UBER TECHNOLOGIES, INC, 10-Q filed on 11/4/2026
Quarterly Report
v3.26.3
Cover Page - shares
 9 Months Ended
Sep. 30, 2026
Oct. 30, 2026
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 30, 2026  
Document Transition Report false  
Entity File Number 001-38902  
Entity Registrant Name UBER TECHNOLOGIES, INC.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 45-2647441  
Entity Address, Address Line One 1725 3rd Street  
Entity Address, City or Town San Francisco  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 94158  
City Area Code 415  
Local Phone Number 612-8582  
Title of 12(b) Security Common Stock, par value $0.00001 per share  
Trading Symbol UBER  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   2,041,898,070
Entity Central Index Key 0001543151  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q3  
v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 9,558 $ 7,105
Short-term investments 510 528
Restricted cash and cash equivalents 616 631
Accounts receivable, net 4,427 3,827
Prepaid expenses and other current assets 2,758 1,902
Total current assets 17,869 13,993
Restricted cash and cash equivalents 1,988 1,911
Restricted investments 8,768 8,874
Investments 7,975 9,178
Equity method investments 3,498 287
Property and equipment, net 1,816 1,897
Operating lease right-of-use assets 1,634 1,114
Intangible assets, net 1,370 1,048
Goodwill 10,577 8,931
Deferred tax assets 10,118 10,951
Other non-current assets 5,454 3,618
Total assets 71,067 61,802
Liabilities, redeemable non-controlling interests and equity    
Accounts payable 1,479 1,013
Short-term insurance reserves 4,220 3,387
Operating lease liabilities, current 176 169
Accrued and other current liabilities 8,631 7,751
Total current liabilities 14,506 12,320
Long-term insurance reserves 9,489 9,076
Long-term debt, net of current portion 15,664 10,521
Operating lease liabilities, non-current 1,897 1,390
Other non-current liabilities 548 412
Total liabilities 42,104 33,719
Commitments and contingencies (Note 11)
Redeemable non-controlling interests 388 165
Equity    
Common stock, $0.00001 par value, 5,000,000 shares authorized for both periods, 2,067,905 and 2,039,285 shares issued and outstanding, respectively 0 0
Additional paid-in capital 35,501 38,101
Accumulated other comprehensive loss (461) (432)
Accumulated deficit (7,381) (10,628)
Total Uber Technologies, Inc. stockholders' equity 27,659 27,041
Non-redeemable non-controlling interests 916 877
Total equity 28,575 27,918
Total liabilities, redeemable non-controlling interests and equity $ 71,067 $ 61,802
v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
shares in Thousands
Sep. 30, 2026
Dec. 31, 2025
Statement of Financial Position [Abstract]    
Common stock, par value (in dollars per share) $ 0.00001 $ 0.00001
Common stock, shares authorized (in shares) 5,000,000 5,000,000
Common stock, shares issued (in shares) 2,039,285 2,067,905
Common stock, shares outstanding (in shares) 2,039,285 2,067,905
v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenue $ 14,766 $ 13,467 $ 42,160 $ 37,651
Costs and expenses        
Cost of revenue, exclusive of depreciation and amortization shown separately below 8,349 8,109 23,422 22,657
Operations and support 875 735 2,443 2,099
Sales and marketing 1,563 1,277 4,404 3,544
Research and development 1,273 862 3,267 2,517
General and administrative 1,047 1,183 2,780 2,509
Depreciation and amortization 212 188 584 534
Total costs and expenses 13,319 12,354 36,900 33,860
Income from operations 1,447 1,113 5,260 3,791
Interest expense (152) (112) (387) (325)
Interest income 176 193 523 543
Other income (expense), net (616) 1,426 (768) 1,500
Income before income taxes and income/loss from equity method investments 855 2,620 4,628 5,509
Provision for (benefit from) income taxes 244 (4,046) 1,278 (4,306)
Loss from equity method investments (42) (14) (83) (39)
Net income including non-controlling interests 569 6,652 3,267 9,776
Less: net income attributable to non-controlling interests, net of tax 57 26 98 19
Net income attributable to Uber Technologies, Inc. $ 512 $ 6,626 $ 3,169 $ 9,757
Net income per share attributable to Uber Technologies, Inc. common stockholders:        
Basic (in dollars per share) $ 0.25 $ 3.18 $ 1.55 $ 4.67
Diluted (in dollars per share) $ 0.25 $ 3.11 $ 1.54 $ 4.57
Weighted-average shares used to compute net income per share attributable to common stockholders:        
Basic (in shares) 2,038,364 2,084,180 2,042,245 2,089,220
Diluted (in shares) 2,050,324 2,124,391 2,057,222 2,124,293
v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income including non-controlling interests $ 569 $ 6,652 $ 3,267 $ 9,776
Other comprehensive income (loss), net of tax:        
Change in foreign currency translation adjustment (7) 0 (4) 83
Change in unrealized gain (loss) on investments in available-for-sale debt securities (17) 5 (36) 4
Change in unrealized gain (loss) on cash flow hedges (5) 0 11 0
Other comprehensive income (loss), net of tax (29) 5 (29) 87
Comprehensive income including non-controlling interests 540 6,657 3,238 9,863
Less: comprehensive income (loss) attributable to non-controlling interests 57 26 98 19
Comprehensive income attributable to Uber Technologies, Inc. $ 483 $ 6,631 $ 3,140 $ 9,844
v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE NON-CONTROLLING INTERESTS AND EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Redeemable Non-Controlling Interests
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Non-Redeemable Non-Controlling Interests
Beginning balance at Dec. 31, 2024   $ 93,000          
Increase (Decrease) in Temporary Equity [Roll Forward]              
Re-measurement of non-controlling interests   18,000          
Net income (loss)   (18,000)          
Ending balance at Mar. 31, 2025   93,000          
Beginning balance (in shares) at Dec. 31, 2024     2,107,953        
Beginning balance at Dec. 31, 2024 $ 22,383,000   $ 0 $ 42,801,000 $ (517,000) $ (20,726,000) $ 825,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares)     657        
Exercise of stock options 8,000     8,000      
Stock-based compensation 448,000     448,000      
Issuance of common stock for settlement of RSUs (in shares)     10,293        
Shares withheld related to net share settlement (in shares)     (460)        
Shares withheld related to net share settlement (33,000)     (33,000)      
Repurchase of common stock (in shares)     (26,587)        
Repurchase of common stock including excise tax (1,800,000)     (1,800,000)      
Re-measurement of non-controlling interests (18,000)     (18,000)      
Other comprehensive income (loss), net of tax 32,000       32,000    
Net income (loss) 1,792,000         1,780,000 12,000
Ending balance (in shares) at Mar. 31, 2025     2,091,856        
Ending balance at Mar. 31, 2025 22,812,000   $ 0 41,406,000 (485,000) (18,946,000) 837,000
Beginning balance at Dec. 31, 2024   93,000          
Ending balance at Sep. 30, 2025   158,000          
Beginning balance (in shares) at Dec. 31, 2024     2,107,953        
Beginning balance at Dec. 31, 2024 22,383,000   $ 0 42,801,000 (517,000) (20,726,000) 825,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Other comprehensive income (loss), net of tax 87,000            
Ending balance (in shares) at Sep. 30, 2025     2,079,769        
Ending balance at Sep. 30, 2025 28,997,000   $ 0 39,499,000 (430,000) (10,935,000) 863,000
Beginning balance at Mar. 31, 2025   93,000          
Increase (Decrease) in Temporary Equity [Roll Forward]              
Re-measurement of non-controlling interests   14,000          
Redemption of non-controlling interest   (39,000)          
Recognition of non-controlling interest upon acquisition   130,000          
Other Comprehensive Income   1,000          
Net income (loss)   (16,000)          
Ending balance at Jun. 30, 2025   183,000          
Beginning balance (in shares) at Mar. 31, 2025     2,091,856        
Beginning balance at Mar. 31, 2025 22,812,000   $ 0 41,406,000 (485,000) (18,946,000) 837,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares)     370        
Exercise of stock options 7,000     7,000      
Stock-based compensation 489,000     489,000      
Issuance of common stock for settlement of RSUs (in shares)     8,809        
Issuance of common stock under the Employee Stock Purchase Plan (in shares)     2,151        
Issuance of common stock under the Employee Stock Purchase Plan 119,000     119,000      
Shares withheld related to net share settlement (in shares)     (58)        
Shares withheld related to net share settlement (5,000)     (5,000)      
Repurchase of common stock (in shares)     (16,360)        
Repurchase of common stock including excise tax (1,377,000)     (1,377,000)      
Re-measurement of non-controlling interests (14,000)     (14,000)      
Other comprehensive income (loss), net of tax 50,000       50,000    
Net income (loss) 1,366,000         1,354,000 12,000
Ending balance (in shares) at Jun. 30, 2025     2,086,768        
Ending balance at Jun. 30, 2025 23,447,000   $ 0 40,625,000 (435,000) (17,592,000) 849,000
Increase (Decrease) in Temporary Equity [Roll Forward]              
Re-measurement of non-controlling interests   64,000          
Redemption of non-controlling interest   (70,000)          
Reclassification of non-controlling interest   (2,000)          
Net income (loss)   (17,000)          
Ending balance at Sep. 30, 2025   158,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares)     374        
Exercise of stock options 8,000     8,000      
Stock-based compensation 478,000     478,000      
Issuance of common stock for settlement of RSUs (in shares)     8,362        
Shares withheld related to net share settlement (in shares)     (73)        
Shares withheld related to net share settlement (7,000)     (7,000)      
Repurchase of common stock (in shares)     (15,662)        
Repurchase of common stock including excise tax (1,471,000)     (1,471,000)      
Re-measurement of non-controlling interests 64,000     64,000      
Reclassification of non-controlling interest 2,000           2,000
Purchase of capped calls (70,000)     (70,000)      
Other comprehensive income (loss), net of tax 5,000       5,000    
Net income (loss) 6,669,000         6,657,000 12,000
Ending balance (in shares) at Sep. 30, 2025     2,079,769        
Ending balance at Sep. 30, 2025 $ 28,997,000   $ 0 39,499,000 (430,000) (10,935,000) 863,000
Beginning balance at Dec. 31, 2025   165,000          
Increase (Decrease) in Temporary Equity [Roll Forward]              
Re-measurement of non-controlling interests   10,000          
Net income (loss)   (4,000)          
Ending balance at Mar. 31, 2026   171,000          
Beginning balance (in shares) at Dec. 31, 2025 2,067,905   2,067,905        
Beginning balance at Dec. 31, 2025 $ 27,918,000   $ 0 38,101,000 (432,000) (10,628,000) 877,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares)     63        
Exercise of stock options 1,000     1,000      
Stock-based compensation 484,000     484,000      
Issuance of common stock for settlement of RSUs (in shares)     8,721        
Shares withheld related to net share settlement (in shares)     (525)        
Shares withheld related to net share settlement (39,000)     (39,000)      
Repurchase of common stock (in shares)     (39,740)        
Repurchase of common stock including excise tax (3,010,000)     (3,010,000)      
Re-measurement of non-controlling interests (10,000)     (10,000)      
Other comprehensive income (loss), net of tax 11,000       11,000    
Net income (loss) 286,000         273,000 13,000
Ending balance (in shares) at Mar. 31, 2026     2,036,424        
Ending balance at Mar. 31, 2026 $ 25,641,000   $ 0 35,527,000 (421,000) (10,355,000) 890,000
Beginning balance at Dec. 31, 2025   165,000          
Ending balance at Sep. 30, 2026   388,000          
Beginning balance (in shares) at Dec. 31, 2025 2,067,905   2,067,905        
Beginning balance at Dec. 31, 2025 $ 27,918,000   $ 0 38,101,000 (432,000) (10,628,000) 877,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares) 608            
Other comprehensive income (loss), net of tax $ (29,000)            
Ending balance (in shares) at Sep. 30, 2026 2,039,285   2,039,285        
Ending balance at Sep. 30, 2026 $ 28,575,000   $ 0 35,501,000 (461,000) (7,381,000) 916,000
Beginning balance at Mar. 31, 2026   171,000          
Increase (Decrease) in Temporary Equity [Roll Forward]              
Re-measurement of non-controlling interests   11,000          
Net income (loss)   (2,000)          
Ending balance at Jun. 30, 2026   180,000          
Beginning balance (in shares) at Mar. 31, 2026     2,036,424        
Beginning balance at Mar. 31, 2026 25,641,000   $ 0 35,527,000 (421,000) (10,355,000) 890,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares)     109        
Exercise of stock options 5,000     5,000      
Stock-based compensation 563,000     563,000      
Issuance of common stock for settlement of RSUs (in shares)     8,257        
Issuance of common stock under the Employee Stock Purchase Plan (in shares)     2,158        
Issuance of common stock under the Employee Stock Purchase Plan 136,000     136,000      
Shares withheld related to net share settlement (in shares)     (69)        
Shares withheld related to net share settlement (5,000)     (5,000)      
Repurchase of common stock (in shares)     (6,885)        
Repurchase of common stock including excise tax (517,000)     (517,000)      
Re-measurement of non-controlling interests (11,000)     (11,000)      
Other comprehensive income (loss), net of tax (11,000)       (11,000)    
Net income (loss) 2,418,000         2,405,000 13,000
Ending balance (in shares) at Jun. 30, 2026     2,039,994        
Ending balance at Jun. 30, 2026 28,219,000   $ 0 35,698,000 (432,000) (7,950,000) 903,000
Increase (Decrease) in Temporary Equity [Roll Forward]              
Re-measurement of non-controlling interests   57,000          
Redemption of non-controlling interest   (2,000)          
Recognition of non-controlling interest upon acquisition   166,000          
Net income (loss)   (13,000)          
Ending balance at Sep. 30, 2026   $ 388,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares)     440        
Exercise of stock options 18,000     18,000      
Stock-based compensation 554,000     554,000      
Issuance of common stock for settlement of RSUs (in shares)     8,056        
Issuance of common stock upon conversion of convertible notes (in shares)     902        
Issuance of common stock upon conversion of convertible notes 50,000     50,000      
Shares withheld related to net share settlement (in shares)     (105)        
Shares withheld related to net share settlement (8,000)     (8,000)      
Repurchase of common stock (in shares)     (10,002)        
Repurchase of common stock including excise tax (754,000)     (754,000)      
Re-measurement of non-controlling interests (57,000)     (57,000)      
Other comprehensive income (loss), net of tax (29,000)       (29,000)    
Net income (loss) $ 582,000         569,000 13,000
Ending balance (in shares) at Sep. 30, 2026 2,039,285   2,039,285        
Ending balance at Sep. 30, 2026 $ 28,575,000   $ 0 $ 35,501,000 $ (461,000) $ (7,381,000) $ 916,000
v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities    
Net income including non-controlling interests $ 3,267 $ 9,776
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 604 554
Stock-based compensation 1,614 1,375
Deferred income taxes 889 (4,492)
(Gains) losses on debt and equity securities, net 338 (1,505)
(Gains) losses on foreign currency transactions, net 81 (130)
Other 218 63
Change in assets and liabilities, net of impact of business acquisitions and disposals:    
Accounts receivable (598) (357)
Prepaid expenses and other assets (1,004) (874)
Operating lease right-of-use assets 165 135
Accounts payable 390 232
Accrued insurance reserves 1,253 2,079
Accrued expenses and other liabilities 786 521
Operating lease liabilities (151) (161)
Net cash provided by operating activities 7,852 7,216
Cash flows from investing activities    
Purchases of property and equipment (239) (261)
Purchases of non-marketable equity securities (805) (286)
Purchases of marketable securities (26,090) (13,945)
Purchases of loan and notes receivable (327) (78)
Proceeds from maturities and sales of marketable securities 24,505 13,547
Acquisition of businesses, net of cash acquired (1,555) (804)
Purchase of total return swaps (1,640) 0
Other investing activities 62 (123)
Net cash used in investing activities (6,089) (1,950)
Cash flows from financing activities    
Proceeds from debt, net of issuance costs 9,136 3,359
Principal repayment on debt (4,000) (1,200)
Principal payments on finance leases (124) (112)
Proceeds from the issuance of common stock under the Employee Stock Purchase Plan 136 120
Repurchases of common stock (4,279) (4,611)
Other financing activities (113) (151)
Net cash provided by (used in) financing activities 756 (2,595)
Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents (4) 202
Net increase in cash and cash equivalents, and restricted cash and cash equivalents 2,515 2,873
Cash and cash equivalents, and restricted cash and cash equivalents    
Beginning of period 9,647 8,610
End of period 12,162 11,483
Reconciliation of cash and cash equivalents, and restricted cash and cash equivalents to the condensed consolidated balance sheets    
Cash and cash equivalents 9,558 8,432
Restricted cash and cash equivalents-current 616 477
Restricted cash and cash equivalents-non-current 1,988 2,574
Total cash and cash equivalents, and restricted cash and cash equivalents 12,162 11,483
Cash paid for:    
Interest, net of amount capitalized 416 373
Income taxes, net of refunds 446 274
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for lease obligations 679 100
Reclassification of marketable securities to equity method investments $ 2,517 $ 0
v3.26.3
Description of Business and Summary of Significant Accounting Policies
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of Business and Summary of Significant Accounting Policies
Note 1 – Description of Business and Summary of Significant Accounting Policies
Description of Business
Uber Technologies, Inc. (“Uber,” the “Company,” “we,” “our,” or “us”) was incorporated in Delaware in July 2010, and is headquartered in San Francisco, California. Uber is a technology platform that uses a massive network, leading technology, operational excellence and product expertise to power movement from point A to point B. Uber develops and operates proprietary technology applications supporting a variety of offerings on its platform (“platform(s)” or “Platform(s)”). Uber connects consumers (“Rider(s)”) with independent providers of ride services (“Mobility Driver(s)”) for ridesharing services, and connects Riders and other consumers (“Eaters”) with restaurants, grocers and other stores (collectively, “Merchants”) with delivery service providers (“Couriers”) for meal preparation, grocery and other delivery services. Riders and Eaters are collectively referred to as “end-user(s)” or “consumer(s).” Mobility Drivers and Couriers are collectively referred to as “Driver(s).” Uber also connects consumers with public transportation networks. Uber uses this same network, technology, operational excellence and product expertise to connect shippers (“Shippers”) with carriers (“Carriers”) in the freight industry. The foundation of our platform is this network of Drivers, Couriers, Merchants, Carriers as well as Riders, Eaters and Shippers (collectively “Platform Participant(s)”). We define Platform Earner(s) as Drivers, Couriers and Merchants as well as Carriers. Uber is also developing technologies designed to provide new solutions to solve everyday problems.
Our technology is used around the world, principally in the United States (“U.S.”) and Canada, Latin America, Europe (excluding Russia), the Middle East, Africa, and Asia Pacific (“APAC”, excluding China and Southeast Asia).
Basis of Presentation
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated balance sheet, as of December 31, 2025, included herein was derived from the audited consolidated financial statements as of that date. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Certain prior period amounts in the condensed consolidated statements of cash flows and operations have been reclassified to conform to the current period presentation, with no impact on total cash flows or previously reported net income. As such, the information included in this Quarterly Report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended December 31, 2025, included in our Annual Report on Form 10-K. The results for the interim periods are not necessarily indicative of results for the full year.
In the opinion of management, these financial statements include all adjustments, which are of a normal recurring nature, necessary for a fair statement of the financial position, results of operations, comprehensive income, cash flows and the change in equity for the periods presented.
There have been no changes to our significant accounting policies described in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 13, 2026, that have had a material impact on our condensed consolidated financial statements and related notes.
Basis of Consolidation
Our condensed consolidated financial statements include the accounts of Uber Technologies, Inc. and entities consolidated under the variable interest and voting models. All intercompany balances and transactions have been eliminated. Refer to Note 13 – Non-Controlling Interests for further information.
Use of Estimates
The preparation of our unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions, which affect the reported amounts in the financial statements and accompanying notes. Estimates are based on historical experience, where applicable, and other assumptions which management believes are reasonable under the circumstances. On an ongoing basis, management evaluates estimates, including, but not limited to: fair values of investments and other financial instruments (including the measurement of credit or impairment losses); useful lives of amortizable long-lived assets; fair value of acquired intangible assets and related impairment assessments; impairment of goodwill; stock-based compensation; income taxes and non-income tax reserves; certain deferred tax assets and tax liabilities; insurance reserves; and other contingent liabilities. These estimates are inherently subject to judgment and actual results could differ from those estimates.
