Investor Update
Delivering Profitable Growth
Significant progress on bottom line with multiple initiatives to
continue driving profit expansion
Support¹
(% of GBs)
Cost of Payments²
(% of GBs)
R&D and G&A (Non-GAAP)³
(% of GBs)
~280 bps
~100 bps
~80 bps
2019
2021
2023
2019
Reduced in-person support
Increased automation
Low cost locations
Reduced defects
2021
2023
2019
2021
2023
Volume-based discounts
Payment on-shoring
Least cost routing
Alternative payments
Fraud prevention
3%
Headcount Growth
CAGR4
Future margin
expansion drivers
Support
Unlock Generative Al opportunities
to improve support experience
and drive cost efficiencies
Payments
Leverage new tech functionalities
across the platform to minimize
payment costs
Fixed Cost Leverage
Maintain cost discipline on
headcount and SBC
Uber | Investor Update
1. Primarily includes refunds & appeasement expenses and support agent costs
2. Includes payment card fees, chargebacks, and other payment-related expenses
3. See Non-GAAP Reconciliations
4. Compared to 2019
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