#1Uber Technologies, Inc. Q2 2023 Earnings Supplemental Data August 1, 2023#2Non-GAAP Financial Measures Disclosure To supplement our financial information, which is prepared and presented in accordance with generally accepted accounting principles in the United States of America, or GAAP, we use the following non-GAAP financial measures: Adjusted EBITDA; Non-GAAP Costs and Operating Expenses; Revenue Excluding UK Accrual; Mobility Revenue Excluding UK Accrual; Delivery business model change impact on Cost of Revenue; Mobility business model change impact on Cost of Revenue; Free Cash Flow; as well as revenue growth rates in constant currency. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that these non-GAAP financial measures provide meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our recurring core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, and analyzing future periods. These non-GAAP financial measures also facilitate management's internal comparisons to our historical performance. We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business. There are a number of limitations related to the use of non- GAAP financial measures. In light of these limitations we provide specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. For more information on these non-GAAP financial measures, please see the section titled "Non-GAAP Reconciliations" included at the end of this deck. In regards to forward looking non-GAAP guidance provided on our Q2 2023 earnings release and call, we are not able to reconcile the forward-looking non-GAAP Adjusted EBITDA measure to the closest corresponding GAAP measure without unreasonable efforts because we are unable to predict the ultimate outcome of certain significant items. These items include, but are not limited to, significant legal settlements, unrealized gains and losses on equity investments, tax and regulatory reserve changes, restructuring costs and acquisition and financing related impacts. 2#3Forward Looking Statements This presentation contains forward-looking statements regarding our future business expectations, which involve risks and uncertainties. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Forward- looking statements include all statements that are not historical facts and can be identified by terms such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "hope," "intend," "may," "might," "objective," "ongoing," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors relate to, among others: competition, managing our growth and corporate culture, financial performance, investments in new products or offerings, our ability to attract drivers, consumers and other partners to our platform, our brand and reputation, other legal and regulatory developments, particularly with respect to our relationships with drivers and couriers, and the impact of the global economy, including rising inflation and interest rates. In addition, other potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-K for the year ended December 31, 2022 and subsequent annual reports, quarterly reports and other filings filed with the Securities and Exchange Commission from time to time. All information provided in this presentation is as of the date hereof and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of such date. We undertake no duty to update this information unless required by law. 3#4Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q2 2023 Earnings 4#5Platform Highlights Mobility New Products Portfolio Reserve Uber Taxi Auto UberX Share Q2 2023 Earnings Moto Launched new Uber Reserve features and announced market expansions across Hailables, UberX Share and Uber Carshare. Mobility new products Gross Bookings run-rate nearly $8 billion Carshare Advertising 12:20 1 X Order received Arriving at 12:36 PM Latest arrival by 12:50 PM 0 MAKE IT INTO THE GRILLING HALL FLAVOR Make your cookout stand out with HEINZ Singles Grilling Hall of Flavor Make your cookout stand out View recipes now → Help Address 1455 Market Street, San Francisco, CA 94104 Type Deliver to door Ad Announced video ads on Uber, Uber Eats, Drizly and in-car tablets. Advertising revenue run-rate now exceeds $650 million 181 Membership → Uber One BEN Launched Uber One in Costa Rica, South Africa, and Sri Lanka, now available in 15 markets 5#6Higher new product adoption driving overall growth in Mobility engagement Uber Q2 2023 Monthly Trips / Rider Rider who uses... HCV Moto UberX Share Q2 2023 Earnings Taxi Auto Any Mobility Product Reserve 5.4 9.6 Riders who took at least one Moto trip in a given month had 1.8x greater engagement than average. Note 1: Riders defined as the number of unique consumers who completed a Mobility ride on our platform at least once in a given month. Note 2: Monthly Trips / Rider represent Mobility trips taken by riders who have taken at least one trip on a designated new Mobility product in a given month. For example, the "Moto" bar represents Monthly Trips / Rider who took at least one Moto trip during Q2. Note 3: "Any Mobility Product" bar represents the average of Monthly Trips / Rider across all Mobility products. 6#7Strong progress on Grocery and New Verticals product experience contributing to Delivery growth Launched and expanded retail-specific features including catalog enhancements, revamped replacements, feed enhancements (e.g. launchpad logos), courier pick and pack, and much more. Launched Group Grocery product globally, enabling participants to add items, set deadlines of when to order by, and automatically split bills. Increased selection by improving SKU count and pricing, and unlocking major retailers including Kroger (US), Waitrose (UK), M&M Foods (CA), and Carrefour XL (FR) through launches and expansions. Uber Q2 2023 Earnings 18:24 Deliver now Hilton San Francisco Union Square Q Search Uber Eats S SAFEWAY. ELEVEN Spend US$30, save US$8 Split - Russian Hill $0.49 Delivery Fee . 20-35 min Spend US$65, save US$13 STK Steakhouse San Francisco $0.49 Delivery Fee. 30-45 min Save on selected items Home ||| BevMo! Walgreens 49 Eats Shop all 37% O T STK 1. Based on users with 1+ completed Delivery trip on Uber in June 2023 who also placed a New Verticals order during the same month. 2. As of June 2023. 4.6 e Baskets Account PETSMAR $6B Run-rate gross bookings, Q2 2023 13% Of Delivery users who order New Verticals¹ >100K Active New Verticals merchants² 7#8Achieved GAAP operating profitability in Q2 2023 with increasing operating leverage We grew quarterly Gross Bookings by $4.5 billion YoY while reducing GAAP operating costs by $0.2 billion $3.4 billion Uber GAAP Operating Expenses as a Percentage of Gross Bookings 11.7% 2.9% 2.4% 4.2% 2.1% Q2 2022 General & Administrative Q2 2023 Earnings 11.8% 3.1% 2.6% 4.0% 2.1% Q3 2022 10.5% 2.4% 2.4% 3.6% 2.0% Q4 2022 Research & Development 11.5% 3.0% 2.5% 4.0% 2.0% Q1 2023 Sales & Marketing 9.5% 1.5% 2.4% 3.6% 2.0% Q2 2023 $3.2 billion Operations & Support Note 1: Operating Margin is calculated as GAAP Operating Income as a percentage of Gross Bookings. We remain focused on scaling GAAP operating profitability GAAP Operating Income (Loss) and Operating Margin $ In Millions (2.5%) ($713) Q2 2022 (1.7%) ($495) Q3 2022 (0.5%) ($142) Q4 2022 (0.8%) ($262) Q1 2023 1.0% $326 Q2 2023 8#9Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q2 2023 Earnings 9#10Operating Metrics In Millions MAPCS Trips Monthly Trips / MAPC Uber Q2 2023 Earnings 122 Q2 2022 1,872 Q2 2022 5.1 124 Q3 2022 1,953 Q3 2022 5.3 131 Q4 2022 2,104 Q4 2022 5.4 130 Q1 2023 2,124 Q1 2023 5.4 137 Q2 2023 2,282 Q2 2023 5.6 +12% MAPCS Growth YoY +22% Trips Growth YoY Note 1: MAPCs is the number of unique consumers who completed a Mobility ride or received a Delivery order on our platform at least once in a given month, averaged over each month in the quarter. Note 2: We define Trips as the number of completed consumer Mobility rides and Delivery orders in a given period. 