Uber(NYSE:UBER) 
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. It connects consumers with independent providers of ride services for ridesharing services and other forms of transpor...
Website: http://www.uber.com
Founded: 2009
Full Time Employees: 32,800 (Dec 2022)
CEO: Dara Khosrowshahi
Sector: Technology
Industry: Software-Application
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At a glance:
- Profitability and Margin Expansion Remain Central: Uber’s recent narrative has emphasized sustaining profitability through operating leverage, cost discipline, and continued growth in adjusted EBITDA and free cash flow generation.
- Mobility Demand Supported by Travel and Urban Activity: Rides growth is tied to commuting, nightlife, and travel trends, with pricing, driver supply, and local competitive dynamics influencing trip volumes and take rates.
- Delivery Performance Driven by Product Mix and Efficiency: Uber Eats results are shaped by grocery/retail expansion, courier utilization, and promotional intensity, with a focus on improving unit economics and frequency among high-value users.
- Platform Ecosystem and Membership as a Retention Lever: Cross-selling between Mobility and Delivery, along with Uber One membership, is positioned to increase user retention, order frequency, and overall lifetime value.
- Regulatory and Labor Classification Risks Persist: Ongoing exposure includes worker classification rules, local licensing and safety requirements, and potential changes to pricing or marketplace models that could pressure margins.
Bull Thesis:
- Sustained Profitability and Free Cash Flow Generation: Uber has demonstrated a clear path to profitability, consistently reporting positive adjusted EBITDA and, more recently, positive free cash flow. This indicates strong operational leverage, a maturing business model, and the ability to generate shareholder value.
- Dominant Market Position and Network Effects: Uber maintains a leading market share in both ride-sharing and food delivery across many key geographies. Its powerful network effect, where more drivers attract more riders/eaters and vice-versa, creates a significant competitive moat that is difficult for rivals to overcome.
- Rapid Growth in High-Margin Advertising Business: Uber's nascent advertising segment is growing rapidly, leveraging its vast user base and transaction data. This high-margin revenue stream diversifies its income, improves overall profitability, and has significant untapped potential for future expansion.
- Expansion into New Verticals and Strategic Partnerships: Uber continues to explore and expand into new growth areas such as Uber Freight, grocery delivery, and strategic partnerships in autonomous vehicles. These initiatives open up new revenue streams and position the company for long-term innovation and efficiency gains.
Bear Thesis:
- Persistent Regulatory and Labor Classification Risks: Uber faces ongoing legal and regulatory challenges globally regarding the classification of its drivers as independent contractors versus employees. A shift to employee status in major markets could significantly increase operating costs (benefits, minimum wage, payroll taxes) and fundamentally alter its business model.
- Intense Competition and Margin Pressure: Despite its market leadership, Uber operates in highly competitive markets for both ride-sharing (e.g., Lyft) and food delivery (e.g., DoorDash). This intense competition can lead to price wars, increased incentives for drivers and consumers, and persistent pressure on profit margins.
- Driver Supply and Retention Challenges: Maintaining a sufficient and satisfied driver base is crucial for Uber's operations. High driver churn, dissatisfaction over pay, and the availability of alternative gig economy opportunities can lead to increased acquisition costs, service quality issues, and potential supply shortages, especially during peak demand.
- Macroeconomic Headwinds and Discretionary Spending Sensitivity: Uber's services are largely discretionary. Economic downturns, high inflation, and rising fuel costs can reduce consumer spending on rides and food delivery, while simultaneously increasing operational costs for drivers, potentially impacting demand and profitability.
Main Competitors:
- Lyft ($LYFT) (Ride-hailing), Lyft is Uber's primary ride-hailing competitor in the United States and Canada. They compete directly for market share by offering similar on-demand transportation services, often differentiating through pricing, driver incentives, and loyalty programs.
- DoorDash ($DASH) (Food delivery (DoorDash, Wolt)), DoorDash is a leading food delivery platform and Uber Eats' main rival in many markets, particularly North America. They compete for restaurant partnerships, delivery drivers (Dashers), and customer orders through commission rates, delivery fees, and subscription services like DashPass.
- Grab Holdings Limited ($GRAB) (Ride-hailing, food delivery, financial services (GrabCar, GrabFood, GrabPay)), Grab is a dominant super-app in Southeast Asia, offering a wide range of services including ride-hailing, food delivery, and digital payments. It competes directly with Uber's former operations (Uber sold its SE Asia business to Grab) and other local players, leveraging its integrated ecosystem and strong regional presence.
- DiDi Global Inc. (Ride-hailing, food delivery, bike-sharing), DiDi Global is a major ride-hailing and mobility platform, particularly dominant in China and with significant operations in Latin America and other international markets. It competes with Uber in various regions for riders and drivers, offering a broad suite of transportation and local services.
Moat:
Uber's competitive moat is primarily built on strong network effects, where more riders attract more drivers and vice-versa, leading to greater efficiency and faster service. Its global brand recognition, massive operational scale, and continuous investment in technology (including autonomous vehicles and logistics optimization) further solidify its position. However, the competitive landscape is intense and fragmented, characterized by price sensitivity among both riders and drivers, significant regulatory hurdles in various jurisdictions, and the presence of strong regional players (like Grab and DiDi) who often have deeper local market penetration and integrated 'super-app' strategies. Maintaining driver supply and managing commission rates are ongoing challenges in this highly competitive, low-margin industry.
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 13,203,000,000 | 14,366,000,000 | 13,467,000,000 | 12,651,000,000 | 11,533,000,000 | 11,959,000,000 | 11,188,000,000 | 10,700,000,000 | 10,131,000,000 | 9,936,000,000 | 9,292,000,000 | 9,230,000,000 | 8,823,000,000 | 8,607,000,000 | 8,343,000,000 | 8,073,000,000 | 6,854,000,000 | 5,778,000,000 | 4,845,000,000 | 3,929,000,000 | 2,903,000,000 | 2,226,000,000 | 3,129,000,000 | 2,241,000,000 | 3,543,000,000 | 4,069,000,000 | 3,813,000,000 | 3,166,000,000 | 3,099,000,000 |
yoy | 14.48% | 20.13% | 20.37% | 18.23% | 13.84% | 20.36% | 20.40% | 15.93% | 14.82% | 15.44% | 11.37% | 14.33% | 28.73% | 48.96% | 72.20% | 105.47% | 136.10% | 159.57% | 54.84% | 75.32% | -18.06% | -45.29% | -17.94% | -29.22% | 14.33% | ||||
qoq | -8.10% | 6.68% | 6.45% | 9.69% | -3.56% | 6.89% | 4.56% | 5.62% | 1.96% | 6.93% | 0.67% | 4.61% | 2.51% | 3.16% | 3.34% | 17.79% | 18.62% | 19.26% | 23.31% | 35.34% | 30.41% | -28.86% | 39.63% | -36.75% | -12.93% | 6.71% | 20.44% | 2.16% | |
costs and expenses | |||||||||||||||||||||||||||||
cost of revenue, exclusive of depreciation and amortization shown separately below | 7,258,000,000 | 8,681,000,000 | 8,109,000,000 | 7,611,000,000 | 6,937,000,000 | 7,234,000,000 | 6,761,000,000 | 6,488,000,000 | 6,168,000,000 | 6,057,000,000 | 5,626,000,000 | 5,515,000,000 | 5,259,000,000 | 5,307,000,000 | 5,173,000,000 | 5,153,000,000 | 4,026,000,000 | 3,104,000,000 | 2,438,000,000 | 2,099,000,000 | 1,710,000,000 | 502,000,000 | 1,614,000,000 | 1,252,000,000 | 1,786,000,000 | 1,927,000,000 | 1,860,000,000 | 1,740,000,000 | 1,681,000,000 |