In July 2026, we refined our methodology for allocating network costs across our lines of business and expense categories to more closely reflect actual consumption. This change was a change in estimate and has been applied prospectively beginning July 1,
2026. As a result of this change, certain network costs previously recorded in cost of revenue are now recorded in operating expenses, with no impact on operating income, net income, or basic or diluted earnings per share.
Recently Issued Accounting Pronouncements Not Yet Adopted
In November 2024, the FASB issued ASU 2024-03, “Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures,” which requires disclosure of additional information about specific expense categories underlying certain income statement expense line items. The standard will be effective for public companies for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our consolidated financial statements and related disclosures.
In December 2025, the FASB issued ASU 2025-10, “Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities,” which establishes recognition, measurement, and presentation guidance for government grants received by business entities. The standard will be effective for public companies for annual reporting periods beginning after December 15, 2028, and interim reporting periods within those annual reporting periods. Early adoption is permitted. We are currently evaluating the impact of this ASU on our consolidated financial statements and related disclosures.
In May 2026, the FASB issued ASU 2026-02, “Environmental Credits and Environmental Credit Obligations (Topic 818),” which establishes guidance for the recognition, measurement, presentation, and disclosure of environmental credits and environmental credit obligations. The standard will be effective for public companies for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period. We are currently evaluating the impact of this accounting standard update on our consolidated financial statements and related disclosures.
v3.26.3
Financial Instruments
 9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Financial Instruments
Note 2 – Financial Instruments
Fair value measurement
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents our financial assets and liabilities measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in millions):
As of December 31, 2025As of September 30, 2026
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets
Money market funds$1,624 $— $— $1,624 $2,164 $— $— $2,164 
U.S. government and agency securities— 7,323 — 7,323 — 7,674 — 7,674 
Commercial paper— 715 — 715 — 887 — 887 
Corporate bonds— 2,194 — 2,194 — 2,282 — 2,282 
Certificates of deposit— 72 — 72 — 70 — 70 
Mortgage-backed and asset-backed securities— 22 — 22 — 98 — 98 
Non-marketable equity securities (1)
— — 69 69 — — — — 
Marketable equity securities4,593 — — 4,593 3,617 — — 3,617 
Note receivable from a related party (1)
— — 190 190 — — — — 
Total Return Swaps— — — — — 1,477 — 1,477 
Derivative assets
— — 13 13 — 6 119 125 
Total financial assets$6,217 $10,326 $272 $16,815 $5,781 $12,494 $119 $18,394 
Financial Liabilities
2028 Exchangeable Senior Notes (2)
$— $1,125 $— $1,125 $— $1,200 $— $1,200 
Derivative liabilities
— 5 — 5 — 1 134 135 
Total financial liabilities$— $1,130 $— $1,130 $— $1,201 $134 $1,335 
(1) Consisted of our investments in Neutron Holdings, Inc. (“Lime”) in preferred stock, common stock and convertible note receivable as we elected the fair value option for Lime related investments. Lime completed their initial public offering (“IPO”) on June 30, 2026 and started trading on July 1, 2026. Following Lime’s IPO, the preferred stock and convertible note receivable have been converted to common stock of Lime and Lime-related investments were transferred out of Level 3. 100% of our initial shares remain subject to lock-up restrictions through July 2027, and will be fully released by July 2028. For the shares purchased after the IPO, they are subject to lock-up restrictions through November 2026.
As of September 30, 2026, we own approximately 23% of Lime’s outstanding common stock, which gives us the ability to exercise significant influence. We elected the fair value option for the Lime common stock, which is classified as Level 1 marketable equity security.
(2) Refer to Note 5 – Debt and Credit Arrangements for further information.
Assets Measured at Fair Value on a Non-Recurring Basis
Our non-marketable equity securities are investments in privately held companies without readily determinable fair values. The carrying value of our non-marketable equity securities is adjusted based on price changes from observable transactions of identical or similar securities of the same issuer (referred to as the measurement alternative) or for impairment. Any changes in carrying value are recorded within other income (expense), net in the condensed consolidated statements of operations.
Non-marketable equity securities that have been remeasured during the period based on observable transactions are classified within Level 2 in the fair value hierarchy. We measure the fair value of our Didi investment based on the closing share price of the Didi American Depositary Shares on the over-the-counter market as an observable transaction for similar securities. Certain non-marketable equity securities and note receivable are classified within Level 3 in the fair value hierarchy because we estimate the fair value of these securities based on valuation methods, including the common stock equivalent (“CSE”) and option-pricing model (“OPM”) methods, using the transaction price of similar securities issued by the investee adjusted for contractual rights and obligations of the securities we hold.
Financial Assets Measured at Fair Value Using Level 3 Inputs
The following table presents a reconciliation of our financial assets measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) (in millions):
Non-marketable equity securitiesNote receivableEmbedded derivativesDeal-Contingent Forward
Balance as of December 31, 2025$69 $190 $13 $— 
Change in fair value included in other income (expense), net112 (20)21 (134)
Purchases— — 110 — 
Conversion170 (170)(25)— 
Transfer out of level 3(351)— — — 
Balance as of September 30, 2026$— $— $119 $(134)
We measure certain derivative instruments at fair value on a recurring basis, including embedded derivatives and a deal-contingent forward contract. These instruments are classified within Level 3 of the fair value hierarchy because their valuation incorporates significant unobservable inputs.
The fair value of the embedded derivatives is determined using a probability-weighted present value method. The valuation incorporates unobservable inputs, including probability of the contingent events occurring, expected timing of the contingent events and discount rates.
The fair value of the Deal-Contingent Forward is determined by comparing the contractual foreign exchange rates to market forward rates for future settlement dates, weighted for the expected likelihood and timing of the acquisition closing and discounted to the valuation date. Inputs are primarily observable and include foreign currency forward curves and interest rates.
Changes in the unobservable inputs used in the Level 3 valuations could result in higher or lower fair value measurements. The effect of changes in individual inputs may be affected by the interrelationship among those inputs and other factors incorporated into the valuation models.
Debt Securities
The following table summarizes the amortized cost, unrealized gains and losses, and fair value of our debt securities (in millions):
As of December 31, 2025
Reported As
Amortized CostUnrealized GainsUnrealized LossesFair ValueCash and cash equivalent
Short-term investments
Restricted cash and cash equivalent
Restricted investments
U.S. government and agency securities$7,315 $8 $— $7,323 $40 $149 $304 $6,830 
Commercial paper715 — — 715 553 75 — 87 
Corporate bonds2,190 4 — 2,194 — 271 26 1,897 
Certificates of deposit71 — — 71 — 33 — 38 
Mortgage-backed and asset-backed securities22 — — 22 — — — 22 
Total$10,313 $12 $— $10,325 $593 $528 $330 $8,874 
As of September 30, 2026
Reported As
Amortized CostUnrealized GainsUnrealized LossesFair Value
Cash and cash equivalent
Short-term investments
Other Current Assets
Restricted cash and cash equivalent
Restricted investments
U.S. government and agency securities$7,694 $— $(20)$7,674 $352 $109 $37 $574 $6,602 
Commercial paper887 — — 887 720 96 — 25 46 
Corporate bonds2,286 1 (5)2,282 — 256 10 6 2,010 
Certificates of deposit70 — — 70 9 18 — — 43 
Mortgage-backed and asset-backed securities98 — — 98 — 31 — — 67 
Total$11,035 $1 $(25)$11,011 $1,081 $510 $47 $605 $8,768 
As of December 31, 2025 and September 30, 2026, there were no allowance for credit losses related to our debt securities. The weighted-average remaining maturity of our debt securities was less than one year as of September 30, 2026.
Investments
Our investments on the condensed consolidated balance sheets consisted of the following (in millions):
As of
December 31, 2025September 30, 2026
Non-marketable equity securities:
Didi$3,011 $2,061 
Other1,455 2,297 
Marketable equity securities:
Grab2,674 1,667 
Aurora (1)
1,252 870 
Other667 1,080 
Note receivable119 — 
Investments$9,178 $7,975 
(1) In connection with our exchangeable senior notes due in 2028 (the “2028 Exchangeable Senior Notes”), as of December 31, 2025 and September 30, 2026, approximately 48% and 100%, respectively, of our Aurora Innovation, Inc. (“Aurora”) Class A common stock is pledged as collateral and cannot be sold or transferred during the term of the 2028 Exchangeable Senior Notes until the obligations are fulfilled or the pledged assets are otherwise released under a collateral agreement. Refer to Note 5 – Debt and Credit Arrangements for further information.
Non-marketable equity securities
The following table summarizes the total carrying value of our non-marketable equity securities measured at fair value on a non-recurring basis held, including cumulative unrealized upward and downward adjustments made to the initial cost basis of the securities (in millions):
As of
December 31, 2025September 30, 2026
Initial cost basis$2,673 $3,557 
Upward adjustments3,726 3,920 
Downward adjustments (including impairment)(2,002)(3,119)
Total carrying value at the end of the period$4,397 $4,358 
Gains and losses on equity securities
Gains and losses (including impairments), net, for equity securities included in other income (expense), net, are summarized below (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Unrealized net gains (losses) on non-marketable equity securities$784 $172 $975 $(800)
Unrealized net gains (losses) on marketable equity securities680 (695)509 233 
Unrealized net gains (losses) recognized during the period on equity securities still held at the reporting date1,464 (523)1,484 (567)
Realized net gains (losses) on equity securities sold during the period8 (38)21 165 
Total gains (losses) on equity securities in other income (expense), net$1,472 $(561)$1,505 $(402)
Non-marketable equity securities accounted for under the measurement alternative
Upward adjustments760 172 950 205 
Downward adjustments (including impairment)— — — (1,117)
In the table above, realized net gain (loss) on equity securities sold during the period reflects the difference between the sale proceeds and the carrying value of the equity securities at the beginning of the period or the purchase date, if later.
Loan Receivables and Convertible Notes
Loan receivables and the majority of our convertible notes are recorded at amortized cost which includes unpaid principal balances and any related discount or premium, net of allowances for credit losses. The convertible notes provide us with the right to convert the outstanding principal into equity interests of the counterparty upon the occurrence of defined contractual events. These arrangements contain embedded derivatives, which are bifurcated and accounted for separately at fair value, with changes in fair value recognized in other income (expense), net. The loan receivable and note receivable are included within other non-current assets on our condensed consolidated balance sheets. As of December 31, 2025 and September 30, 2026, the carrying value of loan receivable and notes receivable was $632 million and $745 million, respectively.
Total Return Swaps (TRS)
During the three months ended June 30, 2026, we entered into TRS agreements for $1.6 billion in cash. We held TRS for investments and the underlying assets of TRS are Delivery Hero’s common stock. We accounted for the TRS at fair value on a recurring basis, with changes in fair value recognized in other income (expense), net. The TRS are included within other non-current assets on our condensed consolidated balance sheets. The carrying value of TRS as of September 30, 2026 is $1.5 billion. The fair value of the TRS was determined under the market approach using quoted prices of the underlying investments and, as such, is classified as level 2 of the valuation hierarchy.
Derivative Financial Instruments
We enter into derivative instruments, consisting of foreign exchange contracts, to mitigate forecasted transactions denominated in currencies other than the functional currency and the foreign currency exchange risk of our assets and liabilities. We do not use derivatives for trading or speculative purposes. We have master netting arrangements with certain counterparties to our foreign exchange contracts, which are designed to reduce credit risk by permitting net settlement of same type transactions with a single net amount payable by one party to the other. However, we elected to present derivative assets and derivative liabilities on a gross basis on our condensed consolidated balance sheets. The foreign exchange contracts related derivatives are recorded at fair value and classified within Level 2 of the fair value hierarchy.
We also entered into a deal-contingent foreign exchange forward transaction (the "Deal-Contingent Forward") to manage the risk of variability in foreign exchange rates related to the euro-denominated purchase price of Delivery Hero. The Deal-Contingent
Forward was derived based on a variable forward rate, with settlement contingent upon the closing of the Delivery Hero Transaction. Although the Deal-Contingent Forward was an effective economic hedge, it did not qualify for hedge accounting. The Deal-Contingent Forward is classified as a Level 3 instrument within the fair value hierarchy.
We also have embedded derivatives from our investments, which are classified within Level 3 of the fair value hierarchy.
Cash Flow Hedges
We designate certain foreign exchange contracts as cash flow hedges to protect forecasted revenue, typically hedging exposures for up to 12 months. Gains and losses on these derivatives that are included in the assessment of hedge effectiveness are initially deferred in accumulated other comprehensive income (loss) (“AOCI”) and subsequently reclassified into earnings in the same line item within the condensed consolidated statements of operations when the hedged transaction affects earnings. We do not exclude any components in the assessment of hedge effectiveness for forward contracts. If it becomes probable that a forecasted transaction will not occur, hedge accounting is discontinued, and the associated derivatives are accounted for as undesignated instruments, with amounts previously recorded in AOCI reclassified into other income (expense), net in the period of discontinuation. Cash flows associated with cash flow hedges are classified within operating activities in our condensed consolidated statements of cash flows.
Net Investment Hedges
We designate foreign currency denominated debt as net investment hedges to hedge the foreign currency risks related to our equity method investments in foreign currencies. Net investment hedge amounts included in the assessment of hedge effectiveness are recognized within cumulative translation adjustment in AOCI. As of September 30, 2026, the notional amount of foreign currency debt designated as net investment hedge is $3.4 billion.
Derivatives Not Designated as Hedging Instruments
We utilize foreign exchange contracts not designated as hedging instruments to mitigate foreign currency exchange risk of our assets and liabilities. We also entered into the Deal-Contingent Forward to mitigate foreign exchange risk associated with the euro-denominated purchase price of Delivery Hero. Gains and losses on these derivatives are recognized in other income (expense), net in the condensed consolidated statements of operations, and the related cash flows are classified within investing activities in the condensed consolidated statements of cash flows.
The gross notional amount of our outstanding derivative instruments were as follows (in millions):
December 31, 2025September 30, 2026
Derivative designated as hedging instruments
Foreign exchange contracts$378 $403 
Derivatives not designated as hedging instruments
Foreign exchange contracts1,595 1,649 
Deal-Contingent Forward— 6,816 
Other contracts100 230 
As of December 31, 2025 and September 30, 2026 and for the three and nine months ended September 30, 2026, the fair value of outstanding derivative instruments, the effects of derivatives designated as hedging instruments recognized in other comprehensive income (loss), net, the amounts reclassified from AOCI, and the gains (losses) on derivative instruments not designated as hedging instruments recognized in other income (expense), net were immaterial to the condensed consolidated financial statements.
v3.26.3
Equity Method Investments
 9 Months Ended
Sep. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Note 3 – Equity Method Investments
The carrying value of our equity method investments were as follows (in millions):
As of
December 31, 2025September 30, 2026
Delivery Hero$— $3,372 
Careem Technologies171 — 
Other116 126 
Total equity method investments$287 $3,498 
Delivery Hero
In May 2024, we acquired 8.4 million ordinary shares of Delivery Hero SE ("Delivery Hero"), a publicly traded online food delivery platform headquartered in Berlin, Germany. The pre-existing equity interest was accounted for as marketable equity security
measured at fair value on a recurring basis. During the three months ended June 30, 2026, we acquired an additional equity interest in Delivery Hero for total cash consideration of $2.3 billion, increasing our total ownership to 24.99%. We concluded that we have the ability to exercise significant influence over Delivery Hero and prospectively transitioned to the equity method of accounting during the period. Immediately prior to this transition, we recognized a gain of $1.0 billion during the six months ended June 30, 2026, which is included in the other income (expense), net on our condensed consolidated statements of operations.
The carrying value of the equity method investment is adjusted for our share in the income or losses of Delivery Hero and the amortization of basis difference described below, on a one-quarter lag, and our share of Delivery Hero's other comprehensive income (loss) in other comprehensive income (loss). These amounts were not material for the three and nine months ended September 30, 2026. The carrying value of our investment in Delivery Hero is also adjusted for currency translation adjustments representing fluctuations between the functional currency of the investee and the U.S. Dollar, which are recorded in other comprehensive income (loss).
The basis difference is related to the difference between the cost of the investment and our proportionate share of the net assets of Delivery Hero. The basis difference was primarily allocated to equity method goodwill and intangible assets. We amortize the basis difference attributable to the intangible assets on a straight-line basis over the estimated useful lives of the underlying assets, which had a weighted-average life of approximately 7.2 years as of September 30, 2026. Equity method goodwill is not amortized. The fair value of our investment in Delivery Hero, based on its quoted market price, was $3.1 billion and our ownership of Delivery Hero was 24.5% as of September 30, 2026.
The table below provides the composition of the basis difference (in millions):
As of September 30, 2026
Equity method goodwill$2,520 
Intangible assets, net of accumulated amortization696 
Deferred tax liabilities(192)
Basis difference$3,024 
Pending Acquisition of Delivery Hero
On July 16, 2026, we entered into a business combination agreement with Delivery Hero. Pursuant to the agreement, Uber has launched a voluntary public takeover offer to acquire Delivery Hero. Under the terms of the takeover offer, Uber is offering Delivery Hero shareholders cash consideration of €41.50 per share, representing an equity value of $14.8 billion (implied for 100% of Delivery Hero). The takeover offer is subject to a minimum acceptance threshold of 50% plus one share of Delivery Hero's outstanding share capital (inclusive of shares owned by Uber) and certain further conditions, including receipt of certain merger control and financial regulatory clearances. The transaction is expected to close in the second half of 2027.
We will fund the takeover offer through existing cash on our balance sheet and new debt financing. On July 16, 2026, we executed a bridge credit agreement, which provided for €14.2 billion in aggregate amount of commitments for senior unsecured loans. On August 6, 2026, we entered into a €4.0 billion term loan credit agreement, reducing the commitments under the bridge credit agreement by the same amount.
The proceeds of any loans under the term loan credit agreement will be used to finance the takeover offer, to provide funding for related transactions, to refinance certain indebtedness of Delivery Hero and for the payment of related transaction costs. Loans under the term loan credit agreement will bear interest at EURIBOR plus an applicable margin. The term loan credit agreement is unsecured and is not guaranteed by any subsidiary of Uber, and contains certain customary covenants restricting our and certain of our subsidiaries' ability to incur liens, certain of our subsidiaries' ability to incur debt, and our ability to undergo certain fundamental changes, as well as a financial covenant. The term loan credit agreement also contains customary events of default.
As of September 30, 2026, no funds have been drawn under the bridge and term loan credit agreement, and we were in compliance with all covenants in the bridge and term loan credit agreement.
Careem Technologies
In April 2023, we entered into a series of agreements with Emirates Telecommunication Group Company (“e&”) whereby e& will contribute $400 million into the Careem non-ridesharing business (“Careem Technologies”) in exchange for a majority equity interest. Upon closing of the transaction in December 2023, e& acquired a majority stake in Careem Technologies and we retained a minority ownership interest. Careem Technologies is considered a related party to us upon the closing of the transaction. We continue to fully own the ridesharing business of Careem.
Upon closing of the transaction, we received two seats on Careem Technologies’ board and retained an approximately 42% equity ownership interest consisting of common stock in Careem Technologies. The investment was determined to be an equity method investment due to our ability to exercise significant influence over Careem Technologies. During the three months ended June 30, 2026, we acquired additional equity interest of Careem Technologies and our equity ownership interest was approximately 45% as of June 30, 2026.
On July 31, 2026, we acquired an additional ownership interest in Careem Technologies, resulting in an approximately 60% ownership interest. The acquisition provided us control of the entity and we began consolidating its results on the acquisition date. The acquisition will further integrate Careem Technologies’ delivery and payments offerings with our operations in the Middle East.
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill375 
Intangible assets164 
Tangible assets (liabilities), net5 
Less: Redeemable non-controlling interests
(166)
Net assets acquired$378 
The acquired intangible assets were $164 million with a useful life between 1 and 14 years and a weighted average useful life of 7 years. Goodwill was assigned to the Delivery segment.
The excess of purchase consideration over the fair value of net tangible and identifiable assets acquired was recorded as goodwill, which is not deductible for tax purposes. Goodwill is primarily attributable to anticipated operational synergies and the assembled workforce of Careem Technologies. The purchase price allocation is preliminary and subject to revision as more detailed analyses are completed and additional information about the fair value of assets acquired and liabilities assumed become available.
