v3.26.1
Segment Information and Geographic Information
 3 Months Ended
Mar. 31, 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 March 31, 2025
MobilityDeliveryFreightTotal
Revenue (1)
$6,496 $3,777 $1,260 $11,533 
Platform Participant direct transaction costs (2)
(1,771)(1,506)(1,134)(4,411)
Other (3)
(3,138)(1,600)(151)(4,889)
Segment Operating Income (Loss)$1,587 $671 $(25)2,233 
Reconciling items:
Corporate G&A and Platform R&D (4)
(907)
Amortization of acquired intangible assets(64)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
(28)
Acquisition, financing and divestitures related expenses(3)
Loss on lease arrangement, net(2)
Restructuring and related charges(1)
Income from operations1,228 
Interest expense(105)
Interest income169 
Other income (expense), net93 
Income before income taxes and loss from equity method investments$1,385 
Three Months Ended March 31, 2026
MobilityDeliveryFreightTotal
Revenue (1)
$6,798 $5,068 $1,337 $13,203 
Platform Participant direct transaction costs (2)
(1,260)(2,131)(1,215)(4,606)
Other (3)
(3,509)(1,976)(152)(5,637)
Segment Operating Income (Loss)$2,029 $961 $(30)2,960 
Reconciling items:
Corporate G&A and Platform R&D (4)
(1,077)
Amortization of acquired intangible assets(59)
Legal, non-income tax, and regulatory reserve changes and settlements (5)
129 
Acquisition, financing and divestitures related expenses(25)
Loss on lease arrangement, net(5)
Income from operations1,923 
Interest expense(108)
Interest income175 
Other income (expense), net(1,494)
Income before income taxes and loss from equity method investments$496 
(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), external contractor 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 March 31,
20252026
United States and Canada ("US&CAN")$6,219 $7,128 
Latin America ("LatAm")717 978 
Europe, Middle East and Africa ("EMEA")3,321 3,420 
Asia Pacific ("APAC")1,276 1,677 
Total revenue$11,533 $13,203