Uber Technologies (UBER) Asset Writedowns and Impairment (2018 - 2024)
Uber Technologies (UBER) posted Asset Writedowns and Impairment of $14.0 million for Q4 2024, up 16.67% sequentially from $12.0 million in Q3 2024, and down 51.72% YoY from $29.0 million in Q1 2024.
Uber Technologies (UBER) Asset Writedowns and Impairment (2018 - 2024) Analysis & Trends
Uber Technologies has reported Asset Writedowns and Impairment for 7 years, with the latest figure at $14.0 million in Q4 2024.
- Quarterly Asset Writedowns and Impairment fell 51.72% year-over-year to $14.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $61.0 million (down 33.7% YoY) and the FY2024 annual result came in at $61.0 million, down 33.7% from the prior year.
- Asset Writedowns and Impairment improved to $14.0 million in Q4 2024 per UBER's latest filing, from $12.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $193.0 million in Q1 2020 and troughed at -$1.7 billion in Q4 2020.
- A 5-year average of -$64.7 million and a median of $23.0 million in 2021 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2020 and 2022: Asset Writedowns and Impairment plunged 13100.0% in 2020, then surged 691.3% in 2022.
- Over 5 years, Asset Writedowns and Impairment stood at -$1.7 billion in 2020, then surged by 101.36% to $23.0 million in 2021, then jumped by 360.87% to $106.0 million in 2022, then sank by 72.64% to $29.0 million in 2023, then slumped by 51.72% to $14.0 million in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $14.0 million, $12.0 million, and $9.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 14.00 Mn |
| Dec 31, 2024 | 14.00 Mn |
| Sep 30, 2024 | 12.00 Mn |
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Mar 31, 2024 | 26.00 Mn |
| Mar 31, 2024 | 26.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 24.00 Mn |
| Jun 30, 2023 | 24.00 Mn |
| Mar 31, 2023 | 20.00 Mn |
| Mar 31, 2023 | 20.00 Mn |
| Dec 31, 2022 | 106.00 Mn |
| Dec 31, 2022 | 106.00 Mn |
| Mar 31, 2022 | 182.00 Mn |
| Mar 31, 2022 | 182.00 Mn |