Stock Analysis on Net
Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

Common-Size Income Statement

Uber Technologies Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue 100.00 100.00 100.00 100.00 100.00
Cost of revenue, exclusive of depreciation and amortization -60.24 -61.67 -53.57 -46.27 -50.95
Gross profit 39.76% 38.33% 46.43% 53.73% 49.05%
Operations and support -7.21 -7.57 -10.75 -16.33 -16.27
Sales and marketing -11.68 -14.92 -27.44 -32.17 -32.70
Research and development -8.49 -8.78 -11.77 -19.80 -34.18
General and administrative -7.19 -9.84 -13.27 -23.93 -23.32
Depreciation and amortization -2.21 -2.97 -5.17 -5.16 -3.34
Income (loss) from operations 2.98% -5.75% -21.97% -43.66% -60.76%
Interest expense -1.70 -1.77 -2.77 -4.11 -3.95
Interest income 1.30 0.44 0.21 0.49 1.65
Foreign currency exchange gains (losses), net -0.49 -0.46 -0.38 -1.15 -0.28
Gain on business divestitures, net 0.55 0.04 9.65 1.83 0.00
Gain (loss) from sale of investments -0.20 0.00 2.37 0.00 0.00
Unrealized gain (loss) on debt and equity securities, net 4.32 -22.10 6.54 -1.12 0.01
Impairment of debt and equity securities 0.00 0.00 0.00 -15.17 0.00
Impairment of equity method investment 0.00 -0.57 0.00 0.00 0.00
Revaluation of MLU B.V. call option 0.00 0.60 0.00 0.00 0.00
Change in fair value of embedded derivatives 0.00 0.00 0.00 0.00 0.41
Gain on extinguishment of convertible notes and settlement of derivatives 0.00 0.00 0.00 0.00 3.14
Other, net -0.53 0.00 0.48 0.53 0.17
Other income (expense), net 4.95% -22.05% 18.86% -14.59% 5.10%
Income (loss) before income taxes and income (loss) from equity method investments 6.23% -29.57% -5.87% -62.36% -59.61%
(Provision for) benefit from income taxes -0.57 0.57 2.82 1.72 -0.32
Income (loss) from equity method investments 0.13 0.34 -0.21 -0.31 -0.24
Net income (loss) including non-controlling interests 5.78% -28.67% -3.27% -60.94% -60.17%
Net (income) loss attributable to non-controlling interests, net of tax -0.72 -0.01 0.42 0.18 0.04
Net income (loss) attributable to Uber Technologies, Inc. 5.06% -28.68% -2.84% -60.76% -60.13%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Uber Technologies Inc. income (loss) from operations as a percentage of revenue increased from 2021 to 2022 and from 2022 to 2023.
Income (loss) before income taxes and income (loss) from equity method investments Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Uber Technologies Inc. income (loss) before income taxes and income (loss) from equity method investments as a percentage of revenue decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Net income (loss) attributable to Uber Technologies, Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Uber Technologies Inc. net income (loss) attributable to Uber Technologies, Inc. as a percentage of revenue decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.