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UberLesson 1 of 4

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2025 report · 9 min

How Uber makes money

Uber doesn't own the cars or cook the food. So what is it selling?

Ticket 01 · The guess

How much of each fare is Uber's?

In 2025, people spent $193.5Bsec.gov ·2025 on Uber rides and deliveries. Uber doesn't own the cars, pay drivers a wage or cook the food.

What share of that money did Uber count as its own revenue?

60%
0%100%
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Sources and every number (1)

Sources

  • Uber Technologies, Inc. Form 10-K for the fiscal year ended December 31, 2025 · Uber Technologies, Inc. (filed with the U.S. SEC), 2025

Every number

  • $193.5Bsec.gov ·2025 · Gross Bookings, 2025: everything spent on Uber rides and deliveries, plus Freight revenue, before drivers', couriers' and restaurants' share (MD&A).
  • $52Bsec.gov ·2025 · Revenue, 2025 (income statement).
  • 26.9%sec.gov ·2025 · Worked out: revenue ÷ Gross Bookings, 2025. Uber's report calls this revenue margin.
  1. Lessons›
  2. Big companies›
  3. Uber
  • ·Next: How Uber is organized
  • ·Free guide: How Uber makes money
Skip to the lesson

UberLesson 1 of 4

Part 1 of 3, 0 done
$

2025 report · 9 min

How Uber makes money

Uber doesn't own the cars or cook the food. So what is it selling?

Ticket 01 · The guess

How much of each fare is Uber's?

In 2025, people spent $193.5Bsec.gov ·2025 on Uber rides and deliveries. Uber doesn't own the cars, pay drivers a wage or cook the food.

What share of that money did Uber count as its own revenue?

60%
0%100%
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (1)

Sources

  • Uber Technologies, Inc. Form 10-K for the fiscal year ended December 31, 2025 · Uber Technologies, Inc. (filed with the U.S. SEC), 2025

Every number

  • $193.5Bsec.gov ·2025 · Gross Bookings, 2025: everything spent on Uber rides and deliveries, plus Freight revenue, before drivers', couriers' and restaurants' share (MD&A).
  • $52Bsec.gov ·2025 · Revenue, 2025 (income statement).
  • 26.9%sec.gov ·2025 · Worked out: revenue ÷ Gross Bookings, 2025. Uber's report calls this revenue margin.
  1. Lessons›
  2. Big companies›
  3. Uber
  • ·Next: How Uber is organized
  • ·Free guide: How Uber makes money