Uber Technologies (UBER) Operating Margin (2018 - 2026)
Uber Technologies (UBER) reported Operating Margin of 14.56% for Q1 2026, up 392.0% on a YoY basis from 2.96% in Q1 2025, and up 17.95% sequentially from 12.35% in Q4 2025.
Uber Technologies (UBER) Operating Margin (2018 - 2026) Analysis & Trends
Uber Technologies (UBER) has 9 years of Operating Margin data on file, last reported at 14.56% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 392.0% year-over-year to 14.56%; the trailing twelve-month figure through Mar 2026 stood at 11.66% (up 317.0% YoY), and the FY2025 full-year result was 10.7%, up 433.0% from the prior year.
- Operating Margin improved to 14.56% in Q1 2026, from 12.35% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 14.56% in Q1 2026 to a low of 20.76% in Q4 2022.
- A 5-year average of 2.79% and a median of 5.34% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 5965 bps in 2022 and sank 122 bps in 2025, its largest moves.
- Tracing UBER's Operating Margin over 5 years: stood at 20.76% in 2022, then surged by 120 bps to 4.24% in 2023, then soared by 52 bps to 6.44% in 2024, then surged by 92 bps to 12.35% in 2025, then advanced by 18 bps to 14.56% in 2026.
- Business Quant data shows UBER's Operating Margin at 14.56% in Q1 2026, 12.35% in Q4 2025, and 8.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.05% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 14.56% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 21.08% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -22.99% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -23.45% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.26% |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 0.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.56% |
| Dec 31, 2025 | 12.35% |
| Sep 30, 2025 | 8.26% |
| Jun 30, 2025 | 11.46% |
| Mar 31, 2025 | 10.65% |
| Dec 31, 2024 | 6.44% |
| Sep 30, 2024 | 9.48% |
| Jun 30, 2024 | 7.44% |
| Mar 31, 2024 | 1.70% |
| Sep 30, 2023 | 4.24% |
| Jun 30, 2023 | 3.53% |
| Mar 31, 2023 | -2.97% |
| Dec 31, 2022 | -20.76% |
| Sep 30, 2022 | -5.93% |
| Jun 30, 2022 | -8.83% |
| Mar 31, 2022 | -7.03% |
| Dec 31, 2021 | -80.41% |
| Sep 30, 2021 | -11.81% |
| Jun 30, 2021 | -30.24% |
| Mar 31, 2021 | -52.50% |