UBER · Uber Technologies, Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $52.02B | $43.98B | $37.28B | $31.88B | $17.45B | $11.14B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | $3.40B | $3.11B | $3.16B | $2.80B | $2.05B | $2.21B |
| SG&A | $3.24B | $3.64B | $2.68B | $3.14B | $2.32B | $2.67B |
| Total Operating Expenses | $46.45B | $41.18B | $36.17B | $33.71B | $21.29B | $16.00B |
| D&A | $719.00M | $711.00M | $823.00M | $947.00M | $902.00M | $575.00M |
| Operating Income | $5.57B | $2.80B | $1.11B | ($1.83B) | ($3.83B) | ($4.86B) |
| Interest Expense | $440.00M | $489.00M | $633.00M | $565.00M | $483.00M | $458.00M |
| Income Tax | ($4.35B) | ($5.76B) | $213.00M | ($181.00M) | ($492.00M) | ($192.00M) |
| Net Income | $10.05B | $9.86B | $1.89B | ($9.14B) | ($496.00M) | ($6.77B) |
| EPS - Basic | $4.82 | $4.71 | $0.93 | ($4.64) | ($0.26) | ($3.86) |
| EPS - Diluted | $4.73 | $4.56 | $0.87 | ($4.65) | ($0.29) | ($3.86) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.11B | $5.89B | $4.68B | $4.21B | $4.29B | $5.65B |
| Accounts Receivable | $3.83B | $3.33B | $3.40B | $2.78B | $2.44B | $1.07B |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $1.01B | $858.00M | $790.00M | $728.00M | $860.00M | $235.00M |
| Current Assets | $13.99B | $12.24B | $11.30B | $9.25B | $8.82B | $9.88B |
| Total Assets | $61.80B | $51.24B | $38.70B | $32.11B | $38.77B | $33.25B |
| Current Liabilities | $12.32B | $11.48B | $9.45B | $8.85B | $9.02B | $6.87B |
| Long-term Debt | $10.52B | $8.35B | $9.46B | $9.27B | $9.28B | $7.56B |
| Total Liabilities | $33.72B | $28.77B | $26.02B | $23.61B | $23.43B | $19.50B |
| Stockholders' Equity | $27.04B | $21.56B | $11.25B | $7.34B | $14.46B | $12.27B |
| Retained Earnings | ($10.63B) | ($20.73B) | ($30.59B) | ($32.77B) | ($23.63B) | ($23.13B) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.10B | $7.14B | $3.58B | $642.00M | ($445.00M) | ($2.75B) |
| Investing Cash Flow | ($3.56B) | ($3.18B) | ($3.23B) | ($1.64B) | ($1.20B) | ($2.87B) |
| Financing Cash Flow | ($5.71B) | ($2.09B) | ($95.00M) | $15.00M | $1.78B | $1.38B |
| CapEx | $336.00M | $242.00M | $223.00M | $252.00M | $298.00M | $616.00M |
| Free Cash Flow | $9.76B | $6.89B | $3.36B | $390.00M | ($743.00M) | ($3.36B) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 10.7% | 6.4% | 3.0% | -5.7% | -22.0% | -43.7% |
| EBITDA margin | 12.1% | 8.0% | 5.2% | -2.8% | -16.8% | -38.5% |
| Net margin | 19.3% | 22.4% | 5.1% | -28.7% | -2.8% | -60.8% |
| Free cash flow margin | 18.8% | 15.7% | 9.0% | 1.2% | -4.3% | -30.2% |
| FCF / Net income | 0.97 | 0.70 | 1.78 | -0.04 | 1.50 | 0.50 |
| R&D / Revenue | 6.5% | 7.1% | 8.5% | 8.8% | 11.8% | 19.8% |
| SG&A / Revenue | 6.2% | 8.3% | 7.2% | 9.8% | 13.3% | 23.9% |
| Effective tax rate | -76.2% | -140.5% | 10.1% | - | - | - |
| Return on assets | 16.3% | 19.2% | 4.9% | -28.5% | -1.3% | -20.4% |
| Return on equity | 37.2% | 45.7% | 16.8% | -124.5% | -3.4% | -55.2% |
| Return on invested capital | 14.8% | 9.4% | 4.8% | -8.7% | -12.8% | -19.4% |
| Liquidity | ||||||
| Current ratio | 1.14 | 1.07 | 1.19 | 1.04 | 0.98 | 1.44 |
| Quick ratio | 1.14 | 1.07 | 1.19 | 1.04 | 0.98 | 1.44 |
| Cash ratio | 0.58 | 0.51 | 0.50 | 0.48 | 0.48 | 0.82 |
| Leverage | ||||||
| Debt / Equity | 0.39 | 0.39 | 0.84 | 1.26 | 0.64 | 0.62 |
| Debt / Assets | 0.17 | 0.16 | 0.24 | 0.29 | 0.24 | 0.23 |
| Debt / EBITDA | 1.67 | 2.38 | 4.89 | - | - | - |
| Interest coverage | 12.6x | 5.7x | 1.8x | -3.2x | -7.9x | -10.6x |
| Equity multiplier | 2.29 | 2.38 | 3.44 | 4.37 | 2.68 | 2.71 |
| Liabilities / Assets | 0.55 | 0.56 | 0.67 | 0.74 | 0.60 | 0.59 |
| Efficiency | ||||||
| Asset turnover | 0.84 | 0.86 | 0.96 | 0.99 | 0.45 | 0.33 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 27d | 28d | 33d | 32d | 51d | 35d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 17.3x | 13.2x | 70.8x | - | - | - |
| P / B | 6.4x | 6.0x | 11.4x | 6.7x | 5.5x | 7.3x |
| P / S | 3.3x | 2.9x | 3.5x | 1.5x | 4.6x | 8.0x |
| EV / EBITDA | 28.1x | 37.7x | 69.1x | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 18.3% | 18.0% | 17.0% | 82.6% | 56.7% | 40.4% |
| Revenue CAGR (3y) | 17.7% | 36.1% | 49.6% | 59.0% | - | - |
| Revenue CAGR (5y) | 36.1% | 40.9% | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 98.8% | 152.2% | - | 52.2% | 21.2% | -60.3% |
| Net income growth (YoY) | 2.0% | 422.3% | - | -1742.9% | 92.7% | -67.8% |
| EPS growth (YoY) | 3.7% | 424.1% | - | -1503.4% | 92.5% | 43.3% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 41.6% | 105.1% | 762.1% | - | 77.9% | -70.1% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 25.4% | 91.6% | 53.3% | -49.2% | 17.9% | -13.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$52.02B totalMobility$29.67B · 57.0%
Delivery$17.25B · 33.2%
Freight$5.10B · 9.8%
Geographic
$104.03B totalUnited States And Canada$26.47B · 25.4%
US$23.77B · 22.8%
All Other Countries$17.64B · 17.0%
EMEA$16.36B · 15.7%
GB$10.61B · 10.2%
Asia Pacific$5.86B · 5.6%
Latin America$3.33B · 3.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.33
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing Uber Technologies against the 5 most active filers in the same SIC group.