v3.23.2
Revenue
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue
Note 2 – Revenue
The following tables present our revenues disaggregated by offering and 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 June 30,Six Months Ended June 30,
2022202320222023
Mobility revenue (1)
$3,553 $4,894 $6,071 $9,224 
Delivery revenue (1)
2,688 3,057 5,200 6,150 
Freight revenue1,832 1,279 3,656 2,679 
Total revenue$8,073 $9,230 $14,927 $18,053 
(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.
Three Months Ended June 30,Six Months Ended June 30,
2022202320222023
United States and Canada ("US&CAN")$4,936 $5,129 $9,498 $10,261 
Latin America ("LatAm")481 627 913 1,192 
Europe, Middle East and Africa ("EMEA")1,846 2,412 2,973 4,506 
Asia Pacific ("APAC")810 1,062 1,543 2,094 
Total revenue$8,073 $9,230 $14,927 $18,053 
Revenue
Mobility Revenue
We derive revenue primarily from fees paid by Mobility Drivers for the use of our platform(s) and related service to facilitate and complete Mobility services and, in certain markets, revenue from fees paid by end-users for connection services obtained via the platform. Mobility revenue also includes immaterial revenue streams such as our financial partnerships products.
Additionally, in certain markets where we are responsible for Mobility services, fees charged to end-users are also included in revenue, while payments to Drivers in exchange for Mobility services are recognized in cost of revenue, exclusive of depreciation and amortization.
Delivery Revenue
We derive revenue for Delivery from Merchants’ and Couriers’ use of the Delivery platform and related service to facilitate and complete Delivery transactions.
During the second quarter of 2023, we implemented a business model change resulting in end-users becoming our customers. In these markets, end-users, in addition to Merchants and Couriers, are our customers.
Additionally, in certain markets where we are responsible for Delivery services, Delivery fees charged to end-users are also included in revenue, while payments to Couriers in exchange for delivery services are recognized in cost of revenue, exclusive of depreciation and amortization.
Delivery also includes advertising revenue from sponsored listing fees paid by Merchants and brands in exchange for advertising services.
Freight Revenue
Freight revenue consists of revenue from freight transportation services provided to Shippers.
Contract Balances and Remaining Performance Obligation
Contract liabilities represent consideration collected prior to satisfying our performance obligations. As of June 30, 2023, we had $119 million of contract liabilities included in accrued and other current liabilities as well as other long-term liabilities on the condensed consolidated balance sheet. Revenue recognized from these contracts during the three and six months ended June 30, 2022 and 2023 was not material.
Our remaining performance obligation for contracts with an original expected length of greater than one year is expected to be recognized as follows (in millions):
Less Than or
Equal To 12 Months
Greater Than
12 Months
Total
As of June 30, 2023
$19 $97 $116