In the lead-up to a 2019 IPO, Uber is pitching itself as a full platform for transportation and logistics, not just ride-hailing. You must click the activation link in order to complete your subscription. Uber now considers food delivery part of its core business, along with ride-hailing. . Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Accordingly, we believeRead more, et income (loss). Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. In the third quarter of 2018, Uber had revenue of $2.944 billion. After submitting your request, you'll receive an activation email at the requested email address. Uber drivers have earned million in tips since the program started in late June. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. International stock quotes are delayed as per exchange requirements. Back in October, Uber said it was expanding its food-delivery business to cover 70 percent of the U.S. by the end of 2018. Platform R&D alsoRead more, Mobility Gross Bookings grew 48%Read more, Gain on business divestitures, net.Read more, on expense. Uber Technologies, Inc. At Uber, they ignite opportunity by setting the world in motion. Since Uber began in 2010, our technology has allowed millions of people around the world to earn when, where, and how they want. Our reports include sexual assault incidents reported by drivers and riders, plus fatal physical assaults and fatal motor vehicle crashes that occurred in connection with the Uber platform, regardless of who the victim or accused party was. We make adjustmentsRead more, The COVID-19 pandemic has rapidlyRead more, Mobility Gross Bookings grew 36%,Read more, Net loss attributable to UberRead more, ction of revenue. "Q4 set another record for engagement on our platform," Chai said in a statement. Accordingly, we believeRead more, rospective basis. Source: Company data Uber gross bookings Uber generated $115 billion in gross bookings in 2022, a 27% increase year-on-year. Period. 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. The insurance reserves isRead more, Delivery Adjusted EBITDA profit wasRead more, estimates. Correction: This story was updated to reflect Uber's GAAP losses in 2018 and remove a revenue growth stat for 2017 that was not comparable to 2018. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. https://www.astfinancial.com/. Delivery Segment ForRead more, ount costs. So while the growth rate is strong by most standards, Uber's growth decelerated over 2018. They include professional drivers, veterans, students, parents returning to work, people supplementing a primary income, and everything in between. A $358 million benefit from income taxes cut down what would have been a more than $840 million adjusted. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. In 2022, it had a -$7 billion headwind from revaluations of investments. In the fourth quarter of 2018, Uber also reported an adjusted loss of $768 million. Misclassification challenges may impact our business, result of operations, financial position and operating condition and cash flows. Moreover, we operate in a highly competitive and rapidly changing environment. Get this delivered to your inbox, and more info about our products and services. Annual report 2017 Group Finances 2017 MMG AS Finances 2017 CSR report . Yet data on serious safety issues, especially sexual violence, is sparse and inconsistent. Accordingly, we believeRead more, mpensation. 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. Uber Technologies, Inc. reports have an aggregate usefulness score of 4.7 based on 106 reviews. Freight Segment ForRead more, Although our stipulation to dissolveRead more, sket sizes. Were working with cities and NGOs, partnering with health and mobility companies, and introducing new users to Uber through a variety of new products and offerings to keep people and cities moving. To opt in to receive investor email alerts, please enter your email address in the field below and select at least one alert option. Uber is focusing on expanding its platform offerings, increasing its Trip volumes, and growing its Freight business through acquisitions. The data consists of reported incidents that allegedly occurred in connection with (as defined here) an Uber-facilitated trip and includes such reports even if there is no allegation against a rider or driver connected with the trip. Research firm Second Measure shows that Lyft, Uber's largest U.S. competitor, has taken 28.9 percent of the market over the last year. All Rights Reserved. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Adjusted EBITDA. Our calculationRead more, ts of operations. LRQAs verification statement can be found here. Significant estimates inRead more, Adjusted EBITDA loss was $774Read more, Various governmental restrictions, including theRead more, As our business recovers fromRead more, s amortized cost. An accounting policy is considered to be critical if it requires judgment on a significant accounting estimate to be made based on assumptions about matters that are uncertain at the time the estimate is made, and if different estimates that reasonably could have been used, or changes in the accounting estimates that are reasonably likely to occur periodically, could materially impact the reported amounts of assets, liabilities, revenue and expenses, and related disclosures in our audited consolidated financial, meaningful. He inherited a company that was growing quickly but losing billions overseas and roiled by controversy and board infighting. Report Locked. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. General and AdministrativeRead more, rs' compensation. 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. These reports examine data from Ubers rideshare platform in the US. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Source: Kantar Media, Extraordinaries & Discontinued Operations. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. 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). Allocation ofRead more, Legacy Auto Insurance Transfer OnRead more, Depreciation includes expenses associated withRead more, ther information. 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. For more informationRead more, ssumptions. Published in June 2022. Drivers and couriers using Uber are as diverse as the cities and countries they serve. Uber has only had one profitable year, in 2018. Got a confidential news tip? Accordingly, we believeRead more, directors. Recent Accounting PronouncementsRead more, Unrealized gain (loss) on debtRead more, We expect research and developmentRead more, nt of operations. Ubers US Safety Reports include information about Ubers actions related to safety and data on the most serious safety incidents reported on our rideshare platform. The company lost $1.8 billion in 2018, the. Greenhouse gas emissions data in this report has been verified by Lloyds Register Quality Assurance. UBER TECHNOLOGIES, INC. FINANCIAL STATEMENT ANALYSIS. 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. Uber and Lyft both prepare for IPOs this year and could trade very differently. Uber's CFO, Nelson Chai, called 2018 the company's strongest year yet. In total, they generated over US$150 billion in earnings, excluding tips. Between 2016 and 2021, more than 31 million people used Uber's platform to earn. You can sign up for additional alert options at any time. They welcome people from all backgrounds who seek the opportunity to help build a future where everyone and everything can move independently. COVID-19 Response Initiatives ToRead more, uncertain. . 2022 2021 2020 2019 2018 5-year trend; Net Income before Extraordinaries Actual results dependRead more, Revenue was $31.9 billion, orRead more, ble assets. How do I report a safety incident to Uber. Including those two sales to Yandex and Grab, respectively, Uber actually saw GAAP losses of $370 million. By using this site, you are agreeing to security monitoring and auditing. PDF Format Download (opens in new window) Word Format Download (opens in new window) Excel Format Download (opens in new window) . We reserve the right to block IP addresses that submit excessive requests. A few months later, he sold Uber's unprofitable Southeast Asia business. Delivery Take RateRead more, Net cash provided by operatingRead more, egal costs. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Investments in debt securitiesRead more, Form 10-K. the U.S. dollar. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. At Uber, they ignite opportunity by setting the world in motion. Data may be intentionally delayed pursuant to supplier requirements. Uber annual profit / loss 2014 to 2022 ($bn) Note: Parentheses indicate loss. Freight adjustedRead more, e not meaningful. In total, they generated over US$150 billion in earnings, excluding tips. Net cash used in operating activities was $4.3 billion for the year ended December 31, 2019 , primarily consisting of $8.5 billion of net loss, adjusted for certain non-cash items, which primarily included $4.6 billion of stock-based . Sign up for free newsletters and get more CNBC delivered to your inbox. A $358 million benefit from income taxes cut down what would have been a more than $840 million adjusted loss. General and Administrative 2022 Compared to 2021 General and administrative expenses increased $820 million, or 35%, primarily attributable to a $661 million increase in legal, tax, and regulatory reserve changes and settlements and a $145 million increase to stock-based c, operations. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. By providing your email address below, you are giving consent to Uber Technologies Inc. to send you the requested investor email alert updates. 2021 ComparedRead more, r from estimates. If you experience any issues with this process, please contact us for further assistance. 17-04-2023. Gain on businessRead more, our top shippers. Weve prioritized robust screening processes and technology, built new safety features, and invested in providing riders and drivers with support in times of need. In addition, in August 2018, New York City approved regulations for the local for-hire market (which . Our first Safety Report covered the years 2017 and 2018. After submitting your request, you will receive an activation email to the requested email address. Annual Report. Questions and answers to help you understand Ubers US Safety Reports. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. In the fourth quarter of 2018, Uber also reported an adjusted loss of $768 million. Gross bookings, or the amount collected before payouts to drivers, grew to $50 billion for the year, up 45 percent from the prior year. The company produced losses in both 2016 and 2017, but claimed a net income of 997 million . Khosrowshahi took over Uber in November 2017 from founder Travis Kalanick. 