Cover
Cover | 12 Months Ended |
Dec. 31, 2022 | |
Cover [Abstract] | |
Document Type | DEF 14A |
Entity Registrant Name | Uber Technologies, Inc. |
Entity Central Index Key | 0001543151 |
Amendment Flag | false |
Pay vs Performance Disclosure
Pay vs Performance Disclosure - USD ($) | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Pay vs Performance Disclosure [Table] | ||||
Pay vs Performance [Table Text Block] | 1 2 3 2 4 4 5 Average Non-PEO NEOs 3 Average NEOs 2 Value of Initial Fixed $100 Investment Based On: Year Summary Compensation Table Total for PEO 1 Compensation to PEO 2 Total Return 4 Peer Group Total Return 4 Net Income Gross Bookings (millions) 5 2022 $24,276,977 ($8,946,037) $9,583,840 ($295,737) $83.15 $139.00 ($9,141M) $115,395M 2021 $19,937,818 $4,212,154 $8,227,049 $3,380,603 $140.99 $193.58 ($496M) $90,415M 2020 $12,246,078 $45,037,091 $9,442,887 $16,013,106 $171.49 $143.89 ($6,768M) $57,897M | |||
PEO Total Compensation Amount | [1] | $ 24,276,977 | $ 19,937,818 | $ 12,246,078 |
PEO Actually Paid Compensation Amount | [2] | (8,946,037) | 4,212,154 | 45,037,091 |
Non-PEO NEO Average Total Compensation Amount | [3] | 9,583,840 | 8,227,049 | 9,442,887 |
Non-PEO NEO Average Compensation Actually Paid Amount | [2] | $ (295,737) | 3,380,603 | 16,013,106 |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | CAP versus TSR As described in our CD&A, in order to align our executive’s compensation with the interests of our stockholders, the vast majority of our executives’ compensation comes in the form of long-term incentives. The graph below compares CAP, as computed in accordance with Item 402(v) of Regulation S-K, to Uber’s cumulative TSR over the past three years. 2020 compensation actually paid for our PEO includes the final tranche of his sign-on award. For 2021 and later, PEO compensation levels have returned to normalized levels. As reflected in the chart below, compensation for our executives is heavily linked to Uber’s TSR. Over the last three years CAP for both our PEO and other NEOs has decreased, aligned with Uber’s cumulative TSR due to the fact that their compensation is heavily linked to our stock performance. | |||
Compensation Actually Paid vs. Net Income [Text Block] | CAP versus Financial Measures (Gross Bookings and Net Income) The graph below compares CAP, as computed in accordance with Item 402(v) of Regulation S-K, to Uber’s reported Gross Bookings in each respective year. As reflected in our CD&A, Uber has identified Gross Bookings as one of the most important financial measures used in determining compensation. As illustrated below, over the past three years, Uber’s Gross Bookings have increased significantly, while CAP has decreased due to the vast majority of compensation being tied to Uber’s stock price performance. Additionally, as presented in the Pay-versus-Performance table above, Net Income increased from 2020 to 2021; however, it decreased from 2021 to 2022. We ended the year with a $9.1 billion GAAP net loss largely as a result of a $7 billion net headwind (pre-tax) from revaluations of our equity investments. | |||
Total Shareholder Return Vs Peer Group [Text Block] | TSR: Company versus Peer Group As shown in the chart below, the Company’s cumulative TSR is below the companies included in the S&P 500 IT. During 2020, our stock price outperformed the S&P 500 IT; however, the S&P500 IT maintained its upward trend until the end of 2021, while our stock price began to decline. In 2022, although we delivered steady and strong financial performance, exceeding analyst expectations, our stock price declined at a similar rate of decline for the S&P 500 IT, amidst a broad sell-off in technology stocks. | |||
