vs

Side-by-side financial comparison of ROYAL BANK OF CANADA (RY) and Uber (UBER). Click either name above to swap in a different company.

Uber is the larger business by last-quarter revenue ($14.4B vs $13.1B, roughly 1.1× ROYAL BANK OF CANADA). ROYAL BANK OF CANADA runs the higher net margin — 32.2% vs 2.1%, a 30.2% gap on every dollar of revenue.

The Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 18 million clients and has more than 98,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.

Uber Technologies, Inc. is an American multinational transportation company that provides ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide. It is the largest ridesharing company worldwide with over 180 million monthly active users and 6 million active drivers and couriers.

RY vs UBER — Head-to-Head

Bigger by revenue
UBER
UBER
1.1× larger
UBER
$14.4B
$13.1B
RY
Higher net margin
RY
RY
30.2% more per $
RY
32.2%
2.1%
UBER

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
RY
RY
UBER
UBER
Revenue
$13.1B
$14.4B
Net Profit
$4.2B
$296.0M
Gross Margin
Operating Margin
12.3%
Net Margin
32.2%
2.1%
Revenue YoY
20.1%
Net Profit YoY
-95.7%
EPS (diluted)
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RY
RY
UBER
UBER
Q1 26
$13.1B
Q4 25
$14.4B
Q3 25
$12.4B
$13.5B
Q2 25
$11.4B
$12.7B
Q1 25
$11.5B
Q4 24
$12.0B
Q3 24
$11.2B
Q2 24
$10.7B
Net Profit
RY
RY
UBER
UBER
Q1 26
$4.2B
Q4 25
$296.0M
Q3 25
$4.0B
$6.6B
Q2 25
$3.2B
$1.4B
Q1 25
$1.8B
Q4 24
$6.9B
Q3 24
$2.6B
Q2 24
$1.0B
Operating Margin
RY
RY
UBER
UBER
Q1 26
Q4 25
12.3%
Q3 25
8.3%
Q2 25
11.5%
Q1 25
10.6%
Q4 24
6.4%
Q3 24
9.5%
Q2 24
7.4%
Net Margin
RY
RY
UBER
UBER
Q1 26
32.2%
Q4 25
2.1%
Q3 25
31.9%
49.2%
Q2 25
28.0%
10.7%
Q1 25
15.4%
Q4 24
57.6%
Q3 24
23.3%
Q2 24
9.5%
EPS (diluted)
RY
RY
UBER
UBER
Q1 26
Q4 25
$0.16
Q3 25
$3.11
Q2 25
$0.63
Q1 25
$0.83
Q4 24
$3.21
Q3 24
$1.20
Q2 24
$0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RY
RY
UBER
UBER
Cash + ST InvestmentsLiquidity on hand
$33.7B
$7.6B
Total DebtLower is stronger
$10.6B
Stockholders' EquityBook value
$102.1B
$27.0B
Total Assets
$1709.9B
$61.8B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RY
RY
UBER
UBER
Q1 26
$33.7B
Q4 25
$7.6B
Q3 25
$25.5B
$9.1B
Q2 25
$35.5B
$7.4B
Q1 25
$6.0B
Q4 24
$7.0B
Q3 24
$9.1B
Q2 24
$6.3B
Total Debt
RY
RY
UBER
UBER
Q1 26
Q4 25
$10.6B
Q3 25
Q2 25
Q1 25
Q4 24
$9.6B
Q3 24
Q2 24
Stockholders' Equity
RY
RY
UBER
UBER
Q1 26
$102.1B
Q4 25
$27.0B
Q3 25
$99.0B
$28.1B
Q2 25
$96.7B
$22.6B
Q1 25
$22.0B
Q4 24
$21.6B
Q3 24
$14.8B
Q2 24
$12.3B
Total Assets
RY
RY
UBER
UBER
Q1 26
$1709.9B
Q4 25
$61.8B
Q3 25
$1626.4B
$63.3B
Q2 25
$1636.8B
$56.0B
Q1 25
$52.8B
Q4 24
$51.2B
Q3 24
$47.1B
Q2 24
$41.5B
Debt / Equity
RY
RY
UBER
UBER
Q1 26
Q4 25
0.39×
Q3 25
Q2 25
Q1 25
Q4 24
0.44×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RY
RY
UBER
UBER
Operating Cash FlowLast quarter
$27.7B
$2.9B
Free Cash FlowOCF − Capex
$2.8B
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
6.55×
9.74×
TTM Free Cash FlowTrailing 4 quarters
$9.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RY
RY
UBER
UBER
Q1 26
$27.7B
Q4 25
$2.9B
Q3 25
$21.2B
$2.3B
Q2 25
$7.2B
$2.6B
Q1 25
$2.3B
Q4 24
$1.8B
Q3 24
$2.2B
Q2 24
$1.8B
Free Cash Flow
RY
RY
UBER
UBER
Q1 26
Q4 25
$2.8B
Q3 25
$2.2B
Q2 25
$2.5B
Q1 25
$2.3B
Q4 24
$1.7B
Q3 24
$2.1B
Q2 24
$1.7B
FCF Margin
RY
RY
UBER
UBER
Q1 26
Q4 25
19.5%
Q3 25
16.6%
Q2 25
19.6%
Q1 25
19.5%
Q4 24
14.3%
Q3 24
18.9%
Q2 24
16.1%
Capex Intensity
RY
RY
UBER
UBER
Q1 26
Q4 25
0.5%
Q3 25
0.7%
Q2 25
0.7%
Q1 25
0.6%
Q4 24
0.4%
Q3 24
0.4%
Q2 24
0.9%
Cash Conversion
RY
RY
UBER
UBER
Q1 26
6.55×
Q4 25
9.74×
Q3 25
5.36×
0.35×
Q2 25
2.24×
1.89×
Q1 25
1.31×
Q4 24
0.25×
Q3 24
0.82×
Q2 24
1.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RY
RY

Segment breakdown not available.

UBER
UBER

Mobility$8.2B57%
Delivery$4.9B34%
Freight$1.3B9%

Related Comparisons