• Uber Technologies average gross margin for 2023 was 39.23%, a 5.54% increase from 2022.
• Uber Technologies average gross margin for 2022 was 41.53%, a 14.25% decline from 2021.
• Uber Technologies average gross margin for 2021 was 48.43%, a 14.04% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.