# Uber Technologies, Inc (UBER)

> Runs apps for rides, local deliveries and freight shipments, connecting customers with drivers, businesses and carriers.

- Exchange: NYSE · Sector: Technology · Industry: Software Application
- Headquarters: San Francisco, California
- Founded: 2009
- Employees: Approximately 34,000
- SEC CIK: 0001543151 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001543151))
- Full page: https://inspectstocks.com/stocks/uber
- Data as of: price 2026-09-28; newest filing used 2026-08-05; latest fiscal period ended 2026-06-30

## Grade

**A+** on the growth-and-cash rubric, 5 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Revenue growing overall | passed | $55.2B | $35B |
| Revenue growing recently | passed | $55.2B | $52B |
| Free cash flow positive | passed | $10.1B |  |
| Free cash flow growing overall | passed | $10.1B | $1.7B |
| Free cash flow growing recently | passed | $10.1B | $9.8B |

Business quality (the + / − mark): 5 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 17.3% |  |
| Healthy profit margin | passed | 17.3% |  |
| Strong operating margin | failed | 12.1% |  |
| Good return on equity | passed | 35.4% |  |
| Debt under control | passed | 0.45 |  |
| Turns sales into cash | passed | 18.3% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $55.2B |
| Net income, trailing twelve months | $9.6B |
| Free cash flow, trailing twelve months | $10.1B |
| Net margin | 17.3% |
| Operating margin | 12.1% |
| Return on equity | 35.4% |
| Debt to equity | 0.45 |
| Diluted EPS, trailing twelve months | $4.57 |
| Share price | $68.20 |
| Market value | $139.3B |
| Price / earnings | 14.9x |
| Price / sales | 2.5x |

## What the business does

Uber connects people seeking rides with drivers, and connects people ordering meals, groceries and other goods with local businesses and couriers. Its freight business connects companies shipping goods with carriers and provides shipment booking and tracking tools. In the second quarter of 2026, it reported 3.9 billion completed rides and delivery orders (three months ended June 30, 2026, high confidence) and $58.0 billion in Gross Bookings, the total value of rides, orders and freight activity before Uber’s revenue share (three months ended June 30, 2026, high confidence). Uber is also working with vehicle and technology companies on services using self-driving vehicles.

### How it makes money

- **Mobility: rides and other local transportation** (57.6% of segment revenue) — Uber generally earns fees for connecting riders and drivers; in some markets it records the full customer payment as revenue and records driver payments as costs. This segment also includes advertising and financial-partnership products.
- **Delivery: meals, groceries and other local goods** (32.4% of segment revenue) — Uber generally earns fees connected with orders placed through Uber Eats and delivery services, including Uber Direct. The segment also earns advertising revenue.
- **Freight: shipment booking and logistics services** (10.0% of segment revenue) — Uber connects shippers with carriers and earns revenue from freight and logistics services. In most markets, Uber records the shipper payment as revenue and carrier payments as costs.

### Products

- **Uber rides** — The app lets people request rides from drivers and, in some places, find options such as taxis, car rentals, bikes, scooters and public transport.
- **Uber Eats** — An app for ordering meals, groceries, alcohol, convenience items and other goods for delivery or pickup.
- **Uber Direct** — A delivery service that lets retailers and restaurants arrange deliveries for orders made through their own sales channels.
- **Uber Freight** — A service that helps businesses arrange shipments with carriers, including booking, pricing and shipment tracking.
- **Uber One** — A paid membership with benefits across rides, food delivery, groceries and retail orders.
- **Uber advertising** — Advertising services that let brands and merchants place ads in Uber and Uber Eats apps and around the ride or ordering experience.

### Customers

- People requesting rides through the Uber app; they pay for rides through the app, subject to local payment options.
- People ordering meals, groceries and other goods through Uber Eats; they pay for orders in the app or choose pickup where available.
- Drivers and couriers who use Uber’s apps to find work; the company says it generally earns platform fees from drivers and merchants.
- Restaurants, grocers and other retailers that receive orders through Uber Eats or arrange deliveries through Uber Direct; merchants pay fees for use of the service.
- Businesses shipping goods that use Uber Freight to arrange and track transportation.
- Brands and merchants that pay for advertising placements and campaign reporting through Uber’s advertising services.

### Competitors

- Lyft, Inc. (LYFT) — Ride-hailing services for riders and drivers.
- DoorDash, Inc. (DASH) — Restaurant, grocery and other local delivery services.
- Amazon.com, Inc. (AMZN) — Food, grocery and other delivery services.
- Maplebear Inc. (Instacart) (CART) — Grocery delivery services.
- C.H. Robinson Worldwide, Inc. (CHRW) — Freight brokerage and managed transportation services.

### What it depends on

- The services depend on enough drivers, couriers, merchants, shippers and carriers participating in each local market for customers to find rides, orders and shipment capacity.
- Uber’s operating model depends on drivers and couriers being treated as independent providers in many places; worker-classification laws and decisions can change its costs and how the services operate.
- The business depends on mobile apps, internet and payment services, and third-party technology providers, including providers that host parts of its platform.
- Local transportation, employment, food and alcohol, privacy, payment and competition rules affect where and how Uber can operate.

### What could go wrong

- If drivers are legally treated as employees or another worker category rather than independent contractors, Uber may face higher pay, benefits, tax and other costs; the latest quarterly report also describes ongoing legal and government challenges to driver classification.
- Ride, delivery and freight services compete with established companies and alternatives such as personal vehicles, taxis, public transport and merchants’ own delivery. Uber says it may use lower prices, driver incentives and customer discounts to compete, and may have difficulty attracting or retaining enough participants in its marketplaces.
- Rules for transportation, worker status, payments, privacy and competition differ across jurisdictions and can change. Restrictions, required licenses, investigations or changes to how Uber may price or operate could disrupt services or add costs.

## More on this company

- [Overview](https://inspectstocks.com/stocks/uber)
- [Financial statements](https://inspectstocks.com/stocks/uber/financials)
- [Competitors](https://inspectstocks.com/stocks/uber/peers)
- [Earnings](https://inspectstocks.com/stocks/uber/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.