UBER · 10-Q · 2026Q3 · Full report
Investment Gains and Losses
Uber Technologies, Inc · 2026-11-04 · Importance 63 · Surprise 64 · In source text
Third-quarter gains and losses on debt and equity securities swung from a $476 million loss in 2025 to a $1.5 billion gain in 2026, primarily reflecting fair-value changes in equity investments. The quarter included losses of $354 million on Grab and $239 million on Aurora, partly offset by a $161 million gain on Didi. For the first nine months, the company reported a $1.0 billion Grab loss, a $950 million Didi loss, and a $191 million Lucid loss, partly offset by a $980 million Delivery Hero gain and a $752 million Aurora gain.
Key facts
- In the first nine months of 2026, Uber recorded a $1.0 billion loss on its Grab investment, a $950 million loss on Didi and a $191 million loss on Lucid, partly offset by a $980 million gain on Delivery Hero and a $752 million gain on Aurora. source
- Q3 2026 gains and losses on debt and equity securities decreased by $1.9 billion, primarily due to changes in the fair value of Uber's equity securities. source
- Q3 2026 Uber recorded a $354 million loss on its Grab investment, a $239 million loss on its Aurora investment and a $161 million gain on its Didi investment. source
- Nine-month 2026 gains and losses on debt and equity securities decreased by $1.8 billion, primarily due to changes in the fair value of Uber's equity securities. source
- Uber's Q3 2026 net income included a $476 million pretax net loss from revaluations of equity securities. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -12.2% | Nine-month 2026 gains and losses on debt and equity securities decreased by $1.8 billion, primarily due to changes in the fair value of… |
| net_income | negative | realized | -6.8% | In the first nine months of 2026, Uber recorded a $1.0 billion loss on its Grab investment, a $950 million loss on Didi and a $191 million… |
| net_income | positive | realized | +6.6% | In the first nine months of 2026, Uber recorded a $1.0 billion loss on its Grab investment, a $950 million loss on Didi and a $191 million… |
| net_income | negative | realized | -6.4% | In the first nine months of 2026, Uber recorded a $1.0 billion loss on its Grab investment, a $950 million loss on Didi and a $191 million… |
| net_income | positive | realized | +5.1% | In the first nine months of 2026, Uber recorded a $1.0 billion loss on its Grab investment, a $950 million loss on Didi and a $191 million… |
| net_income | negative | realized | -3.2% | Uber's Q3 2026 net income included a $476 million pretax net loss from revaluations of equity securities. |
| net_income | negative | realized | -1.3% | In the first nine months of 2026, Uber recorded a $1.0 billion loss on its Grab investment, a $950 million loss on Didi and a $191 million… |