The Business Study
Uber vs Lyft: who makes more money?
Uber is bigger: $52.0 billion in revenue against $6.3 billion for Lyft, about 8.2 times as much. But Lyft keeps more of each sale: $45.03 of every $100 versus $19.33. Across 5 rounds from their latest annual reports, Uber wins 3.
From each company's latest Form 10-K: Uber (year ended December 31, 2025) and Lyft (year ended December 31, 2025). Page updated November 8, 2026.
Revenue Money coming in
Net profit After every cost and tax
Kept per $100 of sales Profit margin
Employees As each 10-K states it
Revenue per employee Revenue ÷ employees
Growth over 5 years Revenue, first to latest year shown
How each one makes its money.
UberUber keeps a cut of every ride and delivery booked in its app. Drivers aren't employees, so the fares they keep aren't Uber's revenue.
How Uber makes moneyLyftLyft keeps a cut of every ride booked in its app. Drivers aren't employees.
Lyft keeps a cut of every ride booked in its app. Drivers aren't employees. Its 10-K does not split revenue into separate lines.
How Lyft makes moneyQuick answers.
Who makes more money, Uber or Lyft?
Uber: $52.0 billion in revenue against $6.3 billion.
Which is more profitable, Uber or Lyft?
Lyft keeps more of each dollar ($45.03 of every $100). In total profit, Uber made more: $10.1 billion.
Which has more employees, Uber or Lyft?
Uber, with about 34,000 against 3,913.
Sources: Uber Technologies, Inc. Form 10-K and Lyft, Inc. Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.