Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
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Uber Technologies Inc. pages available for free this week:
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Net Profit Margin since 2019
- Operating Profit Margin since 2019
- Return on Assets (ROA) since 2019
- Debt to Equity since 2019
- Price to Book Value (P/BV) since 2019
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Uber Technologies Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 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).
The total asset base of the organization has experienced substantial growth from March 31, 2021, through March 31, 2026, increasing from 34.6 billion USD to 59.8 billion USD. This expansion is characterized by a significant shift in the composition of assets, with a pronounced increase in non-current assets and a strategic accumulation of liquidity and tax-related assets in the later periods.
- Current Asset Trends
- Current assets exhibited a general upward trajectory, rising from 8.2 billion USD in early 2021 to 12.8 billion USD by March 2026. A primary driver of this growth was the steady increase in accounts receivable, which climbed from 1.07 billion USD to 3.89 billion USD over the analyzed period, suggesting an increase in business volume or changes in credit terms. Cash and cash equivalents showed volatility, peaking at 8.4 billion USD in September 2025 before moderating to 5.5 billion USD by March 2026. Short-term investments remained minimal until 2024, where they reached a peak of 2.9 billion USD in June 2024, indicating a tactical shift in treasury management.
- Non-Current Asset Expansion
- Non-current assets saw the most dramatic increase, moving from 26.3 billion USD to 47.0 billion USD. This was largely propelled by two factors: the emergence of significant deferred tax assets and the growth of restricted investments. Deferred tax assets were not recorded until December 2024, at which point they appeared at 6.1 billion USD and subsequently grew to 10.8 billion USD by March 2026. Additionally, restricted investments grew aggressively from 1.6 billion USD in late 2022 to 9.0 billion USD by March 2026, reflecting a substantial allocation of capital to restricted instruments.
- Investments and Intangibles
- The portfolio of general investments was highly volatile, dropping from 11.7 billion USD in March 2021 to a low of 3.6 billion USD in September 2022, before recovering to peak at 10.3 billion USD in September 2025. Goodwill remained relatively stable throughout the period, maintaining a range between 6.3 billion USD and 8.9 billion USD, indicating that inorganic growth through acquisitions remained a constant but steady component of the asset base. Conversely, intangible assets and property and equipment showed a gradual decline or stagnation in the later years, suggesting a shift away from heavy capital expenditure in physical or acquired intangible assets toward financial assets.
- Liquidity and Risk Indicators
- The organization's liquidity profile evolved from a reliance on immediate cash to a more diversified mix of cash, short-term investments, and a growing volume of receivables. The substantial increase in restricted cash and restricted investments suggests a growing portion of the asset base is tied to contractual or regulatory obligations, reducing the overall flexibility of the total asset pool despite the increase in total nominal value.