UberUBER

UberUBER

Revenue: is the business selling more than it used to?

$52.0B+18% YoYFY 2025

→Revenue reached $52.0B in 2025, compounding +18% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $55.2B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Net income: how much of that revenue becomes profit?

$10.1B+2% YoYFY 2025

→Net income was $10.1B in 2025, against $9.9B the year before. Trailing twelve-month profit stands at $9.6B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

How fast is it growing, year by year?

+18.3%revenue growth, FY 2025

→Revenue grew +18% in 2025 against a five-year average of +39%. Earnings grew more slowly (+2%), so costs are absorbing part of the growth. 2019's swing into loss (-953%) and 2024's +422% earnings rebound off a collapsed base sits off the axis.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Revenue per share: is your slice growing as fast as the company?

$24.54revenue per share, FY 2025

→Revenue per share reached $24.54 in 2025, compounding +15% a year against +18% for UBER as a whole. Dilution absorbed about 2.7 points of that growth. Free cash flow per share stands at $4.61.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Free cash flow: what is left in real cash after everything?

$9.8B+42% YoYFY 2025

→Free cash flow was $9.8B in 2025, compounding +193% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $10.1B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

How much of every sales dollar ends up as free cash?

→19 cents of every sales dollar became free cash in 2025, up 18 points since 2022 - the best conversion in its filed history.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

What does staying competitive cost, per dollar of sales?

→The biggest claim on each sales dollar is research and development, at 7% of revenue (stock compensation 4%, capital spending 1%). That share has fallen since 2022, so the cost of competing is easing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Margins: of every $1 of sales, how much survives each cost layer?

→Operating margin widened 16 points to 11% since 2022. After everything, 19 cents of each sales dollar reaches net profit. UBER doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

What does it earn on the money it uses?

→ROE of 35% sits well above ROCE of 11%. A meaningful share of the shareholder return is manufactured with leverage rather than operations.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

What has the market paid for UBER over time?

16.8xP/E today

→At 16.8x earnings, the market is paying about what it has typically paid UBER's own 3-year median of 17.9x. Neither a bargain nor a stretch by its own standard.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

What cash return does the business throw off per dollar of market value?

6.5%FCF yield today

→Every dollar of market value currently buys 6.5% of annual free cash flow, more than its 7-year median of 0.7% - the cash is cheaper than usual.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Could it handle its debt if things went wrong?

→Debt of $12.7B sits against $4.9B of cash, or 0.5x shareholders' equity. Earnings cover the interest bill 15 times over, so the debt is comfortably serviced.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Is the company's own capital growing?

→The company's own capital grew from $11.2B in 2023 to $27.3B (+143%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

How much goes back, and how much leaks out as stock comp?

→Shareholders received $6.5B in buybacks in 2025. Stock compensation issued $1.8B of new shares in the same year, offsetting 28% of that.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

How fast is your ownership being diluted - or concentrated?

→The share count shrank 1.4% in 2025. Buybacks are concentrating your ownership: the same business, split fewer ways.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Does UBER earn more on its capital than that capital costs?

→UBER earns 11.2% on the capital it employs, comfortably above the 10% most investors treat as the cost of capital. That is the highest in UBER's filed history.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

UBER has issued or retired shares - did shareholders end up better off?

→UBER's share count rose +397% from 2017 to 2025 while revenue per share grew +32%. Holders are further ahead than before, though the gain per share is smaller than the growth in the business.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

UberUBER

Are the people running it buying or selling?

→Insiders bought $20M and sold $951M on the open market, a net sale of $931M. A further 59 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30