Uber Results Presentation Deck
Approaching GAAP operating profitability in 2023,
with increasing operating leverage
We grew quarterly Gross Bookings by $12.6
billion, while adding only $0.2 billion to GAAP
operating costs (Q4'19 to Q4'22)
$3.0
billion
GAAP Operating Expenses as a Percentage of Gross Bookings
Uber
16.6%
3.6%
3.4%
6.9%
2.8%
Q4'19
Operations & Support
Q4 2022 Earnings
14.1%
3.1%
2.8%
6.1%
2.2%
Q4'20
Sales & Marketing
11.5%
2.4%
2.2%
4.9%
2.1%
Q4'21
Research & Development
10.5%
2.4%
2.4%
3.6%
2.0%
$3.2
billion
Q4'22
General & Administrative
Note 1: Operating Margin is calculated as GAAP Operating Income as a percentage of Gross Bookings.
We will maintain our focus on efficiency, and
expect to reach quarterly GAAP operating
income profitability in 2023
GAAP Operating Loss and Operating Margin
$ In Millions
(5.4%)
($971)
Q4'19
(5.1%)
($877)
Q4'20
(2.1%)
($550)
Q4'21
(0.5%)
($142)
Q4'22
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