Uber Q3 FY25: where the revenue came from and where it went
The whole income statement of Uber for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Nov 4, 2025
Revenue$13.5B
+20% year over year
Gross profit$5.4B
40% margin
Operating profit$1.1B
8% margin
Net profit$6.6B
49% margin
Net profit is larger than what operations earned, because the statement adds $5.5B below it, under Tax benefit and other.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 13.5 | 100% | +20% |
| Mobility | 7.7 | 57% | +20% |
| Delivery | 4.5 | 33% | +29% |
| Freight | 1.3 | 10% | +0% |
| Cost of revenue | −8.1 | 60% | |
| Gross profit | 5.4 | 40% margin | +0pp |
| R&D | −0.9 | 6% | −1pp |
| Sales & marketing | −1.3 | 10% | +0pp |
| G&A | −1.2 | 9% | +3pp |
| Other | −0.9 | 7% | +0pp |
| Operating profit | 1.1 | 8% margin | −1pp |
| Tax benefit and other | 5.5 | ||
| Net profit | 6.6 | 49% margin | +26pp |
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