Uber’s and Lyft’s cut of fares can exceed 50%, report finds

Jalopnik asked ride-hailing drivers to share fare receipts, and it received data from more than 14,756 real-world trips in response. On average, Jalopnik, found, Uber kept about 35% of the revenue from each ride, and Lyft kept about 38%.

In regulatory filings, however, Uber has reported that its global take rate—the percentage of the rate it takes, as you might guess—is closer to 20%.

While the take rate for fares Jalopnik analyzed averaged between 35% and 40%, more than a quarter of the fares showed take rates in excess of 40%, with some coming in at over 50%.