UBER
Uber Technologies, Inc.
Technology · Software - Application · United States · Stock
Score Breakdown
Scored for Aggressive Growth profile
Sub-scores are 0–20 each; Model Score is weighted by your selected investment goal. How it works →
Why Ranked Here
- Strong revenue growth of +18.3% and healthy profitability metrics including a 19.3% net margin and 16.3% return on assets contributed meaningfully to the 55.8/100 composite score.
- The conservative leverage profile with a debt-to-equity ratio of 0.39 and a large total asset base of $61,802,000,000 supported the financial health component.
- The absence of a dividend and no macro theme assignment both scored zero, structurally limiting the composite score despite the operational strengths.
Why Not Higher
- Bottom-line growth was far weaker than top-line growth — net income rose only +2.0% and EPS only +3.7% against an +18.3% revenue gain — and quarterly net income was highly erratic, both of which capped the growth and momentum scores.
- Uber's zero scores on dividend and macro theme assignment weighed on the composite, as the model rewards dividend income and payout history and assigns score credit to tracked macro themes.
Data Confidence
9 / 10
Very High — full data coverage
Why This Score
Grounded in figures from this company's SEC EDGAR filings — not a restatement of the score itself.
Revenue grew from FY2024's $43,978,000,000 to FY2025's $52,017,000,000, a gain of +18.3%, while net income rose only +2.0% (FY2024: $9,856,000,000 to FY2025: $10,053,000,000) and diluted EPS increased +3.7% from FY2024's $4.56 to FY2025's $4.73.
The model rewarded the strong top-line expansion of +18.3% but tempered the score because bottom-line growth was considerably weaker, with net income and EPS both advancing by low single digits, suggesting margin pressure or one-time items dampened earnings growth relative to revenue.
In FY2025, Uber posted a net margin of 19.3%, an operating margin of 10.7%, and a return on assets of 16.3%.
The model rewarded these metrics as evidence of meaningful earnings efficiency and asset productivity, with a net margin above 19% and a double-digit return on assets both signaling that the business converts revenue and its asset base into profit at a healthy rate.
In FY2025, Uber carried a debt-to-equity ratio of 0.39 against total assets of $61,802,000,000.
A debt-to-equity ratio of 0.39 in FY2025 indicates a relatively conservative leverage profile, and the scale of total assets suggests a substantial balance-sheet base, both of which the model likely rewarded in this factor.
Quarterly revenue trended upward from $12,651,000,000 in 2025Q2 to a peak of $14,366,000,000 in 2025Q4 before pulling back to $13,203,000,000 in 2026Q1, while operating income showed a generally strengthening trajectory from $1,450,000,000 in 2025Q2 to $1,923,000,000 in 2026Q1 despite a dip in 2025Q3. Net income was highly volatile, spiking to $6,626,000,000 in 2025Q3 then falling sharply to $296,000,000 in 2025Q4 and $263,000,000 in 2026Q1.
The model appears to have credited the improving operating income trend and the overall revenue growth trajectory, while the erratic net income pattern and the 2026Q1 revenue pullback likely prevented a higher score.
Uber does not currently pay a dividend and has no mapped dividend history; it is a genuine non-payer.
Because the model rewards dividend income and payout history, a company with no dividend record receives the minimum score on this factor.
Uber is not currently assigned to any of the 24 tracked macro themes in the model.
The absence of a theme assignment is a neutral classification outcome rather than a negative signal; it simply means the security does not map to a tracked macro theme at this time, which under the model's current methodology results in no theme-based score contribution.
Research Summary
AI-generated analysis reflects data and conditions as of the report date shown above. Verify any specific figures through primary sources before acting on this analysis.
Uber Technologies posted strong top-line growth of +18.3% in FY2025, with revenue rising to $52,017,000,000, though bottom-line expansion was considerably weaker, with net income advancing only +2.0% to $10,053,000,000 and diluted EPS up just +3.7% to $4.73, suggesting margin pressure or one-time items. Profitability metrics are healthy, with a net margin of 19.3%, an operating margin of 10.7%, and a return on assets of 16.3%, while the balance sheet remains conservatively leveraged at a debt-to-equity ratio of 0.39 against total assets of $61,802,000,000. The composite score of 55.8/100 reflects these genuine strengths alongside structural gaps: Uber pays no dividend and carries no macro theme assignment, both of which scored zero and weighed on the overall result. The model's label of Research Further with a Medium risk rating captures this mixed picture of operational quality offset by earnings volatility and scoring gaps.
Plain English
Uber is growing its sales fast and is actually profitable with a solid balance sheet, but its bottom-line earnings barely moved compared to its revenue growth, its quarterly net income has been all over the place, and it pays no dividend — so the model gives it a middling score and says it's worth digging into more before deciding anything.
Bull Case vs. Bear Case
Bull Case
- Revenue grew +18.3% year-over-year to $52,017,000,000 in FY2025, demonstrating strong top-line momentum that the model rewarded.
- Profitability metrics are solid, with a net margin of 19.3%, an operating margin of 10.7%, and a return on assets of 16.3%, indicating the business efficiently converts revenue and assets into profit.
- The balance sheet is conservatively leveraged with a debt-to-equity ratio of 0.39 and a substantial total asset base of $61,802,000,000, providing financial stability.
Bear Case
- Despite strong revenue growth, net income rose only +2.0% and diluted EPS only +3.7% in FY2025, signaling meaningful margin pressure or one-time items that dampened earnings growth.
- Quarterly net income has been highly volatile, spiking to $6,626,000,000 in 2025Q3 before falling sharply to $296,000,000 in 2025Q4 and $263,000,000 in 2026Q1, raising questions about earnings quality.
- Uber pays no dividend and is not assigned to any tracked macro theme, both of which scored zero and weighed on the composite score of 55.8/100.
What Could Change the Picture
Bullish Triggers
- A sustained recovery in quarterly net income back toward the levels seen in 2025Q2 ($1,355,000,000) or higher, alongside continued operating income improvement, would signal that the earnings volatility is transitory rather than structural.
- Continued double-digit revenue growth combined with meaningful bottom-line expansion — closing the gap between the +18.3% revenue gain and the +2.0% net income gain — would strengthen the investment case considerably.
Bearish Triggers
- If quarterly revenue continues the pullback seen from the 2025Q4 peak of $14,366,000,000 to $13,203,000,000 in 2026Q1, it would suggest the top-line growth story is losing momentum.
- Persistent near-zero quarterly net income, as seen in 2025Q4 and 2026Q1, despite growing operating income would raise concerns about below-the-line charges or structural cost issues eroding shareholder returns.
Risk Profile
Medium RiskUber's balance sheet appears manageable with a debt-to-equity ratio of 0.39 and total assets of $61,802,000,000, suggesting limited near-term financial distress risk. However, the extreme volatility in quarterly net income — ranging from $6,626,000,000 in 2025Q3 to $263,000,000 in 2026Q1 — introduces meaningful earnings unpredictability that supports the Medium risk rating.
This report is for educational and research purposes only. It does not constitute financial, investment, legal, or tax advice — always conduct your own due diligence before making investment decisions.