Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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

US$ in millions

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
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: 2025-09-30), 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).


Accounts Payable
The accounts payable balance exhibited fluctuations over the observed periods, initially increasing from 215 million USD in early 2020 to as high as 860 million USD at the end of 2021. After this peak, the balance showed some variations but maintained an overall upward trend, reaching 1,119 million USD in the third quarter of 2025, indicating a growing obligation to suppliers or vendors over time.
Short-term Insurance Reserves
This liability increased steadily from 1,073 million USD in the first quarter of 2020 to 3,268 million USD by the third quarter of 2025. The consistent rise suggests expanding insurance coverage or increased reserves set aside to cover short-term insurance-related obligations, reflecting possibly higher risk management activities or contract growth.
Operating Lease Liabilities, Current
Current operating lease liabilities remained relatively stable, fluctuating modestly around the 170-210 million USD range across the timeline, with no significant upward or downward trend, indicating stable lease commitments in the near term.
Accrued and Other Current Liabilities
These liabilities experienced significant volatility but an overall upward tendency. Starting at approximately 5,138 million USD in early 2020, a decline was observed mid-2020, followed by recovery and growth, reaching 8,571 million USD by the third quarter of 2025. This could reflect increasing operational activities or accruals related to business growth.
Current Liabilities
Total current liabilities showed a steady increase from 6,631 million USD in quarter one of 2020 to 13,121 million USD by the third quarter of 2025, highlighting an expansion in short-term obligations that could be related to operational scaling or increased working capital requirements.
Long-term Insurance Reserves
Long-term insurance reserves rose consistently, from 2,421 million USD in early 2020 to 8,611 million USD in the later periods of 2025, indicating growing long-term insurance obligations or provisions, possibly due to increased insured risks over time.
Long-term Debt, Net of Current Portion
Long-term debt remained relatively stable around a range of approximately 9,200 million to 10,986 million USD with some fluctuations. A notable spike to nearly 11 billion USD occurred around the first quarter of 2024, though this decreased subsequently. Overall, the data suggest moderate leverage levels with some refinancing or debt management activity.
Operating Lease Liabilities, Non-current
Non-current operating lease liabilities remained fairly consistent, fluctuating slightly between 1,412 million and 1,700 million USD across the observed periods without a clear upward or downward long-term trend, indicating steady long-term lease obligations.
Other Long-term Liabilities
These liabilities demonstrated a downward trajectory from 1,498 million USD in early 2020 to lower levels around 400-800 million USD later, suggesting the resolution or reduction of certain long-term obligations.
Non-current Liabilities
Non-current liabilities increased overall, beginning at about 11,141 million USD and reaching over 21,000 million USD by 2025, denoting a growth in long-term financial commitments, including debt, insurance reserves, and lease liabilities.
Total Liabilities
Total liabilities exhibited a rising trend from approximately 17,700 million USD to over 34,000 million USD by late 2025. This reflects expanding obligations concurrent with the company's growth initiatives or financing needs.
Redeemable Non-controlling Interests
This category showed significant volatility, with values fluctuating from 290 million USD in early 2020 to peaks and troughs across the timeline, ending at around 158 million USD in the third quarter of 2025. The variability suggests changes in minority ownership stakes or redeemable interests.
Additional Paid-in Capital
Additional paid-in capital showed a moderate upward trend early on, rising from 31,035 million USD to over 42,000 million USD by late 2021, reflecting capital injections or equity financing. However, from 2023 onward, the balance declined gradually to approximately 39,499 million USD by late 2025, potentially indicating share repurchases or equity dilution effects.
Accumulated Other Comprehensive Income (Loss)
This figure oscillated frequently, with alternating gains and losses throughout the time frame. Values ranged from a negative 644 million USD to a positive 1,168 million USD, reflecting fluctuations in unrealized gains/losses such as foreign currency translation or derivative valuations.
Accumulated Deficit
The accumulated deficit deepened substantially from negative 19,298 million USD to a peak negative level around negative 33,363 million USD in late 2022, before improving significantly to negative 10,935 million USD by the third quarter of 2025. This indicates that cumulative losses initially grew but later reduced, likely due to improved profitability or capital restructuring.
Total Stockholders’ Equity
Total equity fluctuated but displayed a recovery trend from 11,342 million USD in early 2020 to about 28,997 million USD in late 2025. Despite some periods of decline, the overall growth suggests strengthening net asset position, aided by reductions in accumulated deficit and stable equity financing.
Non-redeemable Non-controlling Interests
Non-redeemable non-controlling interests increased gradually from around 686 million USD in 2020 to 863 million USD by 2025, indicating more minority equity interests held by outside parties with no redeemable feature.
Total Liabilities and Equity
Total combined liabilities and equity increased markedly, from approximately 30,090 million USD in early 2020 to over 63,000 million USD by late 2025, reflecting significant growth in the company's overall balance sheet size.