6201 15th Ave They take on big problems to help drivers, riders, delivery partners, and eaters get moving in more than 600 cities around the world. Operations and SupportRead more, Mobility Adjusted EBITDA profit wasRead more, Depreciation and Amortization Depreciation andRead more, meaningful. 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. Do not sell or share my personal information. These estimatesRead more, Sales and Marketing Sales andRead more, Depreciation and Amortization Depreciation andRead more, inancial measure. You can sign up for additional alert options at any time. Includes Ownership Percent, Buy versus Sell comparison, Put-Call ratio and more, Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports, Consolidated Balance Sheets (Parenthetical), Consolidated Statements Of Comprehensive Loss, Consolidated Statements Of Redeemable Non-Controlling Interests And Equity, Assets And Liabilities Held For Sale (Tables), Assets And Liabilities Held For Sale - Summary Of Information (Details), Business Combinations - Careem Acquisition Date Fair Value (Details), Business Combinations - Careem Intangible Assets Acquired And Useful Lives (Details), Business Combinations - Careem Narrative (Details), Business Combinations - Careem Purchase Price Allocation (Details), Business Combinations - Cornershop Acquisition Date Fair Value (Details), Business Combinations - Cornershop Intangible Assets Acquired And Useful Lives (Details), Business Combinations - Cornershop Narrative (Details), Business Combinations - Cornershop Purchase Price Allocation (Details), Business Combinations - Drizly Acquisition Date Fair Value (Details), Business Combinations - Drizly Intangible Assets Acquired And Useful Lives (Details), Business Combinations - Drizly Purchase Price Allocation (Details), Business Combinations - Postmates Acquisition Date Fair Value (Details), Business Combinations - Postmates Intangible Assets Acquired And Useful Lives (Details), Business Combinations - Postmates Narrative (Details), Business Combinations - Postmates Purchase Allocation (Details), Business Combinations - Pro Forma (Details), Business Combinations - Routematch And Drizly Narrative (Details), Business Combinations - Transplace Acquisition Date Fair Value (Details), Business Combinations - Transplace Intangible Assets Acquired And Useful Lives (Details), Business Combinations - Transplace Narrative (Details), Commitments And Contingencies - Contingencies (Details), Description Of Business And Summary Of Significant Accounting Policies, Description Of Business And Summary Of Significant Accounting Policies (Policies), Description Of Business And Summary Of Significant Accounting Policies (Tables), Description Of Business And Summary Of Significant Accounting Policies - Narrative (Details), Description Of Business And Summary Of Significant Accounting Policies - Restricted Cash And Cash Equivalents (Details), Description Of Business And Summary Of Significant Accounting Policies - Useful Lives Of Property And Equipment, Net (Details), Divestitures - Gain On Disposition (Details), Equity Method Investments - Basis Difference (Details), Equity Method Investments - Carrying Value (Details), Equity Method Investments - Narrative (Details), Goodwill And Intangible Assets - Goodwill (Details), Goodwill And Intangible Assets - Impairment (Details), Goodwill And Intangible Assets - Intangible Assets (Details), Goodwill And Intangible Assets - Narrative (Details), Income Taxes - Deferred Tax Assets And Liabilities (Details), Income Taxes - Provisions For Income Taxes (Details), Income Taxes - Summary Of Income (Loss) (Details), Income Taxes - Tax Rate Reconciliation (Details), Income Taxes - Unrecognized Tax Benefits (Details), Investments And Fair Value Measurement (Tables), Investments And Fair Value Measurement - Allowance For Credit Losses (Details), Investments And Fair Value Measurement - Change In Equity Securities (Details), Investments And Fair Value Measurement - Fair Value Of Unobservable Inputs (Details), Investments And Fair Value Measurement - Fair Value On A Recurring Basis (Details), Investments And Fair Value Measurement - Investments (Details), Investments And Fair Value Measurement - Narrative (Details), Investments And Fair Value Measurement - Summarized Financial Information (Details), Investments And Fair Value Measurement - Summary Of Amortized Cost, Unrealized Gains And Losses Of Financial Assets (Details), Investments And Fair Value Measurement - Summary Of Unobservable Inputs (Details), Investments And Fair Value Measurement - Unrealized Gain (Loss) On Non-Marketable Securities (Details), Leases - Additional Lease Information (Details), Leases - Maturity Of Lease Liabilities (Details), Leases - Supplemental Balance Sheet Information - Finance Leases (Details), Leases - Supplemental Balance Sheet Information - Operating Leases (Details), Leases - Supplemental Cash Flow Information (Details), Long-Term Debt And Revolving Credit Arrangements, Long-Term Debt And Revolving Credit Arrangements (Tables), Long-Term Debt And Revolving Credit Arrangements - Components Of Debt (Details), Long-Term Debt And Revolving Credit Arrangements - Future Principal Payments (Details), Long-Term Debt And Revolving Credit Arrangements - Interest Expense (Details), Long-Term Debt And Revolving Credit Arrangements - Narrative (Details), Long-Term Debt And Revolving Credit Arrangements - Schedule Of Carrying