gross profit | 5,945,000,000 | 5,685,000,000 | 5,358,000,000 | 5,040,000,000 | 4,596,000,000 | 4,725,000,000 | 4,427,000,000 | 4,212,000,000 | 3,963,000,000 | 3,879,000,000 | 3,666,000,000 | 3,715,000,000 | 3,564,000,000 | 3,300,000,000 | 3,170,000,000 | 2,920,000,000 | 2,828,000,000 | 2,674,000,000 | 2,407,000,000 | 1,830,000,000 | 1,193,000,000 | 1,724,000,000 | 1,515,000,000 | 989,000,000 | 1,757,000,000 | 2,142,000,000 | 1,953,000,000 | 1,426,000,000 | 1,418,000,000 |
yoy | 29.35% | 20.32% | 21.03% | 19.66% | 15.97% | 21.81% | 20.76% | 13.38% | 11.20% | 17.55% | 15.65% | 27.23% | 26.03% | 23.41% | 31.70% | 59.56% | 137.05% | 55.10% | 58.88% | 85.04% | -32.10% | -19.51% | -22.43% | -30.65% | 23.91% | ||||
qoq | 4.57% | 6.10% | 6.31% | 9.66% | -2.73% | 6.73% | 5.10% | 6.28% | 2.17% | 5.81% | -1.32% | 4.24% | 8.00% | 4.10% | 8.56% | 3.25% | 5.76% | 11.09% | 31.53% | 53.39% | -30.80% | 13.80% | 53.19% | -43.71% | -17.97% | 9.68% | 36.96% | 0.56% | |
gross margin % | 45.03% | 39.57% | 39.79% | 39.84% | 39.85% | 39.51% | 39.57% | 39.36% | 39.12% | 39.04% | 39.45% | 40.25% | 40.39% | 38.34% | 38.00% | 36.17% | 41.26% | 46.28% | 49.68% | 46.58% | 41.10% | 77.45% | 48.42% | 44.13% | 49.59% | 52.64% | 51.22% | 45.04% | 45.76% |
operations and support | 763,000,000 | 755,000,000 | 735,000,000 | 696,000,000 | 668,000,000 | 678,000,000 | 687,000,000 | 682,000,000 | 685,000,000 | 702,000,000 | 683,000,000 | 664,000,000 | 640,000,000 | 605,000,000 | 617,000,000 | 617,000,000 | 574,000,000 | 547,000,000 | 475,000,000 | 432,000,000 | 423,000,000 | 369,000,000 | 365,000,000 | 582,000,000 | 503,000,000 | 506,000,000 | 498,000,000 | 864,000,000 | 434,000,000 |
sales and marketing | 1,326,000,000 | 1,354,000,000 | 1,277,000,000 | 1,210,000,000 | 1,057,000,000 | 1,209,000,000 | 1,096,000,000 | 1,115,000,000 | 917,000,000 | 935,000,000 | 941,000,000 | 1,218,000,000 | 1,262,000,000 | 1,122,000,000 | 1,153,000,000 | 1,218,000,000 | 1,263,000,000 | 1,262,000,000 | 1,168,000,000 | 1,256,000,000 | 1,103,000,000 | 1,038,000,000 | 924,000,000 | 736,000,000 | 885,000,000 | 1,251,000,000 | 1,113,000,000 | 1,222,000,000 | 1,040,000,000 |
research and development | 951,000,000 | 885,000,000 | 862,000,000 | 840,000,000 | 815,000,000 | 785,000,000 | 774,000,000 | 760,000,000 | 790,000,000 | 784,000,000 | 797,000,000 | 808,000,000 | 775,000,000 | 747,000,000 | 760,000,000 | 704,000,000 | 587,000,000 | 558,000,000 | 493,000,000 | 488,000,000 | 515,000,000 | 483,000,000 | 493,000,000 | 584,000,000 | 645,000,000 | 608,000,000 | 755,000,000 | 3,064,000,000 | 409,000,000 |
general and administrative | 798,000,000 | 732,000,000 | 1,183,000,000 | 669,000,000 | 657,000,000 | 1,114,000,000 | 630,000,000 | 686,000,000 | 1,209,000,000 | 603,000,000 | 646,000,000 | 491,000,000 | 942,000,000 | 745,000,000 | 908,000,000 | 851,000,000 | 632,000,000 | 611,000,000 | 625,000,000 | 616,000,000 | 464,000,000 | 531,000,000 | 711,000,000 | 565,000,000 | 859,000,000 | 647,000,000 | 591,000,000 | 1,638,000,000 | 423,000,000 |
depreciation and amortization | 184,000,000 | 185,000,000 | 188,000,000 | 175,000,000 | 171,000,000 | 169,000,000 | 179,000,000 | 173,000,000 | 190,000,000 | 203,000,000 | 205,000,000 | 208,000,000 | 207,000,000 | 223,000,000 | 227,000,000 | 243,000,000 | 254,000,000 | 246,000,000 | 218,000,000 | 226,000,000 | 212,000,000 | 180,000,000 | 138,000,000 | 129,000,000 | 128,000,000 | 101,000,000 | 102,000,000 | 123,000,000 | 146,000,000 |
total costs and expenses | 11,280,000,000 | 12,592,000,000 | 12,354,000,000 | 11,201,000,000 | 10,305,000,000 | 11,189,000,000 | 10,127,000,000 | 9,904,000,000 | 9,959,000,000 | 9,284,000,000 | 8,898,000,000 | 8,904,000,000 | 9,085,000,000 | 8,749,000,000 | 8,838,000,000 | 8,786,000,000 | 7,336,000,000 | 6,328,000,000 | 5,417,000,000 | 5,117,000,000 | 4,427,000,000 | 3,103,000,000 | 4,245,000,000 | 3,848,000,000 | 4,806,000,000 | 5,040,000,000 | 4,919,000,000 | 8,651,000,000 | 4,133,000,000 |
income from operations | 1,923,000,000 | 1,774,000,000 | 1,113,000,000 | 1,450,000,000 | 1,228,000,000 | 770,000,000 | 1,061,000,000 | 796,000,000 | 172,000,000 | 652,000,000 | 394,000,000 | 326,000,000 | -262,000,000 | -142,000,000 | -495,000,000 | -713,000,000 | -482,000,000 | -550,000,000 | -572,000,000 | -1,188,000,000 | -1,524,000,000 | -877,000,000 | -1,116,000,000 | -1,607,000,000 | -1,263,000,000 | -971,000,000 | -1,106,000,000 | -5,485,000,000 | -1,034,000,000 |
yoy | 56.60% | 130.39% | 4.90% | 82.16% | 613.95% | 18.10% | 169.29% | 144.17% | -165.65% | -559.15% | -179.60% | -145.72% | -45.64% | -74.18% | -13.46% | -39.98% | -68.37% | -37.29% | -48.75% | -26.07% | 20.67% | -9.68% | 0.90% | -70.70% | 22.15% | ||||
qoq | 8.40% | 59.39% | -23.24% | 18.08% | 59.48% | -27.43% | 33.29% | 362.79% | -73.62% | 65.48% | 20.86% | -224.43% | 84.51% | -71.31% | -30.58% | 47.93% | -12.36% | -3.85% | -51.85% | -22.05% | 73.77% | -21.42% | -30.55% | 27.24% | 30.07% | -12.21% | -79.84% | 430.46% | |
operating margin % | 14.56% | 12.35% | 8.26% | 11.46% | 10.65% | 6.44% | 9.48% | 7.44% | 1.70% | 6.56% | 4.24% | 3.53% | -2.97% | -1.65% | -5.93% | -8.83% | -7.03% | -9.52% | -11.81% | -30.24% | -52.50% | -39.40% | -35.67% | -71.71% | -35.65% | -23.86% | -29.01% | -173.25% | -33.37% |
interest expense | -108,000,000 | -115,000,000 | -112,000,000 | -108,000,000 | -105,000,000 | -117,000,000 | -143,000,000 | -139,000,000 | -124,000,000 | -155,000,000 | -166,000,000 | -144,000,000 | -168,000,000 | -151,000,000 | -146,000,000 | -139,000,000 | -129,000,000 | -130,000,000 | -123,000,000 | -115,000,000 | -115,000,000 | -118,000,000 | -112,000,000 | -110,000,000 | -118,000,000 | -101,000,000 | -90,000,000 | -151,000,000 | -217,000,000 |
interest income | 175,000,000 | ||||||||||||||||||||||||||||
other income | -1,494,000,000 | -2,111,000,000 | 1,619,000,000 | 162,000,000 | 262,000,000 | 256,000,000 | 1,851,000,000 | 420,000,000 | -678,000,000 | 1,331,000,000 | -52,000,000 | 273,000,000 | 292,000,000 | 767,000,000 | -535,000,000 | -1,704,000,000 | -5,557,000,000 | 1,471,000,000 | -1,832,000,000 | 1,943,000,000 | 1,710,000,000 | 63,000,000 | 151,000,000 | -44,000,000 | -1,795,000,000 | 15,000,000 | 49,000,000 | 398,000,000 | 260,000,000 |
income before income taxes and loss from equity method investments | 496,000,000 | 1,377,250,000 | 2,620,000,000 | 1,504,000,000 | 1,385,000,000 | 640,000,000 | 71,000,000 | ||||||||||||||||||||||
provision for income taxes | 194,000,000 | -40,000,000 | -4,046,000,000 | 142,000,000 | -402,000,000 | -6,002,000,000 | 158,000,000 | 57,000,000 | 29,000,000 | 133,000,000 | -40,000,000 | 65,000,000 | 55,000,000 | -84,000,000 | 58,000,000 | 77,000,000 | -232,000,000 | -97,000,000 | -101,000,000 | -479,000,000 | 185,000,000 | 23,000,000 | 23,000,000 | 4,000,000 | -242,000,000 | 25,000,000 | 3,000,000 | -2,000,000 | 19,000,000 |
loss from equity method investments | -20,000,000 | -9,750,000 | -14,000,000 | -12,000,000 | -13,000,000 | -9,000,000 | -13,000,000 | -7,000,000 | -8,000,000 | -7,000,000 | -8,000,000 | -7,000,000 | |||||||||||||||||
net income including non-controlling interests | 282,000,000 | 317,000,000 | 6,652,000,000 | 1,350,000,000 | 1,774,000,000 | 6,901,000,000 | 2,599,000,000 | 1,008,000,000 | 1,700,000,000 | 219,000,000 | 394,000,000 | -2,616,000,000 | 1,112,000,000 | -1,091,000,000 | -1,159,000,000 | ||||||||||||||
less: net income attributable to non-controlling interests, net of tax | 19,000,000 | 21,000,000 | 26,000,000 | 271,000,000 | -2,000,000 | 5,000,000 | 2,000,000 | 12,000,000 | -32,000,000 | -6,750,000 | -19,000,000 | 3,000,000 | -2,750,000 | 3,000,000 | |||||||||||||||
net income | 263,000,000 | 296,000,000 | 6,626,000,000 | 1,355,000,000 | 1,776,000,000 | 6,883,000,000 | 2,612,000,000 | 1,015,000,000 | 1,429,000,000 | 221,000,000 | 394,000,000 | -2,601,000,000 | 1,144,000,000 | -1,096,000,000 | -1,162,000,000 | -5,236,000,000 | -1,012,000,000 | ||||||||||||
yoy | -85.19% | -95.70% | 153.68% | 33.50% | 381.67% | 1081.90% | 157.61% | -115.15% | -327.36% | ||||||||||||||||||||
