Uber Technologies (UBER) Operating Margin (2018 - 2026)
Uber Technologies' (UBER) quarterly Operating Margin came in at 13.32% in Q2 2026, up 186.0% year-over-year from 4.66% in Q2 2025, and down 8.56% quarter-over-quarter from 14.56% in Q1 2026.
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Uber Technologies (UBER) Operating Margin (2018 - 2026) Analysis & Trends
Uber Technologies has disclosed Operating Margin across 9 years of filings, most recently posting 13.32% for Q2 2026.
- In Q2 2026, Operating Margin rose 186.0% year-over-year to 13.32%; the TTM figure through Jun 2026 stood at 12.13% (up 261.0% YoY), while the FY2025 annual figure was 10.7%, up 433.0% from the prior year.
- Operating Margin came in at 13.32% for Q2 2026 at Uber Technologies, down from 14.56% 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.
- Average Operating Margin over 5 years is 3.41%, with a median of 6.44% recorded in 2024.
- Year-over-year, Operating Margin jumped 5965 bps in 2022 and slumped 122 bps in 2025.
- Over 5 years, Operating Margin stood at 20.76% in 2022, then soared by 120 bps to 4.24% in 2023, then jumped by 52 bps to 6.44% in 2024, then soared by 92 bps to 12.35% in 2025, then advanced by 8 bps to 13.32% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 13.32% in Q2 2026, 14.56% in Q1 2026, and 12.35% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 34.00% |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | 24.71% |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | 13.71% |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn | 77.68% |
Historic Data
Download Data
Historic 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% |
| Dec 31, 2023 | 6.56% |
| Sep 30, 2023 | 4.24% |
| Jun 30, 2023 | 3.53% |
| Mar 31, 2023 | -2.97% |
| Dec 31, 2022 | -1.65% |
| Sep 30, 2022 | -5.93% |
| Jun 30, 2022 | -8.83% |
| Mar 31, 2022 | -7.03% |
| Dec 31, 2021 | -9.52% |
| Sep 30, 2021 | -11.81% |
API Access
Uber Technologies Operating 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=operating-margin&ticker=UBER&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=UBER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();