What is Uber Technologies's freight — operating income?

Uber Technologies (UBER) reported freight — operating income of -$24M in Q2 2026.

What does freight — operating income mean?

This metric measures the profitability of a specific business segment by subtracting direct operating costs and segment-specific expenses from the revenue generated by that unit. It serves as a primary indicator of the segment's ability to cover its own operational overhead and generate sustainable margins independent of corporate-level expenses. A loss indicates that the segment's direct costs and allocated operating expenses currently exceed the revenue it produces.

Uber Technologies (UBER) Freight — Operating Income

Screener

Other segment segments

Mobility

$2.22B+28.1%

Delivery

$1.06B+37.7%

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Other financials

Income statement

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Revenue$14.2B+12.2%

Gross profit$6.4B+26.5%

Operating income$1.9B+30.3%

Net income$2.4B+76.7%

EPS (diluted)$1.17+85.7%

Balance sheet

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Cash & equivalents$7.2B-25.8%

Total debt$14.7B+19.4%

Total equity$27.3B+20.9%

Total assets$65.8B+17.5%

Cash flow

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Operating cash flow$2.9B+11.6%

CapEx$70.0M-21.3%

Free cash flow$2.8B+12.8%

Valuation

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Market cap$138.79B-25.6%

Enterprise value$146.34B-22.7%

P/E14.5×-0.3×

P/S2.5×-1.4×

Profitability

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Gross margin42.3%+2.6pp

Operating margin12.1%+2.6pp

Net margin17.3%-9.3pp

FCF margin18.3%+0.3pp

Returns & leverage

See full

Return on equity38.4%-33.9pp

Debt / equity0.5×0.0×

Current ratio0.8×-0.3×

Where this comes from

Reported directly by Uber Technologies in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Uber Technologies’s 10-Q, filed August 5, 2026.

Filed: Aug 5, 2026, 4:07 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001543151-26-000032

Line item	Mobility	Delivery	Freight	Total
Revenue (1)	$7,288	$4,102	$1,261	$12,651
Platform Participant direct transaction costs (2)	(2,058)	(1,649)	(1,133)	(4,840)
Other (3)	(3,501)	(1,687)	(154)	(5,342)
Segment Operating Income (Loss)	$1,729	$766	$(26)	2,469
Reconciling items:
Corporate G&A and Platform R&D (4)				(935)
Amortization of acquired intangible assets				(65)
Acquisition, financing and divestitures related expenses				(19)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Uber Technologies's freight — operating income?: Uber Technologies (UBER) reported freight — operating income of -$24M in Q2 2026.
What does freight — operating income mean?: This metric measures the profitability of a specific business segment by subtracting direct operating costs and segment-specific expenses from the revenue generated by that unit. It serves as a primary indicator of the segment's ability to cover its own operational overhead and generate sustainable margins independent of corporate-level expenses. A loss indicates that the segment's direct costs and allocated operating expenses currently exceed the revenue it produces.