The results of Careem Technologies were included in our condensed consolidated financial statements from the date of acquisition. For the period from July 31, 2026 to September 30, 2026, Careem Technologies contributed an immaterial amount of revenue and loss before taxes.
e& retained an approximately 40% non-controlling interest in Careem Technologies following the acquisition. The non-controlling interest is classified as redeemable non-controlling interest. See Note 13 – Non-Controlling Interests for additional information.
v3.26.3
Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets
Note 4 – Goodwill and Intangible Assets
Goodwill
The following table presents the changes in the carrying value of goodwill by segment (in millions):
MobilityDeliveryFreightTotal Goodwill
Balance as of December 31, 2025$2,409 $5,080 $1,442 $8,931 
Acquisitions953 707 — 1,660 
Foreign currency translation and other adjustments(10)(4)— (14)
Balance as of September 30, 2026$3,352 $5,783 $1,442 $10,577 
Intangible Assets
The components of intangible assets, net were as follows (in millions, except years):
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted Average Remaining Useful Life - Years
December 31, 2025
Consumer, Merchant and other relationships$1,904 $(1,083)$821 8
Developed technology930 (754)176 3
Trade name, trademarks and other183 (132)51 3
Intangible assets$3,017 $(1,969)$1,048 
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Weighted Average Remaining Useful Life - Years
September 30, 2026
Consumer, Merchant and other relationships$2,238 $(1,204)$1,034 8
Developed technology1,055 (813)242 3
Trade name, trademarks and other240 (146)94 4
Intangible assets$3,533 $(2,163)$1,370 
Amortization expense for intangible assets subject to amortization was $72 million and $83 million for the three months ended September 30, 2025 and 2026, respectively. Amortization expense for intangible assets subject to amortization was $201 million and $206 million for nine months ended September 30, 2025 and 2026, respectively.
The estimated aggregate future amortization expense for intangible assets subject to amortization as of September 30, 2026 is summarized below (in millions):
Estimated Future Amortization Expense
Year Ending December 31,
Remainder of 2026$88 
2027304 
2028207 
2029157 
2030152 
Thereafter450 
Total$1,358 
v3.26.3
Debt and Credit Arrangements
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Debt and Credit Arrangements
Note 5 – Debt and Credit Arrangements
Components of debt, including the associated effective interest rates and maturities were as follows (in millions, except for percentages):
As of
December 31, 2025September 30, 2026Stated Interest RatesEffective Interest RatesMaturities
2028 Convertible Notes
1,725 1,725 0.875 %1.1 %December 2028
2028 Exchangeable Senior Notes1,125 1,200 0.00 %0.0 %May 2028
2029 Senior Notes1,500 1,500 4.50 %4.7 %August 2029
2030 Senior Notes1,250 1,250 4.30 %4.5 %January 2030
2031 Senior Notes1,000 1,000 4.15 %4.3 %January 2031
2034 Senior Notes1,500 1,500 4.80 %4.9 %September 2034
2035 Senior Notes1,250 1,250 4.80 %5.0 %September 2035
2054 Senior Notes1,250 1,250 5.35 %5.4 %September 2054
2029 Euro Senior Notes— 852 3.75 %4.1 %September 2029
2032 Euro Senior Notes— 1,136 4.13 %4.4 %September 2032
2034 Euro Senior Notes— 1,136 4.38 %4.6 %September 2034
2038 Euro Senior Notes— 1,136 4.75 %5.0 %September 2038
2046 Euro Senior Notes— 852 5.25 %5.5 %September 2046
Total debt (1)
10,600 15,787 
Less: unamortized discount and issuance costs(79)(123)
Total long-term debt$10,521 $15,664 
(1) The total fair value of our outstanding debt was $11.1 billion and $15.4 billion as of December 31, 2025 and September 30, 2026, respectively, and was determined based on quoted prices in markets that are not active, which is considered a Level 2 valuation input.
Euro Senior Notes
On September 15, 2026, we issued €4.5 billion aggregate principal amount of Euro-denominated Senior Notes in five tranches maturing September 2029 through September 2046, collectively referred to as the “Euro Senior Notes.” We received net proceeds of approximately €4.5 billion, or $5.2 billion based on the exchange rate on the settlement date, after underwriting discounts and offering expenses. We intend to use the net proceeds for general corporate purposes.
Our Euro Senior Notes are senior unsecured obligations of us and rank equally in right of payment with our existing and future senior unsecured and unsubordinated indebtedness. The Euro Senior Notes are not guaranteed by any of our subsidiaries. Interest on the Euro Senior Notes is payable annually in arrears on September 15 of each year, beginning on September 15, 2027. The entire principal amounts of the Euro Senior Notes are due at the respective maturity dates, and we may redeem the Euro Senior Notes at any time, in whole or in part, at specified redemption prices plus accrued and unpaid interest. Payments are generally required to be made in euros.
The indenture governing the Euro Senior Notes contains customary covenants that, subject to exceptions and qualifications, limit our and certain of our subsidiaries' ability to create certain liens, enter into certain sale-and-leaseback transactions, and our ability to consolidate or merge with another entity or transfer all or substantially all of our and our subsidiaries' assets. The indenture does not contain financial maintenance covenants or a general restriction on our ability to incur additional indebtedness.
The Euro Senior Notes are denominated in euros, which is a currency other than our functional currency. The carrying amounts of the Euro Senior Notes are remeasured into U.S. dollars using the exchange rate in effect at each reporting date. Foreign currency transaction gains and losses resulting from remeasurement are included in foreign currency exchange gains (losses), net within other income (expense), net. We designated certain portion of the Euro Senior Notes as net investment hedges to hedge the foreign currency risks related to our equity method investments in foreign currencies. Refer to Note 2 – Financial Instruments for further information.
2026 Term Loan
In June 2026, we entered into a Term Loan Credit Agreement providing for an unsecured term loan credit facility with aggregate commitments of up to $3.0 billion. The facility bore interest at Term SOFR plus 0.825% or the applicable base rate, at our election, and permitted borrowings through August 2, 2026, after which any undrawn commitments expired. As of June 30, 2026, we borrowed $2.0 billion under the facility and had remaining available commitments of $1.0 billion. The proceeds under the term loan facility were for general corporate purposes. In September 2026, we fully repaid the 2026 Term Loan and recognized an immaterial loss on debt extinguishment in other income (expense), net on our condensed consolidated statement of operations.
Senior Notes
The 2030, 2031, 2034, 2035 and 2054 senior notes are our unsecured debt obligations. The 2029 senior notes were guaranteed by certain of our material domestic restricted subsidiaries; such guarantees were released pursuant to the indenture following the 2029 senior notes receiving investment grade ratings and may be reinstated if such notes cease to be rated investment grade or upon certain other events. The 2029, 2030, 2031, 2034, 2035 and 2054 senior notes are collectively referred to as “Senior Notes”. Interest on our U.S. dollar-denominated Senior Notes is payable semi-annually in arrears. The entire principal amounts of the Senior Notes are due at the respective maturity dates, and we may redeem the Senior Notes at any time, in whole or in part, at specified redemption prices. The indentures governing the U.S. dollar-denominated Senior Notes contain customary covenants restricting our and certain of our subsidiaries’ ability to incur debt and incur liens, as well as certain financial covenants specified in the indentures. We were in compliance with all covenants as of September 30, 2026.
2028 Convertible Notes and Capped Call Transactions
In November 2023, we issued $1.73 billion aggregate principal amount of 0.875% convertible senior notes due in 2028 (the “2028 Convertible Notes”). The interest is payable semi-annually in arrears. The indenture governing the 2028 Convertible Notes does not contain any financial or operating covenants or restrictions on the payments of dividends, the incurrence of indebtedness or the issuance or repurchase of securities by us or any of our subsidiaries. We used a portion of the net proceeds from this offering to fund the cost of entering into the capped call transactions (the “Capped Calls”) for approximately $141 million. The Capped Calls have an initial cap price of $95.81 per share and are classified as equity with no subsequent remeasurement.
Holders of the 2028 Convertible Notes may convert their notes at their option at any time prior to the close of business on the business day immediately preceding September 1, 2028 only under the following circumstances: (i) during any calendar quarter (and only during such calendar quarter), if the last reported sale price of our common stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter, is greater than or equal to 130% of the conversion price on each applicable trading day; (ii) during the five business day period after any ten consecutive trading day period (the “2028 Convertible Notes measurement period”) in which the trading price (as defined in the indenture governing the 2028 Convertible Notes) per $1,000 principal amount of notes for each trading day of the 2028 Convertible Notes measurement period was less than 98% of the product of the last reported sale price of our common stock and the conversion rate on each such trading day; (iii) if we call such notes for redemption, at any time prior to the close of business on the scheduled trading day immediately preceding the applicable redemption date; or (iv) upon the occurrence of specified
corporate events. On or after September 1, 2028 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their notes at any time, regardless of the foregoing circumstances.
As of September 30, 2026, none of the conditions that would permit holders of the 2028 Convertible Notes to convert their notes prior to maturity were satisfied. In the event holders become entitled to convert the notes, we have the intent and ability to refinance the 2028 Convertible Notes on a long-term basis using our existing revolving credit agreement as described below. Accordingly, the 2028 Convertible Notes remain classified as long-term debt as of September 30, 2026. The initial conversion rate is 13.7848 shares of the common stock per $1,000 principal amount of notes, equivalent to an initial conversion price of approximately $72.54 per share of the common stock. The conversion rate will be subject to adjustment in some events but will not be adjusted for any accrued and unpaid interest. Upon conversion of the 2028 Convertible Notes, we must pay cash up to the aggregate principal amount of the notes to be converted and pay or deliver as the case may be, cash, shares of our common stock, or a combination of cash and shares of our common stock, at our election in respect of the remainder, if any, of our conversion obligation in excess of the aggregate principal amount of the notes being converted.
We may not redeem the notes prior to December 5, 2026. We may redeem for cash all or any portion of the notes, at our option, on or after December 5, 2026, if the last reported sale price of our common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which we provide notice of redemption at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.
The fair value of our 2028 Convertible Notes was $2.0 billion as of September 30, 2026 and was determined based on quoted prices in markets that are not active, which is considered a Level 2 valuation input.
For the three and nine months ended September 30, 2025 and 2026, interest expense with respect to our convertible notes, which includes the amortization of debt discount and issuance costs, was immaterial.
2028 Exchangeable Senior Notes
In May 2025, we issued $1.15 billion aggregate principal amount of 0.00% exchangeable senior notes due in 2028 to an investment bank acting as initial purchaser (the “Initial Purchaser”), including the exercise in full by the Initial Purchaser of the 2028 Exchangeable Senior Notes of its option to purchase up to an additional $150 million aggregate principal amount of the 2028 Exchangeable Senior Notes. The 2028 Exchangeable Senior Notes were issued in a private placement to the Initial Purchaser in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and the Initial Purchaser subsequently resold to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act of 1933, as amended. The 2028 Exchangeable Senior Notes will not bear regular interest, and the principal amount of the notes will not accrete. The 2028 Exchangeable Senior Notes will mature on May 15, 2028, unless earlier exchanged, redeemed or repurchased. Upon exchange of the 2028 Exchangeable Senior Notes, we, at our election, may deliver cash, or, subject to certain conditions, units of reference property (a “unit of reference property”), or a combination of cash and units of reference property. Initially, each unit of reference property is comprised of one share of Aurora Class A common stock.
The initial exchange rate is 117.6471 shares of the Aurora Class A common stock per $1,000 principal amount of notes, equivalent to an initial conversion price of approximately $8.50 per share of the Aurora Class A common stock. The exchange rate will be subject to adjustment in some events. In addition, following certain corporate events involving us or Aurora that occur prior to the maturity date or if we deliver a notice of redemption, Uber will, in certain circumstances, increase the exchange rate for a holder who elects to exchange its notes in connection with such a corporate event or exchange its 2028 Exchangeable Senior Notes called (or deemed called) for redemption during the related redemption period, as the case may be.
Holders of the 2028 Exchangeable Senior Notes may exchange their notes at their option at any time prior to the close of business on the business day immediately preceding February 15, 2028 only under the following circumstances: (1) during any calendar quarter commencing after the calendar quarter ending on September 30, 2025 (and only during such calendar quarter), if the value of a unit of reference property for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the exchange price then in effect on each applicable trading day; (2) during the five business day period after any ten consecutive trading day period (the “2028 Exchangeable Senior Notes measurement period”) in which the trading price (as defined in the indenture governing the 2028 Exchangeable Senior Notes) per $1,000 principal amount of notes for each trading day of the 2028 Exchangeable Senior Notes measurement period was less than 98% of the product of the value of a unit of reference property and the exchange rate on each such trading day; (3) if we call the notes for redemption, at any time prior to the close of business on the second scheduled trading day immediately preceding the redemption date, but only with respect to the notes called (or deemed called) for redemption; or (4) upon the occurrence of specified corporate events. On or after February 15, 2028 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may exchange all or any portion of their notes at their option at any time, regardless of the foregoing conditions.
As of September 30, 2026, none of the conditions permitting the holders of the 2028 Exchangeable Senior Notes to exchange their notes early had been met. Therefore, the 2028 Exchangeable Senior Notes were classified as long-term.
We may not redeem the notes prior to May 21, 2027. We may redeem for cash all or any portion of the notes, at our option, on or after May 21, 2027 if the value of a unit of reference property has been at least 130% of the exchange price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which we provide the notice of redemption at a redemption price equal to 100% of the principal amount of the 2028 Exchangeable Senior Notes to be redeemed, plus accrued and unpaid special interest, if any, to, but excluding, the redemption date.
The indenture governing the 2028 Exchangeable Senior Notes does not contain any financial or operating covenants or restrictions on the payments of dividends, the incurrence of indebtedness or the issuance or repurchase of securities by us or any of our subsidiaries.
We have elected to account for the 2028 Exchangeable Senior Notes in its entirety at fair value in our condensed consolidated financial statements due to the readily available market price of identical debt instruments. Changes in the fair value included in earnings are recorded in other income (expense), net within the condensed consolidated statement of operations, and the changes in fair value attributable to instrument-specific credit risk are recognized in other comprehensive income (loss).
Credit Agreement
On August 6, 2026, we entered into a Revolving Credit Agreement (“Credit Agreement”) that provides for $7.7 billion in aggregate amount of commitments for senior unsecured revolving loans, which will mature on August 6, 2031 unless otherwise extended in accordance with the terms of the Credit Agreement. The Credit Agreement replaced our prior credit agreement entered into in September 2024, which provided for $5.0 billion in aggregate amount of commitments and was scheduled to mature in September 2029, and which was terminated concurrently with our entry into the Credit Agreement. There were no borrowings outstanding under the prior credit agreement at the time of its termination. At closing, approximately $324 million of letters of credit have been issued under the Credit Agreement, transitioned from outstanding letters of credit under the then-existing revolving credit agreement, but no borrowings have been drawn.
The Credit Agreement provides that we may obtain, subject to the satisfaction of customary conditions, loans in U.S. Dollars or certain alternate currencies. Proceeds from any borrowings under the Credit Agreement may be used for general corporate purposes. The Credit Agreement is unsecured and is not guaranteed by our subsidiaries. Loans under the Credit Agreement will bear interest, at the option of the Company, at either the term SOFR rate (determined in accordance with the Credit Agreement) plus an applicable margin or the base rate (determined in accordance with the Credit Agreement) plus an applicable margin. Loans denominated in alternative currencies will bear interest at the applicable alternative currency rate plus an applicable margin.
The Credit Agreement contains customary covenants restricting our and certain of our subsidiaries' ability to incur liens, certain of our subsidiaries' ability to incur debt, and our ability to undergo certain fundamental changes, as well as a financial covenant. The Credit Agreement also contains customary events of default. As of December 31, 2025 and September 30, 2026, there was no balance outstanding on the Credit Agreement, and we were in compliance with all covenants in the Credit Agreement.
Letters of Credit
For purposes of securing obligations related to leases, insurance contracts, and other contractual obligations, we also maintain agreements for letters of credit. As of December 31, 2025 and September 30, 2026, we had letters of credit outstanding of $1.9 billion and $2.1 billion, respectively, of which the letters of credit that reduced the available credit under the Credit Agreement were $343 million and $351 million, respectively.
Commercial Paper
In June 2025, we established a commercial paper program (the “Program”) under which we may issue unsecured commercial paper notes, not to exceed $2.0 billion outstanding at any time, with maturities of up to 397 days. The commercial paper notes will rank at least pari passu in right of payment with all of our other unsecured and unsubordinated indebtedness except any indebtedness owing to creditors whose claims are mandatorily preferred by laws of general application. We intend to use the net proceeds of the Program for general corporate purposes. As of September 30, 2026, we had no commercial paper notes outstanding.
v3.26.3
Supplemental Financial Statement Information
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Financial Statement Information
Note 6 – Supplemental Financial Statement Information
Accounts Receivable
The allowance for credit losses on accounts receivable was $91 million and $118 million as of December 31, 2025 and September 30, 2026, respectively.
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets were as follows (in millions):
As of
December 31, 2025September 30, 2026
Prepaid expenses$408 $525 
Other current assets1,494 2,233 
Prepaid expenses and other current assets$1,902 $2,758 
Accrued and Other Current Liabilities
Accrued and other current liabilities were as follows (in millions):
As of
December 31, 2025September 30, 2026
Accrued legal, regulatory and non-income taxes$2,052 $2,205 
Accrued Drivers and Merchants liability1,626 1,936 
Accrued compensation and employee benefits777 817 
Income and other tax liabilities1,033 1,020 
Other2,263 2,653 
Accrued and other current liabilities$7,751 $8,631 
Other Long-Term Liabilities
Other non-current liabilities were as follows (in millions):
As of
December 31, 2025September 30, 2026
Deferred tax liabilities$31 $25 
Other381 523 
Other non-current liabilities$412 $548 
Other Income (Expense), Net
The components of other income (expense), net were as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Foreign currency exchange gains (losses), net$(35)$(228)$112 $(197)
Gains (losses) on debt and equity securities, net1,471 (476)1,505 (338)
Other, net
(10)88 (117)(233)
Other income (expense), net$1,426 $(616)$1,500 $(768)
v3.26.3
Stockholders' Equity
 9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Stockholders' Equity
Note 7 – Stockholders' Equity
Stock Option and SAR Activity
A summary of stock option and SAR activity for the nine months ended September 30, 2026 is as follows (in millions, except share amounts which are reflected in thousands, per share amounts, and years):
SARs Outstanding Number of SARsOptions Outstanding Number of SharesWeighted-Average Exercise Price Per ShareWeighted-Average Remaining Contractual Life (in years)Aggregate Intrinsic Value
As of December 31, 202516 5,868 $48.72 4.79$194 
Granted— 620 $75.51 
Exercised(9)(608)$38.90 
Canceled and forfeited— (331)$58.34 
As of September 30, 20267 5,549 $52.23 4.27$100 
Exercisable as of September 30, 20267 3,258 $42.21 3.43$88 
RSU Activity
The following table summarizes the activity related to our RSUs for the nine months ended September 30, 2026 (in thousands, except per share amounts):
Number of SharesWeighted-Average
 Grant-Date Fair
 Value per Share
Unvested and outstanding as of December 31, 202557,654 $65.69 
Granted41,401 $73.39 
Vested(25,268)$58.75 
Canceled and forfeited(8,248)$70.20 
Unvested and outstanding as of September 30, 202665,539 $72.66 
Stock-Based Compensation Expense
Stock-based compensation expense is allocated based on the cost center to which the award holder belongs. The following table summarizes total stock-based compensation expense by function (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Operations and support$58 $67 $169 $198 
Sales and marketing26 28 78 80 
Research and development278 333 826 955 
General and administrative103 166 302 390 
Total$465 $594 $1,375 $1,623 
As of September 30, 2026, there was $4.2 billion of unamortized compensation costs related to all unvested awards. The unamortized compensation costs are expected to be recognized over a weighted-average period of approximately 2.81 years.
The income tax benefits recognized in the condensed consolidated statements of operations for stock-based compensation expense were not material during the three months ended September 30, 2025 and 2026, respectively, and were $363 million and $392 million during the nine months ended September 30, 2025 and 2026, respectively
Share Repurchase Program
In July 2025, our board of directors authorized an additional $20.0 billion for the repurchase of common stock (“Share Repurchase Program”). The timing, manner, price and amount of any repurchases are determined by the discretion of management, depending on market conditions and other factors. Repurchases may be made through open market purchases and accelerated share repurchases. The exact number of shares to be repurchased by us, if any, is not guaranteed. Depending on market conditions and other factors, these repurchases may be commenced or suspended at any time or periodically without prior notice.
