Today, Uber is one of the worlds largest open platforms for work, offering opportunities to earn money in 72 countries and over 10,000 cities. Annual car sales worldwide 2010-2022, with a forecast for 2023 . To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. In total, they generated over US$150 billion in earnings, excluding tips. Abstract and Figures Uber Technologies, Inc. is an American multinational transportation network company (TNC) offering services that include peer-to-peer ridesharing, ride service hailing, food. Data may be intentionally delayed pursuant to supplier requirements. Segment Adjusted EBITDA SegmentRead more, e provided. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Uber Technologies Inc. Uber drivers have earned million in tips since the program started in late June. Uber, the most highly- valued US based startup, is heading into its much-anticipated IPO after more than one billion dollars in losses last year. Published in June 2022. In the fourth quarter of 2018, Uber also reported an adjusted loss of $768 million. Investments in debt securitiesRead more, Form 10-K. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. That figure represented sequential-quarterly growth of 6.4 percent. He inherited a company that was growing quickly but losing billions overseas and roiled by controversy and board infighting. All rights reserved. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. They take on big problems to help drivers, riders, delivery partners, and eaters get moving in more than 600 cities around the world. By sharing hard data, we can hold ourselves accountable and share best practices with other companies for the benefit of everyone. The company hopes that moonshot projects such as Uber freight, electronic bikes, autonomous driving and its development of flying cars will help it own a piece of every trip across any vehicle. In total, they generated over US$150 billion in earnings, excluding tips. At the same time, Khosrowshahi has made big expensive bets, such as Uber's acquisition of the bike- and scooter-sharing start-up Jump, and doubling down on expanding Uber Eats. Depreciation and AmortizationRead more, itable donations. Sign up for free newsletters and get more CNBC delivered to your inbox. LRQAs verification statement can be found here. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. We need go-getters who are looking to improve the way things work for everyone on our platform around the world. However, big bets such as Uber Freight, autonomous driving, bikes, scooters and flying cars are weighing on Uber's long-term profitability. Annual Income Statement - WSJ Advertisement Uber Technologies Inc. UBER (U.S.: NYSE) View All companies AT CLOSE 4:00 PM EDT 04/10/23 $31.74 USD 0.56 1.80%. As such, and as appropriate, they are overseen by Ubers Board of Directors and the Boards independent Audit, Compensation, and Nominating and Governance Committees. If you have the curiosity, passion, and collaborative. This human capital strategy ensures that we consider the needs of our diverse workforce and continue to create an engaging, equitable, and inclusive experience in each of these critical areas. Additionally, theRead more, ansactions. Please wait while we load the requested 10-K report or click the link below: https://last10k.com/sec-filings/report/1543151/000154315123000010/uber-20221231.htm. Our work on safety is never done, and were constantly raising the bar. A $358 million benefit from income taxes cut down what would have been a more than $840 million adjusted. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Annual Meeting of Stockholders; FAQ and resources; Form 10-K. 3/02/20. Read an overview of our Safety Report for more details on Ubers investment in safety and how we combine technology, policies, partnerships, and more to help create a safe environment for everyone. Gross bookings, or the amount collected before payouts to drivers, grew to $50 billion for the year, up 45 percent from the prior year. (PDF) Uber Case Study Analysis - Driver's Egagement Home Pediatrics Case Reports Uber Case Study Analysis - Driver's Egagement September 2022 Authors: Shreyika Sahasrabuddhe University of. 17-04-2023. Our board and management find the exclusion of the impact of these COVID-19 response initiatives from Adjusted EBITDA to be useful because it allows us and our investors to assess the impact of these response initiatives on our resu, sts and expenses. You can sign up for additional alert options at any time. Got a confidential news tip? Source: FactSet. In our journey to build out a world-class public company governance structure, we have strengthened and developed a Board of Directors with a diverse set of backgrounds, skills, and experiences. We know we won't be the right fit for everyone, which is why were committed to being clear about who we are and what its like to work at Uber. Gain on businessRead more, our top shippers. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. The assessment of whetherRead more, f COVID-19. Your vote helps our reports be more useful. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. ImprovementsRead more, sed compensation. Platform R&D alsoRead more, Mobility Gross Bookings grew 48%Read more, Gain on business divestitures, net.Read more, on expense. Executive Summary This report provides a detailed financial analysis and evaluation of the economic and strategic analysis of Uber Technologies, Inc. * Required. UBER TECHNOLOGIES, INC. FINANCIAL STATEMENT ANALYSIS. Please view our 2022 ESG Report for more. Annual report 2017 Group Finances 2017 MMG AS Finances 2017 CSR report . Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables wereremoved, added and changedby Uber Technologies, Inc. Uber Technologies, Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes: ount costs. UBER | Uber Technologies Inc. Fundamental company data and analyst estimates provided by FactSet. As the numbers in both reports show, critical safety incidents on our platform are, statistically, extremely rare. Recent Accounting PronouncementsRead more, Unrealized gain (loss) on debtRead more, We expect research and developmentRead more, nt of operations. These estimates and assumptionsRead more, Sales and Marketing Sales andRead more, s provided. Uber Annual Reports Confidentiality Templates FILED 09/30/22 R1212011. Uber and Lyft filed to go public confidentially on the same day. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 2022 Compared to 2021 Adjusted EBITDA improved $2.5 billion, to $1.7 billion, primarily attributable to a $1.7 billion increase in Mobility Adjusted EBITDA, a $899 million improvement in Delivery Adjusted EBITDA, as well as a $130 million increase in Freight Adjusted EBITDA, partially offset by a $256 million increase in Corporate G&A and Platfor. Alternatively, you can report a safety issue online if youre a rider, driver, Uber Eats customer, or merchant or restaurant. In addition,Read more, Although our stipulation to dissolveRead more, ease liabilities. However, these segments are costly for Uber to develop, weighing on Uber's long-term profitability. In 2022, it had a -$7 billion headwind from revaluations of investments. Uber is focusing on expanding its platform offerings, increasing its Trip volumes, and growing its Freight business through acquisitions. Uber has undertaken reasonable efforts to ensure that the data, analysis, statements, representations, and other content contained in the report are accurate as of the publication date, and we will not update the report or its contents after such publication date. The insurance reservesRead more, ervices provided. Since Uber began in 2010, our technology has allowed millions of people around the world to earn when, where, and how they want. Uber annual profit / loss 2014 to 2022 ($bn) Note: Parentheses indicate loss. According to the private company's self-reported financials, full-year revenue for 2018 was $11.3 billion, up 43 percent year over year. COVID-19 Response Initiatives ToRead more, uncertain. Any of these events could negatively impact our business, result of operations, financial position, and cash flows. Our first Safety Report covered the years 2017 and 2018. To opt in to receive investor email alerts, please enter your email address in the field below and select at least one alert option. Any remainingRead more, working capital. Investing Activities NetRead more, -sale securities. Uber Technologies, Inc. has reached its limit for free report views. The cleanest platform on Earth. Accordingly, we believeRead more, et income (loss). For more information, please see the SECs Web Site Privacy and Security Policy. Data is a real-time snapshot *Data is delayed at least 15 minutes. Uber's gross bookings were up 17% in the second quarter, the number of trips taken rose 150% in the past year and its adjusted loss fell, according to numbers provided to Axios by the company. Actual results dependRead more, ntangible assets. We believe that getting there benefits our investors, our employees, our users, the cities we serve, and the planet as a whole. Mobility revenue alsoRead more, g expenses. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. We want to hear from you. Transparency is just one part of our continued commitment to safety. Given the limitations described herein, Uber does not assess or take any position on whether any of the reported incidents actually occurred, in whole or in part. Ten years of annual and quarterly financial statements and annual report data for Uber Technologies (UBER). The assessment ofRead more, erating expenses. Please wait while we load the requested 10-K report or click the link below: https://last10k.com/sec-filings/report/1543151/000154315122000008/uber-20211231.htm. We reserve the right to block IP addresses that submit excessive requests. Were collecting data from employees to understand what matters to them most and why they stay and build a career here. The decreaseRead more, For additional discussion related toRead more, host instrument. We believe its time for a new approach. This is why we released our industry-first US Safety Report in 2019 to track our progress, drive accountability, and strengthen safety on our platform and beyond. Lyft is also gearing up for an IPO this year, and both companies are racing to get out first. Drivers and couriers using Uber are as diverse as the cities and countries they serve. Uber Technologies, Inc. reports have an aggregate usefulness score of 4.7 based on 106 reviews. Gross Bookings of $25.9 billion, up 51% year-over-year and at the high end of the guidance range Net income of $892 million, including a $1.4 billion net benefit relating to Uber's equity investments Adjusted EBITDA of $86 million was above the guidance range, with Delivery reaching Adjusted EBITDA profitability for Q4 Uber Technologies, Inc. (NYSE: UBER) today announced financial results . Any of these events could negatively impact our business, result of operations, financial position, and cash flows. Allocation ofRead more, Legacy Auto Insurance Transfer OnRead more, Depreciation includes expenses associated withRead more, ther information. Brooklyn, NY 11219, +1 (800)-937-5449 or +1 (718)-921-8124
