Uber Technologies (UBER) FY2024 results: revenue $44.0 billion, up 18.0% on the year
Uber Technologies, Inc. (UBER) reported revenue of $44.0 billion for fiscal 2024, the year ended 31 December 2024, up 18.0% on the year before. Net income was $9.9 billion, up 422.3%, and diluted earnings per share $4.56. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.
Revenue
$44.0 billion
+18.0% on the year
FY2017FY2024
Operating margin
6.4%
3.0% a year earlier
FY2017FY2024
Net income
$9.9 billion
+422.3% on the year
FY2017FY2024
Diluted EPS
$4.56
+424.1% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
7,137
3,585
642
+99.1%
Capital expenditure
242
223
252
+8.5%
Free cash flow
6,895
3,362
390
+105.1%
Free cash flow margin
15.7%
9.0%
1.2%
Cash from investing
-3,177
-3,226
-1,637
Cash from financing
-2,087
-95.0
15.0
Depreciation and amortisation
711
823
947
-13.6%
Share-based compensation
1,796
1,935
1,793
-7.2%
Buybacks
1,252
0.0
0.0
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
2,151m
2,092m
1,975m
+2.8%
Shares outstanding at period end
2,108m
2,071m
2,005m
+1.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
21,558
11,249
7,340
+91.6%
Non-controlling interest
825
779
734
+5.9%
Redeemable equity
93.0
654
430
-85.8%
Debt
9,575
9,560
9,361
+0.2%
Operating lease liabilities
1,454
1,550
1,673
-6.2%
Finance lease liabilities
174
322
284
-46.0%
Other liabilities
17,565
14,585
12,287
+20.4%
Total liabilities and equity
51,244
38,699
32,109
+32.4%
Fixed assets
n/a
2,073
2,082
Goodwill
8,066
8,151
8,263
-1.0%
Intangible assets
1,125
1,425
1,874
-21.1%
Investments
1,084
727
103
+49.1%
Cash and equivalents
5,893
4,680
4,208
+25.9%
Receivables
3,333
3,404
2,779
-2.1%
Other assets
31,743
18,239
12,800
+74.0%
Total assets
51,244
38,699
32,109
+32.4%
10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.