During the three and nine months ended September 30, 2025, we repurchased, and subsequently retired, 15.7 million and 58.6 million shares of common stock for $1.5 billion and $4.6 billion, respectively, excluding broker commissions and fees.
During the three and nine months ended September 30, 2026, we repurchased, and subsequently retired, 10.0 million and 56.6 million shares of common stock for $750 million and $4.3 billion, respectively, excluding broker commissions and fees. As of September 30, 2026, we had approximately $15.0 billion available to repurchase shares pursuant to the Share Repurchase Program.
The Inflation Reduction Act imposed a nondeductible 1% excise tax on the net value of certain stock repurchases. During the three and nine months ended September 30, 2025 and 2026, the excise tax on net share repurchases was not material.
v3.26.3
Income Taxes
 9 Months Ended
Sep. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes
Note 8 – Income Taxes
We compute our quarterly income tax expense/(benefit) by using a forecasted annual effective tax rate and adjust for any discrete items arising during the quarter. We recorded an income tax expense/(benefit) of $(4.0) billion and $(4.3) billion for the three and nine months ended September 30, 2025, respectively, and $244 million and $1.3 billion for the three and nine months ended September 30, 2026, respectively. During the three and nine months ended September 30, 2025, the income tax expense was primarily driven by the release of our valuation allowance on the Netherlands’ deferred tax assets, offset by tax expense on our earnings. During the three months ended September 30, 2026, the income tax expense was primarily driven by the tax expense on our earnings, offset by the deferred U.S. tax impact related to our equity securities. During the nine months ended September 30, 2026, the income tax expense was primarily driven by the tax expense on our earnings and the deferred U.S. tax impact related to our equity securities.
During the nine months ended September 30, 2026, the movement in our gross unrecognized tax benefits is not material.
We are subject to taxation in the U.S. and various state and foreign jurisdictions. We are also under routine examination by federal, various state and foreign tax authorities. We believe that adequate amounts have been reserved in these jurisdictions. To the extent we have tax attribute carryforwards, the tax years in which the attribute was generated may still be adjusted upon examination by the federal, state or foreign tax authorities to the extent utilized in a future period. For our major tax jurisdictions, the tax years 2008 through 2026 remain open; the major tax jurisdictions are the U.S., Australia, Netherlands, and the United Kingdom (“UK”).
We regularly assess the need for a valuation allowance against our deferred tax assets. In making that assessment, we consider both positive and negative evidence related to the likelihood of realization of the deferred tax assets to determine, based on the weight of all available evidence, whether it is more-likely-than-not that some or all of the deferred tax assets will be realized.
Based on all available positive and negative evidence, we continue to maintain a valuation allowance against the California R&D credits, as we believe it is not more-likely-than-not to be realized, as we expect R&D tax credit generation to exceed our ability to use these credits in future periods.
We will continue to monitor the need for a valuation allowance against our deferred tax assets on a quarterly basis.
v3.26.3
Net Income Per Share
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Share
Note 9 – Net Income Per Share
Basic net income per share is computed by dividing net income by the weighted-average number of common shares outstanding for the periods presented. Diluted net income per share is computed by giving effect to all potential weighted average dilutive common stock. For diluted net income per share, the dilutive effect of outstanding awards is reflected by application of the treasury stock method and convertible securities by application of the if-converted method, as applicable.
We take into account the effect on consolidated net income per share of dilutive securities of entities in which we hold equity interests that are accounted for using the equity method.
The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in millions, except share amounts which are reflected in thousands, and per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Basic net income per share:
Numerator
Net income including non-controlling interests$6,652 $569 $9,776 $3,267 
Net income attributable to non-controlling interests, net of tax26 57 19 98 
          Net income attributable to common stockholders$6,626 $512 $9,757 $3,169 
Denominator
Basic weighted-average common stock outstanding2,084,180 2,038,364 2,089,220 2,042,245 
Basic net income per share attributable to common stockholders (1)
$3.18 $0.25 $4.67 $1.55 
Diluted net income per share:
Numerator
     Net income attributable to common stockholders$6,626 $512 $9,757 $3,169 
Assumed net loss attributable to Freight Holding contingently issuable shares(13)— (40)— 
     Diluted net income attributable to common stockholders$6,613 $512 $9,717 $3,169 
Denominator
     Number of shares used in basic net income per share computation2,084,180 2,038,364 2,089,220 2,042,245 
     Dilutive effect of equity awards30,106 9,595 28,51012,094 
     Dilutive effect of Freight Holding contingently issuable shares522 — 794 7 
     Dilutive effect of conversion of debt securities7,262 191 3,448 604 
     Dilutive effect of other contingently issuable shares2,321 2,174 2,321 2,272 
     Diluted weighted-average common stock outstanding2,124,391 2,050,324 2,124,293 2,057,222 
Diluted net income per share attributable to common stockholders (1)
$3.11 $0.25 $4.57 $1.54 
(1) Per share amounts are calculated using unrounded numbers and therefore may not recalculate.
During the three and nine months ended September 30, 2025, approximately 3 million shares of common stock underlying equity awards were excluded from the computation of diluted net income per share during the periods presented because their effect would have been antidilutive.
During the three and nine months ended September 30, 2026, approximately 53 million and 13 million, respectively, shares of common stock underlying equity awards were excluded from the computation of diluted net income per share during the periods presented because their effect would have been antidilutive.
v3.26.3
Segment Information and Geographic Information
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Information and Geographic Information
Note 10 – Segment Information and Geographic Information
We determine our operating segments based on how the chief operating decision maker (“CODM”), our Chief Executive Officer, manages the business, allocates resources, makes operating decisions and evaluates operating performance.
Our three operating and reportable segments are as follows:

Segment
Description
MobilityMobility products connect consumers with Drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. Mobility also includes activity related to our financial partnerships products and advertising.
Delivery
Delivery offerings allow consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered. In certain markets, Delivery provides offerings for grocery, alcohol, and convenience store delivery as well as select other goods. We refer to the grocery, alcohol, convenience and retail categories collectively as Grocery & Retail. Delivery also includes advertising.
Freight
Freight connects Carriers with Shippers on our platform, and gives Carriers upfront, transparent pricing and the ability to book a shipment. Freight also includes transportation management and other logistics services offerings.
Beginning in the first quarter of 2026, we changed our segment operating performance measure from Segment Adjusted EBITDA to Segment Operating Income. Segment Operating Income excludes certain non-cash items or items that management does not believe are reflective of our ongoing operating performance. Segment results for the comparable prior period have been recast to reflect these changes.
Our segment operating performance measure is Segment Operating Income. The CODM uses Segment Operating Income to evaluate segment operating performance, generate future operating plans, and make strategic decisions. The CODM does not evaluate operating segments using asset information and, accordingly, we do not report asset information by segment. Segment Operating Income excludes non-cash items or items that management does not believe are reflective of our ongoing core operations (as shown in the tables below).
The following tables provides information about our segments and a reconciliation to income before income taxes and loss from equity method investments (in millions):
Three Months Ended September 30, 2025
MobilityDeliveryFreightTotal
Revenue (1)
$7,682 $4,477 $1,308 $13,467 
Platform Participant direct transaction costs (2)
(2,359)(1,874)(1,181)(5,414)
Other (3)
(3,459)(1,792)(167)(5,418)
Segment Operating Income (Loss)$1,864 $811 $(40)2,635 
Reconciling items:
Corporate G&A and Platform R&D (4)
(960)
Amortization of acquired intangible assets(72)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(479)
Goodwill and asset impairments/loss on sale of assets(2)
Acquisition, financing and divestitures related expenses(6)
Restructuring and related charges(3)
Income from operations1,113 
Interest expense(112)
Interest income193 
Other income (expense), net1,426 
Income before income taxes and income/loss from equity method investments$2,620 
Three Months Ended September 30, 2026
MobilityDeliveryFreightTotal
Revenue (1)
$7,520 $5,488 $1,758 $14,766 
Platform Participant direct transaction costs (2)
(1,427)(2,304)(1,615)(5,346)
Other (3)
(3,731)(2,127)(176)(6,034)
Segment Operating Income (Loss)2,362 1,057 (33)3,386 
Reconciling items:
Corporate G&A and Platform R&D (4)
(1,082)
Amortization of acquired intangible assets(82)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(484)
Acquisition, financing and divestitures related expenses(55)
Restructuring and related charges(186)
Settlement of legacy awards(50)
Income from operations1,447 
Interest expense(152)
Interest income176 
Other income (expense), net(616)
Income before income taxes and income/loss from equity method investments$855 
Nine Months Ended September 30, 2025
MobilityDeliveryFreightTotal
Revenue (1)
$21,466 $12,356 $3,829 $37,651 
Platform Participant direct transaction costs (2)
(6,188)(5,029)(3,448)(14,665)
Other (3)
(10,098)(5,079)(472)(15,649)
Segment Operating Income (Loss)$5,180 $2,248 $(91)7,337 
Reconciling items:
Corporate G&A and Platform R&D (4)
(2,802)
Amortization of acquired intangible assets(201)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(507)
Goodwill and asset impairments/loss on sale of assets(2)
Acquisition, financing and divestitures related expenses(28)
Loss on lease arrangement, net(2)
Restructuring and related charges(4)
Income from operations3,791 
Interest expense(325)
Interest income543 
Other income (expense), net1,500 
Income before income taxes and income/loss from equity method investments$5,509 
Nine Months Ended September 30, 2026
MobilityDeliveryFreightTotal
Revenue (1)
$21,681 $15,801 $4,678 $42,160 
Platform Participant direct transaction costs (2)
(4,049)(6,621)(4,283)(14,953)
Other (3)
(11,026)(6,107)(482)(17,615)
Segment Operating Income (Loss)$6,606 $3,073 $(87)9,592 
Reconciling items:
Corporate G&A and Platform R&D (4)
(3,262)
Amortization of acquired intangible assets(202)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(496)
Goodwill and asset impairments/loss on sale of assets(4)
Acquisition, financing and divestitures related expenses(111)
Loss on lease arrangement, net(5)
Restructuring and related charges(202)
Settlement of legacy awards(50)
Income from operations5,260 
Interest expense(387)
Interest income523 
Other income (expense), net(768)
Income before income taxes and income/loss from equity method investments$4,628 
(1) We offer subscription memberships to end-users including Uber One, Uber Pass, Rides Pass, and Eats Pass (“Subscription”). We recognize Subscription fees ratably over the life of the pass. We allocate Subscription fees earned to Mobility and Delivery revenue on a proportional basis, based on usage for each offering during the respective period.
(2) Platform Participant direct transaction costs primarily consist of (i) costs paid directly to Platform Earners on our platform recorded in cost of revenue, excluding depreciation and amortization; and (ii) incentives to end-users recorded in sales and marketing.
(3) Other primarily consists of non-Platform Participant costs, including: (i) trip insurance, payment card fees and bank fees, customer support and technology costs; (ii) other operating costs, primarily related to employee headcount costs (including stock-based compensation), contractor and professional service expenses and brand marketing; (iii) costs related to bringing new Platform
Earners and new Platform end-users to the Platform recorded in costs and expenses; and (iv) depreciation and amortization (excluding amortization of acquired intangible assets).
(4) Includes costs that are not directly attributable to our reportable segments. Corporate G&A also includes certain shared costs such as finance, accounting, tax, human resources, information technology and legal costs. Platform R&D also includes mapping and payment technologies and support and development of the internal technology infrastructure. Our allocation methodology is periodically evaluated and may change.
(5) Legal, non-income tax, and regulatory reserve changes and settlements are primarily related to certain significant legal proceedings or governmental investigations related to worker classification definitions, or tax agencies challenging our non-income tax positions. These matters have limited precedent, cover extended historical periods and are unpredictable in both magnitude and timing, therefore are distinct from normal, recurring legal, non-income tax and regulatory matters and related expenses incurred in our ongoing operating performance.
Geographic Information
The following table presents our revenues disaggregated by geographical region. Revenue by geographical region is based on where the transaction occurred. This level of disaggregation takes into consideration how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
United States and Canada ("US&CAN")$6,698 $7,814 $19,478 $22,552 
Latin America ("LatAm")829 1,100 2,335 3,099 
Europe, Middle East and Africa ("EMEA")4,388 3,975 11,606 11,147 
Asia Pacific ("APAC")1,552 1,877 4,232 5,362 
Total revenue$13,467 $14,766 $37,651 $42,160 
v3.26.3
Commitments and Contingencies
 9 Months Ended
Sep. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Note 11 – Commitments and Contingencies
Contingencies
From time to time, we are a party to various claims, non-income tax audits and litigation in the normal course of business. As of December 31, 2025 and September 30, 2026, we had recorded aggregate liabilities of $2.1 billion and $2.2 billion, respectively, of which $215 million and $586 million, respectively, relate to non-income tax matters in accrued and other current liabilities on the condensed consolidated balance sheets for all of our legal, regulatory and non-income tax matters that were probable and reasonably estimable.
We are currently party to various legal and regulatory matters that have arisen in the normal course of business and include, among others, alleged independent contractor misclassification claims, Fair Credit Reporting Act (“FCRA”) claims, alleged background check violations, pricing and advertising claims, unfair competition claims, intellectual property claims, employment discrimination and other employment-related claims, Americans with Disabilities Act (“ADA”) claims, data and privacy claims, securities claims, antitrust claims, challenges to regulations, and other matters. We have existing litigation, including class actions, Private Attorney General Act lawsuits, arbitration claims, and governmental administrative and audit proceedings, asserting claims by or on behalf of Drivers that Drivers are misclassified as independent contractors. We may receive misclassification claims in several jurisdictions across the United States for the foreseeable future. With respect to our outstanding legal and regulatory matters, based on our current knowledge, we believe that the ultimate amount or range of reasonably possible loss will not, either individually or in the aggregate, have a material adverse effect on our business, financial position, results of operations, or cash flows. The outcome of such legal matters is inherently unpredictable and subject to significant uncertainties. If one or more of these matters were resolved against us for amounts in excess of management's expectations, our results of operations, financial condition or cash flows could be materially adversely affected.
Driver Classification
California Attorney General Lawsuit
In January 2020, AB5 went into effect. AB5 codifies a test to determine whether a worker is an employee under California law. The test is referred to as the “ABC” test, and was originally handed down by the California Supreme Court in Dynamex Operations v. Superior Court in 2018. Under the ABC test, workers performing services for a hiring entity are considered employees unless the hiring entity can demonstrate three things: the worker (A) is free from the hiring entity’s control, (B) performs work that is outside the usual course of the hiring entity’s business, and (C) customarily engages in the independent trade, work or type of business performed for the hiring entity.
On May 5, 2020, the California Attorney General, in conjunction with the city attorneys for San Francisco, Los Angeles and San Diego, filed a complaint in San Francisco Superior Court against Uber and Lyft, Inc. (“Lyft”). The complaint alleges drivers are misclassified, and seeks an injunction and monetary damages related to the alleged competitive advantage caused by the alleged misclassification of drivers.
On August 10, 2020, the Court issued a preliminary injunction order, prohibiting us from classifying drivers as independent contractors and from violating various wage and hour laws. The injunction was stayed pending appeal. On October 22, 2020, the Court of Appeal affirmed the lower court’s ruling, and we filed a petition for review of the decision with the California Supreme Court. The petition was based upon the passage of Proposition 22 by California voters in November 2020, and requested that the Court of Appeal opinion be vacated because AB5’s application to Uber was superseded by Proposition 22.
Proposition 22 was a state ballot initiative that provides a framework for drivers that use platforms like ours to qualify as independent workers. As a result of the passage of Proposition 22, drivers are able to maintain their status as independent contractors under California law, and we and our competitors are required to comply with the provisions of Proposition 22. Proposition 22 went into effect on December 16, 2020.
The California Supreme Court declined the petition for review on February 10, 2021. The lawsuit was returned to the trial court following the appellate proceedings on February 22, 2021. On April 12, 2021, the California Attorney General, Uber and Lyft filed a stipulation to dissolve the preliminary injunction with the trial court. On April 16, 2021, the trial court signed an order granting the stipulation. Although the preliminary injunction has been dissolved, the lawsuit remains ongoing relating to claims by the California Attorney General for periods prior to enactment of Proposition 22. The parties petitioned to stay this matter pending coordination with other California employment related matters, which was granted and a coordination judge was assigned. The case had been stayed pending appeal of the denial of a motion to compel arbitration, however the California Supreme Court denied review on January 17, 2024, and the case was remitted back to the Superior Court on January 29, 2024 for further proceedings. On July 2, 2024, the Superior Court lifted the stay. We intend to continue to vigorously defend ourselves. The ultimate resolution of these matters is uncertain and the amount accrued is recorded within accrued and other current liabilities on the condensed consolidated balance sheet as of September 30, 2026.
Swiss Social Security Rulings
Several Swiss administrative bodies have issued decisions in which they classify Drivers or Couriers as employees of Uber for social security or labor purposes. We are challenging them before the Social Security and Administrative Tribunals. On March 21, 2023, the Federal Tribunal ruled that Drivers who have used the Uber App in 2014 qualify as employees for social security purposes. In October 2024, the Social Security authority decided that the changes to our 2023 model are not sufficient to classify Drivers as independent contractors. We have filed an appeal against this decision. During the first quarter of 2025, we separately have resolved the social security dispute for Drivers for the years 2014 to July 2020 with the SVA Zürich authority. We continue to litigate the amounts of social security contributions at issue through 2022.
On June 3, 2022, the Federal Tribunal issued two rulings by which both Drivers and Couriers in the Canton of Geneva are classified as employees of Uber B.V., Uber Portier B.V. and Uber Switzerland GmbH. Following the ruling of the Federal Tribunal on Eats, the Social Security authorities claimed the payment of social security contributions since the launch of Uber Eats. We are litigating this claim.
The ultimate resolution of the matters before the social security authorities is uncertain and the amount accrued for those matters is recorded within accrued and other current liabilities on the condensed consolidated balance sheet as of September 30, 2026.
URSSAF Assessment
In December 2024, the Social Security authorities in France (“URSSAF”) issued a letter of observations to Uber, proposing a reassessment of social security contributions. In February 2025, Uber submitted a formal response, strongly contesting the basis of URSSAF's position. URSSAF replied with an assessment in June 2025, which Uber has appealed and vigorously challenged. The ultimate resolution of the matter is uncertain and the amount accrued is recorded within accrued and other current liabilities on the condensed consolidated balance sheet as of September 30, 2026.
Other Driver Classification Matters
Additionally, we have received other lawsuits and governmental inquiries in other jurisdictions, and anticipate future claims, lawsuits, arbitration proceedings, administrative actions, and government investigations and audits challenging our classification of Drivers as independent contractors and not employees. We believe that our current and historical approach to classification is supported by the law and intend to continue to defend ourselves vigorously in these matters. However, the results of litigation and arbitration are inherently unpredictable and legal proceedings related to these claims, individually or in the aggregate, could have a material impact on our business, financial condition, results of operations and cash flows. Regardless of the outcome, litigation and arbitration of these matters can have an adverse impact on us because of defense and settlement costs individually and in the aggregate, diversion of management resources and other factors.
State Unemployment Taxes
New Jersey Department of Labor
In 2018, the New Jersey Department of Labor (“NJDOL”) opened an audit reviewing whether Drivers were independent contractors or employees for purposes of determining whether unemployment insurance regulations apply from 2014 through 2018. The NJDOL made an assessment on November 12, 2019, against Uber and its subsidiaries. Both assessments were calculated through November 15, 2019, but only calculated the alleged contributions, penalties, and interests owed from 2014 through 2018. The NJDOL has provided several assessments from February through October 2021. We have submitted payment for the principal revised amount of the assessment and have since reached agreement on and paid the remaining amounts allegedly owed from 2014 through 2018.
In 2023, the NJDOL initiated an audit for the period of 2019 through the second quarter of 2023. In December 2024, the NJDOL issued a preliminary assessment, which Uber immediately disputed and requested a Hearing for Redetermination of the assessment. The case is currently being litigated before the New Jersey Office of Administrative Law. The ultimate resolution of the NJDOL matters is uncertain, and the amount accrued for those matters is recorded within accrued and other current liabilities on the condensed consolidated balance sheet as of September 30, 2026.
Non-Income Tax Matters
We recorded an estimated liability for contingencies related to non-income tax matters and are under audit by various domestic and foreign tax authorities with regard to such matters.
