Uber collects the full amount of the fare, but keeps only 20% of it for itself -- 80% goes right back out the door to the driver. Typically this is called "Gro

Uber collects the full amount of the fare, but keeps only 20% of it for itself -- 80% goes right back out the door to the driver. Typically this is called "Gross Revenue" vs. "Net Revenue" So the $1B in gross revenue is the same as how a small car dealership books gross revenue for the total $ value of the cars it sells, even though most of that $ goes right back to the manufacturer ("cost of goods sold") So $1B is their Gross Revenue (top top line), and $213M would be their Net Revenue (bottom top line) -- then all expenses, etc. come out from there...