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Uber Technologies (UBER) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Uber Technologies (UBER) Q3 2026 earnings results →

Q3 2026 Revenue up 10% year over year to $14.8B · 3¢ of every $1 of revenue kept as net profit · operating margin 9.8%

Uber Technologies made $14.8B in Q3 2026 (+10% Y/Y). Operating margin 9.8%, net earnings $512M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.

Revenue$14.8B
Year over year+10%
Operating margin9.8%
Net earnings$512M
Operating cash flow$2.6B

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Uber Technologies Q3 2026 revenue breakdown: Sankey diagram of revenue, costs, profit and cash flow
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What changed this quarter

Revenue was $14.8B in Q3 2026, up 10% year over year and up 4% from the previous quarter.

Operating profit was $1.4B, a 9.8% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 26% reached operating profit, above the 8% margin then. Total costs grew 8% against revenue growth of 10%. The fastest-growing cost line was Research & development (+48%). Net earnings were $0.51B, down 92% year over year. The effective tax rate was 30.0%.

Operating cash flow was $2.6B (up 13% year over year), 464% of net income including minority interests. Non-cash charges added back $0.21B of depreciation and amortization and $0.59B of share-based compensation. Working capital and other items added $1.3B. After purchases of property and equipment ($0.10B), free cash flow as the company reports it was $2.5B.

Quarterly history

Uber Technologies revenue by quarterUber Technologies revenue by quarter$11.5BQ1 2025$12.7BQ2 2025$13.5BQ3 2025$14.4BQ4 2025$13.2BQ1 2026$14.2BQ2 2026$14.8BQ3 2026
Uber Technologies net earnings by quarterUber Technologies net earnings by quarter$1.8BQ1 2025$1.4BQ2 2025$6.6BQ3 2025$296MQ4 2025$263MQ1 2026$2.4BQ2 2026$512MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 4, 2026$14.8B+10%9.8%$512M$2.6B
Q2 202610-QAug 5, 2026$14.2B+12%13.3%$2.4B$2.9B
Q1 202610-QMay 6, 2026$13.2B+14%14.6%$263M$2.4B
Q4 202510-KFeb 13, 2026$14.4B+20%12.3%$296M$2.9B
Q3 202510-QNov 4, 2025$13.5B+20%8.3%$6.6B$2.3B
Q2 202510-QAug 6, 2025$12.7B+18%11.5%$1.4B$2.6B
Q1 202510-QMay 7, 2025$11.5B+14%10.6%$1.8B$2.3B

Charts

Uber Technologies: revenue growth, year over year and quarter over quarterUber Technologies: revenue growth, year over year and quarter over quarterY/YQ/Q+14%Q1 2025+18%+10%Q2 2025+20%+6%Q3 2025+20%+7%Q4 2025+14%-8%Q1 2026+12%+7%Q2 2026+10%+4%Q3 2026
Latest (Q3 2026): Y/Y +10%, Q/Q +4%.
Uber Technologies: where the cash came from (+) and went (−), TTM to Q3 2026Uber Technologies: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$10.7BBuybacks−$6.2BOther investing−$5.8BNet borrowing (+) / repaid (−)$3.8BAcquisitions−$1.6BCash drawn (+) / kept (−)−$679MCapital spending−$314MOther financing$12.0MExchange rates$9.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Uber Technologies: profit against cash, quarter by quarterUber Technologies: profit against cash, quarter by quarterNet incomeOperating cash flow$6.9B$1.8BQ4 2024$1.8B$2.3BQ1 2025$1.4B$2.6BQ2 2025$6.7B$2.3BQ3 2025$317M$2.9BQ4 2025$282M$2.4BQ1 2026$2.4B$2.9BQ2 2026$569M$2.6BQ3 2026
Latest (Q3 2026): Net income $569M, Operating cash flow $2.6B.
Uber Technologies: diluted shares by fiscal yearUber Technologies: diluted shares by fiscal year1.75BFY20201.90BFY20211.97BFY20222.09BFY20232.15BFY20242.12BFY2025
+20.9% since FY2020: more shares outstanding (issuance, stock pay).
Uber Technologies: long-term debt falling due (FY2025)Uber Technologies: long-term debt falling due (FY2025)$2.9B2028$1.5B2029$1.2B2030$5.0BLater
Cash $7.1B, short-term investments $528M, long-term debt $10.5B at 2025-12-31.
Uber Technologies in its industry: growth against margin (87 companies, SIC 7389)Uber Technologies in its industry: growth against margin (87 companies, SIC 7389)revenue growth, year over year →↑ operating marginmedian +8%median 7%ACNVMELIMAPYPLFISVDASHAMTMFISGPNEBAYCNXCLYFTBRCPAYFOURRBAMMSTNETAKAMCARTWUCSGPADVMSCIWEXZGCBZETSYFICOTICEXLSCNDTRELYALITMBGLQNSTMAXPAYHQYPAYOPRTHCTEVXMTRFLYWGETYANDGNUTXACVAXBPSEZLIMXILQDTPHRRMNIRPAYRGPSCORJANLCASSAMWLSGRPDHXBAERPAYSOPRXNOTEHGBLPOWWRSSSDVLTPAYDQMCIINVUTGLASFHCJMBOLBXHLDFTFTDBMMCNFNSRCOGBUXWASTBCRDUBER (+10%, 10%)
Services-Business Services, NEC; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Buys from

