Uber Driver Profit Calculator

Calculate your real profit as an Uber, Lyft, or rideshare driver. Factor in fuel, maintenance, depreciation, and taxes to see your true hourly rate and weekly earnings.

Key Benefits:

  • Calculate your true hourly rate after all expenses
  • Understand the total cost of vehicle operation
  • Identify break-even points for your driving schedule
  • Factor in often-overlooked costs like depreciation and taxes
  • Make informed decisions about platform choice and strategy
  • Track your progress toward financial goals
  • Optimize your driving hours for maximum profitability

Uber/Rideshare Driver Parameters

Enter your driving schedule, earnings, and vehicle costs to calculate your true profit.

Share Your Scenario

Copy link with your current inputs

Uber driver income and expense inputs

Driving Schedule

Your weekly driving hours and distance

Total hours you plan to drive per week including waiting time Example: 40 hours for full-time

Total miles you expect to drive per week for rideshare/delivery Example: 1,000 miles typical for full-time drivers

Earnings

Your income and platform fees

$

Average earnings per hour before expenses (including tips) Include base pay, tips, and bonuses

%

Percentage taken by Uber/Lyft/DoorDash from gross earnings Uber: ~25%, Lyft: ~20-25%, DoorDash: ~15-30%

Vehicle Costs

Fuel, maintenance, and depreciation expenses

$

Current fuel price in your area Check local gas prices

MPG

Your vehicle's fuel efficiency (miles per gallon) Check your vehicle's EPA rating or track actual MPG

$

Vehicle maintenance costs per mile (oil changes, repairs, etc.) Typical range: $0.08-$0.15 per mile

$

Vehicle depreciation cost per mile driven Typical range: $0.15-$0.30 per mile

Fixed Costs

Weekly insurance and other fixed expenses

$

Weekly cost of rideshare/commercial insurance Include rideshare commercial coverage

$

Other weekly vehicle costs (parking, tolls, car washes, etc.) Car washes, tolls, parking fees, etc.

%

Your effective tax rate on rideshare income Your effective tax rate for self-employment income

Example: Full-Time Uber Driver

• 40 hours/week, 600 miles/week

• $25/hour gross earnings (18% platform fee)

• 32 MPG vehicle, $3.50/gallon fuel

• $0.08/mile maintenance, $0.15/mile depreciation

Result: ~$15/hour net after all expenses

Uber driver analysis

Net hourly rate is below typical minimum wage - consider if this is viable.

Your Uber Driver Analysis

Here's your complete financial breakdown for rideshare driving.

Weekly Net Profit

$499.38

Net Hourly Rate

$12.48/hr

Profit Margin

4,993.8%

Weekly Income

Gross Earnings$1,000.00
Platform Fee (1,800.0%)-$180.00
Net After Platform Fee$820.00

Weekly Expenses

Fuel Costs$65.63
Maintenance$48.00
Depreciation$90.00
Insurance$25.00
Other Vehicle Costs$10.00
Taxes$82.00
Total Expenses$500.63

Per-Mile Analysis

Cost per Mile$0.83
Revenue per Mile$1.67
Profit per Mile$0.83

Break-Even Analysis

Break-Even Hours24.4 hours
Hours Over Break-Even15.6 hours
Weekly Hours Driven40 hours

Profitable Operation

Your rideshare operation is profitable with a weekly net profit of $499.38 and an effective hourly rate of $12.48.

Low Hourly Rate

Your net hourly rate of $12.48 is below minimum wage in most areas. Consider optimizing your strategy by driving during peak hours, focusing on high-tip areas, or reducing vehicle costs.

Break-Even Analysis

You need to drive 24.4 hours per week to cover all expenses. You're driving 15.6 hours beyond break-even, generating profit.

Optimization Tips

  • Drive during peak hours (rush hour, weekends, events) for higher rates
  • Track your actual MPG and maintenance costs to improve accuracy
  • Consider using multiple platforms (Uber, Lyft, DoorDash) for better opportunities
  • Keep detailed records for tax deductions (mileage, vehicle expenses)
  • Monitor your vehicle's depreciation and plan for replacement costs

Frequently Asked Questions

How accurate is the depreciation calculation?

Our calculator uses industry-standard depreciation rates of $0.15-$0.30 per mile. This accounts for the accelerated wear from commercial driving. For more precision, track your vehicle's actual value decline over time.

Should I include tips in my hourly earnings?

Yes, include all income sources in your gross earnings per hour - base pay, tips, bonuses, and promotions. This gives you the most accurate picture of your total earning potential.

What expenses can I deduct for taxes?

As a rideshare driver, you can typically deduct vehicle expenses, fuel, maintenance, insurance, phone bills, and supplies. Consult a tax professional for specific advice on your situation.

How do I find my actual platform fee percentage?

Check your driver app's earnings statements. Uber typically takes 20-25%, Lyft 20-25%, DoorDash 15-30%. The percentage can vary by location and time of day.

Is the break-even calculation realistic?

Yes, our break-even calculation shows the minimum hours needed to cover all expenses. Any hours beyond this point generate actual profit. Use this to optimize your schedule.

Should I track miles differently for taxes?

Yes, keep detailed mileage logs for tax purposes. You can deduct either actual expenses or use the IRS standard mileage rate (currently $0.655 per business mile for 2023).

How often should I update my calculations?

Recalculate monthly or when major factors change - fuel prices, platform fees, insurance rates, or vehicle maintenance needs. Regular analysis helps optimize your strategy.

What if my net hourly rate is below minimum wage?

This indicates your current strategy needs adjustment. Consider driving during peak hours, focusing on high-tip areas, using multiple platforms, or reducing vehicle costs.

How do bonuses and surge pricing affect calculations?

Include average bonus and surge earnings in your gross hourly rate. Track these over several weeks to get an accurate average, as they can vary significantly.

Should part-time drivers use this calculator?

Absolutely. Part-time drivers often underestimate costs and overestimate profits. This calculator is especially valuable for understanding the true economics of occasional driving.

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