8-KOther Events

Uber Technologies, Inc 8-K Report, Corporate Update (Jan 12, 2026)

Filed January 12, 2026For Securities:UBER

Summary

Uber Technologies, Inc. (UBER) has filed an 8-K report announcing significant changes to its financial reporting practices, effective Q1 2026. The company will transition from reporting Adjusted EBITDA to new non-GAAP measures: Non-GAAP Operating Income, Non-GAAP Net Income, and Non-GAAP Earnings Per Share (EPS). These new metrics are designed to be more closely aligned with GAAP by including certain expenses previously excluded, such as depreciation, amortization (excluding acquired intangibles), and stock-based compensation. Additionally, Uber is shifting its segment reporting from Segment Adjusted EBITDA to Segment Operating Income. These changes are intended to provide investors with a clearer view of ongoing operational performance and comparability across periods. The report also provides historical selected financial data for seven consecutive quarters ending September 30, 2025, under both the old and new non-GAAP frameworks, as well as the reclassified interest income presentation. Investors should note that these changes primarily affect the presentation and calculation of non-GAAP metrics and segment performance, and do not alter previously reported GAAP financial results. The company emphasizes that these non-GAAP measures are supplemental and should be considered alongside GAAP financials.

Key Highlights

  • 1Effective Q1 2026, Uber will replace Adjusted EBITDA with Non-GAAP Operating Income, Non-GAAP Net Income, and Non-GAAP EPS.
  • 2The new non-GAAP measures will incorporate depreciation, amortization (excluding acquired intangibles), and stock-based compensation, moving closer to GAAP alignment.
  • 3Segment reporting will transition from Segment Adjusted EBITDA to Segment Operating Income.
  • 4Interest income will be presented separately on the Consolidated Statements of Operations starting with the fiscal year ending December 31, 2025.
  • 5The filing provides historical comparative data for seven quarters (ended Sep 30, 2025) under the new and old non-GAAP reporting frameworks.
  • 6Management states these changes aim to enhance comparability and provide a clearer view of ongoing operating performance.
  • 7The company reiterates that these are non-GAAP measures and should be used as supplemental information alongside GAAP figures.

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