UBER · Uber Technologies, Inc
10-Q filed 2026-05-06 period 2026-03-31
82 Strong
confidence High · source filing on SEC.gov ↗
- Strong operating performance with operating income rising 57% YoY to $1.92 billion, despite a $1.0 billion negative revenue impact from UK business model changes.
- Net income fell 85% YoY to $263 million due to a $1.5 billion pre-tax unrealized loss on equity investments, primarily Grab and Didi.
- Active capital allocation including $3.0 billion in share repurchases during the quarter and the post-quarter acquisition of SpotHero for $600 million.
Filing Health Score pillars
Profitability 25%
85
Revenue grew 14% YoY to $13.2 billion, and operating income increased 57% to $1.9 billion, demonstrating strong operating leverage with operating margin expanding from 11% to 15% (Item 2 - Financial and Operational Highlights).
Balance sheet 20%
78
Unrestricted cash and short-term investments stand at $6.1 billion against long-term debt of $10.5 billion, while the current ratio is stable at 1.07 and share count decreased by ~1.5% due to $3.0 billion in stock repurchases (Item 1 - Condensed Consolidated Balance Sheets).
Cash generation 20%
92
Operating cash flow of $2.35 billion significantly exceeded net income of $263 million due to non-cash investment losses, and free cash flow reached $2.29 billion with very low capex intensity of $65 million (Item 2 - Reconciliations of Non-GAAP Financial Measures).
Risk flags 20%
70
While there are no going-concern issues, the company faces persistent legal and regulatory risks regarding driver classification globally and experienced a $1.5 billion unrealized loss on its equity investments in Grab and Didi (Item 1A - Risk Factors, Item 2 - Highlights).
Mgmt signal 15%
85
Management demonstrates strong execution with segment operating income up 28% in Mobility and 43% in Delivery, alongside active capital deployment via the SpotHero acquisition and pending Getir and Blacklane deals (Item 2 - Highlights, Note 1 - Pending Acquisitions).
Key metrics (Three Months Ended March 31, 2026)
net income: $263 million
cash and equivalents: $5,558 million
total debt: $10,514 million
shares outstanding: 2,036,424 thousand
revenue: $13,203 million
period: Three Months Ended March 31, 2026
operating cash flow: $2,351 million
Gemma triage notes (pre-analysis, second opinion)
None for this filing.Automated research summaries derived from SEC filings. Not investment advice.