qoq | -11.15% | -95.53% | 389.00% | -23.70% | -74.20% | 163.51% | 157.34% | 546.61% | -43.91% | -5.68% | -77.81% | 417.39% | |||||||||||||||||
net income margin % | 1.99% | 2.06% | 49.20% | 10.71% | 15.40% | 57.55% | 23.35% | 9.49% | 0% | 14.38% | 2.38% | 4.27% | 0% | 0% | 0% | -32.22% | 0% | 0% | 0% | 29.12% | 0% | 0% | 0% | 0% | 0% | -26.94% | -30.47% | -165.38% | -32.66% |
net income per share | |||||||||||||||||||||||||||||
basic | 0.13 | 0.15 | 3.18 | 0.65 | 0.85 | 3.29 | 1.24 | 0.49 | -0.31 | 0.7 | 0.11 | 0.19 | -0.08 | 0.32 | -0.61 | -1.32 | -3.03 | 0.48 | -1.28 | 0.61 | -0.06 | -0.53 | -0.62 | -1.02 | -1.7 | -0.02 | -0.68 | -4.72 | -2.23 |
diluted | 0.13 | 0.16 | 3.11 | 0.63 | 0.83 | 3.2 | 1.2 | 0.47 | -0.32 | 0.67 | 0.1 | 0.18 | -0.08 | 0.32 | -0.61 | -1.33 | -3.04 | 0.46 | -1.28 | 0.58 | -0.06 | -0.53 | -0.62 | -1.02 | -1.7 | -0.02 | -0.68 | -4.72 | -2.26 |
weighted-average shares used for eps calculation | |||||||||||||||||||||||||||||
basic | 2,052,187 | 2,085,253 | 2,084,180 | 2,091,106 | 2,092,464 | 2,094,602 | 2,101,660 | 2,092,180 | 2,078,467 | 2,035,651 | 2,044,688 | 2,026,813 | 2,009,557 | 1,972,131 | 1,979,299 | 1,964,304 | 1,953,989 | 1,892,546 | 1,898,954 | 1,875,156 | 1,858,525 | 1,752,960 | 1,755,029 | 1,738,897 | 1,724,367 | 1,248,353 | 1,700,213 | 1,110,704 | 453,543 |
diluted | 2,071,391 | 2,119,689 | 2,124,391 | 2,125,628 | 2,122,618 | 2,150,508 | 2,154,466 | 2,150,019 | 2,080,168 | 2,091,782 | 2,108,479 | 2,079,265 | 2,009,557 | 1,974,928 | 1,979,299 | 1,968,882 | 1,957,731 | 1,895,519 | 1,898,954 | 1,955,975 | 1,858,525 | 1,752,960 | 1,755,029 | 1,738,897 | 1,724,367 | 1,248,353 | 1,700,213 | 1,110,704 | 453,619 |
less: net loss attributable to non-controlling interests, net of tax | -5,000,000 | -2,000,000 | -7,250,000 | -13,000,000 | -7,000,000 | -9,000,000 | -15,000,000 | -13,000,000 | -15,000,000 | -14,000,000 | -10,000,000 | ||||||||||||||||||
income before income taxes and income from equity method investments | 909,000,000 | 2,769,000,000 | 1,077,000,000 | 1,828,000,000 | 176,000,000 | 455,000,000 | -2,556,000,000 | -6,168,000,000 | |||||||||||||||||||||
income from equity method investments | -10,000,000 | -12,000,000 | -12,000,000 | -4,000,000 | 5,000,000 | 3,000,000 | 4,000,000 | 36,000,000 | 42,000,000 | 30,000,000 | 17,000,000 | 18,000,000 | |||||||||||||||||
loss before income taxes and income from equity method investments | -630,000,000 | -138,000,000 | 474,000,000 | -1,176,000,000 | |||||||||||||||||||||||||
net loss including non-controlling interests | -663,000,000 | -157,000,000 | 600,000,000 | -1,204,000,000 | -5,918,000,000 | 879,000,000 | -2,439,000,000 | -122,000,000 | -1,456,500,000 | -1,108,000,000 | -1,772,000,000 | -2,946,000,000 | |||||||||||||||||
net loss attributable to uber technologies, inc. | -654,000,000 | -157,000,000 | 595,000,000 | -1,206,000,000 | -5,930,000,000 | 892,000,000 | -2,424,000,000 | -108,000,000 | -1,449,750,000 | -1,089,000,000 | -1,775,000,000 | -2,936,000,000 | |||||||||||||||||
loss before income taxes and loss from equity method investments | 791,000,000 | -2,527,000,000 | -1,503,500,000 | -1,077,000,000 | -1,761,000,000 | ||||||||||||||||||||||||
loss before income taxes and loss from equity method investment | -3,176,000,000 | ||||||||||||||||||||||||||||
loss from equity method investments, net of tax | -12,000,000 | ||||||||||||||||||||||||||||
income before income taxes and loss from equity method investment | -1,057,000,000 | -1,147,000,000 | -5,238,000,000 | -991,000,000 | |||||||||||||||||||||||||
loss from equity method investment, net of tax | -9,000,000 | -9,000,000 | -10,000,000 | -6,000,000 | |||||||||||||||||||||||||
net income including redeemable non-controlling interest | -5,246,000,000 | -1,016,000,000 | |||||||||||||||||||||||||||
less: net loss attributable to redeemable non-controlling interest, net of tax | -10,000,000 | -4,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||
cash and cash equivalents | 5,558,000,000 | 7,105,000,000 | 8,432,000,000 | 6,438,000,000 | 5,132,000,000 | 5,893,000,000 | 6,150,000,000 | 4,497,000,000 | 5,019,000,000 | 4,680,000,000 | 4,448,000,000 | 4,995,000,000 | 4,045,000,000 | 4,208,000,000 | 4,865,000,000 | 4,397,000,000 | 4,184,000,000 | 4,295,000,000 | 6,482,000,000 | 4,443,000,000 | 4,836,000,000 | 5,647,000,000 | 6,154,000,000 | 6,754,000,000 | 8,165,000,000 | 10,873,000,000 | 12,650,000,000 | 11,744,000,000 | 5,745,000 |
short-term investments | 533,000,000 | 528,000,000 | 654,000,000 | 932,000,000 | 894,000,000 | 1,084,000,000 | 2,913,000,000 | 1,795,000,000 | 744,000,000 | 727,000,000 | 725,000,000 | 538,000,000 | 121,000,000 | 103,000,000 | 560,000,000 | 819,000,000 | 1,180,000,000 | 1,132,000,000 | 1,033,000,000 | 831,000,000 | 440,000,000 | ||||||||
restricted cash and cash equivalents | 680,000,000 | 631,000,000 | 477,000,000 | 1,191,000,000 | 1,253,000,000 | 545,000,000 | 933,000,000 | 776,000,000 | 808,000,000 | 805,000,000 | 833,000,000 | 909,000,000 | 897,000,000 | 680,000,000 | 593,000,000 | 526,000,000 | 543,000,000 | 631,000,000 | 414,000,000 | 324,000,000 | 247,000,000 | 250,000,000 | 218,000,000 | 123,000,000 | 193,000,000 | 99,000,000 | 33,000,000 | 137,000,000 | 136,000 |
accounts receivable | 3,895,000,000 | 3,827,000,000 | 3,773,000,000 | 3,769,000,000 | 3,489,000,000 | 3,333,000,000 | 3,719,000,000 | 3,783,000,000 | 3,708,000,000 | 3,404,000,000 | 3,000,000,000 | 2,576,000,000 | 2,571,000,000 | 2,779,000,000 | 2,468,000,000 | 2,459,000,000 | 2,476,000,000 | 2,439,000,000 | 1,333,000,000 | 1,201,000,000 | 1,075,000,000 | 1,073,000,000 | 773,000,000 | 604,000,000 | 683,000,000 | 1,214,000,000 | 1,154,000,000 | 1,290,000,000 | 1,074,000 |
prepaid expenses and other current assets | 2,157,000,000 | 1,902,000,000 | 1,803,000,000 | 1,777,000,000 | 1,582,000,000 | 1,390,000,000 | 1,616,000,000 | 1,632,000,000 | 1,795,000,000 | 1,681,000,000 | 1,673,000,000 | 1,646,000,000 | 1,562,000,000 | 1,479,000,000 | 1,442,000,000 | 1,369,000,000 | 1,462,000,000 | 1,454,000,000 | 1,455,000,000 | 1,255,000,000 | 1,318,000,000 | 1,215,000,000 | 1,135,000,000 | 1,148,000,000 | 1,242,000,000 | 1,299,000,000 | 1,316,000,000 | 1,129,000,000 | 975,000 |
total current assets | 12,823,000,000 | 13,993,000,000 | 15,139,000,000 | 14,107,000,000 | 12,350,000,000 | 12,245,000,000 | 15,331,000,000 | 12,483,000,000 | 12,074,000,000 | 11,297,000,000 | 10,679,000,000 | 10,664,000,000 | 9,196,000,000 | 9,249,000,000 | 9,368,000,000 | 8,751,000,000 | 8,665,000,000 | 8,819,000,000 | 9,684,000,000 | 7,783,000,000 | 8,295,000,000 | 9,882,000,000 | 9,412,000,000 | 9,662,000,000 | 11,114,000,000 | 13,925,000,000 | 15,153,000,000 | 14,300,000,000 | 7,930,000 |
restricted investments | 9,026,000,000 | 8,874,000,000 | 7,882,000,000 | 7,864,000,000 | 7,371,000,000 | 7,019,000,000 | 6,552,000,000 | 5,061,000,000 | 4,812,000,000 | 4,779,000,000 | 3,944,000,000 | 1,808,000,000 | 1,964,000,000 | 1,614,000,000 | |||||||||||||||
investments | 8,109,000,000 | 9,178,000,000 | 10,330,000,000 | 8,660,000,000 | 8,746,000,000 | 8,460,000,000 | 7,921,000,000 | 6,203,000,000 | 5,587,000,000 | 6,101,000,000 | 5,091,000,000 | 5,108,000,000 | 4,718,000,000 | 4,401,000,000 | 3,643,000,000 | 4,572,000,000 | 6,247,000,000 | 11,806,000,000 | 12,239,000,000 | 13,774,000,000 | 11,794,000,000 | 9,052,000,000 | 8,983,000,000 | 8,813,000,000 | 8,687,000,000 | 10,527,000,000 | 10,412,000,000 | 10,415,000,000 | 10,396,000 |
equity method investments | 268,000,000 | 287,000,000 | 315,000,000 | 331,000,000 | 338,000,000 | 302,000,000 | 314,000,000 | 342,000,000 | 354,000,000 | 353,000,000 | 50,000,000 | 59,000,000 | 740,000,000 | 870,000,000 | 902,000,000 | 521,000,000 | 624,000,000 | 800,000,000 | 971,000,000 | 1,097,000,000 | 1,127,000,000 | 1,079,000,000 | 1,190,000,000 | 1,062,000,000 | 1,299,000,000 | 1,364,000,000 | 1,393,000,000 | 1,370,000,000 | 1,320,000 |
property and equipment | 1,842,000,000 | 1,897,000,000 | 1,930,000,000 | 1,948,000,000 | 1,941,000,000 | 1,952,000,000 | 1,982,000,000 | 2,034,000,000 | 2,033,000,000 | 2,073,000,000 | 2,100,000,000 | 2,116,000,000 | 2,142,000,000 | 2,082,000,000 | 1,942,000,000 | 1,861,000,000 | 1,853,000,000 | 1,853,000,000 | 1,781,000,000 | 1,776,000,000 | 1,757,000,000 | 1,814,000,000 | 1,883,000,000 | 1,846,000,000 | 1,851,000,000 | 1,731,000,000 | 1,537,000,000 | 1,447,000,000 | 1,325,000 |
