Have you ever wondered how much Uber makes from drivers? It’s difficult to know exactly how much Uber makes in profit vs. drivers’ profits, but senior RSG contributor Will Preston tackles this challenging question and shares his analysis below.
I made a little over $200 driving 400 miles last weekend in about 12 hours of driving. But the question I wanted to answer is how much did I actually make – and how much did Uber make – after we take all expenses into consideration.
How much Uber makes from you will depend on when and where you drive, and how much you make in tips will also factor in to your calculations. For the purposes of this article, I’ll break down some key concepts to understand before getting into the spreadsheet I created to determine how much money Uber makes off of my driving. I’ve included a copy of the spreadsheet for you to run your numbers as well – let us know what you come up with in the comments.