The subject matter of these contingent liabilities and non-income tax audits primarily arise from the characterization for tax purposes of the transactions on the platform, as well as the application of certain employee benefits and employment and income taxes to our Drivers and Couriers. In jurisdictions with disputes connected to transactions on the platform, disputes involve the applicability of transactional taxes (such as sales tax, VAT, GST and similar taxes) or gross receipts taxes. In jurisdictions with disputes connected to employment or income taxes, disputes involve the applicability of withholding taxes related to employment taxes or back-up income tax withholding on payments made to Drivers, Couriers, and Merchants.
Our estimated liability is inherently subjective due to the complexity and uncertainty of these matters and the judicial processes in certain jurisdictions; therefore, the final outcome could be materially different from the estimated liability recorded.
United Kingdom
As of March 14, 2022, we modified our operating model in the UK, such that as of that date Uber UK became a merchant of transportation and is required to remit VAT. Uber UK began remitting VAT under the Value Added (Tour Operators) Order 1987 (“VAT Order 1987”), which allows for VAT remittance on a calculated margin, rather than on Gross Bookings.
Due to a legislative change effective from January 2, 2026, UK Private Hire Operators are no longer permitted to apply the VAT Order 1987 in respect of supplies made on or after that date. Accordingly, Uber UK ceased applying the VAT Order 1987 after January 2, 2026.
As of September 30, 2026, we have received multiple assessments from His Majesty's Revenue & Customs (“HMRC”) disputing our application of VAT Order 1987 for the period of March 2022 to December 2025, totaling approximately $3.4 billion (£2.6 billion) for unpaid VAT. Uber paid $1.9 billion (£1.4 billion) and expects to pay the outstanding balance of $1.5 billion (£1.2 billion) of the assessed amounts in order to proceed with the appeal process. The payments do not represent our acceptance of the assessments.
The payments made in 2023 through 2025 are recorded as a receivable in other assets on our condensed consolidated balance sheet because we believe that we will be successful in our appeal, upon which, the full amount of our payments will be returned to us with interest upon completion of the appeals process. Payments for the outstanding balance would decrease operating cash flow and have no impact on our results of operations. For periods March 2022 to December 2025, we plan to vigorously defend our application of the VAT Order 1987 and are waiting to obtain hearing dates from the Tax Tribunal. In addition, the application of VAT rules to our UK operations following the January 2, 2026 legislative changes involves significant judgment and could be subject to challenge by HMRC.
Australia Payroll Tax
On November 3, 2026, the High Court of Australia ruled against us in our challenge to New South Wales (“NSW”) payroll tax assessments for July 2014 through June 2020. Given the unprecedented nature of this ruling, we evaluated the impact to other relevant Australian states and territories. The amount accrued for this matter is recorded within accrued and other current liabilities on the condensed consolidated balance sheet as of September 30, 2026.
Other Legal and Regulatory Matters
We have been or are currently subject to various government inquiries and investigations surrounding the legality of certain of our business practices, compliance with antitrust, anti-bribery and anti-corruption laws (including the Foreign Corrupt Practices Act) and other global regulatory requirements, labor laws, securities laws, data protection and privacy laws, consumer protection laws, environmental laws, anti-discrimination law, and the infringement of certain intellectual property rights. We are investigating many of
these matters and are implementing a number of recommendations to our managerial, operational and compliance practices, as well as strengthening our overall governance structure. In many cases, we are unable to predict the outcomes and implications of these inquiries and investigations on our business, which could be time consuming, costly to investigate, and require significant management attention. Furthermore, the outcome of these inquiries and investigations could negatively impact our business, reputation, financial condition, and operating results, including possible fines and penalties and requiring changes to operational activities and procedures.
We have been and expect to continue to be subject to personal injury claims for compensation based on traffic accidents, deaths, injuries, or other incidents that occur on our platform even when Drivers, consumers, or third parties are not actively using our platform. Various plaintiffs have also coordinated and may in the future attempt to coordinate personal injury claims in various jurisdictions through mass tort or similar proceedings. We use a combination of third-party insurance and self-insurance mechanisms to provide for personal injury risks. Our insurance reserves include unpaid losses and loss adjustment expenses related to these claims.
Indemnifications
In the ordinary course of business, we often include standard indemnification provisions in our arrangements with third parties. Pursuant to these provisions, we may be obligated to indemnify such parties for losses or claims suffered or incurred in connection with their activities or non-compliance with certain representations and warranties made by us. In addition, we have entered into indemnification agreements with our officers, directors, and certain current and former employees, and our certificate of incorporation and bylaws contain certain indemnification obligations. It is not possible to determine the maximum potential loss under these indemnification provisions / obligations because of the unique facts and circumstances involved in each particular situation.
v3.26.3
Variable Interest Entities
 9 Months Ended
Sep. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Variable Interest Entities
Note 12 – Variable Interest Entities
Consolidated VIEs
We consolidate VIEs in which we hold a variable interest and are the primary beneficiary. We are the primary beneficiary because we have the power to direct the activities that most significantly impact the economic performance of these VIEs. As a result, we consolidate the assets and liabilities of these VIEs.
Uber Freight Holding Corporation
Total assets included on the condensed consolidated balance sheets for our consolidated VIE, Uber Freight Holding Corporation (“Freight Holding”), as of December 31, 2025 and September 30, 2026 were $3.3 billion and $3.6 billion, respectively. Total liabilities included on the condensed consolidated balance sheets as of December 31, 2025 and September 30, 2026 were $726 million and $954 million, respectively.
As of September 30, 2026, we own the majority of the issued and outstanding capital stock of Freight Holding and report a non-controlling interest as further described in Note 13 – Non-Controlling Interests.
Unconsolidated VIEs
We do not consolidate VIEs in which we hold a variable interest but are not the primary beneficiary because we lack the power to direct the activities that most significantly impact the entities’ economic performance. We are exposed to these unconsolidated VIEs’ economic risks and rewards through the related carrying amount of assets and liabilities and any financial guarantees, which represent variable interests. Our unconsolidated VIEs consist of investments in privately held companies, primarily vehicle fleet operators.
Our carrying amounts of assets recognized on the condensed consolidated balance sheets and maximum exposure to loss related to unconsolidated VIEs were (in millions):
As of
December 31, 2025September 30, 2026
Total assets (1)
$1,329 $1,176 
Maximum exposure to loss (2)
1,509 1,260 
(1) Total assets includes a term loan to Moove Cars Mobility (“Moove”). As of December 31, 2025 and September 30, 2026, the term loan to Moove was $384 million and $449 million, respectively, and accounted for as a loan receivable, carried at amortized cost recorded within other non-current assets on the condensed consolidated balance sheets. In 2021, we entered into and completed a series of agreements with Moove, including (i) an equity investment, through preferred shares, (ii) a term loan to Moove, and (iii) a commercial partnership agreement. After this series of agreements, Moove is considered a related party. Our carrying amounts of liabilities recognized on the condensed consolidated balance sheets were not material as of December 31, 2025 and September 30, 2026.
(2) Our maximum exposure to loss includes the carrying amounts of assets and liabilities recognized on our condensed consolidated balance sheets as well as immaterial financial guarantees.
v3.26.3
Non-Controlling Interests
 9 Months Ended
Sep. 30, 2026
Noncontrolling Interest [Abstract]  
Non-Controlling Interests
Note 13 – Non-Controlling Interests
Freight Holding
As of both December 31, 2025 and September 30, 2026, we owned 90% of our subsidiary Freight Holding’s capital stock, or 85% and 89%, respectively, on a fully-diluted basis. The minority stockholders of Freight Holding include, among others: (i) holders of Freight Holding’s Series A and A-1 Preferred Stock; and (ii) holders of common equity awards issued under the employee equity incentive plans.
Freight Holding Supplier Financing Program
Freight Holding utilizes a third-party financial institution that allows our suppliers to be paid by the third-party financial institution earlier than the due date on the applicable invoice at a discounted price. In general, supplier invoices financed by the third-party financial institution are due for payment by Freight Holding within 30 days. As of December 31, 2025 and September 30, 2026, the liabilities related to the supplier financing program were immaterial and the amounts are included within accounts payable on the condensed consolidated balance sheets.
Trendyol GO
On June 17, 2025, we closed the acquisition of an 85% controlling stake in Trendyol GO. As of September 30, 2026, our controlling stake in Trendyol GO was 92%. The non-controlling interest in Trendyol GO was classified as redeemable non-controlling interest as it is subject to a put/call agreement that is not solely within our control. The put or call is exercisable in the first quarter of 2031. At each balance sheet date, the carrying value of the redeemable non-controlling interest is adjusted to the estimated redemption value to the extent required. There were no material adjustments for the three and nine months ended September 30, 2026.
Careem Technologies
On July 31, 2026, we obtained a controlling financial interest in Careem Technologies and began consolidating its results. Refer to Note 3 – Equity Method Investments for further information. As of September 30, 2026, the non-controlling interest in Careem Technologies was classified as redeemable non-controlling interest as e& has the right to require us to purchase its remaining interest during the option period beginning in December 2031. At each balance sheet date, the carrying value of the redeemable non-controlling interest will be adjusted to the estimated redemption value to the extent required. There were immaterial adjustments for the three months ended September 30, 2026.
v3.26.3
Business Combinations
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combinations
Note 14 – Business Combinations
SpotHero
On April 16, 2026, we acquired 100% of the outstanding equity of SpotHero, Inc. (“SpotHero”), a leading digital parking aggregator. The total purchase price was $617 million in cash. The acquisition will bring parking reservation capabilities to the Uber application and enable more travel options and benefits for our consumer base.
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):

Fair Value
Goodwill485 
Intangible assets165 
Tangible assets (liabilities), net(33)
Net assets acquired$617 
Total acquired intangible assets were $165 million with a useful life between 3 and 10 years and a weighted average useful life of 8 years. Goodwill was assigned to the Mobility segment. The excess of purchase consideration over the fair value of net tangible and identifiable assets acquired was recorded as goodwill, which is not deductible for tax purposes.
Getir Food Delivery
On July 1, 2026, we acquired 100% of the outstanding equity of Getir Perakende Lojistik A.Ş.'s (“Getir”) food delivery business, an online food delivery platform in Türkiye. The total purchase price was $361 million in cash. The acquisition will expand our Delivery business in the Turkish market.
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill297 
Intangible assets74 
Tangible assets (liabilities), net$(10)
Net assets acquired$361 
Total acquired intangible assets were $74 million with a useful life between 1 and 8 years and a weighted average useful life of 7 years. Goodwill was assigned to the Delivery segment. The excess of purchase consideration over the fair value of net tangible and identifiable assets acquired was recorded as goodwill, which is deductible for tax purposes.
Blacklane
On August 13, 2026, we acquired 100% of the outstanding equity of Blacklane GmbH (“Blacklane”), a Berlin-based global chauffeur service provider. The total purchase price was $554 million in cash. The acquisition will expand our premium and executive transportation offerings globally.
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill439 
Intangible assets95 
Tangible assets (liabilities), net20 
Net assets acquired$554 
Total acquired intangible assets were $95 million with a useful life between 1 and 9 years and a weighted average useful life of 7 years. Goodwill was assigned to the Mobility segment. The excess of purchase consideration over the fair value of net tangible and identifiable assets acquired was recorded as goodwill, which is not deductible for tax purposes.
For all acquisitions discussed above, goodwill is primarily attributable to anticipated operational synergies and the assembled workforce of acquired businesses. The purchase price allocations are preliminary and subject to revision as more detailed analyses are completed and additional information about the fair value of assets acquired and liabilities assumed become available. The results of acquired businesses were included in our condensed consolidated financial statements from their respective acquisition dates. For the three and nine months ended September 30, 2026, acquired businesses collectively contributed an immaterial amount of revenue and loss before taxes.
Pending Acquisition of ezCater
On October 5, 2026, we entered into an agreement to acquire ezCater, Inc., a leading U.S. platform for catering and workplace meals, for approximately $2.3 billion in cash. The transaction is expected to close in the coming months, subject to regulatory approvals and other customary closing conditions.
v3.26.3
Insider Trading Arrangements
 3 Months Ended
Sep. 30, 2026
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.26.3
Description of Business and Summary of Significant Accounting Policies (Policies)
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation
Basis of Presentation
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated balance sheet, as of December 31, 2025, included herein was derived from the audited consolidated financial statements as of that date. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Certain prior period amounts in the condensed consolidated statements of cash flows and operations have been reclassified to conform to the current period presentation, with no impact on total cash flows or previously reported net income. As such, the information included in this Quarterly Report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended December 31, 2025, included in our Annual Report on Form 10-K. The results for the interim periods are not necessarily indicative of results for the full year.
In the opinion of management, these financial statements include all adjustments, which are of a normal recurring nature, necessary for a fair statement of the financial position, results of operations, comprehensive income, cash flows and the change in equity for the periods presented.
There have been no changes to our significant accounting policies described in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 13, 2026, that have had a material impact on our condensed consolidated financial statements and related notes.
Basis of Consolidation
Basis of Consolidation
Our condensed consolidated financial statements include the accounts of Uber Technologies, Inc. and entities consolidated under the variable interest and voting models. All intercompany balances and transactions have been eliminated.
Use of Estimates
Use of Estimates
The preparation of our unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions, which affect the reported amounts in the financial statements and accompanying notes. Estimates are based on historical experience, where applicable, and other assumptions which management believes are reasonable under the circumstances. On an ongoing basis, management evaluates estimates, including, but not limited to: fair values of investments and other financial instruments (including the measurement of credit or impairment losses); useful lives of amortizable long-lived assets; fair value of acquired intangible assets and related impairment assessments; impairment of goodwill; stock-based compensation; income taxes and non-income tax reserves; certain deferred tax assets and tax liabilities; insurance reserves; and other contingent liabilities. These estimates are inherently subject to judgment and actual results could differ from those estimates.
In July 2026, we refined our methodology for allocating network costs across our lines of business and expense categories to more closely reflect actual consumption. This change was a change in estimate and has been applied prospectively beginning July 1,
2026. As a result of this change, certain network costs previously recorded in cost of revenue are now recorded in operating expenses, with no impact on operating income, net income, or basic or diluted earnings per share.
Recently Issued Accounting Pronouncements Not Yet Adopted
Recently Issued Accounting Pronouncements Not Yet Adopted
In November 2024, the FASB issued ASU 2024-03, “Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures,” which requires disclosure of additional information about specific expense categories underlying certain income statement expense line items. The standard will be effective for public companies for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our consolidated financial statements and related disclosures.
In December 2025, the FASB issued ASU 2025-10, “Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities,” which establishes recognition, measurement, and presentation guidance for government grants received by business entities. The standard will be effective for public companies for annual reporting periods beginning after December 15, 2028, and interim reporting periods within those annual reporting periods. Early adoption is permitted. We are currently evaluating the impact of this ASU on our consolidated financial statements and related disclosures.
In May 2026, the FASB issued ASU 2026-02, “Environmental Credits and Environmental Credit Obligations (Topic 818),” which establishes guidance for the recognition, measurement, presentation, and disclosure of environmental credits and environmental credit obligations. The standard will be effective for public companies for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period. We are currently evaluating the impact of this accounting standard update on our consolidated financial statements and related disclosures.
v3.26.3
Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured on Recurring Basis
The following table presents our financial assets and liabilities measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in millions):
As of December 31, 2025As of September 30, 2026
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets
Money market funds$1,624 $— $— $1,624 $2,164 $— $— $2,164 
U.S. government and agency securities— 7,323 — 7,323 — 7,674 — 7,674 
Commercial paper— 715 — 715 — 887 — 887 
Corporate bonds— 2,194 — 2,194 — 2,282 — 2,282 
Certificates of deposit— 72 — 72 — 70 — 70 
Mortgage-backed and asset-backed securities— 22 — 22 — 98 — 98 
Non-marketable equity securities (1)
— — 69 69 — — — — 
Marketable equity securities4,593 — — 4,593 3,617 — — 3,617 
Note receivable from a related party (1)
— — 190 190 — — — — 
Total Return Swaps— — — — — 1,477 — 1,477 
Derivative assets
— — 13 13 — 6 119 125 
Total financial assets$6,217 $10,326 $272 $16,815 $5,781 $12,494 $119 $18,394 
Financial Liabilities
2028 Exchangeable Senior Notes (2)
$— $1,125 $— $1,125 $— $1,200 $— $1,200 
Derivative liabilities
— 5 — 5 — 1 134 135 
Total financial liabilities$— $1,130 $— $1,130 $— $1,201 $134 $1,335 
(1) Consisted of our investments in Neutron Holdings, Inc. (“Lime”) in preferred stock, common stock and convertible note receivable as we elected the fair value option for Lime related investments. Lime completed their initial public offering (“IPO”) on June 30, 2026 and started trading on July 1, 2026. Following Lime’s IPO, the preferred stock and convertible note receivable have been converted to common stock of Lime and Lime-related investments were transferred out of Level 3. 100% of our initial shares remain subject to lock-up restrictions through July 2027, and will be fully released by July 2028. For the shares purchased after the IPO, they are subject to lock-up restrictions through November 2026.
As of September 30, 2026, we own approximately 23% of Lime’s outstanding common stock, which gives us the ability to exercise significant influence. We elected the fair value option for the Lime common stock, which is classified as Level 1 marketable equity security.
(2) Refer to Note 5 – Debt and Credit Arrangements for further information.
Schedule of Reconciliation Using Significant Unobservable Inputs, Assets
The following table presents a reconciliation of our financial assets measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) (in millions):
Non-marketable equity securitiesNote receivableEmbedded derivativesDeal-Contingent Forward
Balance as of December 31, 2025$69 $190 $13 $— 
Change in fair value included in other income (expense), net112 (20)21 (134)
Purchases— — 110 — 
Conversion170 (170)(25)— 
Transfer out of level 3(351)— — — 
Balance as of September 30, 2026$— $— $119 $(134)
Schedule of Amortized Cost, Unrealized Gains and Losses and Fair Value of Debt Securities
The following table summarizes the amortized cost, unrealized gains and losses, and fair value of our debt securities (in millions):
As of December 31, 2025
Reported As
Amortized CostUnrealized GainsUnrealized LossesFair ValueCash and cash equivalent
Short-term investments
Restricted cash and cash equivalent
Restricted investments
U.S. government and agency securities$7,315 $8 $— $7,323 $40 $149 $304 $6,830 
Commercial paper715 — — 715 553 75 — 87 
Corporate bonds2,190 4 — 2,194 — 271 26 1,897 
Certificates of deposit71 — — 71 — 33 — 38 
Mortgage-backed and asset-backed securities22 — — 22 — — — 22 
Total$10,313 $12 $— $10,325 $593 $528 $330 $8,874 
As of September 30, 2026
Reported As
Amortized CostUnrealized GainsUnrealized LossesFair Value
Cash and cash equivalent
Short-term investments
Other Current Assets
Restricted cash and cash equivalent
Restricted investments
U.S. government and agency securities$7,694 $— $(20)$7,674 $352 $109 $37 $574 $6,602 
Commercial paper887 — — 887 720 96 — 25 46 
Corporate bonds2,286 1 (5)2,282 — 256 10 6 2,010 
Certificates of deposit70 — — 70 9 18 — — 43 
Mortgage-backed and asset-backed securities98 — — 98 — 31 — — 67 
Total$11,035 $1 $(25)$11,011 $1,081 $510 $47 $605 $8,768 
Schedule of Investments
Our investments on the condensed consolidated balance sheets consisted of the following (in millions):
As of
December 31, 2025September 30, 2026
Non-marketable equity securities:
Didi$3,011 $2,061 
Other1,455 2,297 
Marketable equity securities:
Grab2,674 1,667 
Aurora (1)
1,252 870 
Other667 1,080 
Note receivable119 — 
Investments$9,178 $7,975 
(1) In connection with our exchangeable senior notes due in 2028 (the “2028 Exchangeable Senior Notes”), as of December 31, 2025 and September 30, 2026, approximately 48% and 100%, respectively, of our Aurora Innovation, Inc. (“Aurora”) Class A common stock is pledged as collateral and cannot be sold or transferred during the term of the 2028 Exchangeable Senior Notes until the obligations are fulfilled or the pledged assets are otherwise released under a collateral agreement. Refer to Note 5 – Debt and Credit Arrangements for further information.