operating lease right-of-use assets | 1,458,000,000 | 1,114,000,000 | 1,126,000,000 | 1,153,000,000 | 1,162,000,000 | 1,158,000,000 | 1,190,000,000 | 1,181,000,000 | 1,216,000,000 | 1,241,000,000 | 1,259,000,000 | 1,295,000,000 | 1,335,000,000 | 1,449,000,000 | 1,405,000,000 | 1,481,000,000 | 1,439,000,000 | 1,388,000,000 | 1,218,000,000 | 1,238,000,000 | 1,267,000,000 | 1,274,000,000 | 1,327,000,000 | 1,441,000,000 | 1,589,000,000 | 1,594,000,000 | 1,538,000,000 | 1,337,000,000 | 1,323,000 |
intangible assets | 990,000,000 | 1,048,000,000 | 1,104,000,000 | 1,187,000,000 | 1,065,000,000 | 1,125,000,000 | 1,192,000,000 | 1,265,000,000 | 1,335,000,000 | 1,425,000,000 | 1,511,000,000 | 1,607,000,000 | 1,766,000,000 | 1,874,000,000 | 1,992,000,000 | 2,122,000,000 | 2,269,000,000 | 2,412,000,000 | 1,278,000,000 | 1,378,000,000 | 1,455,000,000 | 1,564,000,000 | 654,000,000 | 533,000,000 | 560,000,000 | 71,000,000 | 74,000,000 | 78,000,000 | 78,000 |
goodwill | 8,919,000,000 | 8,931,000,000 | 8,917,000,000 | 8,907,000,000 | 8,069,000,000 | 8,066,000,000 | 8,086,000,000 | 8,083,000,000 | 8,089,000,000 | 8,151,000,000 | 8,140,000,000 | 8,151,000,000 | 8,185,000,000 | 8,263,000,000 | 8,300,000,000 | 8,359,000,000 | 8,435,000,000 | 8,420,000,000 | 6,447,000,000 | 6,448,000,000 | 6,352,000,000 | 6,109,000,000 | 2,988,000,000 | 2,518,000,000 | 2,566,000,000 | 167,000,000 | 167,000,000 | 167,000,000 | 153,000 |
deferred tax assets | 10,844,000,000 | 10,951,000,000 | 10,710,000,000 | 6,524,000,000 | 6,592,000,000 | 6,171,000,000 | |||||||||||||||||||||||
other assets | 3,734,000,000 | 3,618,000,000 | 3,317,000,000 | 3,263,000,000 | 2,973,000,000 | 2,574,000,000 | 2,629,000,000 | 2,254,000,000 | 1,942,000,000 | 1,760,000,000 | 1,591,000,000 | 704,000,000 | 554,000,000 | 518,000,000 | 384,000,000 | 406,000,000 | 415,000,000 | 397,000,000 | 372,000,000 | 346,000,000 | 332,000,000 | 124,000,000 | 123,000,000 | 120,000,000 | 146,000,000 | 88,000,000 | 60,000,000 | 57,000,000 | 64,000 |
total assets | 59,885,000,000 | 61,802,000,000 | 63,344,000,000 | 55,982,000,000 | 52,822,000,000 | 51,244,000,000 | 47,117,000,000 | 41,514,000,000 | 39,599,000,000 | 38,699,000,000 | 35,949,000,000 | 34,068,000,000 | 32,451,000,000 | 32,109,000,000 | 31,112,000,000 | 31,014,000,000 | 32,812,000,000 | 38,774,000,000 | 36,884,000,000 | 36,251,000,000 | 34,655,000,000 | 33,252,000,000 | 28,894,000,000 | 28,240,000,000 | 30,090,000,000 | 31,761,000,000 | 32,292,000,000 | 30,980,000,000 | 24,390,000 |
liabilities, redeemable non-controlling interests and equity | |||||||||||||||||||||||||||||
accounts payable | 1,189,000,000 | 1,013,000,000 | 1,119,000,000 | 1,022,000,000 | 873,000,000 | 858,000,000 | 802,000,000 | 752,000,000 | 833,000,000 | 790,000,000 | 799,000,000 | 694,000,000 | 712,000,000 | 728,000,000 | 774,000,000 | 810,000,000 | 862,000,000 | 860,000,000 | 310,000,000 | 429,000,000 | 232,000,000 | 235,000,000 | 240,000,000 | 253,000,000 | 215,000,000 | 272,000,000 | 126,000,000 | 167,000,000 | 151,000 |
short-term insurance reserves | 3,467,000,000 | 3,387,000,000 | 3,268,000,000 | 3,107,000,000 | 2,873,000,000 | 2,754,000,000 | 2,523,000,000 | 2,387,000,000 | 2,082,000,000 | 2,016,000,000 | 1,823,000,000 | 1,729,000,000 | 1,658,000,000 | 1,692,000,000 | 1,433,000,000 | 1,449,000,000 | 1,415,000,000 | 1,442,000,000 | 1,379,000,000 | 1,221,000,000 | 1,216,000,000 | 1,243,000,000 | 1,289,000,000 | 1,248,000,000 | 1,073,000,000 | 1,121,000,000 | 1,023,000,000 | 977,000,000 | 961,000 |
operating lease liabilities, current | 195,000,000 | 169,000,000 | 163,000,000 | 176,000,000 | 177,000,000 | 175,000,000 | 178,000,000 | 198,000,000 | 184,000,000 | 190,000,000 | 174,000,000 | 179,000,000 | 193,000,000 | 201,000,000 | 189,000,000 | 215,000,000 | 209,000,000 | 185,000,000 | 168,000,000 | 177,000,000 | 171,000,000 | 175,000,000 | 175,000,000 | 188,000,000 | 205,000,000 | 196,000,000 | 197,000,000 | 180,000,000 | 178,000 |
accrued and other current liabilities | 7,142,000,000 | 7,751,000,000 | 8,571,000,000 | 8,381,000,000 | 8,190,000,000 | 7,689,000,000 | 7,332,000,000 | 6,981,000,000 | 6,894,000,000 | 6,458,000,000 | 6,609,000,000 | 6,033,000,000 | 6,120,000,000 | 6,232,000,000 | 6,624,000,000 | 6,471,000,000 | 6,166,000,000 | 6,537,000,000 | 6,269,000,000 | 5,857,000,000 | 5,669,000,000 | 5,112,000,000 | 5,217,000,000 | 4,202,000,000 | 5,138,000,000 | 4,050,000,000 | 4,026,000,000 | 4,246,000,000 | 3,424,000 |
total current liabilities | 11,993,000,000 | 12,320,000,000 | 13,121,000,000 | 12,686,000,000 | 12,113,000,000 | 11,476,000,000 | 10,835,000,000 | 10,318,000,000 | 9,993,000,000 | 9,454,000,000 | 9,405,000,000 | 8,635,000,000 | 8,683,000,000 | 8,853,000,000 | 9,020,000,000 | 8,945,000,000 | 8,652,000,000 | 9,024,000,000 | 8,126,000,000 | 7,684,000,000 | 7,288,000,000 | 6,865,000,000 | 6,921,000,000 | 5,891,000,000 | 6,631,000,000 | 5,639,000,000 | 5,372,000,000 | 5,570,000,000 | 4,714,000 |
long-term insurance reserves | 9,437,000,000 | 9,076,000,000 | 8,611,000,000 | 8,183,000,000 | 7,599,000,000 | 7,042,000,000 | 6,623,000,000 | 5,733,000,000 | 5,346,000,000 | 4,722,000,000 | 4,337,000,000 | 3,931,000,000 | 3,412,000,000 | 3,028,000,000 | 3,036,000,000 | 2,865,000,000 | 2,709,000,000 | 2,546,000,000 | 2,577,000,000 | 2,268,000,000 | 2,224,000,000 | 2,223,000,000 | 2,113,000,000 | 2,161,000,000 | 2,421,000,000 | 2,297,000,000 | 2,271,000,000 | 2,217,000,000 | 2,137,000 |
long-term debt | 10,514,000,000 | 10,521,000,000 | 10,615,000,000 | 9,578,000,000 | 8,350,000,000 | 8,347,000,000 | 10,986,000,000 | 9,454,000,000 | 9,457,000,000 | 9,459,000,000 | 9,252,000,000 | 9,255,000,000 | 9,257,000,000 | 9,265,000,000 | 9,268,000,000 | 9,271,000,000 | 9,273,000,000 | 9,276,000,000 | 9,279,000,000 | 7,798,000,000 | 7,801,000,000 | 7,560,000,000 | 6,667,000,000 | 6,691,000,000 | 5,703,000,000 | 5,707,000,000 | 5,711,000,000 | 4,526,000,000 | 6,939,000 |
operating lease liabilities, non-current | 1,710,000,000 | 1,390,000,000 | 1,412,000,000 | 1,438,000,000 | 1,447,000,000 | 1,454,000,000 | 1,496,000,000 | 1,492,000,000 | 1,520,000,000 | 1,550,000,000 | 1,565,000,000 | 1,597,000,000 | 1,629,000,000 | 1,673,000,000 | 1,626,000,000 | 1,711,000,000 | 1,681,000,000 | 1,644,000,000 | 1,488,000,000 | 1,513,000,000 | 1,531,000,000 | 1,544,000,000 | 1,527,000,000 | 1,525,000,000 | 1,519,000,000 | 1,523,000,000 | 1,459,000,000 | 1,274,000,000 | 1,225,000 |
other long-term liabilities | 419,000,000 | 412,000,000 | 430,000,000 | 467,000,000 | 408,000,000 | 449,000,000 | 638,000,000 | 734,000,000 | 784,000,000 | 832,000,000 | 871,000,000 | 822,000,000 | 798,000,000 | 786,000,000 | 762,000,000 | 659,000,000 | 679,000,000 | 935,000,000 | 1,129,000,000 | 1,244,000,000 | 1,740,000,000 | 1,306,000,000 | 1,484,000,000 | 1,451,000,000 | 1,498,000,000 | 1,412,000,000 | 1,428,000,000 | 1,485,000,000 | 3,587,000 |
total liabilities | 34,073,000,000 | 33,719,000,000 | 34,189,000,000 | 32,352,000,000 | 29,917,000,000 | 28,768,000,000 | 30,578,000,000 | 27,731,000,000 | 27,100,000,000 | 26,017,000,000 | 25,430,000,000 | 24,240,000,000 | 23,779,000,000 | 23,605,000,000 | 23,712,000,000 | 23,451,000,000 | 22,994,000,000 | 23,425,000,000 | 22,599,000,000 | 20,507,000,000 | 20,584,000,000 | 19,498,000,000 | 18,712,000,000 | 17,719,000,000 | 17,772,000,000 | 16,578,000,000 | 16,241,000,000 | 15,072,000,000 | 18,602,000 |
commitments and contingencies | |||||||||||||||||||||||||||||
redeemable non-controlling interests | 171,000,000 | 165,000,000 | 158,000,000 | 183,000,000 | 93,000,000 | 93,000,000 | 946,000,000 | 631,000,000 | 651,000,000 | 654,000,000 | 394,000,000 | 408,000,000 | 419,000,000 | 430,000,000 | 430,000,000 | 194,000,000 | 205,000,000 | 204,000,000 | 229,000,000 | 1,569,000,000 | 473,000,000 | 787,000,000 | 549,000,000 | 282,000,000 | 290,000,000 | 311,000,000 | 309,000,000 | ||
equity | |||||||||||||||||||||||||||||
common stock, 0.00001 par value... | |||||||||||||||||||||||||||||
