Analysis of Revenues
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- Cash Flow Statement
- Common-Size Income Statement
- Analysis of Profitability Ratios
- Analysis of Reportable Segments
- Analysis of Geographic Areas
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Return on Equity (ROE) since 2019
- Price to Book Value (P/BV) since 2019
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Revenues as Reported
Uber Technologies Inc., income statement, revenues
US$ in millions
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
Revenue demonstrates a consistent upward trajectory between 2021 and 2025. Growth is observed across all reported geographic segments, with varying rates of increase. The overall revenue figure nearly triples over the five-year period, increasing from US$17.455 billion in 2021 to US$52.017 billion in 2025.
- United States and Canada (US&CAN)
- This segment represents the largest contributor to overall revenue. Revenue from US&CAN increased significantly from US$10.094 billion in 2021 to US$19.474 billion in 2022, representing substantial growth. While growth continued in subsequent years, the rate of increase moderated to US$20.436 billion in 2023, US$23.618 billion in 2024, and US$26.469 billion in 2025. The segment maintains its position as the primary revenue driver, but the percentage contribution to total revenue appears to be decreasing as other segments grow at faster rates.
- Latin America (LatAm)
- LatAm exhibits the highest percentage growth rate among the reported segments. Revenue increased from US$1.417 billion in 2021 to US$3.327 billion in 2025. While starting from a smaller base, the region demonstrates consistent and robust expansion, with growth accelerating in later years. The increase from 2024 to 2025 is notably higher than previous periods.
- Europe, Middle East and Africa (EMEA)
- EMEA shows strong revenue growth, more than tripling from US$3.213 billion in 2021 to US$16.364 billion in 2025. The growth rate is particularly pronounced between 2022 and 2023, and continues at a substantial pace through 2025. This segment is becoming an increasingly significant contributor to overall revenue.
- Asia Pacific (APAC)
- APAC demonstrates steady, though comparatively moderate, revenue growth. Revenue increased from US$2.731 billion in 2021 to US$5.857 billion in 2025. The growth rate is consistent across the period, indicating stable expansion within the region. While growth is present, it is less dramatic than that observed in LatAm or EMEA.
- Overall Growth Patterns
- The period between 2021 and 2022 shows the most significant overall revenue increase. While growth continues in subsequent years, the rate of expansion slows slightly. The diversification of revenue streams is evident, as the relative contribution of US&CAN decreases while other regions experience faster growth. LatAm and EMEA are emerging as key growth markets, demonstrating substantial increases in revenue contribution.