Schedule of Non-Marketable Equity Securities
The following table summarizes the total carrying value of our non-marketable equity securities measured at fair value on a non-recurring basis held, including cumulative unrealized upward and downward adjustments made to the initial cost basis of the securities (in millions):
As of
December 31, 2025September 30, 2026
Initial cost basis$2,673 $3,557 
Upward adjustments3,726 3,920 
Downward adjustments (including impairment)(2,002)(3,119)
Total carrying value at the end of the period$4,397 $4,358 
Schedule of Gains and Losses on Equity Securities
Gains and losses (including impairments), net, for equity securities included in other income (expense), net, are summarized below (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Unrealized net gains (losses) on non-marketable equity securities$784 $172 $975 $(800)
Unrealized net gains (losses) on marketable equity securities680 (695)509 233 
Unrealized net gains (losses) recognized during the period on equity securities still held at the reporting date1,464 (523)1,484 (567)
Realized net gains (losses) on equity securities sold during the period8 (38)21 165 
Total gains (losses) on equity securities in other income (expense), net$1,472 $(561)$1,505 $(402)
Non-marketable equity securities accounted for under the measurement alternative
Upward adjustments760 172 950 205 
Downward adjustments (including impairment)— — — (1,117)
Schedule of Notional Amounts of Outstanding Derivative Instruments
The gross notional amount of our outstanding derivative instruments were as follows (in millions):
December 31, 2025September 30, 2026
Derivative designated as hedging instruments
Foreign exchange contracts$378 $403 
Derivatives not designated as hedging instruments
Foreign exchange contracts1,595 1,649 
Deal-Contingent Forward— 6,816 
Other contracts100 230 
v3.26.3
Equity Method Investments (Tables)
 9 Months Ended
Sep. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The carrying value of our equity method investments were as follows (in millions):
As of
December 31, 2025September 30, 2026
Delivery Hero$— $3,372 
Careem Technologies171 — 
Other116 126 
Total equity method investments$287 $3,498 
The table below provides the composition of the basis difference (in millions):
As of September 30, 2026
Equity method goodwill$2,520 
Intangible assets, net of accumulated amortization696 
Deferred tax liabilities(192)
Basis difference$3,024 
Schedule of Fair Value of Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill375 
Intangible assets164 
Tangible assets (liabilities), net5 
Less: Redeemable non-controlling interests
(166)
Net assets acquired$378 
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):

Fair Value
Goodwill485 
Intangible assets165 
Tangible assets (liabilities), net(33)
Net assets acquired$617 
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill297 
Intangible assets74 
Tangible assets (liabilities), net$(10)
Net assets acquired$361 
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill439 
Intangible assets95 
Tangible assets (liabilities), net20 
Net assets acquired$554 
v3.26.3
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in the Carrying Value of Goodwill by Segment
The following table presents the changes in the carrying value of goodwill by segment (in millions):
MobilityDeliveryFreightTotal Goodwill
Balance as of December 31, 2025$2,409 $5,080 $1,442 $8,931 
Acquisitions953 707 — 1,660 
Foreign currency translation and other adjustments(10)(4)— (14)
Balance as of September 30, 2026$3,352 $5,783 $1,442 $10,577 
Schedule of Finite-Lived Intangible Assets
The components of intangible assets, net were as follows (in millions, except years):
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted Average Remaining Useful Life - Years
December 31, 2025
Consumer, Merchant and other relationships$1,904 $(1,083)$821 8
Developed technology930 (754)176 3
Trade name, trademarks and other183 (132)51 3
Intangible assets$3,017 $(1,969)$1,048 
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Weighted Average Remaining Useful Life - Years
September 30, 2026
Consumer, Merchant and other relationships$2,238 $(1,204)$1,034 8
Developed technology1,055 (813)242 3
Trade name, trademarks and other240 (146)94 4
Intangible assets$3,533 $(2,163)$1,370 
Schedule of Future Amortization Expense
The estimated aggregate future amortization expense for intangible assets subject to amortization as of September 30, 2026 is summarized below (in millions):
Estimated Future Amortization Expense
Year Ending December 31,
Remainder of 2026$88 
2027304 
2028207 
2029157 
2030152 
Thereafter450 
Total$1,358 
v3.26.3
Debt and Credit Arrangements (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Components of Debt
Components of debt, including the associated effective interest rates and maturities were as follows (in millions, except for percentages):
As of
December 31, 2025September 30, 2026Stated Interest RatesEffective Interest RatesMaturities
2028 Convertible Notes
1,725 1,725 0.875 %1.1 %December 2028
2028 Exchangeable Senior Notes1,125 1,200 0.00 %0.0 %May 2028
2029 Senior Notes1,500 1,500 4.50 %4.7 %August 2029
2030 Senior Notes1,250 1,250 4.30 %4.5 %January 2030
2031 Senior Notes1,000 1,000 4.15 %4.3 %January 2031
2034 Senior Notes1,500 1,500 4.80 %4.9 %September 2034
2035 Senior Notes1,250 1,250 4.80 %5.0 %September 2035
2054 Senior Notes1,250 1,250 5.35 %5.4 %September 2054
2029 Euro Senior Notes— 852 3.75 %4.1 %September 2029
2032 Euro Senior Notes— 1,136 4.13 %4.4 %September 2032
2034 Euro Senior Notes— 1,136 4.38 %4.6 %September 2034
2038 Euro Senior Notes— 1,136 4.75 %5.0 %September 2038
2046 Euro Senior Notes— 852 5.25 %5.5 %September 2046
Total debt (1)
10,600 15,787 
Less: unamortized discount and issuance costs(79)(123)
Total long-term debt$10,521 $15,664 
(1) The total fair value of our outstanding debt was $11.1 billion and $15.4 billion as of December 31, 2025 and September 30, 2026, respectively, and was determined based on quoted prices in markets that are not active, which is considered a Level 2 valuation input.
v3.26.3
Supplemental Financial Statement Information (Tables)
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets were as follows (in millions):
As of
December 31, 2025September 30, 2026
Prepaid expenses$408 $525 
Other current assets1,494 2,233 
Prepaid expenses and other current assets$1,902 $2,758 
Schedule of Accrued and Other Current Liabilities
Accrued and other current liabilities were as follows (in millions):
As of
December 31, 2025September 30, 2026
Accrued legal, regulatory and non-income taxes$2,052 $2,205 
Accrued Drivers and Merchants liability1,626 1,936 
Accrued compensation and employee benefits777 817 
Income and other tax liabilities1,033 1,020 
Other2,263 2,653 
Accrued and other current liabilities$7,751 $8,631 
Schedule of Other Long-Term Liabilities
Other non-current liabilities were as follows (in millions):
As of
December 31, 2025September 30, 2026
Deferred tax liabilities$31 $25 
Other381 523 
Other non-current liabilities$412 $548 
Schedule of Components of Other Income (Expense), Net
The components of other income (expense), net were as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Foreign currency exchange gains (losses), net$(35)$(228)$112 $(197)
Gains (losses) on debt and equity securities, net1,471 (476)1,505 (338)
Other, net
(10)88 (117)(233)
Other income (expense), net$1,426 $(616)$1,500 $(768)
v3.26.3
Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Schedule of Stock Options and SAR Activity
A summary of stock option and SAR activity for the nine months ended September 30, 2026 is as follows (in millions, except share amounts which are reflected in thousands, per share amounts, and years):
SARs Outstanding Number of SARsOptions Outstanding Number of SharesWeighted-Average Exercise Price Per ShareWeighted-Average Remaining Contractual Life (in years)Aggregate Intrinsic Value
As of December 31, 202516 5,868 $48.72 4.79$194 
Granted— 620 $75.51 
Exercised(9)(608)$38.90 
Canceled and forfeited— (331)$58.34 
As of September 30, 20267 5,549 $52.23 4.27$100 
Exercisable as of September 30, 20267 3,258 $42.21 3.43$88 
Schedule of Restricted Stock Units Activity
The following table summarizes the activity related to our RSUs for the nine months ended September 30, 2026 (in thousands, except per share amounts):
Number of SharesWeighted-Average
 Grant-Date Fair
 Value per Share
Unvested and outstanding as of December 31, 202557,654 $65.69 
Granted41,401 $73.39 
Vested(25,268)$58.75 
Canceled and forfeited(8,248)$70.20 
Unvested and outstanding as of September 30, 202665,539 $72.66 
Schedule of Stock-Based Compensation Expense By Function The following table summarizes total stock-based compensation expense by function (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Operations and support$58 $67 $169 $198 
Sales and marketing26 28 78 80 
Research and development278 333 826 955 
General and administrative103 166 302 390 
Total$465 $594 $1,375 $1,623 
v3.26.3
Net Income Per Share (Tables)
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in millions, except share amounts which are reflected in thousands, and per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
Basic net income per share:
Numerator
Net income including non-controlling interests$6,652 $569 $9,776 $3,267 
Net income attributable to non-controlling interests, net of tax26 57 19 98 
          Net income attributable to common stockholders$6,626 $512 $9,757 $3,169 
Denominator
Basic weighted-average common stock outstanding2,084,180 2,038,364 2,089,220 2,042,245 
Basic net income per share attributable to common stockholders (1)
$3.18 $0.25 $4.67 $1.55 
Diluted net income per share:
Numerator
     Net income attributable to common stockholders$6,626 $512 $9,757 $3,169 
Assumed net loss attributable to Freight Holding contingently issuable shares(13)— (40)— 
     Diluted net income attributable to common stockholders$6,613 $512 $9,717 $3,169 
Denominator
     Number of shares used in basic net income per share computation2,084,180 2,038,364 2,089,220 2,042,245 
     Dilutive effect of equity awards30,106 9,595 28,51012,094 
     Dilutive effect of Freight Holding contingently issuable shares522 — 794 7 
     Dilutive effect of conversion of debt securities7,262 191 3,448 604 
     Dilutive effect of other contingently issuable shares2,321 2,174 2,321 2,272 
     Diluted weighted-average common stock outstanding2,124,391 2,050,324 2,124,293 2,057,222 
Diluted net income per share attributable to common stockholders (1)
$3.11 $0.25 $4.57 $1.54 
(1) Per share amounts are calculated using unrounded numbers and therefore may not recalculate.
During the three and nine months ended September 30, 2025, approximately 3 million shares of common stock underlying equity awards were excluded from the computation of diluted net income per share during the periods presented because their effect would have been antidilutive.
v3.26.3
Segment Information and Geographic Information (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables provides information about our segments and a reconciliation to income before income taxes and loss from equity method investments (in millions):
Three Months Ended September 30, 2025
MobilityDeliveryFreightTotal
Revenue (1)
$7,682 $4,477 $1,308 $13,467 
Platform Participant direct transaction costs (2)
(2,359)(1,874)(1,181)(5,414)
Other (3)
(3,459)(1,792)(167)(5,418)
Segment Operating Income (Loss)$1,864 $811 $(40)2,635 
Reconciling items:
Corporate G&A and Platform R&D (4)
(960)
Amortization of acquired intangible assets(72)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(479)
Goodwill and asset impairments/loss on sale of assets(2)
Acquisition, financing and divestitures related expenses(6)
Restructuring and related charges(3)
Income from operations1,113 
Interest expense(112)
Interest income193 
Other income (expense), net1,426 
Income before income taxes and income/loss from equity method investments$2,620 
Three Months Ended September 30, 2026
MobilityDeliveryFreightTotal
Revenue (1)
$7,520 $5,488 $1,758 $14,766 
Platform Participant direct transaction costs (2)
(1,427)(2,304)(1,615)(5,346)
Other (3)
(3,731)(2,127)(176)(6,034)
Segment Operating Income (Loss)2,362 1,057 (33)3,386 
Reconciling items:
Corporate G&A and Platform R&D (4)
(1,082)
Amortization of acquired intangible assets(82)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(484)
Acquisition, financing and divestitures related expenses(55)
Restructuring and related charges(186)
Settlement of legacy awards(50)
Income from operations1,447 
Interest expense(152)
Interest income176 
Other income (expense), net(616)
Income before income taxes and income/loss from equity method investments$855 
Nine Months Ended September 30, 2025
MobilityDeliveryFreightTotal
Revenue (1)
$21,466 $12,356 $3,829 $37,651 
Platform Participant direct transaction costs (2)
(6,188)(5,029)(3,448)(14,665)
Other (3)
(10,098)(5,079)(472)(15,649)
Segment Operating Income (Loss)$5,180 $2,248 $(91)7,337 
Reconciling items:
Corporate G&A and Platform R&D (4)
(2,802)
Amortization of acquired intangible assets(201)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(507)
Goodwill and asset impairments/loss on sale of assets(2)
Acquisition, financing and divestitures related expenses(28)
Loss on lease arrangement, net(2)
Restructuring and related charges(4)
Income from operations3,791 
Interest expense(325)
Interest income543 
Other income (expense), net1,500 
Income before income taxes and income/loss from equity method investments$5,509 
Nine Months Ended September 30, 2026
MobilityDeliveryFreightTotal
Revenue (1)
$21,681 $15,801 $4,678 $42,160 
Platform Participant direct transaction costs (2)
(4,049)(6,621)(4,283)(14,953)
Other (3)
(11,026)(6,107)(482)(17,615)
Segment Operating Income (Loss)$6,606 $3,073 $(87)9,592 
Reconciling items:
Corporate G&A and Platform R&D (4)
(3,262)
Amortization of acquired intangible assets(202)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(496)
Goodwill and asset impairments/loss on sale of assets(4)
Acquisition, financing and divestitures related expenses(111)
Loss on lease arrangement, net(5)
Restructuring and related charges(202)
Settlement of legacy awards(50)
Income from operations5,260 
Interest expense(387)
Interest income523 
Other income (expense), net(768)
Income before income taxes and income/loss from equity method investments$4,628 
(1) We offer subscription memberships to end-users including Uber One, Uber Pass, Rides Pass, and Eats Pass (“Subscription”). We recognize Subscription fees ratably over the life of the pass. We allocate Subscription fees earned to Mobility and Delivery revenue on a proportional basis, based on usage for each offering during the respective period.
(2) Platform Participant direct transaction costs primarily consist of (i) costs paid directly to Platform Earners on our platform recorded in cost of revenue, excluding depreciation and amortization; and (ii) incentives to end-users recorded in sales and marketing.
(3) Other primarily consists of non-Platform Participant costs, including: (i) trip insurance, payment card fees and bank fees, customer support and technology costs; (ii) other operating costs, primarily related to employee headcount costs (including stock-based compensation), contractor and professional service expenses and brand marketing; (iii) costs related to bringing new Platform
Earners and new Platform end-users to the Platform recorded in costs and expenses; and (iv) depreciation and amortization (excluding amortization of acquired intangible assets).
(4) Includes costs that are not directly attributable to our reportable segments. Corporate G&A also includes certain shared costs such as finance, accounting, tax, human resources, information technology and legal costs. Platform R&D also includes mapping and payment technologies and support and development of the internal technology infrastructure. Our allocation methodology is periodically evaluated and may change.
(5) Legal, non-income tax, and regulatory reserve changes and settlements are primarily related to certain significant legal proceedings or governmental investigations related to worker classification definitions, or tax agencies challenging our non-income tax positions. These matters have limited precedent, cover extended historical periods and are unpredictable in both magnitude and timing, therefore are distinct from normal, recurring legal, non-income tax and regulatory matters and related expenses incurred in our ongoing operating performance.
Schedule of Revenue Disaggregated by Geographic Areas
The following table presents our revenues disaggregated by geographical region. Revenue by geographical region is based on where the transaction occurred. This level of disaggregation takes into consideration how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202620252026
United States and Canada ("US&CAN")$6,698 $7,814 $19,478 $22,552 
Latin America ("LatAm")829 1,100 2,335 3,099 
Europe, Middle East and Africa ("EMEA")4,388 3,975 11,606 11,147 
Asia Pacific ("APAC")1,552 1,877 4,232 5,362 
Total revenue$13,467 $14,766 $37,651 $42,160 
v3.26.3
Variable Interest Entities (Tables)
 9 Months Ended
Sep. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Variable Interest Entities
Our carrying amounts of assets recognized on the condensed consolidated balance sheets and maximum exposure to loss related to unconsolidated VIEs were (in millions):
As of
December 31, 2025September 30, 2026
Total assets (1)
$1,329 $1,176 
Maximum exposure to loss (2)
1,509 1,260 
(1) Total assets includes a term loan to Moove Cars Mobility (“Moove”). As of December 31, 2025 and September 30, 2026, the term loan to Moove was $384 million and $449 million, respectively, and accounted for as a loan receivable, carried at amortized cost recorded within other non-current assets on the condensed consolidated balance sheets. In 2021, we entered into and completed a series of agreements with Moove, including (i) an equity investment, through preferred shares, (ii) a term loan to Moove, and (iii) a commercial partnership agreement. After this series of agreements, Moove is considered a related party. Our carrying amounts of liabilities recognized on the condensed consolidated balance sheets were not material as of December 31, 2025 and September 30, 2026.
(2) Our maximum exposure to loss includes the carrying amounts of assets and liabilities recognized on our condensed consolidated balance sheets as well as immaterial financial guarantees.