additional paid-in capital | 35,527,000,000 | 38,101,000,000 | 39,499,000,000 | 40,625,000,000 | 41,406,000,000 | 42,801,000,000 | 42,825,000,000 | 43,062,000,000 | 42,743,000,000 | 42,264,000,000 | 42,147,000,000 | 41,637,000,000 | 41,030,000,000 | 40,550,000,000 | 40,020,000,000 | 39,523,000,000 | 38,977,000,000 | 38,608,000,000 | 37,281,000,000 | 35,588,000,000 | 36,182,000,000 | 35,931,000,000 | 31,549,000,000 | 31,267,000,000 | 31,035,000,000 | 30,739,000,000 | 30,513,000,000 | 30,193,000,000 | 682,000 |
accumulated other comprehensive loss | -421,000,000 | -432,000,000 | -430,000,000 | -435,000,000 | -485,000,000 | -517,000,000 | -424,000,000 | -479,000,000 | -437,000,000 | -421,000,000 | -480,000,000 | -443,000,000 | -598,000,000 | -443,000,000 | -410,000,000 | -705,000,000 | -505,000,000 | -524,000,000 | -535,000,000 | -445,000,000 | -644,000,000 | -395,000,000 | -187,000,000 | -185,000,000 | -167,000,000 | -246,000 | |||
accumulated deficit | -10,355,000,000 | -10,628,000,000 | -10,935,000,000 | -17,592,000,000 | -18,946,000,000 | -20,726,000,000 | -27,621,000,000 | -30,233,000,000 | -31,248,000,000 | -30,594,000,000 | -32,309,000,000 | -32,530,000,000 | -32,924,000,000 | -32,767,000,000 | -33,363,000,000 | -32,157,000,000 | -29,556,000,000 | -23,626,000,000 | -24,518,000,000 | -22,094,000,000 | -23,238,000,000 | -23,130,000,000 | -22,162,000,000 | -21,073,000,000 | -19,298,000,000 | -16,362,000,000 | -15,266,000,000 | -14,104,000,000 | -8,868,000 |
total uber technologies, inc. stockholders' equity | 24,751,000,000 | 27,041,000,000 | 28,134,000,000 | 22,598,000,000 | 21,975,000,000 | 21,558,000,000 | 14,780,000,000 | 12,350,000,000 | 11,058,000,000 | 11,249,000,000 | 9,358,000,000 | 8,664,000,000 | 7,508,000,000 | 7,340,000,000 | 6,247,000,000 | 6,661,000,000 | 8,916,000,000 | 14,458,000,000 | 13,931,000,000 | 14,175,000,000 | 13,598,000,000 | 12,266,000,000 | 8,942,000,000 | 9,550,000,000 | 11,342,000,000 | 14,190,000,000 | 15,062,000,000 | ||
non-redeemable non-controlling interests | 890,000,000 | 877,000,000 | 863,000,000 | 849,000,000 | 837,000,000 | 825,000,000 | 813,000,000 | 802,000,000 | 790,000,000 | 779,000,000 | 767,000,000 | 756,000,000 | 745,000,000 | 734,000,000 | 723,000,000 | 708,000,000 | 697,000,000 | 687,000,000 | 125,000,000 | 701,000,000 | 691,000,000 | 689,000,000 | 686,000,000 | 682,000,000 | 680,000,000 | ||||
total equity | 25,641,000,000 | 27,918,000,000 | 28,997,000,000 | 23,447,000,000 | 22,812,000,000 | 22,383,000,000 | 15,593,000,000 | 13,152,000,000 | 11,848,000,000 | 12,028,000,000 | 10,125,000,000 | 9,420,000,000 | 8,253,000,000 | 8,074,000,000 | 6,970,000,000 | 7,369,000,000 | 9,613,000,000 | 15,145,000,000 | 14,056,000,000 | 14,175,000,000 | 13,598,000,000 | 12,967,000,000 | 9,633,000,000 | 10,239,000,000 | 12,028,000,000 | 14,872,000,000 | 15,742,000,000 | ||
total liabilities, redeemable non-controlling interests and equity | 59,885,000,000 | 61,802,000,000 | 63,344,000,000 | 55,982,000,000 | 52,822,000,000 | 51,244,000,000 | 47,117,000,000 | 41,514,000,000 | 39,599,000,000 | 38,699,000,000 | 35,949,000,000 | 34,068,000,000 | 32,451,000,000 | 32,109,000,000 | 31,112,000,000 | 31,014,000,000 | 32,812,000,000 | 38,774,000,000 | 36,884,000,000 | 36,251,000,000 | 34,655,000,000 | ||||||||
assets held for sale | 517,000,000 | ||||||||||||||||||||||||||||
collateral held by insurer | 724,000,000 | 752,000,000 | 860,000,000 | 940,000,000 | 1,021,000,000 | 1,107,000,000 | 1,199,000,000 | ||||||||||||||||||||||
liabilities held for sale | 100,000,000 | ||||||||||||||||||||||||||||
accumulated other comprehensive income | 1,168,000,000 | 681,000,000 | 654,000,000 | ||||||||||||||||||||||||||
liabilities, mezzanine equity and equity | |||||||||||||||||||||||||||||
mezzanine equity | |||||||||||||||||||||||||||||
total liabilities, mezzanine equity and equity | 33,252,000,000 | 28,894,000,000 | 28,240,000,000 | 30,090,000,000 | 31,761,000,000 | 32,292,000,000 | |||||||||||||||||||||||
redeemable convertible preferred stock, 0.00001 par value... | 14,224,000 | ||||||||||||||||||||||||||||
liabilities, mezzanine equity and stockholders’ equity | |||||||||||||||||||||||||||||
redeemable non-controlling interest | -14,000,000 | -4,000 | |||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||
total stockholders’ equity | 15,922,000,000 | ||||||||||||||||||||||||||||
total liabilities, mezzanine equity, and stockholders’ equity | 30,980,000,000 | ||||||||||||||||||||||||||||
liabilities, mezzanine equity and stockholders’ deficit | |||||||||||||||||||||||||||||
stockholders’ deficit | |||||||||||||||||||||||||||||
total stockholders’ deficit | -8,432,000 | ||||||||||||||||||||||||||||
total liabilities, mezzanine equity, and stockholders’ deficit | 24,390,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||
net income including non-controlling interests | 282,000,000 | 317,000,000 | 6,652,000,000 | 1,350,000,000 | 1,774,000,000 | 6,901,000,000 | 2,599,000,000 | 1,700,000,000 | 219,000,000 | -1,091,000,000 | |||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||
depreciation and amortization | 191,000,000 | 193,000,000 | 195,000,000 | 181,000,000 | 178,000,000 | 176,000,000 | 186,000,000 | 181,000,000 | 194,000,000 | 203,000,000 | 205,000,000 | 208,000,000 | 207,000,000 | 223,000,000 | 227,000,000 | 243,000,000 | 254,000,000 | 246,000,000 | 218,000,000 | 226,000,000 | 212,000,000 | 180,000,000 | 138,000,000 | 129,000,000 | 128,000,000 | 101,000,000 | 102,000,000 | 123,000,000 | 146,000,000 |
stock-based compensation | 473,000,000 | 451,000,000 | 465,000,000 | 475,000,000 | 435,000,000 | 419,000,000 | 438,000,000 | 455,000,000 | 484,000,000 | 469,000,000 | 492,000,000 | 504,000,000 | 470,000,000 | 482,000,000 | 482,000,000 | 470,000,000 | 359,000,000 | 334,000,000 | 281,000,000 | 272,000,000 | 281,000,000 | 236,000,000 | 183,000,000 | 131,000,000 | 277,000,000 | 243,000,000 | 401,000,000 | 3,941,000,000 | 11,000,000 |
deferred income taxes | 106,000,000 | -287,000,000 | -4,167,000,000 | 87,000,000 | -412,000,000 | -6,128,000,000 | 124,000,000 | -7,000,000 | -16,000,000 | -6,000,000 | 16,000,000 | 6,000,000 | 10,000,000 | -190,000,000 | 16,000,000 | 14,000,000 | -281,000,000 | -210,000,000 | -115,000,000 | -487,000,000 | 120,000,000 | 6,000,000 | 10,000,000 | ||||||
unrealized loss on debt and equity securities | 1,474,000,000 | 17,000,000 | -51,000,000 | -333,000,000 | 721,000,000 | -1,000,000,000 | 96,000,000 | -386,000,000 | -320,000,000 | -752,000,000 | 550,000,000 | 1,677,000,000 | 5,570,000,000 | -1,198,000,000 | 2,031,000,000 | -1,912,000,000 | -63,000,000 | 2,000,000 | 7,000,000 | 2,000,000 | 114,000,000 | ||||||||
unrealized foreign currency transactions | 5,000,000 | 10,000,000 | 22,000,000 | -101,000,000 | -51,000,000 | 135,000,000 | -36,000,000 | 59,000,000 | 150,000,000 | -18,000,000 | 71,000,000 | 2,000,000 | 83,000,000 | 71,000,000 | 15,000,000 | 25,000,000 | -15,000,000 | 26,000,000 | 14,000,000 | -15,000,000 | 13,000,000 | 4,000,000 | 31,000,000 | 6,000,000 | 7,000,000 | 32,000,000 | -11,000,000 | -1,000,000 | -4,000,000 |
other | 20,000,000 | 103,000,000 | -16,000,000 | 106,000,000 | -27,000,000 | 257,000,000 | -31,000,000 | -79,000,000 | -59,000,000 | -23,000,000 | -35,000,000 | 6,000,000 | 4,000,000 | -12,000,000 | 7,000,000 | -7,000,000 | 5,000,000 | -46,000,000 | -12,000,000 | -3,000,000 | 65,000,000 | -4,000,000 | -34,000,000 | 5,000,000 | -10,000,000 | 5,000,000 | 19,000,000 | 0 | -1,000,000 |
change in assets and liabilities, net of impact of business acquisitions and disposals: | |||||||||||||||||||||||||||||
accounts receivable | -74,000,000 | -109,000,000 | -22,000,000 | -212,000,000 | -123,000,000 | 246,000,000 | 196,000,000 | -162,000,000 | -422,000,000 | -395,000,000 | -518,000,000 | -13,000,000 | 168,000,000 | -323,000,000 | -90,000,000 | -103,000,000 | -26,000,000 | -243,000,000 | -205,000,000 | -114,000,000 | -35,000,000 | -238,000,000 | -137,000,000 | 73,000,000 | 444,000,000 | -65,000,000 | 94,000,000 | -226,000,000 | -210,000,000 |