10#11Gross Bookings $ in Millions Uber $29,078 Q2 2022 33% 36% Q2 2023 Earnings $29,119 Q3 2022 26% 32% $30,749 Q4 2022 19% 26% $31,408 Q1 2023 19% 22% $33,601 Q2 2023 16% 18% +18% Gross Bookings Constant Currency Growth YoY % Growth YoY % Constant Currency Growth YoY Note 1: We define Gross Bookings as the total dollar value, including any applicable taxes, tolls, and fees, of Mobility rides, Delivery orders, and amounts paid by Freight shippers, in each case without any adjustment for consumer discounts and refunds, Driver and Merchant earnings, and Driver incentives. Gross Bookings do not include tips earned by Drivers. Note 2: "% Constant Currency Growth YoY" is calculated by translating our current period financial results using the corresponding prior period's monthly exchange rates for our transacted currencies other than the U.S. dollar. 11#12Revenue $ in Millions Uber $8,073 Q2 2022 105% 111% Q2 2023 Earnings $8,343 Q3 2022 72% 81% $8,607 Q4 2022 49% 59% $8,823 Q1 2023 29% 33% $9,230 Q2 2023 14% 17% +17% Revenue Constant Currency Growth YoY d) Q1'23 Revenue includes a $1.8 billion net benefit related to business model changes in select markets across Mobility and Delivery. f) Q2'23 Revenue includes a $1.9 billion net benefit related to business model changes in select markets across Mobility and Delivery. Note 2: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. % Growth YoY % Constant Currency Growth YoY Note 1: a) Q2'22 Revenue includes a $1.7 billion net benefit related to business model changes in select markets across Mobility and Delivery and a UK accrual relating to the classification of drivers. b) Q3'22 Revenue includes a $1.7 billion net benefit related to business model changes in select markets across Mobility and Delivery. c) Q4'22 Revenue includes a $1.9 billion net benefit related to business model changes in select markets across Mobility and Delivery. 12#13Adjusted EBITDA $ in Millions 1.3% Uber $364 Q2 2022 Q2 2023 Earnings 1.8% $516 Q3 2022 2.2% $665 Q4 2022 2.4% $761 Q1 2023 2.7% $916 Q2 2023 +$552M YoY improvement in Adjusted EBITDA Adjusted EBITDA Margin as a % of Gross Bookings Note 1: We define Adjusted EBITDA as net income (loss), excluding (i) income (loss) from discontinued operations, net of income taxes, (ii) net income (loss) attributable to non-controlling interests, net of tax, (iii) provision for (benefit from) income taxes, (iv) income (loss) from equity method investments, (v) interest expense, (vi) other income (expense), net, (vii) depreciation and amortization, (viii) stock-based compensation expense, (ix) certain legal, tax, and regulatory reserve changes and settlements, (x) goodwill and asset impairments/loss on sale of assets, (xi) acquisition and financing related expenses, (xii) restructuring and related charges and (xiii) other items not indicative of our ongoing operating performance, including COVID-19 response initiatives related payments for financial assistance to Drivers personally impacted by COVID-19, the cost of personal protective equipment distributed to Drivers, Driver reimbursement for their cost of purchasing personal protective equipment, the costs related to free rides and food deliveries to healthcare workers, seniors, and others in need as well as charitable donations. Note 2: We define Adjusted EBITDA margin as a percentage of Gross Bookings as Adjusted EBITDA divided by Gross Bookings. Note 3: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. 13#14Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q2 2023 Earnings 14#15Mobility Highlights $ in Millions Gross Bookings % Constant Currency Growth YoY Revenue % Constant Currency Growth YoY Adjusted EBITDA Uber Q2 2023 Earnings $13,364 57% 26.6% O $3,553 126% 5.8% $771 Q2 2022 $13,684 45% 27.9% $3,822 83% 6.6% $898 Q3 2022 $14,894 37% 27.8% $4,136 94% 6.8% $1,012 Q4 2022 $14,981 Note 2: Take Rate is defined as Revenue as a percentage of Gross Bookings. Note 3: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 4: All measures are for Mobility segment unless otherwise noted. 