Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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Uber Technologies Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Cash and cash equivalents
Short-term investments
Restricted cash and cash equivalents
Accounts receivable, net of allowance
Prepaid expenses and other current assets
Assets held for sale
Current assets
Restricted cash and cash equivalents
Restricted investments
Collateral held by insurer
Investments
Equity method investments
Property and equipment, net
Operating lease right-of-use assets
Intangible assets, net
Goodwill
Deferred tax assets
Other assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets exhibited an overall declining trend from early 2020 through mid-2025. Initially constituting over 27% of total assets in March 2020, this share diminished to a low near 9.72% by the second quarter of 2025, with some fluctuations and intermittent rises during the periods in between.
Short-Term Investments
This category displayed variability, peaking at about 6.18% of total assets in mid-2024, a marked increase relative to the prior years where the values hovered mostly under 4%. The presence of some missing data in the earlier quarters limits precise interpretation, but the later upward shift suggests an increased allocation toward liquid or near-liquid investment instruments during 2023 and 2024.
Restricted Cash and Cash Equivalents
The share of restricted cash and cash equivalents in total assets gradually rose from 0.64% in early 2020 to a peak around 2.76% by the end of 2022, before experiencing a general downward movement into 2024 and 2025, ending near 0.75%. This pattern indicates variation in funds reserved for specific uses or subject to restrictions over time.
Accounts Receivable, Net
Accounts receivable as a percentage of total assets increased markedly from around 2.27% in early 2020 to a high exceeding 9% between late 2023 and mid-2024. This escalation points to a growing volume of credit extended to customers or a build-up of outstanding receivables, followed by a moderate contraction in late 2024 and 2025.
Prepaid Expenses and Other Current Assets
This segment remained relatively stable, ranging mostly between 3% and 5% of total assets throughout the period, with minor fluctuations but no distinctive trend either upward or downward, reflecting consistent management of prepaid and miscellaneous current assets.
Current Assets
Current assets as a share of total assets showed a general decline, dropping from nearly 37% in 2020 to approximately 24% by mid-2025. The intervening period was marked by fluctuations, including a temporary rise in early 2023, indicating periodic adjustments in short-term asset composition or liquidity strategy.
Restricted Cash and Investments (Combined)
The combined restricted assets, including restricted cash and restricted investments, showed growth particularly after 2022, with restricted investments rising significantly from negligible in early periods to around 14% by 2024-2025. This suggests an increasing emphasis on securing assets within restricted categories, possibly for regulatory, contractual, or strategic purposes.
Investments
The investment portfolio as a proportion of total assets generally declined from over 31% in mid-2020 to levels near 14-17% in 2024 and 2025, showing a major reduction primarily during the 2021 to 2022 timeframe. This decrease might reflect divestment, portfolio rebalancing, or shifts toward other asset classes.
Equity Method Investments
These investments steadily decreased over time from about 4.3% in early 2020 to under 1% in the most recent quarters, indicating a diminishing reliance on associates or joint ventures accounted for under the equity method.
Property and Equipment, Net
The portion of net property and equipment remained relatively stable but gradually declined from over 6% in early 2020 to around 3% by mid-2025, suggesting either disposals, depreciation outpacing acquisitions, or a strategic shift away from fixed physical assets.
Operating Lease Right-of-Use Assets
This asset class experienced a gradual decline, decreasing from a peak of about 5.28% of total assets in early 2020 to below 2% by mid-2025. The decline reflects reduced lease liabilities or expirations of lease terms over the observed period.
Intangible Assets, Net
Intangible assets saw an increase up to late 2020, rising above 6%, but subsequently trended downwards to approximately 1.7% by mid-2025. This decrease could be related to amortization, impairment, or changes in acquisition activity.
Goodwill
Goodwill as a share of total assets expanded rapidly between 2020 and 2022, reaching a peak close to 27%, and then steadily decreased to around 14% by mid-2025. This movement suggests significant acquisitions earlier followed by impairment charges, disposals, or asset reclassifications in later years.
Deferred Tax Assets
Deferred tax assets appeared only in the final years with a notable rise, reaching nearly 17% in late 2025, indicating changes in tax planning strategies or recognition of deferred tax benefits not recorded in earlier periods.
Other Assets
Other assets increased gradually from under 1% of total assets in early 2020 to around 5% by mid-2025, signaling diversification in asset composition or recognition of previously unreported asset types.
Non-Current Assets
The proportion of non-current assets to total assets generally increased from about 63% in early 2020 to stabilize near 75% by the period's end, reflecting an increasing focus on long-term asset holdings relative to current assets.