Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services. The Delivery segment allows consumers to search for and discover restaurants to grocery, alcohol, convenience, and other retailers, as well as order a meal or other items, and either pick-up at the restaurant or have it delivered; and provides Uber direct, a white-label delivery-as-a-service for retailers and restaurants, as well as advertising services. The Freight segment manages transportation and logistics networks, which connects shippers and carriers in digital marketplace, including carriers upfronts, pricing, and shipment booking; and offers on-demand platform to automate logistics end-to-end transactions for small-and medium-sized businesses to global enterprises. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $52.0B | $7.0B | $10.1B | $9.8B | 37.2% | 18.3% | 2.0% |
| 2024 | $44.0B | $5.4B | $9.9B | $6.9B | 45.7% | 18.0% | 422.3% |
| 2023 | $37.3B | $3.8B | $1.9B | $3.4B | 16.8% | 17.0% | -120.6% |
| 2022 | $31.9B | $-7.9B | $-9.1B | $390M | -124.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 31,877 | 37,281 | 43,978 | 52,017 |
| Operating Revenue | - | 31,877 | 37,281 | 43,978 | 52,017 |
| Cost Of Revenue | - | 19,659 | 22,457 | 26,651 | 31,338 |
| Gross Profit | - | 12,218 | 14,824 | 17,327 | 20,679 |
| Operating Expense | - | 14,050 | 13,714 | 14,528 | 15,114 |
| Research And Development | - | 2,798 | 3,164 | 3,109 | 3,402 |
| Selling General And Administration | - | 7,892 | 7,038 | 7,976 | 8,139 |
| Total Expenses | - | 33,709 | 36,171 | 41,179 | 46,452 |
| Operating Income | - | -1,832 | 1,110 | 2,799 | 5,565 |
| Total Operating Income As Reported | - | -1,832 | 1,110 | 2,799 | 5,565 |
| EBITDA | - | -7,914 | 3,777 | 5,385 | 6,987 |
| Normalized EBITDA | - | -745 | 2,219 | 4,180 | 6,995 |
| EBIT | - | -8,861 | 2,954 | 4,648 | 6,240 |
| Interest Income | - | 139 | 484 | 721 | 743 |
| Interest Expense | - | 565 | 633 | 523 | 440 |
| Net Interest Income | - | -426 | -149 | 198 | 303 |
| Other Non Operating Income Expenses | - | 1 | -198 | -77 | -60 |
| Other Income Expense | - | -7,168 | 1,360 | 1,128 | -68 |
| Interest Income Non Operating | - | 139 | 484 | 721 | 743 |
| Interest Expense Non Operating | - | 565 | 633 | 523 | 440 |
| Net Non Operating Interest Income Expense | - | -426 | -149 | 198 | 303 |
| Pretax Income | - | -9,426 | 2,321 | 4,125 | 5,800 |
| Tax Provision | - | -181 | 213 | -5,758 | -4,346 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -136.21 | 143.34 | 253.05 | -1.68 |
| Net Income Continuous Operations | - | -9,138 | 2,156 | 9,845 | 10,093 |
| Net Income From Continuing And Discontinued Operation | - | -9,141 | 1,887 | 9,856 | 10,053 |
| Net Income From Continuing Operation Net Minority Interest | - | -9,141 | 1,887 | 9,856 | 10,053 |
| Net Income | - | -9,141 | 1,887 | 9,856 | 10,053 |
| Net Income Common Stockholders | - | -9,141 | 1,887 | 9,856 | 10,053 |
| Net Income Including Noncontrolling Interests | - | -9,138 | 2,156 | 9,845 | 10,093 |
| Normalized Income | - | -2,108.21 | 472.34 | 8,904.05 | 10,059.32 |
| Diluted NI Availto Com Stockholders | - | -9,182 | 1,827 | 9,807 | 10,016 |
| Basic Average Shares | - | 1,972.13 | 2,035.65 | 2,094.60 | 2,085.25 |
| Diluted Average Shares | - | 1,974.93 | 2,091.78 | 2,150.51 | 2,119.69 |
| Reconciled Depreciation | - | 947 | 823 | 737 | 747 |
| Reconciled Cost Of Revenue | - | 19,659 | 22,457 | 26,625 | 31,310 |
| Total Unusual Items | - | -7,169 | 1,558 | 1,205 | -8 |
| Total Unusual Items Excluding Goodwill | - | -7,169 | 1,558 | 1,205 | -8 |
| Minority Interests | - | -3 | -269 | 11 | -40 |
| Earnings From Equity Interest Net Of Tax | - | 107 | 48 | -38 | -53 |
| Special Income Charges | - | -168 | 204 | -236 | 0 |
| Gain On Sale Of Business | - | 14 | 204 | 0 | 0 |
| Write Off | 0 | 182 | 0 | 0 | - |
| Restructuring And Mergern Acquisition | - | 0 | 0 | 236 | 0 |
| Gain On Sale Of Security | - | -7,001 | 1,354 | 1,441 | -8 |
| Depreciation Amortization Depletion Income Statement | - | 947 | 823 | 711 | 719 |
| Depreciation And Amortization In Income Statement | - | 947 | 823 | 711 | 719 |
| General And Administrative Expense | - | 3,136 | 2,682 | 3,639 | 3,241 |
| Other Gand A | - | 3,136 | 2,682 | 3,639 | 3,241 |
| Other Operating Expenses | - | 2,413 | 2,689 | 2,732 | 2,854 |
| Selling And Marketing Expense | - | 4,756 | 4,356 | 4,337 | 4,898 |
| Average Dilution Earnings | - | -41 | -60 | -49 | -37 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Uber Technologies, Inc.this co. | UBER | $147.0B | 14.62β discount | 5.44 | 37.2% | 21.75 |
| CrowdStrike Holdings, Inc. | CRWD | $183.1B | -1126.48 | 41.34 | -3.7% | 978.97 |
| Amphenol Corporation | APH | $180.6B | 42.28 | 13.46 | 31.8% | 26.84 |
| Corning Incorporated | GLW | $170.1B | 106.61 | 14.41 | 13.5% | 47.66 |
| Salesforce, Inc. | CRM | $154.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| 20.73 |
| 2.61 |
| 12.6% |
| 13.10 |
| Shopify Inc. | SHOP | $150.6B | 122.32 | 11.18 | 9.1% | 77.89 |
| ServiceNow, Inc. | NOW | $123.1B | 70.42 | 9.50 | 13.5% | 40.30 |
| Cadence Design Systems, Inc. | CDNS | $113.5B | 102.40 | 20.74 | 20.3% | 60.35 |
| Accenture plc | ACN | $110.1B | 14.34 | 3.53 | 24.6% | 9.00 |
| Peer Median | - | 56.35 | 12.32 | 13.5% | 43.98 | |