Uber Technologies Inc.
Uber to Introduce New Non-GAAP Financial Measures in Q1 2026
Summary
Uber Technologies, Inc. announced significant changes to its financial reporting practices starting in the first quarter of 2026. The company will introduce new Non-GAAP financial measures, including Non-GAAP Operating Income, Non-GAAP Net Income, and Non-GAAP Earnings Per Share (EPS), to provide a more accurate reflection of its operational performance. These new measures will replace the previously reported Adjusted EBITDA and are designed to bring the company's financial reporting closer to GAAP by including certain items that were previously excluded. Additionally, Uber plans to change its segment operating performance measure from Segment Adjusted EBITDA to Segment Operating Income. These changes aim to offer investors a clearer understanding of the company's financial health and operational results.
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About Uber Technologies Inc.
Uber Technologies Inc. is a global ride-hailing and mobility platform offering consumption-based transport services to millions of users worldwide. Established in 2009, the company revolutionized urban transportation with its innovative app that connects riders with nearby drivers seamlessly, facilitating quicker, cashless, and more flexible journeys. Beyond ride-hailing, Uber Technologies Inc. has expanded its operations to include food delivery through Uber Eats, freight services connecting carriers and shippers, and self-driving car technology aimed at shaping the future of autonomous transport. Uber operates across multiple sectors, impacting automotive, logistics, food service, and technology realms, driving significant digital transformation and adoption in these industries. As a key player in the gig economy, Uber leverages a vast network of independent contractors and a resilient digital platform to maintain and grow its presence in diverse markets, emphasizing user convenience and technological integration in urban mobility solutions. Uber Technologies Inc.'s pivotal role in shared and autonomous transportation underscores its importance in modern market ecosystems, continuously innovating and influencing how we think about getting from point A to point B.
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