Between 2016 and 2021, more than 31 million people used Ubers platform to earn. Because its the right thing to dofor our business and for all those who rely on our platform. If you experience any issues with this process, please contact us for further assistance. Fiscal year is January-December. . operating lease liabilities. At Uber, we embed safety into everything we do. For more information, contact opendata@sec.gov. Delivery Segment ForRead more, ount costs. you are giving consent to Uber Technologies Inc. to send you the requested investor email alert updates. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. In order to improve something, you have to measure it. Our calculationRead more, ts of operations. The increase wasRead more, Gain on business divestitures, net.Read more, Divestitures ATG Business to AuroraRead more, ensation expense. The ESG issues identified in our materiality assessment are important to the long-term success of our business and our business strategy. . Liquidity and Capital Resources Operating Activities Net cash used in operating activities was $445 million for the year ended December 31, 2021, primarily consisting of $570 million of net loss, adjusted for certain non-cash items, which primarily included $1.7 billion in gain on business divestitures, $1.2 billion of stock-based compensation expense, $1.1 billion of unrealized gain on debt and equity securities, $413 million of gain from sale of investments, depreciation and amortization expense of $902 million, as well as a $477 million decrease in cash consumed b, Adjusted EBITDA. Khosrowshahi took over Uber in November 2017 from founder Travis Kalanick. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Also, riders have the option to report an incident while theyre on a trip, discreetly in the app through Ubers On-Trip Reporting feature. GAAP losses in 2017 were $4.5 billion. Investments inRead more, Delivery Gross Bookings grew 66%Read more, Financial and Operational Highlights (1)Read more, losses disclosed. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Work for Uber Technologies, Inc.? Uber Technologies annual revenue for 2022 was $31.877B, a 82.62% increase from 2021. After submitting your request, youll receive an activation email at the requested email address. All values USD Thousands. Limitations ofRead more, nancial measures. The company produced losses in both 2016 and 2017, but claimed a net income of 997 million . As part of getting there, weve set an ambitious goal of enabling 100% of rides on our passenger mobility platform to be completed in zero-emission vehicles (ZEVs), on micromobility, or on public transit by 2030 in the US, Canada, and Europe, and by 2040 in every market we operate in globally. "In 2018, our ride sharing business maintained category leadership in all regions we serve, Uber Freight gained exciting traction in the US, JUMP e-bikes and e-scooters are on the road in over a dozen cities, and we believe Uber Eats became the largest online food delivery business outside of China, based on gross bookings.". You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. We are using this insight to clarify our priorities and approach, and as a result were focused on 6 differentiated employee needs: pride, belonging and equity, growth, compensation, well-being, and trust. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. By using this site, you are agreeing to security monitoring and auditing. *This disclaimer also applies in full to Ubers first US Safety Report, published in December 2019. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Business Combinations WeRead more, operations. PDF Format Download (opens in new window), Word Format Download (opens in new window), Excel Format Download (opens in new window), XBRL Format Download (opens in new window). Report Locked. By providing your email address below, you are providing consent to Lyft, Inc. to send you the requested Investor Email Alert updates. It's the highest it has ever been, the company told investors. In the fourth quarter of 2018, Uber also reported an adjusted loss of $768 million. By providing your email address below, you are giving consent to Uber Technologies Inc. to send you the requested investor email alert updates. Delivery Take RateRead more, Net cash provided by operatingRead more, egal costs. Uber has only had one profitable year, in 2018. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Safety should never be proprietary, and its our intention to make an impact well beyond our own company, encouraging others to be more transparent with their data and to share best practices that can make everyone safer.. Mobility Segment For theRead more, mpensation. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. While that's not viable for most public companies, Uber is expected to go public this year with a rumored valuation of over $120 billion, and investors will have to decide if Uber's slowing growth warrants that valuation. If you experience any issues with this process, please contact us for further assistance. The first report covers the years 2017 and 2018, and the second covers the years 2019 and 2020. Research and Development 2022Read more, of drivers. PDF, XLS format .