UBER TECHNOLOGIES, INC. (UBER) FY2024 Q1 P&L / Income Statement

UBER TECHNOLOGIES, INC. (UBER) FY2024 Q1 P&L / Income Statement

Income statement for 2024-01-01 through 2024-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

10,131,000,000 US dollars

Cost of revenue (calculated)

6,168,000,000 US dollars

Gross profit (calculated)

3,963,000,000 US dollars

Operating expenses (calculated)

3,791,000,000 US dollars

Income (loss) from operations

172,000,000 US dollars

Other income (expense), net (calculated)

negative 802,000,000 US dollars

Loss before income taxes and income (loss) from equity method investments

negative 630,000,000 US dollars

Provision for income taxes

29,000,000 US dollars

Net loss including non-controlling interests

negative 663,000,000 US dollars

Mobility revenue

5,633,000,000 US dollars

Delivery revenue

3,214,000,000 US dollars

Freight revenue

1,284,000,000 US dollars

Cost of revenue, exclusive of depreciation and amortization shown separately below

6,168,000,000 US dollars

Operations and support

685,000,000 US dollars

Sales and marketing

917,000,000 US dollars

Research and development

790,000,000 US dollars

General and administrative

1,209,000,000 US dollars

Depreciation and amortization

190,000,000 US dollars

Income (loss) from equity method investments

negative 4,000,000 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.: −$654.00 M; to noncontrolling interests: −$9.00 M.