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Uber Technologies reported Q2 2026 revenue of $14,191 million, up from $12,651 million a year earlier, with income from operations rising to $1,890 million. Net income attributable to Uber increased to $2,394 million (diluted EPS $1.17) from $1,355 million (diluted EPS $0.63).
For the first six months of 2026, revenue reached $27,394 million versus $24,184 million in 2025, and income from operations grew to $3,813 million. Net income attributable to Uber was $2,657 million, down from $3,131 million, alongside income tax expense of $1,034 million versus a $260 million benefit and a shift in other income (expense), net from a $74 million gain to a $152 million loss.
Total assets increased to $65,801 million, while total debt rose to $12,723 million after drawing $2,000 million on a new 2026 term loan; cash and cash equivalents declined to $4,870 million. Uber expanded strategic positions, including treating its 24.99% Delivery Hero stake as an equity method investment with a $3,502 million carrying value and entering $1.6 billion Total Return Swaps on Delivery Hero stock. After quarter‑end, Uber agreed to acquire Blacklane for approximately $550 million in cash and signed a business combination agreement to launch a voluntary takeover offer for Delivery Hero at €41.50 per share, implying $14.8 billion equity value, supported by a €14.2 billion bridge facility. Year‑to‑date share repurchases totaled $3,529 million for 46.6 million shares.
Uber Technologies, Inc. reported strong results for the quarter ended June 30, 2026. Trips reached 3.9 billion, up 18% year-over-year, as Monthly Active Platform Consumers rose 16% to 208 million and trips per consumer increased. Gross Bookings grew 24% to $58.0 billion, or 22% on a constant-currency basis. Revenue increased 12% to $14.2 billion, with business model changes reducing reported revenue growth by 8 percentage points.
GAAP income from operations rose 30% to $1.9 billion. GAAP net income attributable to Uber was $2.4 billion, including a $1.6 billion net benefit from revaluations of equity investments, driving diluted EPS of $1.17, up 85%. Adjusted EBITDA reached $2.8 billion, up 33%, with a margin of 4.9% of Gross Bookings. Non-GAAP Operating Income was $2.1 billion, up 40%, and Non-GAAP EPS was $0.81, up 35%. Free cash flow was $2.8 billion for the quarter, and trailing twelve‑month free cash flow exceeded $10 billion. Unrestricted cash, cash equivalents, and short-term investments totaled $5.4 billion.
Mobility Gross Bookings grew 22% to $29.0 billion, Delivery 26% to $27.5 billion, and Freight 25% to $1.6 billion. For Q3 2026, Uber anticipates Gross Bookings of $58.25–$60.25 billion, representing 18–22% year-over-year constant-currency growth, and Non-GAAP EPS of $0.84–$0.88, which corresponds to Adjusted EBITDA of $2.86–$2.96 billion.
Uber Technologies director John A. Thain converted 349 restricted stock units into 349 shares of common stock on July 16, 2026. The RSUs were granted and fully vested on July 10, 2026 under Uber’s RSU Conversion and Deferral Program for Directors. Following settlement, he held 187,225 common shares directly.
Uber Technologies, Inc Chief Financial Officer Krishnamurthy Balaji reported RSU vesting on July 16, 2026 that converted into 4,392 shares of common stock. To cover related tax obligations, 2,249 shares were withheld at $74.04 per share.
Uber Technologies, Inc. President and Chief Operating Officer Andrew Macdonald reported the vesting and settlement of restricted stock units into 10,167 shares of common stock on July 16, 2026, with RSUs converting to stock on a one-for-one basis.
To cover associated tax liabilities upon vesting, 5,683 shares of common stock were withheld by the issuer at $74.04 per share. The RSUs relate to multi-year grants from 2023–2026 that vest monthly over 48 months.
Uber Technologies, Inc. chief legal officer and corporate secretary Tony West reported equity award vesting activity. On July 16, 2026, a total of 7,196 restricted stock units converted into common stock on a one-for-one basis from several RSU grants. In connection with these vestings, 3,570 common shares were disposed of at $74.04 per share to satisfy tax liabilities. The underlying RSU grants, made between 2023 and 2026, vest in equal monthly installments over four years and may settle in cash or common stock at Uber’s election.
Uber Technologies, Inc executive Jill Hazelbaker, President and Chief Corporate Affairs Officer, reported the vesting of 9,160 RSUs into an equal number of common shares on July 16, 2026. To cover taxes, 4,628 shares were withheld at $74.04 per share. She also reports 11,974 shares held indirectly through the Franks 2021 Irrevocable Trust benefiting her immediate family.
Uber Technologies, Inc. Chief Accounting Officer Glen Ceremony had 3,611 restricted stock units vest and convert into common stock on July 16, 2026. To satisfy related taxes, 1,793 shares were withheld at $74.04 per share, with no market purchases or sales disclosed.
Uber Technologies, Inc. is pursuing the acquisition of Delivery Hero SE via a voluntary public takeover offer, offering cash of €41.50 per share, implying an equity value of $14.8 billion for 100% of Delivery Hero. Delivery Hero’s management and supervisory boards unanimously support the transaction, subject to their duties, and have agreed to recommend that shareholders tender. Uber already holds approximately 24.77% of Delivery Hero’s voting share capital and additional economic exposure of about 11.74% through equity derivatives, while Prosus has irrevocably agreed to tender its ~17% stake, bringing Uber’s total economic interest to ~53%.
The takeover is subject to a minimum acceptance threshold of 50% plus one share (including Uber’s existing ownership) and specified merger control and financial regulatory approvals, with closing targeted for the second half of 2027. In parallel, Delivery Hero agreed to sell operations in 14 markets to SSW Partners for approximately $1.6 billion. Uber plans to fund the offer with existing cash and new debt, supported by a senior unsecured Bridge Credit Agreement providing commitments of €14,200,000,000, maturing 364 days after closing and governed by rating-linked pricing, mandatory prepayments, a minimum 3.00x interest coverage ratio, and customary covenants and events of default.
Strategically, the combination would extend Uber’s mobility and delivery platform to 99 markets with 2025 pro-forma Gross Bookings of $236 billion. Uber highlights expected annualized synergies of over $1.2 billion within 18 months of closing and projects the deal to be accretive to Non-GAAP EPS upon close and high-single-digit accretive by year three. Uber commits to maintaining an investment-grade profile with gross leverage below 2x, investing €2 billion in Germany over five years, retaining Delivery Hero’s Berlin headquarters and workforce at least through 2029, and has agreed to significant reciprocal termination fees, including EUR 200 million payable by Delivery Hero in certain competing-offer scenarios and EUR 700 million payable by the Uber bidding entity if key regulatory-related conditions are not met despite others being satisfied.
Uber Technologies, Inc. director John A. Thain received a grant of 349 restricted stock units (RSUs) on July 10, 2026 under the company’s RSU Conversion and Deferral Program for Directors. The RSUs were 100% vested at grant and are payable on a one-for-one basis in cash or common stock on July 16, 2026 at Uber’s election.