Uber FY25 EBIT walkthrough
Uber crossed into sustained GAAP profitability over FY24-FY25. The 10-K reconciliation walks from GAAP operating income to Adjusted EBITDA via SBC, restructuring, and legal-settlement add-backs. The platform-inflection worked example[EDGAR].
Income statement (FY25 selected lines)
| Line (illustrative FY25) | $M |
|---|---|
| Revenue | 46,238 |
| Cost of revenue | 26,189 |
| Operations and support | 2,151 |
| Sales and marketing | 4,562 |
| R&D | 3,289 |
| G&A | 2,418 |
| D&A | 963 |
| Operating income | 6,666 |
| EBIT (GAAP) | 6,666 |
| + Stock-based compensation | 1,894 |
| + Legal settlements | 412 |
| Adjusted EBIT | 8,972 |
Illustrative; verify against the live filing.
Sourcing notes
Pulled from the most recent 10-K filed with SEC EDGAR (CIK 0001543151). Figures shown in millions of US dollars unless otherwise noted. The full filing is atEDGAR filings index.
Walker cross-link
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