Profit and loss statement for uber driver 2025

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A Profit & Loss Statement summarizes the revenues, costs, and expenses incurred during a specific period, typically a financial year, to determine the net profit or loss of a business.
Total Income is calculated by adding Total Operating Income (taxi fare plus tips received) and Total Non-Operating Income.
Operating expenses include costs such as fuel, repairs and maintenance, base fees, and fees paid to regulatory authorities like LTA.
Depreciation is calculated based on the total cost of taxis owned by the business and should be referenced from the fixed assets and depreciation schedule.
'Net Profit before tax' represents the total income minus total expenses for the taxi business before accounting for any income tax.
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Heres a general step-by-step guide to creating a profit and loss statement: Choose a reporting period. Gather financial statements and information. Add up revenue. List your COGS. Record your expenses. Figure your EBITDA. Calculate interest, taxes, depreciation, and amortization. Determine net income.
Payment statements Sign in to drivers.uber.com. Tap the menu icon. Select Earnings and then Statements. Choose the month and year to find your statement. Tap View statement for the week youre interested in. To download, tap Download CSV.
Income earned from Uber or Lyft is typically considered self-employment income and should be reported on a Schedule C. Fill out the basic business information on the Basic Business Information screen.
How to Write a Profit and Loss Statement Step 1 Track Your Revenue. Step 2 Determine the Cost of Sales. Step 3 Figure Out Your Gross Profit. Step 4 Add Up Your Overhead. Step 5 Calculate Your Operating Income. Step 6 Adjust for Other Income and/or Expenses. Step 7 Net Profit: The Bottom Line.
Sign in to business.uber.com. Select Billing on the left. Beneath Statements and Invoices, find the appropriate month. Click the Download dropdown, then Statement PDF to download a PDF overview of that months payments.

profit and loss statement uber driver