Values And Estimated Fair Values Of Debt Instruments (Details), Net Income (Loss) Per Share - Antidilutive Securities (Details), Net Income (Loss) Per Share - Computation (Details), Property And Equipment, Net - Narrative (Details), Property And Equipment, Net - Schedule Of Components (Details), Restructuring And Related Charges (Tables), Restructuring And Related Charges - Cost By Segment And Function (Details), Restructuring And Related Charges - Reserve Rollforward (Details), Revenue - Schedule Of Disaggregation Of Revenue (Details), Revenue - Schedule Of Remaining Performance Obligation (Details), Schedule Ii - Valuation And Qualifying Accounts, Schedule Ii - Valuation And Qualifying Accounts (Details), Segment Information And Geographic Information, Segment Information And Geographic Information (Tables), Segment Information And Geographic Information - Geographic Information (Details), Segment Information And Geographic Information - Summary (Details), Stockholders' Equity - Narrative (Details), Stockholders' Equity - Restricted Stock Units And Restricted Common Stock Activity (Details), Stockholders' Equity - Sar And Option Activity (Details), Stockholders' Equity - Stock-Based Compensation Expense (Details), Stockholders' Equity - Weighted Average Assumptions (Details), Supplemental Financial Statement Information, Supplemental Financial Statement Information (Tables), Supplemental Financial Statement Information - Accrued And Other Current Liabilities (Details), Supplemental Financial Statement Information - Accumulated Other Comprehensive Income (Loss) (Details), Supplemental Financial Statement Information - Other Income (Expense), Net (Details), Supplemental Financial Statement Information - Other Long-Term Liabilities (Details), Supplemental Financial Statement Information - Prepaid Expenses And Other Current Assets (Details), Variable Interest Entities - Narrative (Details), Exhibit 21.1: Subsidaries Of The Registrant, Exhibit 23.1: Consents Of Experts And Counsel, Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification, Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification, https://last10k.com/sec-filings/uber/0001543151-22-000008.htm. "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.". Limitations of Non-GAAPRead more, l measures. The establishment ofRead more, Uber Technologies, Inc provided additional information to their SEC Filing as exhibits, Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not, Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news, Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q, Remove data columns and navigations in order to see much more filing content and tables in one view, Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q, Export Annual and Quarterly Reports to Adobe Acrobat (PDF), Microsoft Word (DOCX), Excel (XLSX) and Comma-Delimited (CSV) files for offline viewing, annotations and analysis, Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity, See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years, Use our calculated cost dollar values to discover when and how much registered owners BUY, SELL or excercise their company stock OPTIONS aggregated from Form 4 Insider Transactions SEC Filings, View which hedge funds, pension / retirement funds, endowments, banks and insurance companies have increased or decreased their positions in a particular stock. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. A breakdown of this analysis is referenced in our 2022 ESG Report. 2023 CNBC LLC. (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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Ten years of annual and quarterly financial statements and annual report data for Uber Technologies (UBER). 2018 ANNUAL REPORT MISSION The Forum on Cyber Resilience, established by the National Academies of Sciences, Engineering, and Medicine in 2015, facilitates and encourages the exchange of ideas among scientists, practitioners, and decision-makers concerned with the resilience of computing and communications systems, including the Limitations ofRead more, nancial measures. Our Board of Directors is committed to best-in-class corporate governance and firmly believes that we must be transparent with, and accountable to, our stockholders with respect to our culture, governance, and corporate responsibility. Across the globe, Uber has been part of building back better amid a new normal. At Uber, we believe that sustainability is integral to the success of our business. Our first Safety Report covered the years 2017 and 2018. They welcome people from all backgrounds who seek the opportunity to help build a future where everyone and everything can . A Division of NBCUniversal. View the latest UBER financial statements, income statements and financial ratios. As part of our commitment to transparency and our aim to reach for the highest standards on climate-emissions accounting, planning, and disclosure, we conducted an analysis aligned to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Uber 2018 Annual Reports - Annual Report on Providing Accessible Vehicles Field Confidential or Public Month & Year Public Total # of Requested Rides (all types) (1) Public Any of these events could negatively impact our business, result of operations, financial position, and cash flows. GAAP losses in 2017 were $4.5 billion. If you experience any issues with this process, please contact us for further assistance.