Uber Technologies (UBER) Operating Expenses (2018 - 2026)
Uber Technologies' (UBER) quarterly Operating Expenses came in at $12.3 billion in Q2 2026, up 9.82% year-over-year from $11.2 billion in Q2 2025, and up 9.05% quarter-over-quarter from $11.3 billion in Q1 2026.
Analysis
Uber Technologies (UBER) Operating Expenses (2018 - 2026) Analysis & Trends
Uber Technologies has disclosed Operating Expenses across 9 years of filings, most recently posting $12.3 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 9.82% year-over-year to $12.3 billion; the TTM figure through Jun 2026 stood at $48.5 billion (up 13.32% YoY), while the FY2025 annual figure was $46.5 billion, up 12.81% from the prior year.
- Operating Expenses came in at $12.3 billion for Q2 2026 at Uber Technologies, up from $11.3 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $12.6 billion in Q4 2025 to a low of $7.3 billion in Q1 2022.
- Average Operating Expenses over 5 years is $10.1 billion, with a median of $9.9 billion recorded in 2024.
- Year-over-year, Operating Expenses soared 71.7% in 2022 and advanced 0.68% in 2023.
- Over 5 years, Operating Expenses stood at $8.7 billion in 2022, then gained by 6.11% to $9.3 billion in 2023, then increased by 20.52% to $11.2 billion in 2024, then grew by 12.54% to $12.6 billion in 2025, then fell by 2.31% to $12.3 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $12.3 billion in Q2 2026, $11.3 billion in Q1 2026, and $12.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 12.30 Bn |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 4.30 Bn |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | -244.00 Mn |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 1.80 Bn |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | -20.12 Mn |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | -2.49 Mn |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 7.39 Mn |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 54,249.00 |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 5.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.30 Bn |
| Mar 31, 2026 | 11.28 Bn |
| Dec 31, 2025 | 12.59 Bn |
| Sep 30, 2025 | 12.35 Bn |
| Jun 30, 2025 | 11.20 Bn |
| Mar 31, 2025 | 10.31 Bn |
| Dec 31, 2024 | 11.19 Bn |
| Sep 30, 2024 | 10.13 Bn |
| Jun 30, 2024 | 9.90 Bn |
| Mar 31, 2024 | 9.96 Bn |
| Dec 31, 2023 | 9.28 Bn |
| Sep 30, 2023 | 8.90 Bn |
| Jun 30, 2023 | 8.90 Bn |
| Mar 31, 2023 | 9.09 Bn |
| Dec 31, 2022 | 8.75 Bn |
| Sep 30, 2022 | 8.84 Bn |
| Jun 30, 2022 | 8.79 Bn |
| Mar 31, 2022 | 7.34 Bn |
| Dec 31, 2021 | 6.33 Bn |
| Sep 30, 2021 | 5.42 Bn |