prepaid expenses and other assets | -212,000,000 | -154,000,000 | -126,000,000 | -251,000,000 | -497,000,000 | -30,000,000 | -234,000,000 | -108,000,000 | -322,000,000 | -281,000,000 | -948,000,000 | -114,000,000 | -119,000,000 | -139,000,000 | -115,000,000 | 78,000,000 | -20,000,000 | -7,000,000 | -220,000,000 | 58,000,000 | -67,000,000 | -65,000,000 | 18,000,000 | 112,000,000 | 29,000,000 | -11,000,000 | -289,000,000 | -103,000,000 | -75,000,000 |
operating lease right-of-use assets | 62,000,000 | 42,000,000 | 46,000,000 | 46,000,000 | 43,000,000 | 59,000,000 | 44,000,000 | 47,000,000 | 46,000,000 | 50,000,000 | 47,000,000 | 42,000,000 | 52,000,000 | 51,000,000 | 47,000,000 | 53,000,000 | 42,000,000 | 49,000,000 | 39,000,000 | 39,000,000 | 38,000,000 | 67,000,000 | 137,000,000 | 80,000,000 | 57,000,000 | 66,000,000 | |||
accounts payable | 184,000,000 | -106,000,000 | 101,000,000 | 125,000,000 | 6,000,000 | 62,000,000 | 48,000,000 | -70,000,000 | 46,000,000 | -22,000,000 | 112,000,000 | -19,000,000 | -7,000,000 | -53,000,000 | -35,000,000 | -53,000,000 | 8,000,000 | 19,000,000 | -114,000,000 | 188,000,000 | -3,000,000 | -99,000,000 | -24,000,000 | 36,000,000 | -46,000,000 | 118,000,000 | -32,000,000 | ||
accrued insurance reserves | 443,000,000 | 581,000,000 | 592,000,000 | 812,000,000 | 675,000,000 | 658,000,000 | 776,000,000 | 692,000,000 | 693,000,000 | 576,000,000 | 501,000,000 | 588,000,000 | 350,000,000 | 251,000,000 | 159,000,000 | 192,000,000 | 134,000,000 | 26,000,000 | 469,000,000 | 48,000,000 | -27,000,000 | 13,000,000 | -8,000,000 | -85,000,000 | 77,000,000 | ||||
accrued expenses and other liabilities | -541,000,000 | 446,000,000 | 111,000,000 | -20,000,000 | 430,000,000 | -158,000,000 | -243,000,000 | 141,000,000 | 590,000,000 | -216,000,000 | 740,000,000 | -87,000,000 | -142,000,000 | -405,000,000 | 483,000,000 | 486,000,000 | -72,000,000 | 177,000,000 | 129,000,000 | 206,000,000 | 556,000,000 | 6,000,000 | 414,000,000 | -17,000,000 | -320,000,000 | -37,000,000 | -143,000,000 | 796,000,000 | 344,000,000 |
operating lease liabilities | -62,000,000 | -48,000,000 | -54,000,000 | -51,000,000 | -56,000,000 | -64,000,000 | -76,000,000 | -25,000,000 | -56,000,000 | -43,000,000 | -47,000,000 | -46,000,000 | -44,000,000 | -46,000,000 | -81,000,000 | -49,000,000 | -39,000,000 | -60,000,000 | -54,000,000 | -20,000,000 | -50,000,000 | -27,000,000 | -62,000,000 | 7,000,000 | -49,000,000 | -59,000,000 | |||
net cash from operating activities | 2,351,000,000 | 2,883,000,000 | 2,328,000,000 | 2,564,000,000 | 2,324,000,000 | 1,750,000,000 | 2,151,000,000 | 1,820,000,000 | 1,416,000,000 | 823,000,000 | 966,000,000 | 1,190,000,000 | 606,000,000 | -244,000,000 | 432,000,000 | 439,000,000 | 15,000,000 | -107,000,000 | 614,000,000 | -341,000,000 | -611,000,000 | -805,000,000 | -406,000,000 | -1,071,000,000 | -463,000,000 | -1,799,000,000 | -878,000,000 | -922,000,000 | -722,000,000 |
capital expenditures | -65,000,000 | -75,000,000 | -98,000,000 | -89,000,000 | -74,000,000 | -44,000,000 | -42,000,000 | -99,000,000 | -57,000,000 | -55,000,000 | -61,000,000 | -50,000,000 | -57,000,000 | -59,000,000 | -74,000,000 | -57,000,000 | -62,000,000 | -80,000,000 | -90,000,000 | -57,000,000 | -71,000,000 | -123,000,000 | -131,000,000 | -164,000,000 | -198,000,000 | -143,000,000 | -121,000,000 | -148,000,000 | -129,000,000 |
free cash flows | 2,286,000,000 | 2,808,000,000 | 2,230,000,000 | 2,475,000,000 | 2,250,000,000 | 1,706,000,000 | 2,109,000,000 | 1,721,000,000 | 1,359,000,000 | 768,000,000 | 905,000,000 | 1,140,000,000 | 549,000,000 | -303,000,000 | 358,000,000 | 382,000,000 | -47,000,000 | -187,000,000 | 524,000,000 | -398,000,000 | -682,000,000 | -928,000,000 | -537,000,000 | -1,235,000,000 | -661,000,000 | -1,942,000,000 | -999,000,000 | -1,070,000,000 | -851,000,000 |
cash flows from investing activities | |||||||||||||||||||||||||||||
purchases of property and equipment | -65,000,000 | -75,000,000 | -98,000,000 | -89,000,000 | -74,000,000 | -44,000,000 | -42,000,000 | -99,000,000 | -57,000,000 | -55,000,000 | -61,000,000 | -50,000,000 | -57,000,000 | -59,000,000 | -74,000,000 | -57,000,000 | -62,000,000 | -80,000,000 | -90,000,000 | -57,000,000 | -71,000,000 | -123,000,000 | -131,000,000 | -164,000,000 | -198,000,000 | ||||
purchases of non-marketable equity securities | -332,000,000 | -390,000,000 | -95,000,000 | -12,000,000 | -179,000,000 | -1,000,000 | -56,000,000 | -58,000,000 | -174,000,000 | -10,000,000 | 0 | 0 | -1,000,000 | -13,000,000 | -125,000,000 | 0 | -54,000,000 | -803,000,000 | |||||||||||
purchases of marketable securities | -6,759,000,000 | -7,502,000,000 | -6,310,000,000 | -5,095,000,000 | -2,540,000,000 | -3,020,000,000 | -4,428,000,000 | -3,288,000,000 | -2,029,000,000 | -2,844,000,000 | -3,723,000,000 | -1,361,000,000 | -846,000,000 | 0 | -587,000,000 | -190,000,000 | -336,000,000 | -608,000,000 | -481,000,000 | -519,000,000 | -493,000,000 | ||||||||
purchases of notes receivable | -187,000,000 | ||||||||||||||||||||||||||||
proceeds from maturities and sales of marketable securities | 6,546,000,000 | 6,499,000,000 | 6,514,000,000 | 4,636,000,000 | 2,397,000,000 | 4,437,000,000 | 1,916,000,000 | 1,821,000,000 | 2,030,000,000 | 2,076,000,000 | 1,366,000,000 | 1,127,000,000 | 500,000,000 | 0 | 0 | 1,148,000,000 | 447,000,000 | 696,000,000 | 559,000,000 | 379,000,000 | 322,000,000 | 100,000,000 | |||||||
acquisition of businesses, net of cash acquired | -6,000,000 | -11,000,000 | 0 | 0 | 0 | 0 | -59,000,000 | -2,203,000,000 | -31,000,000 | -52,000,000 | -28,000,000 | 65,000,000 | 0 | 0 | |||||||||||||||
other investing activities | 30,000,000 | -135,000,000 | 42,000,000 | -97,000,000 | -146,000,000 | 61,000,000 | -82,000,000 | -60,000,000 | -21,000,000 | 14,000,000 | 26,000,000 | -11,000,000 | 4,000,000 | -2,000,000 | -7,000,000 | 4,000,000 | -1,000,000 | -5,000,000 | 0 | 9,000,000 | 8,000,000 | 14,000,000 | 57,000,000 | -10,000,000 | -1,000,000 | ||||
net cash from investing activities | -773,000,000 | -1,614,000,000 | 53,000,000 | -1,461,000,000 | -542,000,000 | 1,433,000,000 | -2,692,000,000 | -1,676,000,000 | -242,000,000 | -819,000,000 | -2,416,000,000 | 408,000,000 | -399,000,000 | -1,769,000,000 | 321,000,000 | -54,000,000 | -135,000,000 | -2,268,000,000 | 1,216,000,000 | 101,000,000 | -250,000,000 | -192,000,000 | -365,000,000 | -456,000,000 | -1,856,000,000 | -711,000,000 | -129,000,000 | -154,000,000 | 204,000,000 |
cash flows from financing activities | |||||||||||||||||||||||||||||
principal payments on finance leases | -40,000,000 | -45,000,000 | -37,000,000 | -28,000,000 | -47,000,000 | -50,000,000 | -45,000,000 | -35,000,000 | -42,000,000 | -53,000,000 | -36,000,000 | -42,000,000 | -40,000,000 | -37,000,000 | -39,000,000 | -46,000,000 | -62,000,000 | -60,000,000 | -58,000,000 | -61,000,000 | -47,000,000 | -56,000,000 | -59,000,000 | -60,000,000 | |||||
repurchases of common stock | -3,011,000,000 | -1,912,000,000 | -1,463,000,000 | -1,363,000,000 | -1,785,000,000 | -555,000,000 | -372,000,000 | ||||||||||||||||||||||
other financing activities | -40,000,000 | 35,000,000 | -70,000,000 | -51,000,000 | -30,000,000 | 6,000,000 | 19,000,000 | 73,000,000 | -52,000,000 | 17,000,000 | -9,000,000 | 6,000,000 | -51,000,000 | -5,000,000 | -4,000,000 | -8,000,000 | -51,000,000 | 51,000,000 | 5,000,000 | 30,000,000 | 15,000,000 | 48,000,000 | -1,000,000 | -6,000,000 | -3,000,000 | ||||
net cash from financing activities | -3,091,000,000 | -3,118,000,000 | -538,000,000 | -195,000,000 | -1,862,000,000 | -3,397,000,000 | 1,601,000,000 | -191,000,000 | -100,000,000 | 46,000,000 | -76,000,000 | 42,000,000 | -107,000,000 | -89,000,000 | 212,000,000 | 5,000,000 | -113,000,000 | 414,000,000 | 1,556,000,000 | 36,000,000 | -226,000,000 | 896,000,000 | 428,000,000 | 118,000,000 | -63,000,000 | -83,000,000 | 1,993,000,000 | 7,075,000,000 | -46,000,000 |
effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents | -24,000,000 | 13,000,000 | -27,000,000 | 159,000,000 | 70,000,000 | -179,000,000 | 62,000,000 | -56,000,000 | -94,000,000 | 89,000,000 | -69,000,000 | 27,000,000 | 16,000,000 | 145,000,000 | -195,000,000 | -118,000,000 | 20,000,000 | -24,000,000 | -50,000,000 | 51,000,000 | -46,000,000 | 75,000,000 | 8,000,000 | -19,000,000 | -156,000,000 | 19,000,000 | -35,000,000 | 9,000,000 | 3,000,000 |
