Uber
What matters nowUpdated 5 h ago
- On Oct 6 Uber agreed to buy ezCater, a US corporate catering platform, for $2.3 billion in cash, subject to regulatory approval and expected to close in the coming months; ezCater generated more than $2.5 billion of Gross Bookings over the past twelve months, and the deal is the second large acquisition Uber has announced in 2026, after the July Delivery Hero offer 1.
- The pooled 24/7 venue price was 71.14 on Oct 13, down 0.18% from the previous close of 71.27. Recent large moves were -6.92% on Aug 5, +6.33% on Aug 7 and +4.29% on Aug 19.
- Over the twelve months to June 30, revenue was $55.2 billion, up 16.7% year on year, with a 12.1% operating margin and $10.1 billion of free cash flow. In Q2 2026, Gross Bookings rose 22% in constant currency in Mobility, 26% in Delivery and 25% in Freight. At a $145.1 billion market cap the stock trades at 15.6 times earnings, 20.8 times EV/EBITDA and a 7.0% free-cash-flow yield. Over the last 180 days insiders made two purchases totalling 211,000 shares worth $15.3 million and one sale worth $2.0 million.
- Autonomous rides are live with Waymo in Austin and Atlanta. A Lucid Gravity and Nuro robotaxi is targeted for the San Francisco Bay Area in late 2026, but the companies still need California driverless permits. An Nvidia-powered robotaxi network targets up to 100,000 autonomous vehicles starting in 2027 and is not yet in service.
- Uber's Q3 2026 results are expected on Nov 4, 2026 (date not confirmed); company guidance calls for Gross Bookings of $58.25 billion to $60.25 billion and non-GAAP EPS of $0.84 to $0.88. September CPI is due Oct 14, and Polymarket odds for the Fed's October 2026 meeting put no change at 81.5% and a 25 bp hike at 17.5%.
Uber runs a global platform that matches riders with drivers, diners with restaurants and grocery stores, and shippers with carriers. Its FY2025 10-K reports revenue of $52.0 billion across three segments: Mobility (57% of revenue), Delivery (33%) and Freight (10%). Investors increasingly track it as a platform for autonomous vehicles, where it partners with robotaxi developers and fleet owners rather than building the self-driving software alone.
How it makes money
Uber takes a fee or commission on each trip, delivery and freight load booked through its apps, and earns revenue on some orders where it acts as principal. Mobility and Delivery generate most of the revenue, with Freight a smaller third segment. Membership (Uber One), advertising and business accounts add higher-margin revenue on top of the core marketplace. The strategy is to grow Gross Bookings faster than costs, convert the growth into free cash flow and add autonomous vehicles to the same network.
Last 12 monthsChart & venues →
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Biggest businessesAll products & projects →
Mobility (ride-hailing)
Largest business. Q2 2026 Gross Bookings rose 22% in constant currency, with Mobility revenue up only 1% as business-model changes weighed on reported revenue.
Delivery (Uber Eats)
Fastest-growing large segment. Q2 2026 Gross Bookings rose 26% in constant currency, and segment operating income rose 38%.
Uber Freight
Growing again. Q2 2026 Gross Bookings rose 25% in constant currency, though the segment is still a small operating loss.
Autonomous rides platform
Live with Waymo in Austin and Atlanta. Uber is adding robotaxi partners as an aggregator rather than building its own self-driving stack.
Latest newsAll news →
Uber to buy ezCater for $2.3 billion in cash to expand into catering
Uber agreed to acquire ezCater, a US corporate catering platform, for $2.3 billion in cash, subject to regulatory approval and expected to close in the coming months.
Uber launches Uber Electric in Australia and sets Eats emissions goals
On September 23 Uber announced an electrification push: Uber Electric is launching in Australia and is available in more than 140 cities, and the company is providing $800 million in resources to help drivers go electric.
Costco expands Uber Eats delivery to nearly 600 warehouses in all 47 states where it operates
Costco expanded its Uber Eats delivery partnership from 17 states to all 47 states where it operates, covering nearly 600 warehouses.
Uber completes EUR 4.5 billion senior notes offering in five tranches maturing 2029 to 2046
Uber completed a registered public offering of five series of euro-denominated senior notes totalling €4.5 billion, according to an 8-K dated September 15, 2026.
CEO Dara Khosrowshahi buys 141,000 Uber shares, about $10 million
CEO Dara Khosrowshahi bought 141,000 shares on September 10, 2026 at a weighted average price of $70.9642, roughly $10 million.
COO Andrew Macdonald buys 70,000 Uber shares at about $76
Uber's President and COO Andrew Macdonald bought 70,000 shares on September 4, 2026 in two open-market lots, at weighted average prices of about $75.65 and $76.44.
Products & businesses
Mobility (ride-hailing)
Largest business. Q2 2026 Gross Bookings rose 22% in constant currency, with Mobility revenue up only 1% as business-model changes weighed on reported revenue.
Delivery (Uber Eats)
Fastest-growing large segment. Q2 2026 Gross Bookings rose 26% in constant currency, and segment operating income rose 38%.
Uber Freight
Growing again. Q2 2026 Gross Bookings rose 25% in constant currency, though the segment is still a small operating loss.
Autonomous rides platform
Live with Waymo in Austin and Atlanta. Uber is adding robotaxi partners as an aggregator rather than building its own self-driving stack.
What it's building next
Lucid Gravity and Nuro robotaxi
Dedicated robotaxi in development. The San Francisco Bay Area launch is targeted for late 2026, and the companies still need California driverless permits.
Next: Planned public robotaxi service launch in the San Francisco Bay Area · 2026-12-31
Nvidia-powered robotaxi network
Announced plan, not yet in service. Uber targets a fleet of up to 100,000 Nvidia-powered autonomous vehicles starting in 2027.
Next: Planned start of expansion of the Nvidia-powered autonomous fleet · 2027-01-01
Segments
| Segment | Revenue | Share | |
|---|---|---|---|
| Mobility Ride-hailing trips booked in the Uber app, including UberX, Uber Black and premium options, plus airport and related transport. Mobility is Uber's largest segment and the core of its business. | $29.67B | 57.0% | |
| Delivery Restaurant, grocery and retail delivery through Uber Eats, plus Uber Direct. Delivery has been the fastest-growing segment in recent quarters. | $17.25B | 33.2% | |
| Freight Digital freight marketplace that matches shippers with carriers for truckload and related logistics services. Freight is the smallest segment and has been roughly flat in revenue in FY2025. | $5.10B | 9.8% |
Fiscal FY2025 · from the annual report
Valuation & fundamentals
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price.
Financial statements
| Metric | TTM | Q2 FY2026 2026-06-30 | Q1 FY2026 2026-03-31 | Q4 FY2025 2025-12-31 | Q3 FY2025 2025-09-30 | Q2 FY2025 2025-06-30 | Q1 FY2025 2025-03-31 | Q4 FY2024 2024-12-31 | Q3 FY2024 2024-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.23B | $14.19B +12% | $13.20B +14% | $14.37Bd +20% | $13.47B +20% | $12.65B +18% | $11.53B +14% | $11.96Bd +20% | $11.19B +20% |
| Operating income | $6.70B | $1.89B +30% | $1.92B +57% | $1.77Bd +130% | $1.11B +5% | $1.45B +82% | $1.23B +614% | $770.0Md +18% | $1.06B +169% |
| Net income | $9.58B | $2.39B +77% | $263.0M -85% | $296.0Md -96% | $6.63B +154% | $1.35B +33% | $1.78B | $6.88Bd +382% | $2.61B +1082% |
| EPS (diluted) | $4.57 | $1.17 +86% | $0.13 -84% | $0.16d -95% | $3.11 +159% | $0.63 +34% | $0.83 | $3.20d +378% | $1.20 +1100% |
| Operating cash flow | $10.42B | $2.86Bd +12% | $2.35B +1% | $2.88Bd +65% | $2.33Bd +8% | $2.56Bd +41% | $2.32B +64% | $1.75Bd +113% | $2.15Bd +123% |
| Capital expenditure | $308.0M | $70.0Md -21% | $65.0M -12% | $75.0Md +70% | $98.0Md +133% | $89.0Md -10% | $74.0M +30% | $44.0Md -20% | $42.0Md -31% |
| Share buybacks | $6.90B | $518.0Md -62% | $3.01B +69% | $1.91Bd +245% | $1.46Bd +293% | $1.36Bd +319% | $1.78B | $555.0Md | $372.0Md |
| Cash & equivalents | $4.87B | $4.87B | $5.56B | $7.11B | $8.43B | $6.44B | $5.13B | $5.89B | $6.15B |
| Total debt | $14.72B | $14.72Bd | $10.51Bd | $10.52Bd | $11.77Bd | $10.73Bd | $9.50Bd | $9.57B | $11.49Bd |
| Shares outstanding | 2.04B | 2.04B | 2.04B | 2.07B | 2.08B | 2.09B | 2.09B | 2.11B | 2.10B |
| Metric | FY2025 2025-12-31 | FY2024 2024-12-31 | FY2023 2023-12-31 | FY2022 2022-12-31 |
|---|---|---|---|---|
| Revenue | $52.02B +18% | $43.98B +18% | $37.28B +17% | $31.88B |
| Research & development | $3.40B +9% | $3.11B -2% | $3.16B +13% | $2.80B |
| Operating income | $5.57B +99% | $2.80B +152% | $1.11B | −$1.83B |
| EBIT | $5.57B +99% | $2.80B +152% | $1.11B | −$1.83B |
| Depreciation & amortization | $719.0M +1% | $711.0M -14% | $823.0M -13% | $947.0M |
| Interest expense | $440.0M -16% | $523.0M -17% | $633.0M +12% | $565.0M |
| Income tax | −$4.35B | −$5.76B -2803% | $213.0M | −$181.0M |
| Net income | $10.05B +2% | $9.86B +422% | $1.89B | −$9.14B |
| EPS (diluted) | $4.73 +4% | $4.56 +424% | $0.87 | $-4.65 |
| Dividends per share | $0.00 | $0.00 | $0.00 | $0.00 |
| Diluted shares (weighted) | 2.12B | 2.15B | 2.09B | 1.97B |
| Operating cash flow | $10.10B +42% | $7.14B +99% | $3.58B +458% | $642.0M |
| Capital expenditure | $336.0M +39% | $242.0M +9% | $223.0M -12% | $252.0M |
| Share buybacks | $6.52B +421% | $1.25B | $0 | $0 |
| Cash & equivalents | $7.11B | $5.89B | $4.68B | $4.21B |
| Long-term debt (incl. current portion) | $10.52B | $9.57B | $9.56B | $9.36B |
| Total debt | $10.52Bd | $9.57B | $9.56B | $9.36B |
| Total assets | $61.80B | $51.24B | $38.70B | $32.11B |
| Total liabilities | $33.72B | $28.77B | $26.02B | $23.61B |
| Shareholders' equity | $27.04B | $21.56B | $11.25B | $7.34B |
| Shares outstanding | 2.07B | 2.11B | 2.07B | 2.01B |
From XBRL data in SEC filings. Small figures under each value: change vs the same period a year earlier. d = derived (e.g. Q4 = full year − first nine months).
NewsFull archive →
Uber to buy ezCater for $2.3 billion in cash to expand into catering
Uber agreed to acquire ezCater, a US corporate catering platform, for $2.3 billion in cash, subject to regulatory approval and expected to close in the coming months.
Uber launches Uber Electric in Australia and sets Eats emissions goals
On September 23 Uber announced an electrification push: Uber Electric is launching in Australia and is available in more than 140 cities, and the company is providing $800 million in resources to help drivers go electric.
Costco expands Uber Eats delivery to nearly 600 warehouses in all 47 states where it operates
Costco expanded its Uber Eats delivery partnership from 17 states to all 47 states where it operates, covering nearly 600 warehouses.
Uber completes EUR 4.5 billion senior notes offering in five tranches maturing 2029 to 2046
Uber completed a registered public offering of five series of euro-denominated senior notes totalling €4.5 billion, according to an 8-K dated September 15, 2026.
CEO Dara Khosrowshahi buys 141,000 Uber shares, about $10 million
CEO Dara Khosrowshahi bought 141,000 shares on September 10, 2026 at a weighted average price of $70.9642, roughly $10 million.
COO Andrew Macdonald buys 70,000 Uber shares at about $76
Uber's President and COO Andrew Macdonald bought 70,000 shares on September 4, 2026 in two open-market lots, at weighted average prices of about $75.65 and $76.44.
Uber and Wayve launch supervised robotaxi rides in London with fewer than 20 cars
Uber and Wayve started supervised robotaxi rides in London on September 3, 2026, making it the second European city for Wayve's robotaxis after Zagreb.
Uber cuts about 10% of staff and removes management layers
In a memo published September 2, CEO Dara Khosrowshahi said Uber is cutting about 10% of its team and flattening management.
Delivery Hero boards back Uber's €41.50 offer and recommend acceptance
Delivery Hero's management and supervisory boards issued a joint reasoned statement on September 2 supporting Uber's €41.50 cash offer and recommending that shareholders accept it.
