UBER · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

Uber Technologies, Inc · 2026-08-05 · Importance 34 · Surprise 42 · In source text

Uber recorded a $260 million income-tax benefit in the second quarter of 2026 compared with a $1.0 billion tax provision in the second quarter of 2025. For the six months ended June 30, 2026, Uber recorded a $260 million tax benefit compared with a $1.0 billion provision in the prior-year period, producing a negative 9% effective tax rate. The quarterly change was driven by tax expense on earnings and the deferred U.S. tax impact of equity securities. Uber expects the OECD 15% minimum-tax provisions effective in 2026 to have an insignificant impact on its 2026 tax obligations.

Key facts

• Uber expects the OECD minimum tax provisions effective in 2026 to have an insignificant impact on Uber's tax obligations for 2026 source
• Provision for income taxes in Q2 2026: $(260) million (benefit) source
• Uber continues to maintain a valuation allowance against the California R&D credits as of this filing source

Impact estimates