UBERNYSEServices-Business Services, NECFiscal year ends December 31
Uber Technologies, Inc
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$69.96−0.39 (-0.55%)
Close on Oct 19, 2026
- Market cap
- $143.43B
- P/E (TTM)
- 15.4
- Dividend yield
- 0.00%
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
39.8%−14.0 pts over 5 years
Operating margin
10.7%+54.4 pts over 5 years
Net margin
19.3%+80.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.3% | +17.7% | +36.1% | – | |
| Gross profit | +19.3% | +19.2% | +28.1% | – | |
| Operating income | +98.8% | – | – | – | |
| Net income | +2.0% | – | – | – | |
| EPS, diluted | +3.7% | – | – | – | |
| Free cash flow | +41.6% | +192.5% | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -51.2% | 41.4% | |
| Return on assets | – | -20.8% | 17.8% | |
| Current ratio | – | 1.44 | 1.14 | |
| Debt to equity | – | 0.62 | 0.39 | |
| Net debt to EBITDA | – | -0.45× | 0.54× | |
| Interest coverage | -8.5× | -10.6× | 12.6× | |
| Capex to revenue | 10.4% | 5.5% | 0.6% | |
| Diluted shares | 426M | 1.75B | 2.12B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Uber Technologies generated $21.91B from operations and spent $9.13B on capital expenditure, dividends and share buybacks. 15% of that went back into the business.
Generated
$21.91B
Used
$9.13B
Capital expenditure$1.35B15%Dividends$00%Share buybacks$7.78B85%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin19.3%
×Asset turnover0.92×
×Equity multiplier2.33×
=Return on equity, FY202541.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 19.3% | 0.92× | 2.33× | 41.4% |
| FY2024 | 22.4% | 0.98× | 2.74× | 60.1% |
| FY2023 | 5.1% | 1.05× | 3.81× | 20.3% |
| FY2022 | -28.7% | 0.90× | 3.25× | -83.9% |
| FY2021 | -2.8% | 0.48× | 2.70× | -3.7% |
| FY2020 | -60.8% | 0.34× | 2.46× | -51.2% |
| FY2019 | -65.4% | 0.47× | 8.19× | -250.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$10.05B
- Cash generatingOperating cash flow above zero$10.10B
- Return on assets improvedROA up on the prior year25.5% → 19.6%
- Earnings backed by cashOperating cash flow above net income$10.10B vs $10.05B
- Less leverageLong-term debt to assets fell16.3% → 17.0%
- Better liquidityCurrent ratio rose1.07 → 1.14
- No dilutionShare count did not rise2.15B → 2.12B
- Gross margin improvedGross margin up on the prior year39.40% → 39.75%
- More efficientAsset turnover rose1.14 → 1.02