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Uber Technologies, Inc.

MobilityFounded 2009
Reviewed by Swet Parvadiya
Company data updated: October 2026

Financial Performance

Uber Revenue & Financials

Revenue

$52B (FY2025)

Market Cap

$142B

Net Income

$10.1B

Employees

34,000

What is Uber's revenue?

Uber had $52B in revenue for fiscal year 2025, up 18.3% from 2024. Net income was $10.1B.

Latest revenue
$52B (FY2025)
Year-over-year
+18.3%
Growth rate (CAGR)
26.5% over 8 years
Peak revenue
$52B (FY2025)
Years of data
9
Employees
34,000
What is Uber's operating income?
Uber reported operating income of $5.6B for fiscal year 2025. sec.gov
How much profit does Uber make?
Uber reported net income of $10.1B for fiscal year 2025. sec.gov
How many employees does Uber have?
Uber has about 34,000 employees.

Financial Analysis

Uber moved from years of heavy losses to steady profitability. Revenue grew from $37.3 billion in FY2023 to $44.0 billion in FY2024 and $52.0 billion in FY2025, while net income attributable to Uber was $10.053 billion in FY2025 (FY2024's $9.856 billion included a large tax valuation allowance release). Growth continued into 2026: Q2 2026 gross bookings rose 24% year over year to $58.0 billion and revenue rose about 12% to roughly $14.2 billion, and trailing twelve-month free cash flow passed $10 billion. The pending Delivery Hero deal, valued at $14.8 billion in equity, would be Uber's largest acquisition.

Revenue Trend Analysis

YoY Change

+18.3%

8-Year CAGR

+26.5%

Peak Year

2025

Trend

Consistent Growth

Uber Technologies, Inc. has 9 full fiscal year figures on this page, compounding at +26.5% annually over 8 years. The most recent year saw a 18.3% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $52B. Of 8 comparable year-over-year steps, 7 showed growth and 1 showed a decline.

Annual revenue history

Fiscal YearRevenueOperating IncomeNet IncomeYoY ChangeSource
FY2025$52B$5.6B$10.1B+18.3%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2026-02-13)

Fiscal year ended 2025-12-31.

FY2024$44B$2.8B$9.9B+18.0%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2026-02-13)

Fiscal year ended 2024-12-31.

FY2023$37.3B$1.1B$1.9B+17.0%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2026-02-13)

Fiscal year ended 2023-12-31.

FY2022$31.9B-$1.8B-$9.1B+82.6%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2025-02-14)

Fiscal year ended 2022-12-31.

FY2021$17.5B-$3.8B-$496M+56.7%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2024-02-15)

Fiscal year ended 2021-12-31.

FY2020$11.1B-$4.9B-$6.8B-14.3%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2023-02-21)

Fiscal year ended 2020-12-31.

FY2019$13B-$8.6B-$8.5B+24.6%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2022-02-24)

Fiscal year ended 2019-12-31.

FY2018$10.4B-$3B$997M+31.5%Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2021-03-01)

Fiscal year ended 2018-12-31.

FY2017$7.9B-$4.1B-$4B—Uber Technologies, Inc annual report (Form 10-K, SEC EDGAR, filed 2020-03-02)

Fiscal year ended 2017-12-31.

Click any row to see year details.

Uber Technologies, Inc. balance sheet and cash flow

Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.

Fiscal YearOperating cash flowCapital expendituresTotal assetsTotal liabilitiesShareholders' equityFree cash flowSource
FY2025ended Dec 31, 2025$10.1B$336M$61.8B$33.7B$27B$9.8BForm 10-K
FY2024ended Dec 31, 2024$7.1B$242M$51.2B$28.8B$21.6B$6.9BForm 10-K
FY2023ended Dec 31, 2023$3.6B$223M$38.7B$26B$11.2B$3.4BForm 10-K
FY2022ended Dec 31, 2022$642M$252M$32.1B$23.6B$7.3B$390MForm 10-K
FY2021ended Dec 31, 2021-$445M$298M$38.8B$23.4B$14.5B-$743MForm 10-K
FY2020ended Dec 31, 2020-$2.7B$616M$33.3B$19.5B$12.3B-$3.4BForm 10-K
FY2019ended Dec 31, 2019-$4.3B$588M$31.8B$16.6B$14.2B-$4.9BForm 10-K
FY2018ended Dec 31, 2018-$1.5B$558M$24B$17.2B-$7.4B-$2.1BForm 10-K

Keep researching Uber

Uber Revenue and Financial FAQ

What were Uber's total revenues and net income for FY2025?

Uber reported record financial performance in FY2025: net revenue reached $52.017 billion (up 18% year-over-year), net income attributable to Uber reached $10.053 billion, and gross bookings totaled $193.454 billion.

How fast did Uber grow in Q2 2026?

In Q2 2026, Uber gross bookings surged 24% year-over-year to $58.0 billion, revenue reached approximately $14.2 billion, and trailing twelve-month free cash flow exceeded $10 billion.

What was Uber's adjusted EBITDA and operating margin profile in 2025–2026?

Uber generated over $6.5 billion in adjusted EBITDA in FY2025, with adjusted EBITDA margin as a percentage of gross bookings expanding past 3.5%, driven by operating leverage in Mobility and advertising growth.

How much free cash flow does Uber generate annually?

Uber converts a remarkable 80%+ of adjusted EBITDA into free cash flow, generating over $7.0 billion in FY2025 and on pace to exceed $10 billion annually by 2026, transforming into an elite cash generator.

What is the scale of Uber's share repurchase program?

In February 2024, Uber's board authorized the company's first-ever share buyback program of up to $7.0 billion, which was subsequently expanded to systematically retire shares and offset employee stock dilution.

Why was Uber's GAAP net income unusually high in FY2024 and FY2025?

Net income was boosted by multi-billion-dollar non-cash tax accounting benefits (the release of valuation allowances on deferred tax assets) and unrealized paper gains on equity investments in Didi, Grab, and Joby Aviation.

How much cash and liquidity does Uber hold on its balance sheet?

Uber holds approximately $6.0 billion to $7.5 billion in cash, cash equivalents, and short-term investments, maintaining investment-grade credit ratings and substantial revolving credit facilities.

What is the breakdown of revenue between Mobility, Delivery, and Freight?

In a typical quarter, Mobility contributes approximately 52% of net revenue (~$7.4B), Delivery contributes roughly 37% (~$5.3B), and Uber Freight represents about 11% (~$1.5B).

What is Uber's corporate debt structure and maturities profile?

Uber carries approximately $9.5 billion in total debt (senior notes and term loans), with manageable staggered maturities extending through 2030 and an exceptionally low net debt-to-EBITDA leverage ratio under 1.0x.

How does Uber finance the $14.8 billion Delivery Hero acquisition?

Uber structured the tender offer using existing balance sheet cash, newly committed bank term loans, and robust operating cash flow, avoiding dilutive new equity issuances.

How many Monthly Active Platform Consumers (MAPCs) does Uber serve?

Uber surpassed 200 million Monthly Active Platform Consumers in late 2025, with monthly trips completed across the platform exceeding 3 billion trips per quarter.

Does Uber pay a cash dividend to shareholders?

Uber does not currently pay a dividend, prioritizing free cash flow deployment toward share repurchases, technological R&D, and strategic international acquisitions like Delivery Hero.

Cite or embed this data

Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "Uber Revenue & Financials." CorpDigest, https://corpdigest.com/company/uber/financials.
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<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Uber reported $52B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/uber/financials" target="_blank" rel="noopener">CorpDigest — Uber financials</a></div>

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