v3.26.3
Business Combinations (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Fair Value of Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill375 
Intangible assets164 
Tangible assets (liabilities), net5 
Less: Redeemable non-controlling interests
(166)
Net assets acquired$378 
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):

Fair Value
Goodwill485 
Intangible assets165 
Tangible assets (liabilities), net(33)
Net assets acquired$617 
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill297 
Intangible assets74 
Tangible assets (liabilities), net$(10)
Net assets acquired$361 
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):
Fair Value
Goodwill439 
Intangible assets95 
Tangible assets (liabilities), net20 
Net assets acquired$554 
v3.26.3
Financial Instruments - Schedule of Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Financial Assets    
Non-marketable debt securities $ 11,011 $ 10,325
Non-marketable equity securities 4,358 4,397
Financial Liabilities    
2028 Exchangeable Senior Notes $ 15,400 11,100
Neutron Holdings, Inc. dba Lime    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Equity securities restricted (as a percent) 100.00%  
Equity securities pledged as collateral (as a percent) 23.00%  
U.S. government and agency securities    
Financial Assets    
Non-marketable debt securities $ 7,674 7,323
Commercial paper    
Financial Assets    
Non-marketable debt securities 887 715
Corporate bonds    
Financial Assets    
Non-marketable debt securities 2,282 2,194
Certificates of deposit    
Financial Assets    
Non-marketable debt securities 70 71
Mortgage-backed and asset-backed securities    
Financial Assets    
Non-marketable debt securities 98 22
Recurring    
Financial Assets    
Non-marketable equity securities 0 69
Equity Securities, FV-NI, Current 3,617 4,593
Note receivable from a related party 0 190
Total Return Swaps 1,477 0
Derivative assets 125 13
Total financial assets 18,394 16,815
Financial Liabilities    
Derivative liabilities 135 5
Total financial liabilities 1,335 1,130
Recurring | Senior Note | 2028 Exchangeable Senior Notes    
Financial Liabilities    
2028 Exchangeable Senior Notes 1,200 1,125
Recurring | U.S. government and agency securities    
Financial Assets    
Non-marketable debt securities 7,674 7,323
Recurring | Commercial paper    
Financial Assets    
Non-marketable debt securities 887 715
Recurring | Corporate bonds    
Financial Assets    
Non-marketable debt securities 2,282 2,194
Recurring | Certificates of deposit    
Financial Assets    
Non-marketable debt securities 70 72
Recurring | Mortgage-backed and asset-backed securities    
Financial Assets    
Non-marketable debt securities 98 22
Recurring | Money market funds    
Financial Assets    
Money market funds 2,164 1,624
Recurring | Level 1    
Financial Assets    
Non-marketable equity securities 0 0
Equity Securities, FV-NI, Current 3,617 4,593
Note receivable from a related party 0 0
Total Return Swaps 0 0
Derivative assets 0 0
Total financial assets 5,781 6,217
Financial Liabilities    
Derivative liabilities 0 0
Total financial liabilities 0 0
Recurring | Level 1 | Senior Note | 2028 Exchangeable Senior Notes    
Financial Liabilities    
2028 Exchangeable Senior Notes 0 0
Recurring | Level 1 | U.S. government and agency securities    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 1 | Commercial paper    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 1 | Corporate bonds    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 1 | Certificates of deposit    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 1 | Mortgage-backed and asset-backed securities    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 1 | Money market funds    
Financial Assets    
Money market funds 2,164 1,624
Recurring | Level 2    
Financial Assets    
Non-marketable equity securities 0 0
Equity Securities, FV-NI, Current 0 0
Note receivable from a related party 0 0
Total Return Swaps 1,477 0
Derivative assets 6 0
Total financial assets 12,494 10,326
Financial Liabilities    
Derivative liabilities 1 5
Total financial liabilities 1,201 1,130
Recurring | Level 2 | Senior Note | 2028 Exchangeable Senior Notes    
Financial Liabilities    
2028 Exchangeable Senior Notes 1,200 1,125
Recurring | Level 2 | U.S. government and agency securities    
Financial Assets    
Non-marketable debt securities 7,674 7,323
Recurring | Level 2 | Commercial paper    
Financial Assets    
Non-marketable debt securities 887 715
Recurring | Level 2 | Corporate bonds    
Financial Assets    
Non-marketable debt securities 2,282 2,194
Recurring | Level 2 | Certificates of deposit    
Financial Assets    
Non-marketable debt securities 70 72
Recurring | Level 2 | Mortgage-backed and asset-backed securities    
Financial Assets    
Non-marketable debt securities 98 22
Recurring | Level 2 | Money market funds    
Financial Assets    
Money market funds 0 0
Recurring | Level 3    
Financial Assets    
Non-marketable equity securities 0 69
Equity Securities, FV-NI, Current 0 0
Note receivable from a related party 0 190
Total Return Swaps 0 0
Derivative assets 119 13
Total financial assets 119 272
Financial Liabilities    
Derivative liabilities 134 0
Total financial liabilities 134 0
Recurring | Level 3 | Senior Note | 2028 Exchangeable Senior Notes    
Financial Liabilities    
2028 Exchangeable Senior Notes 0 0
Recurring | Level 3 | U.S. government and agency securities    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 3 | Commercial paper    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 3 | Corporate bonds    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 3 | Certificates of deposit    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 3 | Mortgage-backed and asset-backed securities    
Financial Assets    
Non-marketable debt securities 0 0
Recurring | Level 3 | Money market funds    
Financial Assets    
Money market funds $ 0 $ 0
v3.26.3
Financial Instruments - Schedule of Reconciliation Using Significant Unobservable Inputs, Assets (Details)
$ in Millions
 9 Months Ended
Sep. 30, 2026
USD ($)
Non-marketable equity securities  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance $ 69
Change in fair value included in other income (expense), net 112
Purchases 0
Conversion 170
Transfer out of level 3 (351)
Ending balance 0
Note receivable  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 190
Change in fair value included in other income (expense), net (20)
Purchases 0
Conversion (170)
Transfer out of level 3 0
Ending balance 0
Embedded derivatives  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 13
Change in fair value included in other income (expense), net 21
Purchases 110
Conversion (25)
Transfer out of level 3 0
Ending balance 119
Deal-Contingent Forward  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 0
Change in fair value included in other income (expense), net (134)
Purchases 0
Conversion 0
Transfer out of level 3 0
Ending balance $ (134)
v3.26.3
Financial Instruments - Schedule of Amortized Cost, Unrealized Gains and Losses and Fair Value of Debt Securities (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 11,035 $ 10,313
Unrealized Gains 1 12
Unrealized Losses (25) 0
Non-marketable debt securities 11,011 10,325
Balance Sheet Location [Axis]: us-gaap:CashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 1,081 593
Balance Sheet Location [Axis]: us-gaap:MarketableSecuritiesCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 510 528
Balance Sheet Location [Axis]: us-gaap:PrepaidExpenseAndOtherAssetsCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 47  
Balance Sheet Location [Axis]: us-gaap:RestrictedCashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 605 330
Balance Sheet Location [Axis]: us-gaap:RestrictedInvestments    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 8,768 8,874
U.S. government and agency securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 7,694 7,315
Unrealized Gains 0 8
Unrealized Losses (20) 0
Non-marketable debt securities 7,674 7,323
U.S. government and agency securities | Balance Sheet Location [Axis]: us-gaap:CashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 352 40
U.S. government and agency securities | Balance Sheet Location [Axis]: us-gaap:MarketableSecuritiesCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 109 149
U.S. government and agency securities | Balance Sheet Location [Axis]: us-gaap:PrepaidExpenseAndOtherAssetsCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 37  
U.S. government and agency securities | Balance Sheet Location [Axis]: us-gaap:RestrictedCashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 574 304
U.S. government and agency securities | Balance Sheet Location [Axis]: us-gaap:RestrictedInvestments    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 6,602 6,830
Commercial paper    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 887 715
Unrealized Gains 0 0
Unrealized Losses 0 0
Non-marketable debt securities 887 715
Commercial paper | Balance Sheet Location [Axis]: us-gaap:CashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 720 553
Commercial paper | Balance Sheet Location [Axis]: us-gaap:MarketableSecuritiesCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 96 75
Commercial paper | Balance Sheet Location [Axis]: us-gaap:PrepaidExpenseAndOtherAssetsCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 0  
Commercial paper | Balance Sheet Location [Axis]: us-gaap:RestrictedCashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 25 0
Commercial paper | Balance Sheet Location [Axis]: us-gaap:RestrictedInvestments    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 46 87
Corporate bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 2,286 2,190
Unrealized Gains 1 4
Unrealized Losses (5) 0
Non-marketable debt securities 2,282 2,194
Corporate bonds | Balance Sheet Location [Axis]: us-gaap:CashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 0 0
Corporate bonds | Balance Sheet Location [Axis]: us-gaap:MarketableSecuritiesCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 256 271
Corporate bonds | Balance Sheet Location [Axis]: us-gaap:PrepaidExpenseAndOtherAssetsCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 10  
Corporate bonds | Balance Sheet Location [Axis]: us-gaap:RestrictedCashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 6 26
Corporate bonds | Balance Sheet Location [Axis]: us-gaap:RestrictedInvestments    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 2,010 1,897
Certificates of deposit    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 70 71
Unrealized Gains 0 0
Unrealized Losses 0 0
Non-marketable debt securities 70 71
Certificates of deposit | Balance Sheet Location [Axis]: us-gaap:CashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 9 0
Certificates of deposit | Balance Sheet Location [Axis]: us-gaap:MarketableSecuritiesCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 18 33
Certificates of deposit | Balance Sheet Location [Axis]: us-gaap:PrepaidExpenseAndOtherAssetsCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 0  
Certificates of deposit | Balance Sheet Location [Axis]: us-gaap:RestrictedCashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 0 0
Certificates of deposit | Balance Sheet Location [Axis]: us-gaap:RestrictedInvestments    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 43 38
Mortgage-backed and asset-backed securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 98 22
Unrealized Gains 0 0
Unrealized Losses 0 0
Non-marketable debt securities 98 22
Mortgage-backed and asset-backed securities | Balance Sheet Location [Axis]: us-gaap:CashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 0 0
Mortgage-backed and asset-backed securities | Balance Sheet Location [Axis]: us-gaap:MarketableSecuritiesCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 31 0
Mortgage-backed and asset-backed securities | Balance Sheet Location [Axis]: us-gaap:PrepaidExpenseAndOtherAssetsCurrent    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 0  
Mortgage-backed and asset-backed securities | Balance Sheet Location [Axis]: us-gaap:RestrictedCashAndCashEquivalentsAtCarryingValue    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities 0 0
Mortgage-backed and asset-backed securities | Balance Sheet Location [Axis]: us-gaap:RestrictedInvestments    
Debt Securities, Available-for-sale [Line Items]    
Non-marketable debt securities $ 67 $ 22
v3.26.3
Financial Instruments - Schedule of Investments (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Investments $ 7,975 $ 9,178
2028 Exchangeable Senior Notes | Senior Note    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Percentage of investment owned pledged as collateral 100.00% 48.00%
Related Party    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Note receivable from a related party $ 0 $ 119
Didi | Non-marketable equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Non-marketable equity securities 2,061 3,011
Other | Non-marketable equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Non-marketable equity securities 2,297 1,455
Other | Marketable equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Marketable equity securities 1,080 667
Grab | Marketable equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Marketable equity securities 1,667 2,674
Aurora | Marketable equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Marketable equity securities $ 870 $ 1,252
v3.26.3
Financial Instruments - Schedule of Non-Marketable Equity Securities (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Fair Value Disclosures [Abstract]    
Initial cost basis $ 3,557 $ 2,673
Upward adjustments 3,920 3,726
Downward adjustments (including impairment) (3,119) (2,002)
Total carrying value at the end of the period $ 4,358 $ 4,397
v3.26.3
Financial Instruments - Schedule of Gains and Losses on Investment Securities (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Fair Value Disclosures [Abstract]        
Unrealized net gains (losses) on non-marketable equity securities $ 172 $ 784 $ (800) $ 975
Unrealized net gains (losses) on marketable equity securities (695) 680 233 509
Unrealized net gains (losses) recognized during the period on equity securities still held at the reporting date (523) 1,464 (567) 1,484
Realized net gains (losses) on equity securities sold during the period (38) 8 165 21
Total gains (losses) on equity securities in other income (expense), net (561) 1,472 (402) 1,505
Non-marketable equity securities accounted for under the measurement alternative        
Upward adjustments 172 760 205 950
Downward adjustments (including impairment) $ 0 $ 0 $ (1,117) $ 0
v3.26.3
Financial Instruments - Narrative (Details) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2026
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Fair Value Disclosures [Abstract]        
Allowance for credit loss   $ 0   $ 0
Loan receivable   745,000,000   $ 632,000,000
Purchase of total return swaps $ 1,600,000,000 1,640,000,000 $ 0  
TRS, carrying value   $ 1,500,000,000    
Maximum hedge exposure term   12 months   12 months
Net Investment Hedge        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Notional amount of foreign currency debt   $ 3,400,000,000    
v3.26.3
Financial Instruments - Schedule of Notional Amounts of Outstanding Derivative Instruments (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Derivative designated as hedging instruments | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total notional amount $ 403 $ 378
Derivatives not designated as hedging instruments | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total notional amount 1,649 1,595
Derivatives not designated as hedging instruments | Deal-Contingent Forward    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total notional amount 6,816 0
Derivatives not designated as hedging instruments | Derivative assets    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total notional amount $ 230 $ 100
v3.26.3
Equity Method Investments - Schedule of Equity Method Investments (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Schedule of Equity Method Investments [Line Items]    
Equity method investments $ 3,498 $ 287
Delivery Hero    
Schedule of Equity Method Investments [Line Items]    
Equity method investments 3,372 0
Careem Technologies    
Schedule of Equity Method Investments [Line Items]    
Equity method investments 0 171
Other    
Schedule of Equity Method Investments [Line Items]    
Equity method investments $ 126 $ 116
v3.26.3
Equity Method Investments - Delivery Hero (Details) - USD ($)
shares in Millions, $ in Billions
 1 Months Ended 3 Months Ended 6 Months Ended
May 31, 2024
Jun. 30, 2026
Jun. 30, 2026
Sep. 30, 2026
Schedule of Equity Method Investments [Line Items]        
Weighted-average life of intangible assets       7 years 2 months 12 days
Delivery Hero        
Schedule of Equity Method Investments [Line Items]        
Number of equity securities acquired (in shares) 8.4      
Acquisition of additional equity interest   $ 2.3    
Equity ownership interest (percent)   24.99% 24.99% 24.50%
Unrealized gain from equity securities     $ 1.0  
Quoted market price       $ 3.1
v3.26.3
Equity Method Investments - Basis Difference (Details) - Delivery Hero
$ in Millions
Sep. 30, 2026
USD ($)
Schedule of Equity Method Investments [Line Items]  
Basis difference $ 3,024
Balance Sheet Location [Axis]: us-gaap:DeferredIncomeTaxAssetsNet  
Schedule of Equity Method Investments [Line Items]  
Basis difference (192)
Balance Sheet Location [Axis]: us-gaap:Goodwill  
Schedule of Equity Method Investments [Line Items]  
Basis difference 2,520
Balance Sheet Location [Axis]: us-gaap:IntangibleAssetsNetExcludingGoodwill  
Schedule of Equity Method Investments [Line Items]  
Basis difference $ 696
v3.26.3
Equity Method Investments - Pending Acquisition of Delivery Hero (Details)
€ / shares in Units, € in Billions, $ in Billions
 6 Months Ended
Dec. 31, 2027
USD ($)
Dec. 31, 2027
€ / shares
shares
Aug. 06, 2026
EUR (€)
Jul. 16, 2026
EUR (€)
Line of Credit | Unsecured Debt | Bridge Credit Agreement        
Schedule of Equity Method Investments [Line Items]        
Aggregate amount of commitments       € 14.2
Unsecured Debt | Line of Credit | Bridge Credit Agreement        
Schedule of Equity Method Investments [Line Items]        
Aggregate amount of commitments     € 4.0  
Subsequent Event | Forecast | Delivery Hero        
Schedule of Equity Method Investments [Line Items]        
Cash consideration per share (in euro per share) | € / shares   € 41.50    
Business Combination, Consideration Transferred | $ $ (14.8)      
Voting interest acquired (as a percent)   100.00%    
Minimum acceptance threshold (as a percent)   0.50    
Minimum acceptance threshold, additional shares (in shares) | shares   1    
v3.26.3
Equity Method Investments - Careem Technologies (Details)
$ in Millions
 2 Months Ended 9 Months Ended
Jul. 31, 2026
USD ($)
Sep. 30, 2026
USD ($)
Sep. 30, 2026
USD ($)
Jun. 30, 2026
Dec. 31, 2023
USD ($)
seat
Schedule of Equity Method Investments [Line Items]          
Number of seats held on the board of directors | seat         2
Revenue contributed by acquiree   $ 0 $ 0    
Loss before taxes contributed by acquiree   $ 0 $ 0    
Careem Technologies | e&          
Schedule of Equity Method Investments [Line Items]          
Ownership interest by noncontrolling owners (as a percent)   40.00% 40.00%    
Careem Technologies          
Schedule of Equity Method Investments [Line Items]          
Intangible assets acquired $ 164        
Intangible asset, finite-lived, acquired, weighted-average amortization period 7 years        
Revenue contributed by acquiree   $ 0      
Loss before taxes contributed by acquiree   $ 0      
Careem Technologies | Minimum          
Schedule of Equity Method Investments [Line Items]          
Intangible asset, finite-lived, acquired, weighted-average amortization period 1 year        
Careem Technologies | Maximum          
Schedule of Equity Method Investments [Line Items]          
Intangible asset, finite-lived, acquired, weighted-average amortization period 14 years        
Careem Technologies          
Schedule of Equity Method Investments [Line Items]          
Investment in exchange for equity interest         $ 400
Equity ownership interest (percent) 60.00%     45.00% 42.00%
v3.26.3
Equity Method Investments - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Jul. 31, 2026
Dec. 31, 2025
Schedule of Equity Method Investments [Line Items]      
Goodwill $ 10,577   $ 8,931
Careem Technologies      
Schedule of Equity Method Investments [Line Items]      
Goodwill   $ 375  
Intangible assets   164  
Tangible assets (liabilities), net   5  
Less: Redeemable non-controlling interests   166  
Net assets acquired   $ 378  
v3.26.3
Goodwill and Intangible Assets - Schedule of Changes in the Carrying Value of Goodwill by Segment (Details)
$ in Millions
 9 Months Ended
Sep. 30, 2026
USD ($)
Goodwill [Roll Forward]  
Balance as of beginning of period $ 8,931
Acquisitions 1,660
Foreign currency translation and other adjustments (14)
Balance as of end of period 10,577
Mobility  
Goodwill [Roll Forward]  
Balance as of beginning of period 2,409
Acquisitions 953
Foreign currency translation and other adjustments (10)
Balance as of end of period 3,352
Delivery  
Goodwill [Roll Forward]  
Balance as of beginning of period 5,080
Acquisitions 707
Foreign currency translation and other adjustments (4)
Balance as of end of period 5,783
Freight  
Goodwill [Roll Forward]  
Balance as of beginning of period 1,442
Acquisitions 0
Foreign currency translation and other adjustments 0
Balance as of end of period $ 1,442
v3.26.3
Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Intangible Asset, Finite-Lived [Line Items]    
Gross Carrying Value $ 3,533 $ 3,017
Accumulated Amortization (2,163) (1,969)
Net Carrying Value 1,370 1,048
Consumer, Merchant and other relationships    
Intangible Asset, Finite-Lived [Line Items]    
Gross Carrying Value 2,238 1,904
Accumulated Amortization (1,204) (1,083)
Net Carrying Value $ 1,034 $ 821
Weighted Average Remaining Useful Life - Years 8 years 8 years
Developed technology    
Intangible Asset, Finite-Lived [Line Items]    
Gross Carrying Value $ 1,055 $ 930
Accumulated Amortization (813) (754)
Net Carrying Value $ 242 $ 176
Weighted Average Remaining Useful Life - Years 3 years 3 years
Trade name, trademarks and other    
Intangible Asset, Finite-Lived [Line Items]    
Gross Carrying Value $ 240 $ 183
Accumulated Amortization (146) (132)
Net Carrying Value $ 94 $ 51
Weighted Average Remaining Useful Life - Years 4 years 3 years
v3.26.3
Goodwill and Intangible Assets - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Intangible Asset, Goodwill and Other [Abstract]        
Amortization of acquired intangible assets $ 83 $ 72 $ 206 $ 201
v3.26.3
Goodwill and Intangible Assets - Schedule of Future Amortization Expense (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Estimated Future Amortization Expense    
Net Carrying Value $ 1,370 $ 1,048
Intangibles Excluding In-Process Research and Development    
Estimated Future Amortization Expense    
Remainder of 2026 88  
2027 304  
2028 207  
2029 157  
2030 152  
Thereafter 450  
Net Carrying Value $ 1,358  
v3.26.3
Debt and Credit Arrangements - Schedule of Components of Debt (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
May 31, 2025
Nov. 30, 2023
Debt Instrument [Line Items]        
Total debt $ 15,787 $ 10,600    
Less: unamortized discount and issuance costs (123) (79)    
