---
schema_version: "secwatch.filing_event.v1"
accession: "0001543151-23-000021"
form_type: "8-K"
ticker: "UBER"
cik: "0001543151"
company_name: "Uber Technologies, Inc"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:03:15.087546+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Uber Q2 2023: first GAAP operating profit $326M, CFO Chai to exit Jan 2024; VAT dispute paid

## Summary
- Net income $394M (incl $386M unrealized gains); revenue $9.23B +14% YoY; GAAP operating profit $326M, first in history.
- Adjusted EBITDA $916M (+152% YoY), margin 2.7% of gross bookings; free cash flow $1.14B.
- CFO Nelson Chai to depart Jan 5, 2024; search underway; departure treated as qualifying termination with severance.
- UK tax authorities assessed £386M ($487M) VAT dispute; paid to dispute in court, no income statement impact.
- Gross bookings $33.6B (+16% YoY); trips 2.3B (+22% YoY); MAPCs 137M; Mobility EBITDA $1.17B.

## SEC filing metadata
- accession: 0001543151-23-000021
- form_type: 8-K
- ticker: UBER
- cik: 0001543151
- company_name: Uber Technologies, Inc
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1543151/000154315123000021/0001543151-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1543151/000154315123000021/uber-20230728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001543151-23-000021
- JSON: https://secwatch.observer/filing/0001543151-23-000021.json
- Plain text: https://secwatch.observer/filing/0001543151-23-000021.txt

## Key facts
- Debt Financings
  Uber Technologies, Inc amended revolving credit of $250,000,000 with Mizuho Bank Ltd. maturing the Amended Revolving Credit Agreement is $2.485 billion.
  - Instrument: revolving credit
  - Principal: $250,000,000
  - Counterparty: Mizuho Bank Ltd.
  - Maturity: the Amended Revolving Credit Agreement is $2.485 billion
  - Event: amendment
  source text: The Joinder Agreement, among other things, increases the available commitments under the Amended Revolving Credit Agreement by an aggregate principal amount of $250,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1543151/000154315123000021/0001543151-23-000021-index.htm
- Earnings Releases
  Uber Technologies, Inc reported the quarter ended June 30, 2023 results: revenue $9.2 billion, net income $394 million.
  - Period: the quarter ended June 30, 2023
  - Revenue: $9.2 billion
  - Net income: $394 million
  - Result: reported results
  source text: (+12% YoY or +14% YoY constant currency). Trips during the quarter grew 22% YoY to 2.3 billion, or approximately 25 million trips per day on average. • Revenue grew 14% YoY to $9.2 billion, or 17% on a constant currency basis. • Income from operations was $326 million, up $1.0 billion YoY and $588 million quarter-over-quarter (“QoQ”). • Net income attributable to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1543151/000154315123000021/0001543151-23-000021-index.htm
- Executive change
  Nelson Chai departed as Chief Financial Officer at Uber Technologies, Inc.
  - Action: leave
  - Role: Chief Financial Officer
  source text: On August 1, 2023, the Company announced that Nelson Chai, Chief Financial Officer, will leave the Company on January 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1543151/000154315123000021/0001543151-23-000021-index.htm
- Material Agreements
  Uber Technologies, Inc amended Joinder Agreement to Revolving Credit Agreement with Mizuho Bank Ltd. valued at $250,000,000 (effective 2023-07-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Mizuho Bank Ltd.
  - Value: $250,000,000
  - Effective: 2023-07-28
  source text: On July 28, 2023, Uber Technologies, Inc. (the “Company”) entered into a Joinder Agreement to Revolving Credit Agreement (“Joinder Agreement”) with, among others, Mizuho Bank Ltd. as an incremental revolving loan lender
  evidence_url: https://www.sec.gov/Archives/edgar/data/1543151/000154315123000021/0001543151-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.