Uber CEO Dara Khosrowshahi image: George Grinsted / Flickr

Uber has officially filed for its long-expected IPO, setting the pace for what may likely be the biggest public offering this year. This filing comes on the heels of its major competitor Lyft debuting on the public market. Uber’s S-1 filing revealed some important stats not previously public information about the company. They are recorded for the year ended December 31, 2018, and include:

• 10 billion total trips made on its platform
• $78 billion total paid to drivers
• 14 million daily trips made on its platform
• $125 million in quarterly revenue for Uber Freight
• $2.6 billion gross bookings for Uber Eats — in its most recent quarter
• 91 million monthly active customers
• $49.8 billion total gross bookings for 2018, compared to $34.4 billion in 2017 and $19.2 billion in 2016.
• $172 million stock-based compensation expense in 2018, compared to $137 million in 2017 and $128 million in 2016
• $1.5 billion R&D spend in 2018, compared to $1.2 billion in 2017 and $864 million in 2016

image: Uber

Uber had $11.27 billion in 2018 revenue, compared to $7.93 billion in 2017 and $3.84 billion in 2016. As of December 31, 2018, Its cash and cash equivalents balance sheet stood at $6.4 billion. For the year ended 2018, Uber also recorded $6.87 billion of total long-term debt, compared to $3.05 billion in 2017.

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