UBER TECHNOLOGIES, INC. (UBER) FY2023 Annual P&L / Income Statement

Revenue by Business Segment

2023-01-01 to 2023-12-31

Swipe to see the full flow
UBER TECHNOLOGIES, INC. (UBER) FY2023 Annual P&L / Income StatementIncome statement for 2023-01-01 through 2023-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETMobilityDeliveryFreightRevenueGross profit (calculated)Cost of revenue (calculated)Cost of revenue, exclusive of depreciation and amortization shown separately belowIncome (loss) from operationsOperating expenses (calculated)Sales and marketingResearch and developmentOperations and supportGeneral and administrativeDepreciation and amortizationOther income (expense), net (calculated)Income (loss) before income taxes and income from equity method investmentsNet income (loss) including non-controlling interestsProvision for (benefit from) income taxesIncome (loss) from equity method investmentsIncome (loss) from equity method investmentsIncome (loss)from equity methodinvestments$48.00 MOther income (expense), net (calculated)Other income,net (calculated)$1.21 BGross profit (calculated)Gross profit(calculated)$14.82 BIncome (loss) from operationsIncome (loss)from operations$1.11 BIncome (loss) before income taxes and income from equity method investmentsPretax income$2.32 BRevenueRevenue$37.28 BNet income (loss) including non-controlling interestsNet income$2.16 BOperating expenses (calculated)Operating expenses(calculated)$13.71 BMobilityMobility$19.83 BProvision for (benefit from) income taxesProvision for (benefitfrom) income taxes$213.00 MSales and marketingSales and marketing$4.36 BCost of revenue (calculated)Cost of revenue(calculated)$22.46 BResearch and developmentResearch and development$3.16 BDeliveryDelivery$12.20 BOperations and supportOperations and support$2.69 BGeneral and administrativeGeneral and administrative$2.68 BFreightFreight$5.25 BDepreciation and amortizationDepreciation and amortization$823.00 MCost of revenue, exclusive of depreciation and amortization shown separately belowCost of revenue$22.46 B
Chart details

UBER TECHNOLOGIES, INC. (UBER) FY2023 Annual P&L / Income Statement

Income statement for 2023-01-01 through 2023-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
37,281,000,000 US dollars
Cost of revenue (calculated)
22,457,000,000 US dollars
Gross profit (calculated)
14,824,000,000 US dollars
Operating expenses (calculated)
13,714,000,000 US dollars
Income (loss) from operations
1,110,000,000 US dollars
Other income (expense), net (calculated)
1,211,000,000 US dollars
Income (loss) before income taxes and income from equity method investments
2,321,000,000 US dollars
Provision for (benefit from) income taxes
213,000,000 US dollars
Net income (loss) including non-controlling interests
2,156,000,000 US dollars
Mobility
19,832,000,000 US dollars
Delivery
12,204,000,000 US dollars
Freight
5,245,000,000 US dollars
All Other
0 US dollars
Cost of revenue, exclusive of depreciation and amortization shown separately below
22,457,000,000 US dollars
Operations and support
2,689,000,000 US dollars
Sales and marketing
4,356,000,000 US dollars
Research and development
3,164,000,000 US dollars
General and administrative
2,682,000,000 US dollars
Depreciation and amortization
823,000,000 US dollars
Income (loss) from equity method investments
48,000,000 US dollars. Reported below-tax contribution to net income.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
  • Of which attributable to UBER TECHNOLOGIES, INC.: $1.89 B; to noncontrolling interests: $269.00 M.
UBER TECHNOLOGIES, INC. (UBER) FY2023 Annual P&L / Income Statement Sankey chart, Business segment view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

39.8%

Gross profit / revenue

Operating margin

3.0%

Operating profit / revenue

Cash conversion

166.3%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!