Tabular List [Table Text Block] | As described in greater detail in “Executive Compensation – Compensation Discussion and Analysis,” Uber’s executive compensation program reflects a pay-for performance philosophy. The metrics that Uber uses for both our long- and short-term incentive awards are selected based on an objective of incentivizing our NEOs to increase stockholder value. Below are the most important measures used to link compensation actually paid to our NEOs, for the most recently completed fiscal year: Most Important Measures to Determine FY22 CAP Gross Bookings Adjusted EBITDA TSR DEI* Safety Performance* * For further discussion on our DEI and safety improvement measures, please see the disclosure included in our CD&A. | |||
Total Shareholder Return Amount | [4] | $ 83.15 | 140.99 | 171.49 |
Peer Group Total Shareholder Return Amount | [4] | 139 | 193.58 | 143.89 |
Net Income (Loss) | $ (9,141,000,000) | $ (496,000,000) | $ (6,768,000,000) | |
Company Selected Measure Amount | [5] | 115,395,000,000 | 90,415,000,000 | 57,897,000,000 |
PEO Name | Mr. Khosrowshahi | |||
Measure [Axis]: 1 | ||||
Pay vs Performance Disclosure [Table] | ||||
Measure Name | Gross Bookings | |||
Non-GAAP Measure Description [Text Block] | We define Gross Bookings as the total dollar value, including any applicable taxes, tolls, and fees, of: Mobility rides; Delivery orders (in each case without any adjustment for consumer discounts and refunds); Driver and Merchant earnings; Driver incentives; and Freight revenue. Gross Bookings do not include tips earned by Drivers. Gross Bookings are an indication of the scale of our current platform, which ultimately impacts revenue. For further discussion on our Gross Bookings measure, please see the disclosure in our CD&A. | |||
Measure [Axis]: 2 | ||||
Pay vs Performance Disclosure [Table] | ||||
Measure Name | Adjusted EBITDA | |||
Measure [Axis]: 3 | ||||
Pay vs Performance Disclosure [Table] | ||||
Measure Name | TSR | |||
Measure [Axis]: 4 | ||||
Pay vs Performance Disclosure [Table] | ||||
Measure Name | [6] | DEI* | ||
Measure [Axis]: 5 | ||||
Pay vs Performance Disclosure [Table] | ||||
Measure Name | [6] | Safety Performance* | ||
PEO [Member] | Reported Value of Equity Awards | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | $ (20,170,608) | $ (16,030,080) | $ (9,500,772) | |
PEO [Member] | Equity Award Adjustments | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (13,052,406) | 304,416 | 42,291,785 | |
PEO [Member] | Year-End Fair Value of Equity Awards | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 13,192,206 | 10,951,012 | 8,417,308 | |
PEO [Member] | Year Over Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (23,279,021) | (10,792,546) | 33,437,375 | |
PEO [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | ||||
PEO [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (2,965,591) | 145,949 | 437,102 | |
PEO [Member] | Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | ||||
PEO [Member] | Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | ||||
Non-PEO NEO [Member] | Average Reported Value of Equity Awards | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (7,350,200) | (6,504,170) | (8,190,284) | |
Non-PEO NEO [Member] | Average Equity Award Adjustments | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (2,529,376) | 1,657,724 | 14,760,502 | |
Non-PEO NEO [Member] | Average Year-End Fair Value of Equity Awards | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 4,414,146 | 4,577,410 | 10,369,779 | |
Non-PEO NEO [Member] | Year-over-Year Average Change in Fair Value of Outstanding and Unvested Equity Awards | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (5,703,300) | (2,832,446) | 5,950,766 | |
Non-PEO NEO [Member] | Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 689,599 | 230,996 | ||
Non-PEO NEO [Member] | Year-over-Year Average Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (1,929,821) | (87,240) | 95,804 | |
Non-PEO NEO [Member] | Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (1,886,843) | |||
Non-PEO NEO [Member] | Average Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | ||||
[1]Total compensation reported for Mr. Khosrowshahi |