About Uber Technologies

Uber Technologies, Inc. (“Uber,” the “Company,” “we,” “our,” or “us”) is a technology platform that uses a massive network, leading technology, operational excellence and product expertise to power movement from point A to point B. We develop and operate proprietary technology applications supporting a variety of offerings on our platform (“platform(s)” or “Platform(s)”). We connect consumers (“Rider(s)”) with independent providers of ride services (“Mobility Driver(s)”) for ridesharing services, and connect Riders and other consumers (“Eater(s)”) with restaurants, grocers and other stores (collectively, “Merchants”) with delivery service providers (“Couriers”) for meal preparation, grocery and other delivery services.

In its own words, from its 10-K, filed Feb 13, 2026.

Uber Technologies against its Services-Business Services, NEC peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +10% against the peers' median +10%. Operating margin: 9.8% against the peers' median 9.8%.

CompanyQuarterRevenueY/YOp. margin
UBER Uber TechnologiesQ3 2026$14.8B+10%9.8%
ACN AccentureQ4 FY26$18.7B+6%15.3%
V VisaQ4 FY26$12.1B+13%59.8%
MELI MercadoLibreQ3 2026$10.8B+45%6.3%
MA MastercardQ3 2026$9.8B+14%59.8%
PYPL PayPal HoldingsQ3 2026$8.6B+2%16.3%
FISV FiservQ3 2026$5.2B-1%-105.7%
DASH DoorDashQ3 2026$4.6B+34%9.6%
AMTM Amentum HoldingsQ3 FY26$3.5B-2%4.9%

Source: Uber Technologies 10-Q on SEC EDGAR · CIK 1543151 · Services-Business Services, NEC

Guidance and outlook

Uber Technologies: what its forward-looking statements are about (10-Q filed 2026-11-04)Uber Technologies: what its forward-looking statements are about (10-Q filed 2026-11-04)Other8Demand6Costs2Financing2Tax1
19 statements; tone +0.05 (−1 all cautious, +1 all confident); 1 hedged.
Uber Technologies: outlook statements against the filing beforeUber Technologies: outlook statements against the filing beforeNew2Dropped3Confident2Cautious1

13F: who owns UBER and who is buying

Largest holders of UBER (13F)Largest holders of UBER (13F)Vanguard Group$15.7BBlackRock$10.5BVanguard Capital Management LLC$9.6BCapital Research Global Investors$9.4BState Street$6.5BMorgan Stanley$5.3BPublic Investment Fund$5.3BGeode Capital Management, LLC$3.3BVanguard Portfolio Management LLC$2.5BPershing Square Holdco, L.P.$2.5B
Funds' net buying of UBER by quarter (13F)Funds' net buying of UBER by quarter (13F)$98.2M2024-09−$3.1B2024-12$474M2025-03$1.9B2025-06−$1.0B2025-09$32.4M2025-12−$1.6B2026-03$1.8B2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on UBER

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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中文版：优步（UBER）财报

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