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 |
| 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 |
| Operating Income | - | -1,832 | 1,110 | 2,799 | 5,565 |
| EBITDA | - | -7,914 | 3,777 | 5,385 | 6,987 |
| EBIT | - | -8,861 | 2,954 | 4,648 | 6,240 |
| Pretax Income | - | -9,426 | 2,321 | 4,125 | 5,800 |
| Tax Provision | - | -181 | 213 | -5,758 | -4,346 |
| Net Income | - | -9,141 | 1,887 | 9,856 | 10,053 |
| Net Income Common Stockholders | - | -9,141 | 1,887 | 9,856 | 10,053 |
| Total Expenses | - | 33,709 | 36,171 | 41,179 | 46,452 |
| Interest Expense | - | 565 | 633 | 523 | 440 |
| Interest Income | - | 139 | 484 | 721 | 743 |
| Research And Development | - | 2,798 | 3,164 | 3,109 | 3,402 |
| Selling General And Administration | - | 7,892 | 7,038 | 7,976 | 8,139 |
| Normalized EBITDA | - | -745 | 2,219 | 4,180 | 6,995 |
| Normalized Income | - | -2,108.21 | 472.34 | 8,904.05 | 10,059.32 |
| Market Cap | 153,618 | 153,618 | 153,618 | 153,618 | 153,618 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Uber Technologies, Inc.this co. | UBER | $155.6B | 15.28β discount | 5.68 | 37.2% | 22.70 |
| Amphenol Corporation | APH | $182.2B | 43.10 | 13.72 | 31.8% | 27.34 |
| Salesforce, Inc. | CRM | $169.2B | 19.54 | 2.46 | 12.6% | 12.40 |
| QUALCOMM Incorporated | QCOM | $163.5B | 28.69 | 7.50 | 26.1% | 11.27 |
| Corning Incorporated | GLW | $150.1B |
| - |
| - |
| - |
| - |
| - |
| - |
| 94.67 |
| 12.80 |
| 13.5% |
| 42.56 |
| Dell Technologies Inc. | DELL | $143.2B | 23.67 | -56.88 | -240.3% | 13.54 |
| Western Digital Corporation | WDC | $141.6B | 74.22 | 26.01 | 35.0% | 72.61 |
| Marvell Technology, Inc. | MRVL | $141.5B | 53.81 | 10.04 | 18.7% | 32.12 |
| Palo Alto Networks, Inc. | PANW | $118.4B | 127.70 | 18.51 | 14.5% | 73.60 |
| Peer Median | - | 48.46 | 11.42 | 16.6% | 29.73 | |