Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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Uber Technologies Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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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
Accounts payable
Short-term insurance reserves
Operating lease liabilities, current
Accrued and other current liabilities
Liabilities held for sale
Current liabilities
Long-term insurance reserves
Long-term debt, net of current portion
Operating lease liabilities, non-current
Other long-term liabilities
Non-current liabilities
Total liabilities
Redeemable non-controlling interests
Common stock, $0.00001 par value
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Total Uber Technologies, Inc. stockholders’ equity
Non-redeemable non-controlling interests
Total equity
Total liabilities, redeemable non-controlling interests and equity

Based on: 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).


Current Liabilities Trends
The proportion of current liabilities relative to total liabilities and equity exhibited a general upward trend between early 2020 and early 2022, increasing from slightly above 22% to peak above 28%. Afterward, this percentage gradually declined, stabilizing in the low-to-mid 20% range through the subsequent quarters up to mid-2025. This indicates an increasing short-term obligation burden through 2021 and subsequent modest reduction.
Accounts Payable
Accounts payable as a percentage of total liabilities and equity remained generally low throughout the periods, starting near 0.7% in Q1 2020 and showing slight volatility with a peak around 2.6% in early 2022. Thereafter, it slightly decreased and stabilized near 1.6-1.8% from 2024 onward, reflecting modest fluctuations in payables relative to overall financing sources.
Short-term and Long-term Insurance Reserves
Short-term insurance reserves relative to total financing exhibited a notable increase from 3.57% in Q1 2020 to over 5.5% by mid-2025, suggesting a growing portion of current liabilities related to insurance obligations. Long-term insurance reserves also showed steady growth, rising from around 8% to over 14% during the same timeframe, indicating an increasing long-term insurance liability component.
Operating Lease Liabilities
Both current and non-current operating lease liabilities showed a declining trend as a percentage of total liabilities and equity. Current operating lease liabilities fell from around 0.68% in Q1 2020 to about 0.31% by the end of 2024. Similarly, non-current operating lease liabilities decreased from approximately 5.05% to under 3% over the analyzed period, which may reflect lease restructurings or changes in lease commitments.
Accrued and Other Current Liabilities
This category demonstrated notable variability but generally increased from approximately 17% in early 2020, peaking near 21% in late 2021 and 2022, before showing a decreasing pattern through 2024 and 2025, settling around 15%. This indicates fluctuations in accrued expenses and other short-term obligations relative to total financing.
Long-term Debt
Long-term debt, net of current portion, maintained a substantial share of total liabilities and equity, rising from about 19% in Q1 2020 to a peak above 29% in mid-2022. Subsequently, it declined steadily to about 17% by mid-2025, indicating a reduction in longer-term borrowing over time.
Other Long-term Liabilities and Non-current Liabilities
Other long-term liabilities steadily decreased from around 5% in 2020 to under 1% by mid-2025, suggesting diminishing other obligations. Total non-current liabilities, encompassing long-term debt, leases, and other liabilities, increased initially from 37% to near 47% by late 2021, then declined to approximately 35% by mid-2025, reflecting an overall reduction in long-term obligations relative to total financing.
Redeemable and Non-redeemable Non-controlling Interests
Redeemable non-controlling interests fluctuated but generally remained under 2% with slight episodes of increase and decrease. Non-redeemable non-controlling interests were relatively stable near 2% in 2020, decreasing gradually to around 1.5% by mid-2025, indicating a modest decline in these equity interests over time.
Equity Composition and Trends
Total equity showed a decline from nearly 40% in early 2020 to a low near 22% in 2022, followed by a recovery toward 43% by the first quarter of 2025. This rebound signals strengthening equity financing in the later periods. Stockholders' equity followed a similar pattern, decreasing sharply through 2022 with accumulated deficits deepening to over 100%, then improving significantly into positive territory by 2025. Additional paid-in capital notably declined over the analyzed period, from over 103% of total financing in 2020 down to around 73% by mid-2025. Accumulated other comprehensive income maintained a slightly negative position throughout, with minor fluctuations.
Accumulated Deficit
The accumulated deficit grew substantially, reaching a peak negative impact exceeding 107% by late 2022, before improving to about -31% by mid-2025. This pattern reflects a period of increased losses or retained deficit followed by recovery and improved profitability or capital adjustments.
Overall Capital Structure
Throughout the observed timeframe, the company's capital structure saw a shift from liability dominance exceeding 70% at the peak to a more balanced structure with growing equity proportions nearing or exceeding 40% by early 2025. This evolution suggests deleveraging and strengthening of equity base as key trends.