Total debt 15,664 10,521    
Convertible Notes | 2028 Convertible Notes        
Debt Instrument [Line Items]        
Total debt $ 1,725 1,725    
Stated Interest Rates 0.875%     0.875%
Effective Interest Rates 1.10%      
Senior Note | 2028 Exchangeable Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,200 1,125    
Stated Interest Rates 0.00%   0.00%  
Effective Interest Rates 0.00%      
Senior Note | 2029 Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,500 1,500    
Stated Interest Rates 4.50%      
Effective Interest Rates 4.70%      
Senior Note | 2030 Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,250 1,250    
Stated Interest Rates 4.30%      
Effective Interest Rates 4.50%      
Senior Note | 2031 Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,000 1,000    
Stated Interest Rates 4.15%      
Effective Interest Rates 4.30%      
Senior Note | 2034 Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,500 1,500    
Stated Interest Rates 4.80%      
Effective Interest Rates 4.90%      
Senior Note | 2035 Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,250 1,250    
Stated Interest Rates 4.80%      
Effective Interest Rates 5.00%      
Senior Note | 2054 Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,250 1,250    
Stated Interest Rates 5.35%      
Effective Interest Rates 5.40%      
Senior Note | 2029 Euro Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 852 0    
Stated Interest Rates 3.75%      
Effective Interest Rates 4.10%      
Senior Note | 2032 Euro Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,136 0    
Stated Interest Rates 4.13%      
Effective Interest Rates 4.40%      
Senior Note | 2034 Euro Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,136 0    
Stated Interest Rates 4.38%      
Effective Interest Rates 4.60%      
Senior Note | 2038 Euro Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 1,136 0    
Stated Interest Rates 4.75%      
Effective Interest Rates 5.00%      
Senior Note | 2046 Euro Senior Notes        
Debt Instrument [Line Items]        
Total debt $ 852 $ 0    
Stated Interest Rates 5.25%      
Effective Interest Rates 5.50%      
v3.26.3
Debt and Credit Arrangements - Euro Senior Notes, Narrative (Details)
$ in Millions, € in Billions
 9 Months Ended
Sep. 15, 2026
USD ($)
Sep. 15, 2026
EUR (€)
tranche
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Debt Instrument [Line Items]        
Proceeds from issuance of debt | $     $ 9,136 $ 3,359
Euro Senior Notes | Senior Note        
Debt Instrument [Line Items]        
Aggregate principal amount | €   € 4.5    
Number of tranches | tranche   5    
Proceeds from issuance of debt $ 5,200 € 4.5    
v3.26.3
Debt and Credit Arrangements - 2026 Term Loan, Narrative (Details) - USD ($)
$ in Millions
 1 Months Ended
Jun. 30, 2026
Sep. 30, 2026
Dec. 31, 2025
Debt Instrument [Line Items]      
Total debt   $ 15,787 $ 10,600
Unsecured Debt | Line of Credit | 2026 Team Loan      
Debt Instrument [Line Items]      
Aggregate amount of commitments $ 3,000    
Basis spread on variable rate (in percent) 0.825%    
Total debt $ 2,000    
Remaining borrowing capacity $ 1,000    
v3.26.3
Debt and Credit Arrangements - 2028 Convertible Notes and Capped Call Transactions, Narrative (Details)
$ / shares in Units, $ in Millions
 1 Months Ended 3 Months Ended 9 Months Ended
Nov. 30, 2023
USD ($)
day
$ / shares
Rate
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Debt Instrument [Line Items]            
Fair value of long-term debt   $ 15,400   $ 15,400   $ 11,100
Convertible Notes            
Debt Instrument [Line Items]            
Interest expense   $ 0 $ 0 $ 0 $ 0  
Convertible Notes | 2028 Convertible Notes            
Debt Instrument [Line Items]            
Aggregate principal amount $ 1,730          
Stated interest rate 0.875% 0.875%   0.875%    
Capped calls cost $ 141          
Initial cap price (in dollars per share) | $ / shares $ 95.81          
Conversion ratio | Rate 1.37848%          
Conversion price (in dollars per share) | $ / shares $ 72.54          
Redemption price, percentage 100.00%          
Fair value of long-term debt   $ 2,000   $ 2,000    
Convertible Notes | 2028 Convertible Notes | Debt Conversion Terms One            
Debt Instrument [Line Items]            
Threshold number of trading days | day 20          
Threshold number of consecutive trading days | day 30          
Threshold percentage of stock price trigger 130.00%          
Convertible Notes | 2028 Convertible Notes | Debt Conversion Terms Two            
Debt Instrument [Line Items]            
Threshold number of trading days | day 5          
Threshold number of consecutive trading days | day 10          
Threshold percentage of stock price trigger 98.00%          
v3.26.3
Debt and Credit Arrangements - 2028 Exchangeable Senior Notes, Narrative (Details) - Senior Note - 2028 Exchangeable Senior Notes
$ / shares in Units, $ in Millions
 1 Months Ended
May 31, 2025
USD ($)
day
$ / shares
Rate
shares
Sep. 30, 2026
Debt Instrument [Line Items]    
Aggregate principal amount | $ $ 1,150  
Stated interest rate 0.00% 0.00%
Purchase option, principal amount of debt | $ $ 150  
Conversion ratio | Rate 11.76471%  
Conversion price (in dollars per share) | $ / shares $ 8.50  
Redemption price, percentage 100.00%  
Common Class A    
Debt Instrument [Line Items]    
Number of shares of common stock in the unit of reference property (in shares) | shares 1  
Debt Instrument, Term One    
Debt Instrument [Line Items]    
Threshold number of trading days 20  
Threshold number of consecutive trading days 30  
Threshold percentage of stock price trigger 130.00%  
Debt Instrument, Term Two    
Debt Instrument [Line Items]    
Threshold number of trading days 5  
Threshold number of consecutive trading days 10  
Threshold percentage of stock price trigger 98.00%  
v3.26.3
Debt and Credit Arrangements - Credit Agreement, Narrative (Details) - Line of Credit - Revolving Credit Facility - USD ($)
$ in Billions
Sep. 30, 2026
Aug. 06, 2026
Dec. 31, 2025
Sep. 30, 2024
Debt Instrument [Line Items]        
Aggregate amount of commitments   $ 7.7   $ 5.0
Line of credit balance $ 0.0   $ 0.0  
v3.26.3
Debt and Credit Arrangements - Letters of Credit, Narrative (Details) - Line of Credit - USD ($)
$ in Millions
Sep. 30, 2026
Aug. 06, 2026
Dec. 31, 2025
Debt Instrument [Line Items]      
Letters of credit outstanding   $ 324  
Letters of Credit      
Debt Instrument [Line Items]      
Letters of credit outstanding $ 2,100   $ 1,900
Letters of credit outstanding that will reduce the available credit under facilities $ 351   $ 343
v3.26.3
Debt and Credit Arrangements - Commercial Paper, Narrative (Details) - USD ($)
$ in Billions
 1 Months Ended
Jun. 30, 2025
Sep. 30, 2026
Debt Instrument [Line Items]    
Commercial paper   $ 0.0
Commercial paper    
Debt Instrument [Line Items]    
Aggregate principal amount $ 2.0  
Debt term 397 days  
v3.26.3
Supplemental Financial Statement Information - Narrative (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Allowance for accounts receivable $ 118 $ 91
v3.26.3
Supplemental Financial Statement Information - Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Prepaid expenses $ 525 $ 408
Other current assets 2,233 1,494
Prepaid expenses and other current assets $ 2,758 $ 1,902
v3.26.3
Supplemental Financial Statement Information - Schedule of Accrued and Other Current Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Accrued legal, regulatory and non-income taxes $ 2,205 $ 2,052
Accrued Drivers and Merchants liability 1,936 1,626
Accrued compensation and employee benefits 817 777
Income and other tax liabilities 1,020 1,033
Other 2,653 2,263
Accrued and other current liabilities $ 8,631 $ 7,751
v3.26.3
Supplemental Financial Statement Information - Schedule of Other Long-Term Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Deferred tax liabilities $ 25 $ 31
Other 523 381
Other non-current liabilities $ 548 $ 412
v3.26.3
Supplemental Financial Statement Information - Schedule of Other Income (Expenses), Net (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]        
Foreign currency exchange gains (losses), net $ (228) $ (35) $ (197) $ 112
Gains (losses) on debt and equity securities, net (476) 1,471 (338) 1,505
Other, net 88 (10) (233) (117)
Other income (expense), net $ (616) $ 1,426 $ (768) $ 1,500
v3.26.3
Stockholders' Equity - Schedule of Stock Options and SAR Activity (Details)
$ / shares in Units, shares in Thousands, $ in Millions
 9 Months Ended 12 Months Ended
Sep. 30, 2026
USD ($)
$ / shares
shares
Dec. 31, 2025
USD ($)
$ / shares
shares
Options Outstanding Number of Shares    
Outstanding as of beginning of period (in shares) 5,868  
Granted (in shares) 620  
Exercised (in shares) (608)  
Canceled and forfeited (in shares) (331)  
Outstanding as of end of period (in shares) 5,549 5,868
Exercisable (in shares) 3,258  
Weighted-Average Exercise Price Per Share    
Outstanding as of beginning of period (in dollars per share) | $ / shares $ 48.72  
Granted (in dollars per share) | $ / shares 75.51  
Exercised (in dollars per share) | $ / shares 38.90  
Canceled and forfeited (in dollars per share) | $ / shares 58.34  
Outstanding as of end of period (in dollars per share) | $ / shares 52.23 $ 48.72
Exercisable (in dollars per share) | $ / shares $ 42.21  
Weighted-Average Remaining Contractual Life (in years)    
Weighted-Average Remaining Contractual Life (in years), Outstanding 4 years 3 months 7 days 4 years 9 months 14 days
Weighted-Average Remaining Contractual Life (in years), Exercisable 3 years 5 months 4 days  
Aggregate Intrinsic Value, Outstanding | $ $ 100 $ 194
Aggregate Intrinsic Value, Exercisable | $ $ 88  
SARs    
SARs Outstanding Number of SARs    
Outstanding as of beginning of period (in shares) 16  
Granted (in shares) 0  
Exercised (in shares) (9)  
Canceled and forfeited (in shares) 0  
Outstanding as of end of period (in shares) 7 16
Exercisable (in shares) 7  
v3.26.3
Stockholders' Equity - Schedule of Restricted Stock Units Activity (Details) - RSUs
shares in Thousands
 9 Months Ended
Sep. 30, 2026
$ / shares
shares
Number of Shares  
Unvested and outstanding as of beginning of period (in shares) | shares 57,654
Granted (in shares) | shares 41,401
Vested (in shares) | shares (25,268)
Canceled and forfeited (in shares) | shares (8,248)
Unvested and outstanding as of end of period (in shares) | shares 65,539
Weighted-Average Grant-Date Fair Value per Share  
Unvested and outstanding as of beginning of period (in dollars per share) | $ / shares $ 65.69
Granted (in dollars per share) | $ / shares 73.39
Vested (in dollars per share) | $ / shares 58.75
Canceled and forfeited (in dollars per share) | $ / shares 70.20
Unvested and outstanding as of end of period (in dollars per share) | $ / shares $ 72.66
v3.26.3
Stockholders' Equity - Schedule of Stock-Based Compensation Expense By Function (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock-based compensation expense $ 594 $ 465 $ 1,623 $ 1,375
Location, Statement of Income, Balance [Axis]: us-gaap:GeneralAndAdministrativeExpense        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock-based compensation expense 166 103 390 302
Location, Statement of Income, Balance [Axis]: us-gaap:ResearchAndDevelopmentExpense        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock-based compensation expense 333 278 955 826
Location, Statement of Income, Balance [Axis]: us-gaap:SellingAndMarketingExpense        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock-based compensation expense 28 26 80 78
Location, Statement of Income, Balance [Axis]: uber:OperationsAndSupportExpense        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock-based compensation expense $ 67 $ 58 $ 198 $ 169
v3.26.3
Stockholders' Equity - Narrative (Details) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Jul. 31, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Income tax benefit from stock-based compensation expense $ 0 $ 0 $ 392 $ 363  
Authorized repurchase amount (in shares)         $ 20,000
Repurchased and subsequently retired (in shares) 10.0 15.7 56.6 58.6  
Repurchased and subsequently retired $ 750 $ 1,500 $ 4,300 $ 4,600  
Remaining authorized repurchase amount 15,000   15,000    
Excise tax on share repurchases 0 $ 0 0 $ 0  
Restricted Stock, RSUs, and SARs          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unamortized compensation costs $ 4,200   $ 4,200    
Weighted-average recognition period     2 years 9 months 21 days    
v3.26.3
Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Tax Disclosure [Abstract]        
Provision for (benefit from) income taxes $ 244 $ (4,046) $ 1,278 $ (4,306)
v3.26.3
Net Income Per Share - Schedule of Basic and Diluted Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Numerator        
Net income attributable to Uber Technologies, Inc. $ 569 $ 6,652 $ 3,267 $ 9,776
Net income attributable to non-controlling interests, net of tax 57 26 98 19
Net income attributable to common stockholders $ 512 $ 6,626 $ 3,169 $ 9,757
Denominator        
Basic weighted-average common stock outstanding (in shares) 2,038,364 2,084,180 2,042,245 2,089,220
Basic net income per share attributable to common stockholders (in dollars per share) $ 0.25 $ 3.18 $ 1.55 $ 4.67
Numerator        
Net income attributable to common stockholders $ 512 $ 6,626 $ 3,169 $ 9,757
Assumed net loss attributable to Freight Holding contingently issuable shares 0 (13) 0 (40)
Diluted net income attributable to common stockholders $ 512 $ 6,613 $ 3,169 $ 9,717
Denominator        
Number of shares used in basic net income per share computation (in shares) 2,038,364 2,084,180 2,042,245 2,089,220
Dilutive effect of equity awards (in shares) 9,595 30,106 12,094 28,510
Diluted weighted-average common stock outstanding (in shares) 2,050,324 2,124,391 2,057,222 2,124,293
Diluted net income per share attributable to common stockholders (in dollars per share) $ 0.25 $ 3.11 $ 1.54 $ 4.57
Convertible Notes        
Denominator        
Dilutive effect of Convertible Notes (in shares) 191 7,262 604 3,448
Freight Holding contingently issuable shares        
Denominator        
Dilutive effect of contingently issuable shares (in shares) 0 522 7 794
Other contingently issuable shares        
Denominator        
Dilutive effect of contingently issuable shares (in shares) 2,174 2,321 2,272 2,321
v3.26.3
Net Income Per Share - Narrative (Details) - shares
shares in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Antidilutive securities excluded from computation of earnings per share (in shares)   3,000 13,000 3,000
Equity awards        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Antidilutive securities excluded from computation of earnings per share (in shares) 53,000      
v3.26.3
Segment Information and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
segment
Sep. 30, 2025
USD ($)
Segment Reporting [Abstract]        
Number of operating segments | segment     3  
Number of reportable segments | segment     3  
Segment Reporting [Line Items]        
Revenue $ 14,766 $ 13,467 $ 42,160 $ 37,651
Income from operations 1,447 1,113 5,260 3,791
Amortization of acquired intangible assets (83) (72) (206) (201)
Interest expense (152) (112) (387) (325)
Interest income 176 193 523 543
Other income (expense), net (616) 1,426 (768) 1,500
Income before income taxes and income/loss from equity method investments 855 2,620 4,628 5,509
Operating Segments        
Segment Reporting [Line Items]        
Revenue 14,766 13,467 42,160 37,651
Platform Participant direct transaction costs (5,346) (5,414) (14,953) (14,665)
Other (6,034) (5,418) (17,615) (15,649)
Income from operations 3,386 2,635 9,592 7,337
Operating Segments | Mobility        
Segment Reporting [Line Items]        
Revenue 7,520 7,682 21,681 21,466
Platform Participant direct transaction costs (1,427) (2,359) (4,049) (6,188)
Other (3,731) (3,459) (11,026) (10,098)
Income from operations 2,362 1,864 6,606 5,180
Operating Segments | Delivery        
Segment Reporting [Line Items]        
Revenue 5,488 4,477 15,801 12,356
Platform Participant direct transaction costs (2,304) (1,874) (6,621) (5,029)
Other (2,127) (1,792) (6,107) (5,079)
Income from operations 1,057 811 3,073 2,248
Operating Segments | Freight        
Segment Reporting [Line Items]        
Revenue 1,758 1,308 4,678 3,829
Platform Participant direct transaction costs (1,615) (1,181) (4,283) (3,448)
Other (176) (167) (482) (472)
Income from operations (33) (40) (87) (91)
Reconciling items        
Segment Reporting [Line Items]        
Corporate G&A and Platform R&D (1,082) (960) (3,262) (2,802)
Amortization of acquired intangible assets (82) (72) (202) (201)
Legal, non-income tax, and regulatory reserve changes and settlements (484) (479) (496) (507)
Goodwill and asset impairments/loss on sale of assets   (2) (4)  
Acquisition, financing and divestitures related expenses (55) (6) (111) (28)
Loss on lease arrangement, net     (5) (2)
Restructuring and related charges (186) $ (3) (202) $ (4)
Settlement of legacy awards $ (50)   $ (50)  
v3.26.3
Segment Information and Geographic Information - Schedule of Geographic Information (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]        
Revenue $ 14,766 $ 13,467 $ 42,160 $ 37,651
United States and Canada ("US&CAN")        
Segment Reporting [Line Items]        
Revenue 7,814 6,698 22,552 19,478
Latin America ("LatAm")        
Segment Reporting [Line Items]        
Revenue 1,100 829 3,099 2,335
Europe, Middle East and Africa ("EMEA")        
Segment Reporting [Line Items]        
Revenue 3,975 4,388 11,147 11,606
Asia Pacific ("APAC")        
Segment Reporting [Line Items]        
Revenue $ 1,877 $ 1,552 $ 5,362 $ 4,232
v3.26.3
Commitments and Contingencies (Details)
$ in Millions, £ in Billions
 9 Months Ended 46 Months Ended
Sep. 30, 2026
USD ($)
Sep. 30, 2026
GBP (£)
Dec. 31, 2025
USD ($)
Dec. 31, 2025
GBP (£)
Sep. 30, 2026
GBP (£)
Loss Contingencies [Line Items]          
Loss contingency accrual $ 2,200   $ 2,100    
Non-Income Tax Matters          
Loss Contingencies [Line Items]          
Loss contingency accrual 586   215    
HMRC VAT Assessment          
Loss Contingencies [Line Items]          
Loss contingency accrual 1,500       £ 1.2
Loss contingency, damages sought     $ 3,400 £ 2.6  
Loss contingency accrual, payments $ 1,900 £ 1.4      
v3.26.3
Variable Interest Entities - Narrative (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Variable Interest Entity [Line Items]    
Total assets $ 71,067 $ 61,802
Total liabilities 42,104 33,719
Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 3,600 3,300
Total liabilities $ 954 $ 726
v3.26.3
Variable Interest Entities - Schedule of Unconsolidated VIEs (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Variable Interest Entity [Line Items]    
Total assets $ 71,067 $ 61,802
Maximum exposure to loss 1,260 1,509
Loan receivable 745 632
Total liabilities 42,104 33,719
Financial Guarantee    
Variable Interest Entity [Line Items]    
Guarantee, maximum exposure to loss 0 0
Moove    
Variable Interest Entity [Line Items]    
Loan receivable 449 384
Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 1,176 1,329
Total liabilities $ 0 $ 0
v3.26.3
Non-Controlling Interests (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Dec. 31, 2025
Jun. 17, 2025
Noncontrolling Interest [Line Items]                  
Supplier finance program, payment timing, period 30 days           30 days    
Supplier financing program $ 0           $ 0 $ 0  
Re-measurement of non-controlling interests $ (57) $ (11) $ (10) $ 64 $ (14) $ (18)      
Trendyol Go                  
Noncontrolling Interest [Line Items]                  
Voting interest acquired (as a percent)                 85.00%
Freight Holding                  
Noncontrolling Interest [Line Items]                  
Ownership percentage in non-controlling interest 90.00%           90.00% 90.00%  
Diluted ownership percentage in non-controlling interest 89.00%           89.00% 85.00%  
Trendyol Go                  
Noncontrolling Interest [Line Items]                  
Ownership percentage in non-controlling interest 92.00%           92.00%    
Re-measurement of non-controlling interests $ 0           $ 0    
Careem Technologies                  
Noncontrolling Interest [Line Items]                  
Re-measurement of non-controlling interests $ 0                
v3.26.3
Business Combinations - Narrative (Details) - USD ($)
$ in Millions
 2 Months Ended 9 Months Ended
Oct. 05, 2026
Aug. 13, 2026
Jul. 01, 2026
Apr. 16, 2026
Sep. 30, 2026
Sep. 30, 2026
Business Combination [Line Items]            
Revenue contributed by acquiree         $ 0 $ 0
Loss before taxes contributed by acquiree         $ 0 $ 0
SpotHero            
Business Combination [Line Items]            
Voting interest acquired (as a percent)       100.00%    
Cash consideration       $ 617    
Intangible assets acquired       $ 165    
Intangible asset, finite-lived, acquired, weighted-average amortization period       8 years    
SpotHero | Minimum            
Business Combination [Line Items]            
Intangible asset, finite-lived, acquired, weighted-average amortization period       3 years    
SpotHero | Maximum            
Business Combination [Line Items]            
Intangible asset, finite-lived, acquired, weighted-average amortization period       10 years    
Getir Food Delivery            
Business Combination [Line Items]            
Voting interest acquired (as a percent)     100.00%      
Cash consideration     $ 361      
Intangible assets acquired     $ 74      
Intangible asset, finite-lived, acquired, weighted-average amortization period     7 years      
Getir Food Delivery | Minimum            
Business Combination [Line Items]            
Intangible asset, finite-lived, acquired, weighted-average amortization period     1 year      
Getir Food Delivery | Maximum            
Business Combination [Line Items]            
Intangible asset, finite-lived, acquired, weighted-average amortization period     8 years      
Blacklane            
Business Combination [Line Items]            
Cash consideration   $ 554        
Intangible assets acquired   $ 95        
Intangible asset, finite-lived, acquired, weighted-average amortization period   7 years        
Blacklane | Minimum            
Business Combination [Line Items]            
Intangible asset, finite-lived, acquired, weighted-average amortization period   1 year        
Blacklane | Maximum            
Business Combination [Line Items]            
Intangible asset, finite-lived, acquired, weighted-average amortization period   9 years        
Ez Cater Inc | Subsequent Event            
Business Combination [Line Items]            
Cash consideration $ 2,300          
v3.26.3
Business Combinations - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Aug. 13, 2026
Jul. 01, 2026
Apr. 16, 2026
Dec. 31, 2025
Business Combination [Line Items]          
Goodwill $ 10,577       $ 8,931
SpotHero          
Business Combination [Line Items]          
Goodwill       $ 485  
Intangible assets       165  
Tangible assets (liabilities), net       (33)  
Net assets acquired       $ 617  
Getir Food Delivery          
Business Combination [Line Items]          
Goodwill     $ 297    
Intangible assets     74    
Tangible assets (liabilities), net     (10)    
Net assets acquired     $ 361    
Blacklane          
Business Combination [Line Items]          
Goodwill   $ 439      
Intangible assets   95      
Tangible assets (liabilities), net   20      
Net assets acquired   $ 554