Uber Technologies Inc (UBER)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	9,856,000	4,402,000	2,011,000	1,390,000	1,887,000	1,053,000	-374,000	-3,401,000	-9,180,000	-8,883,000	-10,101,000	-6,324,000	-496,000	-2,356,000	-1,021,000	-3,940,000	-6,768,000	-6,896,000	-6,969,000	-10,430,000
Revenue (ttm)	US$ in thousands	43,978,000	41,955,000	40,059,000	38,589,000	37,281,000	35,952,000	35,003,000	33,846,000	31,877,000	29,048,000	25,550,000	21,406,000	17,455,000	14,842,000	13,126,000	11,438,000	12,078,000	12,982,000	13,666,000	14,591,000
Net profit margin		22.41%	10.49%	5.02%	3.60%	5.06%	2.93%	-1.07%	-10.05%	-28.80%	-30.58%	-39.53%	-29.54%	-2.84%	-15.87%	-7.78%	-34.45%	-56.04%	-53.12%	-51.00%	-71.48%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $9,856,000K ÷ $43,978,000K
= 22.41%

Uber Technologies Inc's net profit margin has exhibited a volatile trend over the analyzed period. Starting off with negative margins in the range of -71.48% to -56.04% in 2020, the company managed to narrow its losses gradually, reaching -2.84% by the end of December 2021. Subsequently, there was a setback as the net profit margin decreased to -39.53% by June 30, 2022. However, from that point onwards, Uber's financial performance started to improve significantly, with the net profit margin turning positive at 5.06% by the end of December 31, 2023, and further increasing to 22.41% by the end of December 31, 2024. This positive momentum indicates a noteworthy turnaround in Uber's profitability, potentially driven by strategic initiatives and operational efficiencies implemented by the company.