net decrease in cash and cash equivalents, and restricted cash and cash equivalents | -1,537,000,000 | -213,000,000 | -153,000,000 | -1,133,000,000 | -2,538,000,000 | ||||||||||||||||||||||||
cash and cash equivalents, and restricted cash and cash equivalents | |||||||||||||||||||||||||||||
beginning of period | 9,647,000,000 | 0 | 0 | 0 | 8,610,000,000 | 0 | 0 | 0 | 7,004,000,000 | 0 | 0 | 0 | 6,677,000,000 | 0 | 0 | 0 | 7,805,000,000 | 0 | 0 | 0 | 7,391,000,000 | 0 | 0 | 0 | 12,067,000,000 | 0 | 0 | 0 | 8,209,000,000 |
end of period | 8,110,000,000 | -1,836,000,000 | 1,816,000,000 | 1,067,000,000 | 8,600,000,000 | -393,000,000 | 1,122,000,000 | -103,000,000 | 7,984,000,000 | -1,595,000,000 | 1,667,000,000 | 6,793,000,000 | 770,000,000 | 272,000,000 | 7,592,000,000 | 3,336,000,000 | -153,000,000 | 6,607,000,000 | |||||||||||
accretion of discounts on marketable debt securities | |||||||||||||||||||||||||||||
proceeds from sale of equity method investments | |||||||||||||||||||||||||||||
issuance of term loan and notes, net of issuance costs | 0 | 2,232,000,000 | |||||||||||||||||||||||||||
principal repayment on term loan and notes | -1,150,000,000 | -2,000,000,000 | -1,973,000,000 | -7,000,000 | -6,000,000 | -1,525,000,000 | -6,000,000 | -7,000,000 | -1,137,000,000 | ||||||||||||||||||||
proceeds from the issuance of common stock under the employee stock purchase plan | 63,000,000 | 0 | 53,000,000 | 0 | 45,000,000 | 0 | 33,000,000 | 0 | 40,000,000 | 0 | 43,000,000 | 0 | |||||||||||||||||
redemption of non-controlling interests | |||||||||||||||||||||||||||||
net increase in cash and cash equivalents, and restricted cash and cash equivalents | -1,836,000,000 | 1,816,000,000 | 1,067,000,000 | -10,000,000 | -393,000,000 | 1,122,000,000 | -103,000,000 | 980,000,000 | 139,000,000 | -1,595,000,000 | 1,667,000,000 | 116,000,000 | -1,957,000,000 | 770,000,000 | -1,985,000,000 | -26,000,000 | -335,000,000 | -2,574,000,000 | 951,000,000 | 6,008,000,000 | -561,000,000 | ||||||||
uber technologies, inc. | |||||||||||||||||||||||||||||
consolidated statements of cash flows | |||||||||||||||||||||||||||||
supplemental disclosures of cash flow information | |||||||||||||||||||||||||||||
cash paid for: | |||||||||||||||||||||||||||||
interest, net of amount capitalized | 76,000,000 | 139,000,000 | 160,000,000 | 157,000,000 | 155,000,000 | 157,000,000 | 123,000,000 | 137,000,000 | 118,000,000 | 135,000,000 | 130,000,000 | 103,000,000 | 132,000,000 | 84,000,000 | 116,000,000 | 85,000,000 | 120,000,000 | 91,000,000 | 119,000,000 | 47,000,000 | 124,000,000 | 42,000,000 | |||||||
income taxes, net of refunds | 82,000,000 | 85,000,000 | 64,000,000 | 100,000,000 | 48,000,000 | 22,000,000 | 26,000,000 | 44,000,000 | 64,000,000 | 41,000,000 | 16,000,000 | 20,000,000 | 29,000,000 | 22,000,000 | 14,000,000 | 10,000,000 | 22,000,000 | 36,000,000 | 28,000,000 | 25,000,000 | 46,000,000 | 34,000,000 | |||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||
ownership interest received in exchange for divestitures | 0 | ||||||||||||||||||||||||||||
unrealized gain on debt and equity securities | |||||||||||||||||||||||||||||
reconciliation of cash and cash equivalents, and restricted cash and cash equivalents to the condensed consolidated balance sheets | |||||||||||||||||||||||||||||
cash and cash equivalents | 5,132,000,000 | 1,653,000,000 | -547,000,000 | 950,000,000 | 4,045,000,000 | 468,000,000 | 213,000,000 | 4,184,000,000 | 2,039,000,000 | -393,000,000 | 4,836,000,000 | -600,000,000 | -1,411,000,000 | 8,165,000,000 | 906,000,000 | 5,999,000,000 | 5,745,000,000 | ||||||||||||
restricted cash and cash equivalents-current | 1,253,000,000 | 157,000,000 | -76,000,000 | 12,000,000 | 897,000,000 | 67,000,000 | -17,000,000 | 543,000,000 | 90,000,000 | 77,000,000 | 247,000,000 | 95,000,000 | -70,000,000 | 193,000,000 | -104,000,000 | 1,000,000 | 136,000,000 | ||||||||||||
bad debt expense | 14,000,000 | 12,000,000 | 9,000,000 | 26,000,000 | 29,000,000 | 19,000,000 | 24,000,000 | 20,000,000 | 38,000,000 | 25,000,000 | 33,000,000 | 18,000,000 | 34,000,000 | 26,000,000 | 26,000,000 | 23,000,000 | 25,000,000 | 19,000,000 | 10,000,000 | 22,000,000 | 13,000,000 | 12,000,000 | 20,000,000 | 47,000,000 | |||||
loss from sale of investments | |||||||||||||||||||||||||||||
gain on business divestitures | 0 | 0 | 0 | 0 | -1,684,000,000 | -77,000,000 | 0 | ||||||||||||||||||||||
impairments of goodwill, long-lived assets and other assets | 9,000,000 | -1,000,000 | 11,000,000 | 67,000,000 | 13,000,000 | 0 | 2,000,000 | 13,000,000 | 100,000,000 | 0 | 0 | 16,000,000 | 32,000,000 | 75,000,000 | 104,000,000 | 193,000,000 | |||||||||||||
impairment of equity method investment | 0 | 0 | 0 | 182,000,000 | |||||||||||||||||||||||||
loss from equity method investments | 10,000,000 | 12,000,000 | 12,000,000 | 4,000,000 | -42,000,000 | -30,000,000 | -17,000,000 | -18,000,000 | 9,000,000 | 13,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | |||||||||||||||
revaluation of mlu b.v. call option | -11,000,000 | -10,000,000 | 11,000,000 | -181,000,000 | |||||||||||||||||||||||||
proceeds from business divestiture | |||||||||||||||||||||||||||||
proceeds from issuance and sale of subsidiary stock units | 0 | ||||||||||||||||||||||||||||
purchase of capped calls | |||||||||||||||||||||||||||||
principal repayment on careem notes | -112,000,000 | -1,000,000 | 0 | -194,000,000 | 0 | 0 | |||||||||||||||||||||||
finance lease obligations | 1,000,000 | 1,000,000 | 13,000,000 | 40,000,000 | 43,000,000 | 120,000,000 | 173,000,000 | 95,000,000 | 35,000,000 | 46,000,000 | 69,000,000 | 32,000,000 | 59,000,000 | ||||||||||||||||
right-of-use assets obtained in exchange for lease obligations | 35,000,000 | 55,000,000 | 37,000,000 | 17,000,000 | 18,000,000 | 12,000,000 | 101,000,000 | -17,000,000 | 113,000,000 | 132,000,000 | |||||||||||||||||||
loss from sale of investment | 0 | ||||||||||||||||||||||||||||
proceeds from sale of equity method investment | 0 | 8,000,000 | 9,000,000 | 18,000,000 | |||||||||||||||||||||||||
issuance of term loans and notes, net of issuance costs | 0 | 0 | 1,121,000,000 | ||||||||||||||||||||||||||
principal repayments on careem notes | |||||||||||||||||||||||||||||
restricted cash and cash equivalents-non-current | -688,000,000 | -972,000,000 | 705,000,000 | 1,851,000,000 | 235,000,000 | 76,000,000 | 2,865,000,000 | 1,207,000,000 | 163,000,000 | 1,524,000,000 | 170,000,000 | 53,000,000 | 1,171,000,000 | 149,000,000 | 8,000,000 | 1,801,000,000 | |||||||||||||
total cash and cash equivalents, and restricted cash and cash equivalents | 1,122,000,000 | -1,595,000,000 | 1,667,000,000 | 6,793,000,000 | 770,000,000 | 272,000,000 | 7,592,000,000 | 3,336,000,000 | -153,000,000 | 6,607,000,000 | -335,000,000 | -1,428,000,000 | 9,529,000,000 | 951,000,000 | 6,008,000,000 | 7,682,000,000 | |||||||||||||
net loss including non-controlling interests | -663,000,000 | -157,000,000 | 600,000,000 | -5,918,000,000 | 879,000,000 | -122,000,000 | -1,108,000,000 | -1,772,000,000 | -2,946,000,000 | ||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||
collateral held by insurer | 0 | 724,000,000 | 28,000,000 | 108,000,000 | 80,000,000 | 81,000,000 | 86,000,000 | 92,000,000 | |||||||||||||||||||||
proceeds from sale of non-marketable equity securities | 0 | 0 | 0 | 500,000,000 | |||||||||||||||||||||||||
purchase of notes receivables | |||||||||||||||||||||||||||||
reclassification from (to) assets held for sale during the period | 0 | 34,000,000 | |||||||||||||||||||||||||||
end of period, excluding cash classified within assets held for sale | -375,000,000 | -335,000,000 | -1,428,000,000 | 9,529,000,000 | -2,574,000,000 | 951,000,000 | 6,008,000,000 | 7,682,000,000 | |||||||||||||||||||||
common stock issued in connection with acquisitions | 901,000,000 | 3,802,000,000 | |||||||||||||||||||||||||||
conversion of convertible notes to common stock related to careem | |||||||||||||||||||||||||||||
