Uber Technologies (UBER) FY2022 results: revenue $31.9 billion, up 82.6% on the year
Uber Technologies, Inc. (UBER) reported revenue of $31.9 billion for fiscal 2022, the year ended 31 December 2022, up 82.6% on the year before. Net income was -$9.1 billion, and diluted earnings per share $-4.65. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2023.
Revenue
$31.9 billion
+82.6% on the year
FY2017FY2022
Operating margin
-5.7%
-22.0% a year earlier
FY2017FY2022
Net income
-$9.1 billion
FY2017FY2022
Diluted EPS
-$4.65
FY2017FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
642
-445
-2,745
Capital expenditure
252
298
616
-15.4%
Free cash flow
390
-743
-3,361
Free cash flow margin
1.2%
-4.3%
-30.2%
Cash from investing
-1,637
-1,201
-2,869
Cash from financing
15.0
1,780
1,379
-99.2%
Depreciation and amortisation
947
902
575
+5.0%
Share-based compensation
1,793
1,168
827
+53.5%
Buybacks
0.0
n/a
n/a
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
1,975m
1,896m
1,753m
+4.2%
Shares outstanding at period end
2,005m
1,949m
1,850m
+2.9%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
7,340
14,458
12,266
-49.2%
Non-controlling interest
734
687
701
+6.8%
Redeemable equity
430
204
787
+110.8%
Debt
9,361
9,388
7,914
-0.3%
Operating lease liabilities
1,673
1,644
1,544
+1.8%
Finance lease liabilities
284
43.0
120
+560.5%
Other liabilities
12,287
12,350
9,920
-0.5%
Total liabilities and equity
32,109
38,774
33,252
-17.2%
Fixed assets
2,082
1,853
1,814
+12.4%
Goodwill
8,263
8,420
6,109
-1.9%
Intangible assets
1,874
2,412
1,564
-22.3%
Investments
103
0.0
1,180
Cash and equivalents
4,208
4,295
5,647
-2.0%
Receivables
2,779
2,439
1,073
+13.9%
Other assets
12,800
19,355
15,865
-33.9%
Total assets
32,109
38,774
33,252
-17.2%
10-K for the year ended 31 December 2022, filed 21 February 2023: the filing.