Uber publishes offer document for its €41.50 Delivery Hero takeover
After BaFin approval, Uber published the offer document for its voluntary cash takeover of Delivery Hero, opening an acceptance period that runs to November 5, 2026.
Dutch regulator fines Uber about EUR 825 million over automated suspensions of driver accounts
The Dutch Data Protection Authority fined Uber about €825 million under GDPR for suspending and deactivating driver accounts through automated systems without human review.
Baidu's driverless Apollo Go robotaxis go live on the Uber app in Dubai
From August 20, riders in parts of Dubai can book Baidu's fully driverless Apollo Go vehicles through the Uber app.
Uber and Zipline partner on drone delivery through Uber Eats in the US
Uber agreed a strategic partnership with drone operator Zipline to bring autonomous drone delivery to Uber Eats customers across the US, and Uber is making an undisclosed strategic investment in Zipline.
Uber and Pony.ai expand robotaxi deal to more than 2,000 vehicles in Europe
Uber and Pony.ai expanded their partnership to deploy more than 2,000 Pony.ai robotaxis across Europe, building on the Zagreb service launched in spring 2026.
Uber Q2 2026: Gross Bookings up 24% to $58.0B, Q3 profit guide below Street
Uber reported second-quarter 2026 results on August 5.
Uber shares fall 5.3% after weaker Q3 guidance despite a Q2 beat
Uber's stock fell 5.3% on the day of its second-quarter report.
Uber agrees to buy Delivery Hero for €41.50 a share in cash
Uber and Delivery Hero entered a business combination agreement under which Uber's bidder entity will offer €41.50 in cash per share, valuing Delivery Hero at about €13.0 billion fully diluted.
GameStop joins Uber Eats to deliver games, consoles and collectibles
GameStop stores across the US can now take orders through the Uber Eats app for video games, consoles, accessories and collectibles.
Uber winds down Waymo robotaxi service in Phoenix and plans a new AV partner there
Uber said it has wound down its robotaxi offering with Waymo in Phoenix, calling it an intentionally limited deployment of just over a dozen vehicles.
Uber buys Aspex's Delivery Hero stake, lifting its total holding to 36.83%
Uber bought out Aspex Management's shares in Delivery Hero, which Delivery Hero disclosed on May 27, 2026.
Uber lifts Delivery Hero stake to 19.5%, becoming its largest shareholder
Delivery Hero said Uber's direct holding rose from about 7% to 19.5% of issued capital, making Uber the largest shareholder ahead of Prosus.
Nuro receives California DMV permit to test driverless Lucid Gravity robotaxis for Uber
Nuro received a California DMV permit to test Lucid Gravity SUVs without a human safety driver in Santa Clara and San Mateo counties, at speeds up to 45 mph, day or night.
Uber Q1 2026 Gross Bookings rise 25% to $53.7B; Q2 guidance $56.25B-$57.75B
Uber reported first-quarter 2026 Gross Bookings of $53.7 billion, up 25% (21% in constant currency), above its own $52.0 billion to $53.5 billion guidance range.
Ahold Delhaize USA expands Uber Eats grocery deal to nearly 2,000 Northeast and Mid-Atlantic stores
Ahold Delhaize USA brands Food Lion, Giant, The GIANT Company, Hannaford and Stop & Shop are now on the Uber Eats marketplace in the Northeast and Mid-Atlantic, covering nearly 2,000 stores.
Second Uber sexual assault bellwether ends with $5,000 award in Charlotte federal court
A federal jury in the Western District of North Carolina awarded $5,000 to Brianna Mensing, who alleged her Uber driver sexually assaulted her during a 2019 ride.
Ace Hardware joins Uber Eats with more than 3,700 U.S. stores live at launch
Uber and Ace Hardware announced a partnership that puts more than 3,700 Ace locations on the Uber Eats app across all 50 states.
Uber agrees to acquire Berlin chauffeur platform Blacklane, terms not disclosed
Uber agreed to acquire Blacklane, the Berlin-based private chauffeur platform that operates in more than 500 cities across over 60 countries.
Pony.ai, Verne and Uber plan Zagreb robotaxi service, Europe's first commercial one
Pony.ai, Uber and Croatian operator Verne announced a partnership to launch a commercial robotaxi service in Zagreb.
