UBER Uber

Q3 2025 10-Q
Filed: Nov 4, 2025Period ending Sep 30, 2025
Information Technology
Services-Business Services, NECSEC EDGAR

Uber (UBER) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 4, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Revenue $13.5B, up 20% YoY (+$2.3B from $11.2B in Q3 2024), driven by 21% increase in Gross Bookings
  • Adjusted EBITDA $2.3B, up 33.5% YoY ($566M increase from $1.69B); operating income $1.1B, margin ~8.3% vs ~9.5% (Q3 2024 $1.06B on $11.2B)
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Risk Factors

  • New risk: Mexico Federal Labor Law amended in Dec 2024, reclassifying earners making >1 minimum salary/month as employees, increasing labor costs and requiring business model changes
  • Updated risk: California Proposition 22 litigation ongoing after 2020 passage; CA Supreme Court upheld it, but challenges continue, affecting driver classification risks
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Quarterly Financial Summary
XBRL

Revenue

$13.5B

+20.4% YoY +6.5% QoQ

Net Income

$6.6B

+153.7% YoY +389.0% QoQ

Net Margin

49.2%

+2586bp YoY +3849bp QoQ

Source: XBRL data from Uber Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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