Company data sheet · Uber

Uber: four lost years, and the economy wasn't the reason.

Industry
Business Services
Headquarters
United States
Ticker
UBER (NYSE)
Sources
SEC filings (2012–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
Data as of
October 18, 2026
  1. From profit to four straight losses. Uber earned $1 billion in 2018–2018. Then it lost money every year from 2019 to 2022: $24.9 billion in all. 2023 was its first profit in five years: $1.9 billion.
  2. It outgrew its own economy many times over. Revenue rose from $7.9 billion in 2017 to $52 billion in 2025: 6.6 times as much. The US economy, counted the same way in money terms, grew about 53%. Whatever drove it, the economy around it does not account for growth of that size.
  3. It wasn't the cycle. The losses began in 2019, a year the US economy grew 2.6%. When a company falls while its economy grows, look inside the company first.
  4. Eleven decisions on record. Stratrix has verified eleven of Uber's big decisions, each with what happened next. The hardest year after: "Uber's Zero-Cash Self-Driving Handoff Was a Controlled Exit From Three Liabilities", with its shares 18 points behind the S&P 500 over the next three years.

Financial results

Fiscal yearRevenueNet income
2017$7.9 billion−$4 billion
2018$10.4 billion$1 billion
2019$13 billion−$8.5 billion
2020$11.1 billion−$6.8 billion
2021$17.5 billion−$0.5 billion
2022$31.9 billion−$9.1 billion
2023$37.3 billion$1.9 billion
2024$44 billion$9.9 billion
2025$52 billion$10.1 billion

As reported in its annual filings. Losses in red.

Stratrix Decision Cases

The full data sheet · Data Plan

Everything behind these findings, ready for your board deck.

  • Market reaction to disclosed decisions: 41 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (24 with market data).
  • Economic context: 7 measures for the United States, every year since 2016, from the official sources.
  • Peer comparison: against 74 companies of its size in its sector.
  • Financial results: ten years of revenue, operating and net income, and every annual report, linked.
  • Methods and sources, so each number can be checked and cited.

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