43% 28.9% $4,330 78% 7.1% $1,060 Q1 2023 $16,728 28% 29.3% $4,894 40% 7.0% $1,170 Q2 2023 Note 1: a) Q2'22 Revenue includes the net benefit of $983 million as a result of business model changes in the UK and a UK accrual relating to the classification of drivers. b) Q3'22 Revenue includes the benefit of $1.1 billion as a result of business model changes in the UK. c) Q4'22 Revenue includes the benefit of $1.2 billion as a result of business model changes in the UK. d) Q1'23 Revenue includes the benefit of $1.1 billion as a result of business model changes in the UK. e) Q2'23 Revenue includes the benefit of $1.4 billion as a result of business model changes in the UK. +28% Gross Bookings Constant Currency Growth YoY Revenue: Take Rate Adjusted EBITDA: Segment Adjusted EBITDA Margin as a % of Gross Bookings 15#16Delivery Highlights $ in Millions Gross Bookings % Constant Currency Growth YoY Revenue % Constant Currency Growth YoY Adjusted EBITDA Uber Q2 2023 Earnings $13,876 12% 19.4% $2,688 43% 0.7% O $99 Q2 2022 $13,684 13% 20.2% $2,770 33% 1.3% $181 Q3 2022 $14,315 14% 20.5% $2,931 33% 1.7% $241 Q4 2022 Note 1: Take Rate is defined as Revenue as a percentage of Gross Bookings. Note 2: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. $15,026 12% 20.6% $3,093 29% 1.9% $288 Q1 2023 $15,595 14% 19.6% $3,057 17% 2.1% $329 Q2 2023 Note 3: All measures are for Delivery segment unless otherwise noted. Note 4: Revenue amounts for each quarter reported on this page include a $711 million, $683 million, $686 million, $652 million, and a $504 million net benefit related to Delivery business model changes in select markets for Q2'22, Q3'22, Q4'22, Q123, and Q2'23 respectively. +$230M YoY improvement in Adjusted EBITDA Revenue: Take Rate Adjusted EBITDA: Segment Adjusted EBITDA Margin as a % of Gross Bookings 16#17Freight Highlights $ in Millions Revenue % Constant Currency Growth YoY Adjusted EBITDA Uber Q2 2023 Earnings $1,832 427% $5 O 0.3% Q2 2022 $1,751 336% $1 0.1% Q3 2022 $1,540 43% ($8) (0.5%) Q4 2022 $1,400 (23%) ($23) (1.6%) Q1 2023 Note 1: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 2: All measures are for Freight segment unless otherwise noted. Note 3: Since Q4 2021, Revenue includes contributions from the acquisition of Transplace which closed on November 12, 2021 $1,279 (30%) ($14) (1.1%) Q2 2023 Adjusted EBITDA: Segment Adjusted EBITDA Margin as a % of Revenue 17#18Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q2 2023 Earnings 18#19Condensed Consolidated Statements of Operations (Unaudited) $ in Millions, except share amounts, which are in thousands, and per share amounts Uber Q2 2023 Earnings Revenue Costs and expenses Cost of revenue, exclusive of depreciation and amortization shown separately below Operations and support Sales and marketing Research and development General and administrative Depreciation and amortization Total costs and expenses Income (loss) from operations Interest expense Other income (expense), net Income (loss) before income taxes and income from equity method investments Provision for (benefit from) income taxes Income from equity method investments Net income (loss) including non-controlling interests Less: net income (loss) attributable to non-controlling interests, net of tax Net income (loss) attributable to Uber Technologies, Inc. Net income (loss) per share attributable to Uber Technologies, Inc. common stockholders: Basic Diluted Weighted-average shares used to compute net income (loss) per share attributable to common stockholders: Basic Diluted Three Months Ended June 30, 2022 $8,073 5,153 617 1,218 704 851 243 $8,786 ($713) (139) (1,704) (2,556) 77 17 (2,616) (15) ($2,601) ($1.32) ($1.33) 1,964,304 1,968,882 2023 $9,230 5,515 664 1,218 808 491 208 $8,904 $326 (144) 273 455 65 4 394 $394 $0.19 $0.18 2,026,813 2,079,265 Six Months Ended June 30, 2022 $14,927 9,179 1,191 2,481 1,291 1,483 497 $16,122 ($1,195) (268) (7,261) (8,724) (155) 35 (8,534) (4) ($8,530) ($4.36) ($4.37) 1957,127 1,960,871 2023 $18,053 10,774 1,304 2,480 1,583 1,433 415 $17,989 $64 (312) 565 317 120 40 237 $237 $0.12 $0.10 2,018,233 2,066,260 19#20Condensed Consolidated Balance Sheets (Unaudited) $ in Millions Uber Q2 2023 Earnings Assets Cash and cash equivalents Short-term investments Restricted cash and cash equivalents Accounts receivable, net Prepaid expenses and other current assets Total current assets Restricted cash and cash equivalents Restricted investments Investments Equity method investments Property and equipment, net Operating lease right-of-use assets Intangible assets, net Goodwill Other assets Total assets As of December 31, 2022 $4,208 103 680 2,779 1,479 $9,249 1,789 1,614 4,401 870 2,082 1,449 1,874 8,263 518 $32,109 As