Uber Technologies (UBER) Gross Margin (2018 - 2026)
Uber Technologies' Gross Margin was 44.93% in Q2 2026, up 5.09 percentage points from 39.84% a year earlier but down 0.10 percentage points from the prior quarter.
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Analysis
Uber Technologies (UBER) Gross Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Uber Technologies' Gross Margin was 42.31% through Jun 30, 2026, up 2.61 percentage points year-over-year; for FY2025, it was 39.75%, up 0.36 percentage points from FY2024.
- Gross Margin shows a five-year change of -13.98 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 39.40% in FY2024 (-0.36 pp), 39.76% in FY2023 (+1.43 pp), 38.33% in FY2022 (-8.10 pp) and 46.43% in FY2021 (-7.30 pp).
- Quarterly Gross Margin has moved between 36.17% (Q2 2022) and 49.68% (Q3 2021) over five years.
- Compared with a year earlier, Gross Margin has increased for eight straight quarters, with an average year-over-year change of +1.54 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q1 2026 (a gain of 5.18 percentage points); the worst was Q3 2022 (a drop of 11.68 percentage points).
- Per Business Quant data, UBER's Gross Margin in the three quarters before Q2 2026 was 45.03% (Q1 2026), 39.57% (Q4 2025) and 39.79% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | - |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | 57.06% |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | 33.41% |
| 10 | Airbnb | 103.26 Bn | 56.49 Bn | 2.98 Bn | 82.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.93% |
| Mar 31, 2026 | 45.03% |
| Dec 31, 2025 | 39.57% |
| Sep 30, 2025 | 39.79% |
| Jun 30, 2025 | 39.84% |
| Mar 31, 2025 | 39.85% |
| Dec 31, 2024 | 39.51% |
| Sep 30, 2024 | 39.57% |
| Jun 30, 2024 | 39.36% |
| Mar 31, 2024 | 39.12% |
| Dec 31, 2023 | 39.04% |
| Sep 30, 2023 | 39.45% |
| Jun 30, 2023 | 40.25% |
| Mar 31, 2023 | 40.39% |
| Dec 31, 2022 | 38.34% |
| Sep 30, 2022 | 38.00% |
| Jun 30, 2022 | 36.17% |
| Mar 31, 2022 | 41.26% |
| Dec 31, 2021 | 46.28% |
| Sep 30, 2021 | 49.68% |
API Access
Uber Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=UBER&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "UBER", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=UBER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();