043 Acquisition, financing, and divestitures - - (1) (1) (1) Goodwill and asset impairment/loss on sale of assets - (2) - - - Non-GAAP Research and development $840 $860 $884 $950 $1,042 GAAP General and administrative $669 $1,183 $732 $798 $935 Legal, non-income tax, and regulatory reserve changes and settlements - (479) - - (114) Goodwill and asset impairment/loss on sale of assets - - - - (4) Restructuring and related charges - (1) (3) - (9) Loss on lease arrangements, net - - - (3) - Acquisition, financing, and divestitures related expenses (19) (6) (14) (23) (27) Non-GAAP General and administrative $650 $697 $715 $772 $781 GAAP Depreciation and amortization $175 $188 $185 $184 $188 Amortization of acquired intangible assets (65) (72) (67) (59) (61) Non-GAAP Depreciation & Amortization $110 $116 $118 $125 $127 Continued: 30 $ in Millions Three Months Ended
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Q2 2026 Earnings Jun 30, ‘25 Sept 30, ‘25 Dec 31, ‘25 Mar 31, ‘26 Jun 30, ‘26 TTM Free Cash Flow reconciliation: Net cash provided by operating activities 8,789 8,966 10,099 10,126 10,424 Purchases of property and equipment (249) (305) (336) (327) (308) Free Cash Flow $8,540 $8,661 $9,763 $9,799 $10,116 31 Free Cash Flow Reconciliation (Unaudited) $ in Millions Jun 30, ‘25 Sept 30, ‘25 Dec 31, ‘25 Mar 31, ‘26 Jun 30, ‘26 Free Cash Flow reconciliation: Net cash provided by operating activities 2,564 2,328 2,883 2,351 2,862 Purchases of property and equipment (89) (98) (75) (65) (70) Free Cash Flow $2,475 $2,230 $2,808 $2,286 $2,792 Trailing Twelve Months (TTM) Ended Three Months Ended