Nvidia and Uber plan Level 4 robotaxis in 28 cities by 2028, starting in LA and San Francisco in 2027
Nvidia and Uber announced an expanded autonomous vehicle partnership at Nvidia's GTC conference.
Uber and Zoox partner to offer Zoox robotaxis in the Uber app, starting in Las Vegas
Uber and Amazon's Zoox agreed to put Zoox robotaxis on the Uber app, starting in Las Vegas in summer 2026.
SEC filings
| Sep 21, 26 | CERT | CERT: NYSE CERTIFICATION | sec.gov ↗ |
| Sep 18, 26 | 4 | Form 4: Ceremony Glen (See Remarks) — option exercise 3,610 sh, tax withholding 1,793 sh | sec.gov ↗ |
| Sep 18, 26 | 4 | Form 4: Macdonald Andrew (See Remarks) — option exercise 10,166 sh, tax withholding 5,683 sh | sec.gov ↗ |
| Sep 18, 26 | 4 | Form 4: Hazelbaker Jill (See Remarks) — option exercise 9,161 sh, tax withholding 4,627 sh | sec.gov ↗ |
| Sep 18, 26 | 4 | Form 4: Krishnamurthy Balaji (A) (Chief Financial Officer) — option exercise 4,393 sh, tax withholding 2,246 sh | sec.gov ↗ |
| Sep 18, 26 | 4 | Form 4: West Tony (See Remarks) — option exercise 7,196 sh, tax withholding 3,570 sh | sec.gov ↗ |
| Sep 17, 26 | 4 | Form 4: Insider transaction report | sec.gov ↗ |
| Sep 17, 26 | SCHEDULE 13D/A | SCHEDULE 13D/A: Activist/controlling ownership report (5%+) (amended) | sec.gov ↗ |
| Sep 15, 26 | 4 | Form 4: Hazelbaker Jill (See Remarks) — open-market sale 28,170 sh | sec.gov ↗ |
| Sep 15, 26 | 8-A12B | 8-A12B: Securities registration (exchange listing) | sec.gov ↗ |
| Sep 15, 26 | 8-K | 8-K: Other Events (Item 8.01) | sec.gov ↗ |
| Sep 11, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 11, 26 | 424B2 | 424B2: Prospectus supplement | sec.gov ↗ |
| Sep 10, 26 | 4 | Form 4: KHOSROWSHAHI DARA (Chief Executive Officer, Director) — open-market buy 141,000 sh | sec.gov ↗ |
| Sep 9, 26 | FWP | FWP: Free writing prospectus | sec.gov ↗ |
| Sep 8, 26 | 4 | Form 4: Macdonald Andrew (See Remarks) — open-market buy 70,000 sh | sec.gov ↗ |
| Sep 8, 26 | 424B3 | 424B3: Filing | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Insider transaction report | sec.gov ↗ |
| Aug 19, 26 | SCHEDULE 13D/A | SCHEDULE 13D/A: Activist/controlling ownership report (5%+) (amended) | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: Krishnamurthy Balaji (A) (Chief Financial Officer) — option exercise 4,393 sh, tax withholding 2,247 sh | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: Macdonald Andrew (See Remarks) — option exercise 10,167 sh, tax withholding 5,684 sh | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: West Tony (See Remarks) — option exercise 7,196 sh, tax withholding 3,570 sh | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: Hazelbaker Jill (See Remarks) — option exercise 9,159 sh, tax withholding 4,626 sh | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: Ceremony Glen (See Remarks) — option exercise 6,604 sh, tax withholding 3,278 sh | sec.gov ↗ |
| Aug 13, 26 | SCHEDULE 13G | SCHEDULE 13G: Passive ownership report (5%+) | sec.gov ↗ |
Insider trades, 12 months
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-11 | Hazelbaker Jill See Remarks | Sale | 28.2K | $71.31 | $2.0M |
| 2026-09-10 | KHOSROWSHAHI DARA Chief Executive Officer, Director | Buy | 141.0K | $70.96 | $10.0M |
| 2026-09-04 | Macdonald Andrew See Remarks | Buy | 70.0K | $75.83 | $5.3M |
| 2026-03-16 | Krishnamurthy Nikki SVP and Chief People Officer | Sale | 30.0K | $74.45 | $2.2M |
| 2026-02-24 | Krishnamurthy Balaji (A) Chief Financial Officer | Buy | 22.5K | $71.25 | $1.6M |
| 2026-01-20 | West Tony See Remarks | Sale 10b5-1 plan | 3.1K | $83.50 | $260.9K |