Uber Technologies, Inc. Reports Changes to Non-GAAP and Segment Reporting Measures
Summary
Uber Technologies, Inc. announced significant changes to its financial reporting, effective beginning in the first quarter of 2026. The Company will replace its Adjusted EBITDA with new non-GAAP measures: Non-GAAP Operating Income, Non-GAAP Net Income, and Non-GAAP EPS. These new measures will incorporate depreciation, amortization (excluding acquired intangibles), and stock-based compensation, bringing them closer to GAAP. * The Company will also change its segment operating performance measure from Segment Adjusted EBITDA to Segment Operating Income. * Beginning with the Annual Report on Form 10-K for the fiscal year ending December 31, 2025, interest income will be reclassified to be presented separately.
Why It Matters
These changes are material as they alter how Uber presents its core profitability and segment performance, providing investors with metrics that include previously excluded expenses like depreciation and stock-based compensation, thus offering a more comprehensive view of operational results.
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Key Quote
“New Non-GAAP Measures Beginning in the first quarter of 2026, Uber Technologies, Inc. (the "Company" or "we") will report its Non-GAAP Operating Income, Non-GAAP Net Income and Non-GAAP Earnings Per Share ("EPS").”
— From Item 8.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001543151
- Filing Date
- Monday, January 12, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive