Uber’s take rate is the share of each booking it keeps as revenue: segment revenue divided by segment gross bookings. In Q2 2026 (quarter to 30 June 2026) Uber kept 25.4% of Mobility bookings ($7,363 million of $28,988 million) and 19.1% of Delivery bookings ($5,245 million of $27,463 million), calculated from its earnings release. A year earlier the Mobility rate was 30.7%; Uber says business model changes cut its Q2 2026 revenuegrowth by 8 percentage points.
Take rate = segment revenue / segment gross bookings. Uber does not publish it as a metric; it is calculated from the bookings and revenue it reports for Mobility, Delivery and Freight.
02
What bookings include
Uber defines gross bookings as the total dollar value, including taxes, tolls and fees, of rides and delivery orders, before driver and merchant earnings and incentives, plus Freight revenue. Tips are excluded.
03
Agent or principal
In most markets Uber is an agent and records revenue net of driver and merchant earnings. In certain markets it is responsible for the service and records revenue gross, so a change in that mix moves the take rate without any change in trips.
04
Why Freight is near 100%
Freight revenue is counted in gross bookings in full, so its calculated take rate is close to 100% and tells you little; the useful rates are Mobility and Delivery.
What changed in 2025-26
Mobility rate drops by five points
Mobility bookings grew 22% in Q2 2026 but Mobility revenue grew 1%, so the calculated rate fell from 30.7% to 25.4%. Uber says business model changes cut total revenuegrowth by 8 percentage points; it does not split that effect by segment.
Delivery rate edges up
Delivery revenue rose 28% against 26% bookings growth in Q2 2026, lifting the rate from 18.9% to 19.1%. In 2025 Uber’s Delivery revenue grew with a $568 million increase in advertising revenue, mostly sponsored listings paid by merchants and brands.
Full-year 2025
Calculated from the 2025 Form 10-K, Mobility kept 30.4% of $97,497 million of bookings and Delivery 19.0% of $90,864 million, against 30.2% and 18.4% in 2024.
Robotaxis and the cut
Uber says it is building the world’s largest platform for autonomous vehicles, and its 10-K names Alphabet (Waymo), Amazon (Zoox) and Tesla among companies that compete or may compete with it. Who owns the car and who sells the ride will decide how much of each autonomous fare Uber keeps.
Uber's calculated take rates
2023
Mobility28.8%
Delivery19.2%
2024
Mobility30.2%
Delivery18.4%
2025
Mobility30.4%
Delivery19.0%
Q2 2025
Mobility30.7%
Delivery18.9%
Q2 2026
Mobility25.4%
Delivery19.1%
What it means for you
Investors: read take rate next to bookings; a lower rate from an accounting change is not the same as giving drivers more.
Check the footnotes for business model changes before comparing quarters, as Uber's Q2 2026 shows.
Operators of marketplaces: grow the take rate with services the buyer values, such as advertising, not by raising the cut on every order.
Drivers: your per-trip commission varies by market and trip; the take rate is an average across all bookings, taxes and fees included.
Builders: in autonomous rides the platform may own fewer of the costs, so watch how the take rate is defined before comparing it.
The Business Engineer lens
A marketplace’s take rate is the price of its coordination, and Uber’s shows how accounting choices and product mix move that price. In an AI and robotaxi world the question becomes who owns the vehicle and the customer, because that decides whether Uber books the whole fare or a fee.
In Q2 2026, 25.4% for Mobility and 19.1% for Delivery, calculated as segment revenue divided by segment gross bookings from Uber's earnings release.
Why did Uber's take rate fall in 2026?
Mobility revenue grew 1% while Mobility bookings grew 22% in Q2 2026. Uber says business model changes reduced its total revenuegrowth by 8 percentage points.
Is the take rate what Uber takes from drivers?
No. It compares Uber's revenue with total bookings, which include taxes, tolls and fees; the commission on a single fare varies by market and trip.
What was Uber's take rate in 2025?
About 30.4% for Mobility and 19.0% for Delivery for the full year, calculated from the 2025 Form 10-K.
The complete explainer, cleaned up and reformatted for mobile.
In short
In Q2 2026 Uber kept 25.4% of Mobility (rides) bookings and 19.1% of Delivery (Uber Eats) bookings as revenue: $7.4B of $29.0B and $5.2B of $27.5B. A year earlier the rates were 30.7% and 18.9%.
Sources: Uber Q2 2026 earnings release (Form 8-K, SEC EDGAR). Analysis by The Business Engineer.
How we source: figures on this page come from the company’s own filings (SEC 10-K, 10-Q and earnings releases, or its annual report), with the period stated next to each number. Last refreshed October 2026. Our methodology.
Company explainer · Uber, explained
A 3-minute explainer of Uber's business model and latest numbers, built from its SEC filings. Analysis by The Business Engineer.
Uber’s take rate: the latest data
Uber’s take rate is the share of each booking it keeps as revenue (segment revenue divided by segment gross bookings).
In Q2 2026, Uber kept 25.4% of Mobility bookings ($7.4 billion of $29.0 billion) and 19.1% of Delivery bookings ($5.2 billion of $27.5 billion). A year earlier the rates were 30.7% and 18.9%.
The Mobility rate was lower in 2026. Uber says business model changes reduced its Q2 2026 revenue growth by about 8 percentage points, while bookings kept growing. Take rates here are calculated from Uber’s reported segment revenue and gross bookings.
The take rate is revenue divided by gross bookings. It is not the same as the commission a driver sees: bookings include taxes, tolls and fees (but exclude tips), and revenue includes other items Uber charges, such as booking fees and advertising.
The 2026 drop in the Mobility rate, from about 30% to about 25%, does not mean drivers suddenly earn more per trip. Uber says business model changes in some markets reduced its reported revenue growth by about 8 points in Q2 2026, while bookings kept growing 22%. Uber’s 10-K explains why such changes matter: in most markets it acts as an agent and records only its share of the fare, while in certain markets it is responsible for the service and records the full fare as revenue, so a shift between the two moves the take rate without any change in trips. Uber does not say which markets changed.
Uber Mobility, which is the core platform of Uber, had a 28.8% take rate in 2023, and a 19.15% take rate for the delivery platform (Uber Eats) in the same period. The mobility platform had a 27% take rate in 2022, and a take rate of 19% in 2021. The take rate is the percentage Uber takes on each booking on the platform in the same year. For instance, in 2022, Uber Mobility recorded $52.7 billion in gross bookings and $14 billion in revenue.
Uber take rates by segment, Q2 2026 (calculated). Source: Uber Q2 2026 earnings release (SEC). Analysis by The Business Engineer.
Frequently asked questions
What is Uber’s take rate?
25.4% for Mobility and 19.1% for Delivery in Q2 2026, calculated as segment revenue divided by segment gross bookings (Uber Q2 2026 earnings release).
Why did Uber’s take rate fall in 2026?
Uber says business model changes in some markets reduced reported revenue growth by about 8 points; bookings kept growing, so the calculated Mobility take rate fell from 30.7% to 25.4%.
Is the take rate what Uber takes from drivers?
Not exactly. It compares Uber’s revenue with total bookings, which include taxes, tolls and fees; the commission on an individual fare varies by market and trip.
Gennaro Cuofano is a CRO and tech executive who has worked in AI since late 2015, starting with bringing NLP, natural-language generation, voice and chatbot products to the marketing industry. His background is in law and finance: he holds a Master's degree in Law and an International MBA with an emphasis on corporate finance (LUISS Business School and the University of San Diego, 2012), and worked as a financial analyst at a real-estate investment firm in San Diego and as an assistant controller. His work focuses on business model strategy, business engineering and, more broadly, structural analysis: how companies make money, read from their own filings. He created FourWeekMBA and leads research there and at The Business Engineer, his newsletter on AI and business strategy, with over 95,000 subscribers and more than 1,000 published analyses. His writing has also appeared on Entrepreneur (for example, How to Digitize a Family Business in Europe) and HackerNoon. Find him on LinkedIn and Substack. See how we source.
