Uber Technologies (UBER) Operating Expenses (2018 - 2026)

Uber Technologies (UBER) posted Operating Expenses of $11.3 billion for Q1 2026, down 10.42% sequentially from $12.6 billion in Q4 2025, and up 9.46% YoY from $10.3 billion in Q1 2025.

Uber Technologies (UBER) Operating Expenses (2018 - 2026) Analysis & Trends

Uber Technologies has reported Operating Expenses for 9 years, with the latest figure at $11.3 billion in Q1 2026.

  • Quarterly Operating Expenses rose 9.46% year-over-year to $11.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $47.4 billion (up 14.21% YoY) and the FY2025 annual result came in at $46.5 billion, up 12.81% from the prior year.
  • Operating Expenses retreated to $11.3 billion in Q1 2026 per UBER's latest filing, from $12.6 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $12.6 billion in Q4 2025 and troughed at $7.3 billion in Q1 2022.
  • A 5-year average of $9.9 billion and a median of $9.9 billion in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 71.7% in 2022, then climbed 0.68% in 2023.
  • Over 5 years, Operating Expenses stood at $8.7 billion in 2022, then climbed by 6.11% to $9.3 billion in 2023, then gained by 20.52% to $11.2 billion in 2024, then rose by 12.54% to $12.6 billion in 2025, then fell by 10.42% to $11.3 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $11.3 billion, $12.6 billion, and $12.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -16.33 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.22 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 12.30 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 2.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 1.25 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 4.34 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 3.67 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.54 Bn
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn 875.89 Mn

Historic Data

Download Data
DateValue
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