of June 30, 2023 $4,995 538 909 2,576 1,646 $10,664 2,556 1,808 5,108 59 2,116 1,295 1,607 8,151 704 $34,068 20#21Continued: Condensed Consolidated Balance Sheets (Unaudited) $ in Millions Uber Q2 2023 Earnings Liabilities, redeemable non-controlling interests and equity Accounts payable Short-term insurance reserves Operating lease liabilities, current Accrued and other current liabilities Total current liabilities Long-term insurance reserves Long-term debt, net of current portion Operating lease liabilities, non-current Other long-term liabilities Total liabilities Redeemable non-controlling interests Equity Common stock Additional paid-in capital Accumulated other comprehensive loss Accumulated deficit Total Uber Technologies, Inc. stockholders' equity Non-redeemable non-controlling interests Total equity Total liabilities, redeemable non-controlling interests and equity As of December 31, 2022 $728 1,692 201 6,232 $8,853 3,028 9,265 1,673 786 $23,605 430 40,550 (443) (32,767) $7,340 734 $8,074 $32,109 As of June 30, 2023 $694 1,729 179 6,033 $8,635 3,931 9,255 1,597 822 $24,240 408 41,637 (443) (32,530) $8,664 756 $9,420 $34,068 21#22Summary of liquidity position and equity stakes Liquidity Position Uber Q2 2023 Earnings $5.5B Unrestricted cash, cash equivalents, and short-term investments Equity Stakes (Carrying value) Other Joby Aurora Grab Didi $5.1B $0.4B $0.3B $0.9B $1.8B $1.7B Uber's Ownership Position DiDi Grab Aurora JOBYⓇ Lime Note 1: Liquidity position excluding revolver. As of June 30, 2023, undrawn revolver provides an additional liquidity of $2.0B, net of letters of credit. Additionally, Uber's long-term debt was roughly $9.3 billion. Note 2: All equity stakes and dollar ownership amounts based on carrying value as of June 30, 2023, which may be different than potential market transaction values. Note 3: As of June 30, 2023, Uber owns approximately 536M shares of Grab, 301M shares of Aurora, 26M shares of Joby, and 144M ordinary shares of Didi (each ADS listed in the OTC market represents 0.25 ordinary shares). Note 4: Ownership stake percentages as of June 30, 2023 and based on a fully diluted basis. ~11% ~14% ~26% ~4% ~31% 22#23Condensed Consolidated Statements of Cash Flows (Unaudited) $ in Millions Uber Q2 2023 Earnings Cash flows from operating activities Net income (loss) including non-controlling interests Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization Bad debt expense Stock-based compensation Deferred income taxes Income from equity method investments, net Unrealized (gain) loss on debt and equity securities, net Loss from sale of investment Impairments of goodwill, long-lived assets and other assets Impairment of equity method investment Revaluation of MLU B.V. call option Unrealized foreign currency transactions Other Change in assets and liabilities, net of impact of business acquisitions and disposals: Accounts receivable Prepaid expenses and other assets Operating lease right-of-use assets Accounts payable Accrued insurance reserves Accrued expenses and other liabilities Operating lease liabilities Net cash provided by operating activities Three Months Ended June 30, 2022 ($2,616) 243 33 470 14 (17) 1,677 2 11 25 (7) (103) 78 53 (53) 192 486 (49) $439 2023 $394 208 24 504 6 (4) (386) 74 11 2 6 (13) (114) 42 (19) 588 (87) (46) $1,190 Six Months Ended June 30, 2022 ($8,534) 497 51 829 (267) (35) 7,247 15 182 (170) 10 (2) (129) 58 95 (45) 326 414 (88) $454 2023 $237 415 44 974 16 (40) (706) 74 78 85 10 155 (233) 94 (26) 938 (229) (90) $1,796 23#24Continued: Condensed Consolidated Statements of Cash Flows (Unaudited) $ in Millions Uber Q2 2023 Earnings Cash flows from investing activities Purchases of property and equipment Purchases of non-marketable equity securities Purchases of marketable securities Proceeds from maturities and sales of marketable securities Proceeds from sale of equity method investment Acquisition of businesses, net of cash acquired Other investing activities Net cash provided by (used in) investing activities Cash flows from financing activities Issuance of term loans and notes, net of issuance costs Principal repayment on term loan and notes Principal payments on