income from equity method investments | -3,000,000 | -4,000,000 | -36,000,000 | ||||||||||||||||||||||||||
gain from sale of investments | -242,000,000 | ||||||||||||||||||||||||||||
impairment of debt and equity securities | 0 | -160,000,000 | -13,000,000 | 1,863,000,000 | |||||||||||||||||||||||||
proceeds from sale of equity method investments and grant of related call option | |||||||||||||||||||||||||||||
proceeds from business divestiture, net of cash divested | |||||||||||||||||||||||||||||
return of capital from equity method investee | 0 | 0 | 0 | 91,000,000 | |||||||||||||||||||||||||
issuance of careem notes including the holdback amount | |||||||||||||||||||||||||||||
purchase of notes receivable | |||||||||||||||||||||||||||||
issuance of senior notes, net of issuance costs | 500,000,000 | ||||||||||||||||||||||||||||
reclassification from assets held for sale during the period | 0 | 0 | 349,000,000 | ||||||||||||||||||||||||||
ownership interest received in exchange for divestiture | |||||||||||||||||||||||||||||
conversion of convertible notes to common stock | 0 | 74,000,000 | 158,000,000 | ||||||||||||||||||||||||||
gain on business divestiture | -154,000,000 | ||||||||||||||||||||||||||||
gain on extinguishment of convertible notes and settlement of derivatives | 0 | ||||||||||||||||||||||||||||
proceeds from business disposal, net of cash divested | 0 | 0 | 0 | 293,000,000 | |||||||||||||||||||||||||
proceeds from issuance of common stock upon initial public offering, net of offering costs | 0 | -4,000,000 | |||||||||||||||||||||||||||
taxes paid related to net share settlement of equity awards | -2,000,000 | -59,000,000 | -146,000,000 | ||||||||||||||||||||||||||
proceeds from issuance of common stock related to private placement | 0 | ||||||||||||||||||||||||||||
proceeds from issuance and sale of subsidiary preferred stock units | |||||||||||||||||||||||||||||
conversion of redeemable convertible preferred stock to common stock upon initial public offering | 0 | 0 | |||||||||||||||||||||||||||
conversion of convertible notes to common stock upon initial public offering | 0 | 0 | |||||||||||||||||||||||||||
proceeds from sale of subsidiary preferred stock units | |||||||||||||||||||||||||||||
purchase of note receivable | -2,000,000 | -216,000,000 | 0 | ||||||||||||||||||||||||||
ownership interest received in exchange for the divestitures | 0 | 1,018,000,000 | |||||||||||||||||||||||||||
revaluation of derivative liabilities | 0 | 0 | 117,000,000 | -175,000,000 | |||||||||||||||||||||||||
accretion of discount on long-term debt | 9,000,000 | 6,000,000 | 10,000,000 | 20,000,000 | 2,000,000 | 2,000,000 | 25,000,000 | 53,000,000 | |||||||||||||||||||||
payment-in-kind interest | 0 | 0 | 4,000,000 | 6,000,000 | |||||||||||||||||||||||||
gain on forfeiture of unvested warrants and related share repurchases | |||||||||||||||||||||||||||||
proceeds from sale and disposal of property and equipment | 1,000,000 | 1,000,000 | 0 | 1,000,000 | |||||||||||||||||||||||||
purchases of equity method investments | |||||||||||||||||||||||||||||
proceeds from issuance of subsidiary preferred stock units | 0 | ||||||||||||||||||||||||||||
principal repayment on revolving lines of credit | |||||||||||||||||||||||||||||
principal payments on capital and finance leases | -18,000,000 | -48,000,000 | |||||||||||||||||||||||||||
proceeds from issuance of redeemable convertible preferred stock, net of issuance costs | |||||||||||||||||||||||||||||
repurchase of stock subject to put options related to yandex | |||||||||||||||||||||||||||||
financed construction projects | |||||||||||||||||||||||||||||
capital and finance lease obligations | 55,000,000 | 46,000,000 | |||||||||||||||||||||||||||
settlement of litigation through issuance of redeemable convertible preferred stock | |||||||||||||||||||||||||||||
ownership interest in mlu b.v. received in connection with the disposition of uber russia/cis operations | |||||||||||||||||||||||||||||
grab debt security received in exchange for the sale of southeast asia operations | |||||||||||||||||||||||||||||
ownership interest in zomato received in exchange for the divestiture of uber eats india operations | 0 | 0 | 0 | 171,000,000 | |||||||||||||||||||||||||
issuance of unsecured convertible notes in connection with careem acquisition | |||||||||||||||||||||||||||||
holdback amount of unsecured convertible notes in connection with careem acquisition | -331,000,000 | 0 | 0 | 754,000,000 | |||||||||||||||||||||||||
purchase of non-marketable equity securities | 0 | 0 | -10,000,000 | ||||||||||||||||||||||||||
issuance of initial unsecured convertible notes in connection with careem acquisition | 0 | 0 | 880,000,000 | ||||||||||||||||||||||||||
change in assets and liabilities, net of impact of business acquisition and disposals: | |||||||||||||||||||||||||||||
proceeds from business disposals, net of cash divested | |||||||||||||||||||||||||||||
acquisition of business, net of cash acquired | 0 | -1,346,000,000 | |||||||||||||||||||||||||||
deferred income tax | -273,000,000 | -33,000,000 | -24,000,000 | -35,000,000 | 4,000,000 | ||||||||||||||||||||||||
loss from equity method investment | 12,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 6,000,000 | ||||||||||||||||||||||||
loss on disposal of property and equipment | -4,000,000 | 1,000,000 | 3,000,000 | 10,000,000 | |||||||||||||||||||||||||
impairment of long-lived assets held for sale | |||||||||||||||||||||||||||||
gain on debt and equity securities | -1,000,000 | 13,000,000 | 2,000,000 | -16,000,000 | |||||||||||||||||||||||||
non-cash deferred revenue | -13,000,000 | -13,000,000 | -13,000,000 | -13,000,000 | |||||||||||||||||||||||||
proceeds from insurance reimbursement, sale and disposal of property and equipment | 10,000,000 | 0 | 1,000,000 | 40,000,000 | |||||||||||||||||||||||||
purchase of property and equipment | -182,000,000 | -129,000,000 | -148,000,000 | -129,000,000 | |||||||||||||||||||||||||
purchase of intangible assets | |||||||||||||||||||||||||||||
purchase of equity method investments | |||||||||||||||||||||||||||||
purchase of non-marketable debt securities | |||||||||||||||||||||||||||||
purchase of non-marketable investments | |||||||||||||||||||||||||||||
proceeds from issuance of common stock in private placement | |||||||||||||||||||||||||||||
proceeds from exercise of stock options, net of repurchases | 14,000,000 | 0 | 3,000,000 | 2,000,000 | |||||||||||||||||||||||||
repurchase of outstanding shares | |||||||||||||||||||||||||||||
issuance of term loan and senior notes, net of issuance costs | 0 | ||||||||||||||||||||||||||||
principal repayment on term loan | -7,000,000 | -7,000,000 | -6,000,000 | -7,000,000 | |||||||||||||||||||||||||
proceeds from revolving lines of credit | |||||||||||||||||||||||||||||
dissolution of joint venture and subsequent proceeds | |||||||||||||||||||||||||||||
stock-based compensation capitalized as software development costs | |||||||||||||||||||||||||||||
changes in purchases of property, equipment and software recorded in accounts payable and accrued liabilities | 39,000,000 | 8,000,000 | |||||||||||||||||||||||||||
changes in share repurchase commitment made in each period | |||||||||||||||||||||||||||||
deferred unpaid offering costs | |||||||||||||||||||||||||||||
impairment on long-lived assets held for sale | |||||||||||||||||||||||||||||
change in operating assets and liabilities, net of impact of business acquisitions and disposals: | |||||||||||||||||||||||||||||
accrued insurance reserve | 99,000,000 | 96,000,000 | 161,000,000 | ||||||||||||||||||||||||||
investments in debt securities | |||||||||||||||||||||||||||||
net income including redeemable non-controlling interest | -5,246,000,000 | -1,016,000,000 | |||||||||||||||||||||||||||
gain on extinguishment of convertible notes and settlement of derivative | |||||||||||||||||||||||||||||
gain on extinguishment of warrant and call option | |||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||
principal payments on capital leases | -41,000,000 |