Uber Technologies Inc
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 14, 2025
UBER$69.69+0.8%Stored close · as of Nov 13, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
Checking your notes…
| UBER TECHNOLOGIES, INC. | |||
|---|---|---|---|
| CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
| (In millions) | |||
| Year Ended December 31, | |||
| 2022 | 2023 | 2024 | |
| Cash flows from operating activities | |||
| Net income (loss) including non-controlling interests | $(9,138) | $2,156 | $9,845 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation and amortization | 947 | 823 | 737 |
| Bad debt expense | 114 | 92 | 61 |
| Stock-based compensation | 1,793 | 1,935 | 1,796 |
| Loss from sale of investments | — | 74 | — |
| Gain on business divestitures | (14) | (204) | — |
| Deferred income taxes | (441) | 26 | (6,027) |
| Accretion of discounts on marketable debt securities, net | (9) | (154) | (251) |
| Impairments of goodwill, long-lived assets and other assets | 28 | 86 | — |
| Impairment of equity method investment | 182 | — | — |
| Loss (income) from equity method investments, net | (107) | (48) | 38 |
| Unrealized (gain) loss on debt and equity securities, net | 7,045 | (1,610) | (1,832) |
| Revaluation of MLU B.V. call option | (191) | — | — |
| Unrealized foreign currency transactions | 96 | 138 | 308 |
| Other | 2 | 106 | 88 |
| Change in assets and liabilities, net of impact of business acquisitions and disposals: | |||
| Accounts receivable | (542) | (758) | (142) |
| Prepaid expenses and other assets | (196) | (1,462) | (694) |
| Operating lease right-of-use assets | 193 | 191 | 196 |
| Accounts payable | (133) | 64 | 86 |
| Accrued insurance reserves | 730 | 2,230 | 2,819 |
| Accrued expenses and other liabilities | 498 | 80 | 330 |
| Operating lease liabilities | (215) | (180) | (221) |
| Net cash provided by operating activities | 642 | 3,585 | 7,137 |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (252) | (223) | (242) |
| Purchases of non-marketable equity securities | (14) | (52) | (289) |
| Purchases of marketable securities | (1,708) | (8,774) | (12,765) |
| Proceeds from maturities and sales of marketable securities | 376 | 5,069 | 10,204 |
| Proceeds from sale of equity method investments | — | 721 | 17 |
| Proceeds from business divestiture | 26 | — | — |
| Acquisition of businesses, net of cash acquired | (59) | — | — |
| Other investing activities | (6) | 33 | (102) |
| Net cash used in investing activities | (1,637) | (3,226) | (3,177) |
| Cash flows from financing activities | |||
| Proceeds from issuance and sale of subsidiary stock units | 255 | — | — |
| Proceeds from the issuance of common stock under the Employee Stock Purchase Plan | 92 | 130 | 156 |
| Issuance of term loan and notes, net of issuance costs | — | 2,824 | 3,972 |
| Purchase of Capped Calls | — | (141) | — |
| Principal repayment on term loan and notes | — | (2,675) | (3,986) |
| Principal repayment on Careem Notes | (80) | (25) | — |
| UBER TECHNOLOGIES, INC. | |||
|---|---|---|---|
| CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
| (In millions) | |||
| Year Ended December 31, | |||
| 2022 | 2023 | 2024 | |
| Principal payments on finance leases | (184) | (171) | (172) |
| Repurchases of common stock | — | — | (1,252) |
| Redemption of non-controlling interests | — | — | (851) |
| Other financing activities | (68) | (37) | 46 |
| Net cash provided by (used in) financing activities | 15 | (95) | (2,087) |
| Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents | (148) | 63 | (267) |
| Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents | (1,128) | 327 | 1,606 |
| Cash and cash equivalents, and restricted cash and cash equivalents | |||
| Beginning of period | 7,805 | 6,677 | 7,004 |
| End of period | $6,677 | $7,004 | $8,610 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for: | |||
| Interest, net of amount capitalized | $513 | $629 | $475 |
| Income taxes, net of refunds | 175 | 234 | 324 |
| Non-cash investing and financing activities: | |||
| Finance lease obligations | 349 | 216 | 4 |
| Right-of-use assets obtained in exchange for lease obligations | 329 | 84 | 132 |
| Ownership interest received in exchange for divestitures | — | 300 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.