How Uber makes money

Uber calls everything people spend through the app Gross Bookings. It shows how big the marketplace is. Revenue is the part that's Uber's.

Uber counts it that way because, its report says, in most places it's an agent: it connects you with a driver or a restaurant, who provide the ride or the meal. So it counts only its fees as revenue, not the whole fare.

Out of Uber's share come insurance, card fees and data centers, then the city teams, engineers and marketing that run the company. What's left is Uber's operating profit: about $2.88 of every $100 spent.

Our example number here is $100; the others come from the sources below.

Uber kept about 30.4% of what riders spent, and about 19.0% of delivery orders. In delivery the restaurant or store has to be paid for the food before anyone else, so less of each dollar is left for the app.

Rivals look the same: a ride app keeps more of each dollar than a delivery app. Each counts its total a little differently; DoorDash's includes tips, Uber's and Lyft's don't.

Uber made $5.6B from running its business in 2025. Its net income was almost twice that, $10.1B, because it got a tax benefit of $4.3B instead of a tax bill, mostly a one-time $5B of tax savings in the Netherlands it now expects to be able to use.

Uber lost money for years while it grew. The losses that its profits haven't yet made up still came to $10.6B at the end of 2025.

To keep people coming back, Uber sells one membership across rides, delivery and grocery: Uber One, with 46 million members by the end of 2025.