Uber Technologies (UBER) Operating Margin (2018 - 2026)
Uber Technologies (UBER) posted Operating Margin of 14.56% for Q1 2026, up 17.95% sequentially from 12.35% in Q4 2025, and up 392.0% YoY from 2.96% in Q1 2025.
Uber Technologies (UBER) Operating Margin (2018 - 2026) Analysis & Trends
Uber Technologies has reported Operating Margin for 9 years, with the latest figure at 14.56% in Q1 2026.
- Quarterly Operating Margin rose 392.0% year-over-year to 14.56% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.66% (up 317.0% YoY) and the FY2025 annual result came in at 10.7%, up 433.0% from the prior year.
- Operating Margin improved to 14.56% in Q1 2026 per UBER's latest filing, from 12.35% in the prior quarter.
- Over five years, Operating Margin peaked at 14.56% in Q1 2026 and troughed at 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.
- The sharpest annual moves came in 2022 and 2025: Operating Margin surged 5965 bps in 2022, then tumbled 122 bps in 2025.
- Over 5 years, Operating Margin 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 increased by 18 bps to 14.56% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 14.56%, 12.35%, and 8.26% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 0.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.32% |
| 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% |