Uber Technologies (UBER) FY2021 results: revenue $17.5 billion, up 56.7% on the year
Uber Technologies, Inc. (UBER) reported revenue of $17.5 billion for fiscal 2021, the year ended 31 December 2021, up 56.7% on the year before. Net income was -$496 million, and diluted earnings per share $-0.29. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$17.5 billion
+56.7% on the year
FY2017FY2021
Operating margin
-22.0%
-43.7% a year earlier
FY2017FY2021
Net income
-$496 million
FY2017FY2021
Diluted EPS
-$0.29
FY2017FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
-445
-2,745
-4,321
Capital expenditure
298
616
588
-51.6%
Free cash flow
-743
-3,361
-4,909
Free cash flow margin
-4.3%
-30.2%
-37.8%
Cash from investing
-1,201
-2,869
-790
Cash from financing
1,780
1,379
8,939
+29.1%
Depreciation and amortisation
902
575
472
+56.9%
Share-based compensation
1,168
827
4,596
+41.2%
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
1,896m
1,753m
1,248m
+8.1%
Shares outstanding at period end
1,949m
1,850m
1,717m
+5.4%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
14,458
12,266
14,190
+17.9%
Non-controlling interest
687
701
682
-2.0%
Redeemable equity
204
787
0.0
-74.1%
Debt
9,388
7,914
5,791
+18.6%
Operating lease liabilities
1,644
1,544
1,523
+6.5%
Finance lease liabilities
43.0
120
143
-64.2%
Other liabilities
12,350
9,920
9,432
+24.5%
Total liabilities and equity
38,774
33,252
31,761
+16.6%
Fixed assets
1,853
1,814
1,731
+2.1%
Goodwill
8,420
6,109
167
+37.8%
Intangible assets
2,412
1,564
71.0
+54.2%
Investments
0.0
1,180
440
Cash and equivalents
4,295
5,647
10,873
-23.9%
Receivables
2,439
1,073
1,214
+127.3%
Other assets
19,355
15,865
17,265
+22.0%
Total assets
38,774
33,252
31,761
+16.6%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.