| 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): | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | | 2023 | | 2024 | | 2025 | | 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 tax | | 269 | | | (11) | | | 40 | | | Net income attributable to common stockholders | | $ | 1,887 | | | $ | 9,856 | | | $ | 10,053 | | | Denominator | | | | | | | | Basic weighted-average common stock outstanding | | 2,035,651 | | | 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 Notes | | 2 | | | — | | | — | | | 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 computation | | 2,035,651 | | | 2,094,602 | | | 2,085,253 | | | Weighted-average effect of potentially dilutive securities: | | | | | | | | Dilutive effect of equity awards | | 36,499 | | | 41,545 | | | 27,421 | | | Dilutive effect of Freight Holding contingently issuable shares | | 4,301 | | | 12,040 | | | 597 | | | Dilutive effect of Convertible Notes | | 12,784 | | | — | | | 4,097 | | | Dilutive effect of other contingently issuable shares | | 2,547 | | | 2,321 | | | 2,321 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted weighted-average common stock outstanding | | 2,091,782 | | | 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.
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| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
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, | | | 2023 | | 2024 | | 2025 | | Equity awards | | 5,608 | | | 21,612 | | | 4,704 | | | Freight Holding contingently issuable shares | | 13,430 | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | 19,038 | | | 21,612 | | | 4,704 | |
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