Uber Historical Income Statement

UBER Stock  USD 72.48  4.39  6.45%   
Historical analysis of Uber Technologies income statement accounts such as Tax Provision of 223.7 M, Interest Income of 459.8 M, Interest Expense of 508.3 M or Selling General Administrative of 3.1 B can show how well Uber Technologies performed in making a profits. Evaluating Uber Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Uber Technologies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Uber Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Uber Technologies is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uber Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.

About Uber Income Statement Analysis

Uber Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Uber Technologies shareholders. The income statement also shows Uber investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Uber Technologies Income Statement Chart

At this time, Uber Technologies' Extraordinary Items is relatively stable compared to the past year. As of 09/14/2024, Net Income is likely to grow to about 2 B, while Interest Expense is likely to drop slightly above 508.3 M.

Total Revenue

Total revenue comprises all receipts Uber Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Uber Technologies minus its cost of goods sold. It is profit before Uber Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Uber Technologies income statement and represents the costs associated with goods and services Uber Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Uber Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Uber Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uber Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.At this time, Uber Technologies' Extraordinary Items is relatively stable compared to the past year. As of 09/14/2024, Net Income is likely to grow to about 2 B, while Interest Expense is likely to drop slightly above 508.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit8.1B12.2B14.8B15.6B
Total Revenue17.5B31.9B37.3B39.1B

Uber Technologies income statement Correlations

-0.12-0.450.190.160.380.210.47-0.030.411.00.43-0.44-0.21-0.10.050.390.380.120.16-0.240.270.02-0.25-0.48
-0.120.120.430.380.110.46-0.510.09-0.51-0.12-0.180.050.50.380.52-0.480.180.250.180.24-0.8-0.340.59-0.57
-0.450.120.50.56-0.280.46-0.070.32-0.01-0.45-0.24-0.150.80.790.580.09-0.090.520.290.930.15-0.590.690.28
0.190.430.50.990.271.00.110.460.160.190.32-0.750.850.820.920.270.550.680.640.72-0.14-0.870.77-0.66
0.160.380.560.990.170.970.080.520.130.160.25-0.720.870.870.930.260.470.730.580.78-0.09-0.880.75-0.59
0.380.11-0.280.270.170.340.69-0.290.610.380.55-0.55-0.12-0.260.030.620.93-0.410.81-0.290.03-0.280.28-0.48
0.210.460.461.00.970.340.140.420.170.210.37-0.760.820.780.90.280.60.640.670.67-0.17-0.860.78-0.7
0.47-0.51-0.070.110.080.690.14-0.160.960.470.39-0.52-0.23-0.22-0.130.970.66-0.350.65-0.150.74-0.08-0.030.01
-0.030.090.320.460.52-0.290.42-0.160.11-0.03-0.09-0.230.460.510.450.050.050.420.130.460.01-0.390.29-0.16
0.41-0.51-0.010.160.130.610.170.960.110.410.34-0.52-0.17-0.16-0.090.970.65-0.320.66-0.080.75-0.120.020.04
1.0-0.12-0.450.190.160.380.210.47-0.030.410.43-0.44-0.21-0.10.050.390.380.120.16-0.240.270.02-0.25-0.48
0.43-0.18-0.240.320.250.550.370.39-0.090.340.43-0.690.01-0.090.130.330.50.140.38-0.10.0-0.270.12-0.48
-0.440.05-0.15-0.75-0.72-0.55-0.76-0.52-0.23-0.52-0.44-0.69-0.37-0.36-0.45-0.6-0.71-0.33-0.67-0.3-0.180.63-0.380.58
-0.210.50.80.850.87-0.120.82-0.230.46-0.17-0.210.01-0.370.960.93-0.050.140.780.380.94-0.24-0.80.86-0.31
-0.10.380.790.820.87-0.260.78-0.220.51-0.16-0.1-0.09-0.360.960.91-0.030.030.860.250.96-0.1-0.750.71-0.26
0.050.520.580.920.930.030.9-0.130.45-0.090.050.13-0.450.930.910.030.30.810.430.81-0.25-0.80.79-0.56
0.39-0.480.090.270.260.620.280.970.050.970.390.33-0.6-0.05-0.030.030.68-0.210.710.040.76-0.230.1-0.02
0.380.18-0.090.550.470.930.60.660.050.650.380.5-0.710.140.030.30.68-0.180.92-0.030.04-0.520.46-0.61
0.120.250.520.680.73-0.410.64-0.350.42-0.320.120.14-0.330.780.860.81-0.21-0.18-0.070.77-0.14-0.510.41-0.34
0.160.180.290.640.580.810.670.650.130.660.160.38-0.670.380.250.430.710.92-0.070.280.13-0.670.69-0.39
-0.240.240.930.720.78-0.290.67-0.150.46-0.08-0.24-0.1-0.30.940.960.810.04-0.030.770.280.03-0.710.73-0.02
0.27-0.80.15-0.14-0.090.03-0.170.740.010.750.270.0-0.18-0.24-0.1-0.250.760.04-0.140.130.030.19-0.330.49
0.02-0.34-0.59-0.87-0.88-0.28-0.86-0.08-0.39-0.120.02-0.270.63-0.8-0.75-0.8-0.23-0.52-0.51-0.67-0.710.19-0.840.46
-0.250.590.690.770.750.280.78-0.030.290.02-0.250.12-0.380.860.710.790.10.460.410.690.73-0.33-0.84-0.34
-0.48-0.570.28-0.66-0.59-0.48-0.70.01-0.160.04-0.48-0.480.58-0.31-0.26-0.56-0.02-0.61-0.34-0.39-0.020.490.46-0.34
Click cells to compare fundamentals

