What is Uber Technologies's freight — operating income?

Uber Technologies (UBER) reported freight — operating income of -$30M in Q1 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

Other segment segments

Mobility

$2.03B+27.9%

Delivery

$961M+43.2%

Similar metrics at other companies

WABFreight Segment — Income (loss) from operations

$450M+7.1%

FDXFedex Freight — Operating Income (Loss)

$8M-96.9%

PKGCargo And Freight — Operating Income

$0—

WABFreight Segment — Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

$450M+7.1%

LSTRTransportation Logistics — Operating Income

$44.09M+50.9%

OSKTransport — Operating Income

$4.2M+600%

Other financials

Income statement

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Revenue$13.2B+14.5%

Gross profit$5.9B+29.4%

Operating income$1.9B+56.6%

Net income$263.0M-85.2%

EPS (diluted)$0.13-84.3%

Balance sheet

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Cash & equivalents$8.1B-5.7%

Total debt$12.4B+11.6%

Total equity$24.8B+12.6%

Total assets$59.9B+13.4%

Cash flow

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Operating cash flow$2.4B+1.2%

CapEx$65.0M-12.2%

Free cash flow$2.3B+1.6%

Valuation

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Market cap$145.83B-3.8%

Enterprise value$150.14B-2.6%

P/E17.1×+4.7×

P/S2.7×-0.6×

Profitability

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Gross margin41%+1.5pp

Operating margin11.7%+3.2pp

Net margin15.9%-11.2pp

FCF margin18.3%+1.1pp

Returns & leverage

See full

Return on equity36.6%-37.8pp

Debt / equity0.5×0.0×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Uber Technologies in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Uber Technologies’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Uber Technologies's freight — operating income?: Uber Technologies (UBER) reported freight — operating income of -$30M in Q1 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.