finance leases Proceeds from the issuance of common stock under the Employee Stock Purchase Plan Other financing activities Net cash provided by (used in) financing activities Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents Net increase in cash and cash equivalents, and restricted cash and cash equivalents Cash and cash equivalents, and restricted cash and cash equivalents Beginning of period End of period Three Months Ended June 30, 2022 ($57) (1) 4 ($54) (46) 59 (8) $5 (118) $272 7,592 $7,864 2023 ($50) (1,361) 1,127 703 (11) $408 (7) (42) 85 6 $42 27 $1,667 6,793 $8,460 Six Months Ended June 30, 2022 ($119) (14) (59) 3 ($189) (108) 59 (59) ($108) (98) $59 7,805 $7,864 2023 ($107) (2,207) 1,627 703 (7) $9 1,121 (1,144) (82) 85 (45) ($65) 43 $1,783 6,677 $8,460 24#25Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q2 2023 Earnings 25#26Adjusted EBITDA Reconciliation (Unaudited) $ in Millions Mobility Delivery Freight Corporate G&A and Platform R&D Adjusted EBITDA Add (deduct): Legal, tax, and regulatory reserve changes and settlements Goodwill and asset impairments/loss on sale of assets Restructuring and related charges Mass arbitration fees, net Gain on lease arrangements, net Acquisition, financing and divestitures related expenses Accelerated lease costs related to cease-use of ROU assets Depreciation and amortization Stock-based compensation expense Other income (expense), net Interest expense Income from equity method investments (Provision for) benefit from income taxes Net (income) loss attributable to non-controlling interests, net of tax Net income (loss) attributable to Uber Technologies, Inc. Uber Q2 2023 Earnings Jun 30, '22 $771 99 5 (511) $364 (368) (4) 14 (6) (243) (470) (1,704) (139) 17 (77) 15 ($2,601) Sep 30, '22 $898 181 1 (564) $516 (283) (19) (227) (482) (535) (146) 30 (58) (2) ($1,206) Three Months Ended Dec 31, '22 $1,012 241 (8) (580) $665 (81) (8) (7) (6) (223) (482) 767 (151) 42 84 (5) $595 Mar 31, '23 $1,060 288 (23) (564) $761 (250) (67) (22) 1 (8) I (207) (470) 292 (168) 36 (55) ($157) Jun 30, '23 $1,170 329 (14) (569) $916 155 (16) (9) 2 (10) (208) (504) 273 (144) 4 (65) $394 26#27Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) $ in Millions Revenue GAAP Cost of Revenue, excluding D&A Acquisition, financing, and divestitures related expenses Non-GAAP Cost of Revenue Non-GAAP Operating Expenses GAAP Operations and support Restructuring and related charges Acquisition, financing and divestitures related expenses Gain on lease arrangements, net Stock-based compensation Non-GAAP Operations and support Uber Q2 2023 Earnings Jun 30, '22 $8,073 5,153 $5,153 $617 (40) $577 Sep 30, '22 $8,343 5,173 (5) $5,168 $617 (41) $576 Three Months Ended Dec 31, '22 $8,607 5,307 $5,307 $605 (1) I (40) $564 Mar 31, '23 $8,823 5,259 $5,259 $640 (8) (3) I (38) $591 Jun 30, '23 $9,230 5,515 $5,515 $664 (1) (3) 1 (45) $616 Note 1: Quarterly trends for cost of revenue are not directly comparable due to the classification of certain Delivery and Mobility payments and incentives as cost of revenue attributable to business model changes in some countries. 27#28Continued: Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) $ in Millions GAAP Sales and marketing Restructuring and related charges Stock-based compensation Non-GAAP Sales and marketing GAAP Research and development Restructuring and related charges Stock-based compensation Non-GAAP Research and development GAAP General and administrative Legal, tax, and regulatory reserve changes and settlements Goodwill and asset impairment/loss on sale of assets Restructuring and related charges Gain on lease arrangements, net Acquisition, financing, and divestitures related expenses Accelerated lease costs related to cease-use of ROU asssets Mass arbitration fees Stock-based compensation Non-GAAP General and administrative Uber Q2 2023 Earnings Jun 30, '22 $1,218 (28) $1,190 $704 (277) $427 $851 (271) (4) (6) 14 (125) $459 Sep 30, '22 $1,153 (26) $1,127 $760 (292) $468 $908 (283) (14) (123) $488 Three Months Ended Dec 31, '22 $1,122 (26) $1,096 $747 (295) $452 $745 (81) (8) (6) (6) (121) $523 Mar 31, '23 $1,262 (1) (24) $1,237 $775 (11) (290) $474 $942 (250) (67) (2) 1 (5) (118) $501 Jun 30, '23 $1,218 (26) $1,192 $808 (3) (317) $488 $491 155 (16) (5) 1 (7) (116) $503 28#29Revenue Excluding UK Accrual Reconciliations $ in Millions Revenue Excluding UK Accrual reconciliation Revenue Add back: UK Accrual Revenue Excluding UK Accrual Mobility Revenue Excluding UK Accrual reconciliation Mobility Revenue Add back: UK Accrual Mobility Revenue Excluding UK Accrual Uber Q2 2023 Earnings Jun 30, '22 8,073 97 $8,170 Jun 30, '22 3,553 97 $3,650 Sep 30, '22 8,343 $8,343 Sep 30, '22 3,822 $3,822 Three Months Ended Dec 31, '22 8,607 $8,607 Three Months Ended Dec 31, '22 4,136 $4,136 Mar 31, '23 8,823 $8,823 Mar 31, '23 4,330 $4,330 Jun 30, '23 9,230 $9,230 Jun 30, '23 4,894 $4,894 29#30Business Model Change Impact on Revenue $ in Millions Mobility Gross Bookings Revenue Reported Take Rate Business Model Change Impact* Impact on Take Rate Delivery Gross Bookings Revenue Reported Take Rate Business Model Change Impact* Impact on Take Rate Uber Q2 2023 Earnings Jun 30, '22 $13,364 $3,553 26.6% $983 7.4% Jun 30, '22 $13,876 $2,688 19,4% $711 5.1% Sep 30, '22 $13,684 $3,822 27.9% $1,053 7.7% Sep 30, '22 $13,684 $2,770 20.2% $683 5.0% Three Months Ended Dec 31, '22 $14,894 $4,136 27.8% $1,189 8.0% Three Months Ended Dec 31, '22 $14.315 $2,931 20.5% $686 4.8% Mar 31, ¹23 $14,981 $4,330 28.9% $1,126 7.5% Mar 31, 23 $15,026 $3,093 20,6% $652 4.3% Jun 30, '23 $16,728 $4,894 29.3% $1,360 8.1% Jun 30, '23 $15,595 $3,057 19.6% $504 3.2% Note 1: Delivery business model changes in some countries resulted in the classification of certain Delivery payments and incentives as Cost of Revenue and Sales & Marketing costs as Contra Revenue. Note 2: Mobility business model change in the UK resulted in the classification of certain Mobility payments and incentives as Cost of Revenue. Note 3: The impacts due to business model changes shown here only reflect the net portion that impacted Revenue for the Delivery and Mobility segments. Delivery and Mobility business model changes also resulted in impacts to other financial statement line items but are not shown here. 30#31Business Model Change Impact on Cost of Revenue $ in Millions GAAP Cost of Revenue Non-GAAP Cost of Revenue¹ Non-GAAP Cost of Revenue (% of Gross Bookings) Delivery business model change impact² Mobility business model change impact³ Total business model change impact Impact on Cost of Revenue Uber Q2 2023 Earnings Jun 30, '22 $5,153 $5,153 17.7% $942 $831 $1,773 6.1% Sep 30, '22 $5,173 $5,168 17.7% $1,011 $804 $1,815 6.2% Note 1: See page 27 for Non-GAAP Cost of Revenue reconciliation Note 2: Delivery business model changes in some countries resulted in the classification of certain Delivery payments and incentives as Cost of Revenue. Note 3: Mobility business model change in the UK resulted in the classification of certain Mobility payments and incentives as Cost of Revenue. Three Months Ended Dec 31, '22 $5,307 $5,307 17.3% $1,116 $896 $2,013 6.5% Mar 31, '23 $5,259 $5,259 16.7% $1,123 $847 $1,970 6.3% Jun 30, '23 $5,515 $5,515 16.4% $1,150 $1,016 $2,166 6.4% Note 4: The impacts to Cost of Revenue due to business model changes shown here only reflect the portion that impacted Cost of Revenue for the Delivery and Mobility segments. Delivery and Mobility business model changes also resulted in impacts to other financial statement line items but are not shown here. 31#32Free Cash Flow Reconciliation $ in Millions Free Cash Flow reconciliation: Net cash provided by (used in) operating activities Purchases of property and equipment Free Cash Flow Free Cash Flow, excluding HMRC VAT claims settlement: Add: HMRC VAT claims settlement Free Cash Flow, excluding HMRC VAT claims settlement Uber Q2 2023 Earnings Jun 30, '22 439 (57) $382 $382 Sep 30, '22 432 (74) $358 $358 Three Months Ended Dec 31, '22 (244) (59) ($303) 733 $430 Mar 31, '23 606 (57) $549 $549 Jun 30, '23 1,190 (50) $1,140 $1,140 Note 1: Net cash provided by (used in) operating activities and Free Cash Flow in Q4'22 experienced a cash outflow of approximately $733 million (GBP 613 million) to resolve all outstanding HMRC VAT claims related to periods prior to our model change on March 14, 2022. 32