Uber Technologies Account Relationship Matchups

Uber Technologies income statement Accounts

201920202021202220232024 (projected)
Tax Provision45M(192M)(492M)(181M)213M223.7M
Interest Income234M55M37M7.6B484M459.8M
Interest Expense559M458M483M565M633M508.3M
Selling General Administrative3.3B2.7B7.1B3.1B2.7B3.1B
Total Revenue14.1B11.1B17.5B31.9B37.3B39.1B
Gross Profit6.9B6.0B8.1B12.2B14.8B15.6B
Operating Income(8.6B)(4.9B)(3.8B)(1.8B)1.1B1.2B
Cost Of Revenue7.2B5.2B9.4B19.7B22.5B23.6B
Income Before Tax(8.4B)(6.9B)(1.0B)(9.4B)2.3B2.4B
Net Income(8.5B)(6.8B)(496M)(9.2B)1.9B2.0B
Income Tax Expense45M(192M)(492M)(181M)213M223.7M
Net Interest Income(325M)(403M)(446M)(426M)(149M)(156.5M)
Depreciation And Amortization730M575M902M947M823M723.3M
Selling And Marketing Expenses4.6B3.6B4.8B4.8B4.4B4.0B
Other Operating Expenses22.7B16.0B21.3B33.7B36.2B22.4B
Net Income From Continuing Ops(8.5B)(6.8B)(570M)(9.2B)2.2B2.3B
Ebit(8.6B)(4.7B)(3.8B)(1.7B)1.4B1.5B
Research Development4.8B2.2B2.1B2.8B3.2B2.6B
Ebitda(7.9B)(4.2B)360M(745M)2.2B2.3B
Total Operating Expenses15.5B10.8B21.3B14.1B13.7B13.3B
Total Other Income Expense Net163M(2.1B)3.3B(7.6B)1.4B1.4B
Reconciled Depreciation472M575M902M947M823M731.5M

Pair Trading with Uber Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Uber Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Uber Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Uber Stock

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The ability to find closely correlated positions to Uber Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uber Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Uber Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Uber Technologies to buy it.
The correlation of Uber Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Uber Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uber Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Uber Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Uber Stock Analysis

When running Uber Technologies' price analysis, check to measure Uber Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.