Gary Black of The Future Fund has named Uber Technologies as his top pick to lead the autonomous ride-hailing market, ahead of Waymo and Tesla. Black dismissed comparisons to Blockbuster, citing Uber's "open source supplier model" as key to its advantage. Uber reported second-quarter 2026 revenue of $14.19 billion, up 12% year-on-year, slightly missing analyst estimates of $14.24 billion. Earnings per share matched consensus at 81 cents. GAAP income from operations rose 30% to $1.89 billion. CEO Dara Khosrowshahi said Uber expects autonomous ride-hailing in 15 cities by year-end, with Rivian robotaxis launching in San Francisco and Miami in 2028. Nvidia-backed robotaxis will debut in Los Angeles and San Francisco next year.

DoorDash launched DoorDash Air, its in-house drone delivery programme, on 29 July after receiving Federal Aviation Administration certification for commercial drone deliveries across the US. The company's robotics unit, DoorDash Labs, built the aircraft from scratch, whilst maintaining partnerships with existing drone providers Wing and Flytrex. DoorDash's fiscal 2025 revenue reached nearly $13.7 billion, up roughly 27.9% year-on-year, with net income of approximately $935 million. The company maintains a debt-to-equity ratio near 0.3x and a current ratio around 1.4x. However, stock-based compensation represented about 43.2% of operating cash flow last fiscal year. DoorDash has not provided a timeline for when DoorDash Air will reach paying customers. On 5 August, Uber CEO Dara Khosrowshahi announced Uber Eats is pursuing 10- to 15-minute drone deliveries, primarily through partners like Flytrex rather than building hardware internally.

Uber Technologies reported strong earnings on 5 August despite shares falling 20% year-to-date. The company posted roughly $2 billion in operating income, up 40% year-over-year, with diluted earnings per share of $1.17. Gross bookings surged 22% whilst trips grew 18%. Trailing twelve-month free cash flow exceeded $10 billion for the first time in Uber's history. The company plans to invest heavily in robotaxis, forging deals with Lucid Group and Rivian to deliver tens of thousands of vehicles for its future autonomous fleet. Whilst Uber is positioned to compete in the robotaxi market, it faces challenges. The company is just 13% the size of Tesla, limiting its capital-raising ability, and lacks vehicle manufacturing capabilities.