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Operating Expense Breakdown
Details major cost categories like R&D, marketing, and general admin so investors can see where Uber is spending to grow, where efficiency gains might come from, and which costs pressure margins.Uber is shifting from cost-cutting to aggressive reinvestment: R&D and sales & marketing have stepped up meaningfully (R&D for AV/AI and S&M for market expansion), operations/support is a steady climb with scale, while D&A remains muted. G&A shows lumpy spikes consistent with M&A and restructuring activity. Management’s call confirms the thesis—large AV commitments and the Delivery Hero deal explain higher spend and the near-term reported take‑rate hit—but strong free cash flow and buyback plans mean investors should watch whether these investments translate to sustainable margin upside rather than just higher headline costs.
Date | Sales and Marketing | Research and Development | General and Administrative | Operations and Support | Depreciation and Amortization |
|---|---|---|---|---|---|
Jun 30, 2026 | $1.51B | $1.04B | $935.00M | $805.00M | $188.00M |
Mar 31, 2026 | $1.33B | $951.00M | $798.00M | $763.00M | $184.00M |
Dec 31, 2025 | $1.35B | $885.00M | $732.00M | $755.00M | $185.00M |
Sep 30, 2025 | $1.28B | $862.00M | $1.18B | $735.00M | $188.00M |
Jun 30, 2025 | $1.21B | $840.00M | $669.00M | $696.00M | $175.00M |
Mar 31, 2025 | $1.06B | $815.00M | $657.00M | $668.00M | $171.00M |
Dec 31, 2024 | $1.21B | $785.00M | $1.11B | $678.00M | $169.00M |
Sep 30, 2024 | $1.10B | $774.00M | $630.00M | $687.00M | $179.00M |
Jun 30, 2024 | $1.11B | $760.00M | $686.00M | $682.00M | $173.00M |
Mar 31, 2024 | $917.00M | $790.00M | $1.21B | $685.00M | $190.00M |