v3.25.4
Net Income Per Share
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Share
Note 12 – 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):
Year Ended December 31,
202320242025
Basic net income per share:
Numerator
Net income including non-controlling interests$2,156 $9,845 $10,093 
Net income (loss) attributable to non-controlling interests, net of tax269 (11)40 
Net income attributable to common stockholders$1,887 $9,856 $10,053 
Denominator
Basic weighted-average common stock outstanding2,035,651 2,094,602 2,085,253 
Basic net income per share attributable to common stockholders (1)
$0.93 $4.71 $4.82 
Diluted net income per share:
Numerator
Net income attributable to common stockholders$1,887 $9,856 $10,053 
Assumed net loss attributable to Uber Technologies, Inc. upon redemption of Freight Holding convertible common shares, non-controlling interest(62)(49)(37)
Interest expense, amortization of debt discount and issuance costs of 2025 Convertible Notes2 — — 
Diluted net income attributable to common stockholders$1,827 $9,807 $10,016 
Denominator
Number of shares used in basic net income (loss) per share computation2,035,651 2,094,602 2,085,253 
Weighted-average effect of potentially dilutive securities:
Dilutive effect of equity awards36,499 41,545 27,421 
Dilutive effect of Freight Holding contingently issuable shares4,301 12,040 597 
Dilutive effect of Convertible Notes12,784 — 4,097 
Dilutive effect of other contingently issuable shares2,547 2,321 2,321 
Diluted weighted-average common stock outstanding2,091,782 2,150,508 2,119,689 
Diluted net income per share attributable to common stockholders (1)
$0.87 $4.56 $4.73 
(1) Per share amounts are calculated using unrounded numbers and therefore may not recalculate.
The following potentially dilutive outstanding securities were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive for the periods presented, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period (in thousands):
Year Ended December 31,
202320242025
Equity awards5,608 21,612 4,704 
Freight Holding contingently issuable shares13,430 — — 
Total19,038 21,612 4,704