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Study says median pretax profit for Uber and Lyft drivers is $3.37 per hour (NPR)

March 02, 2018

The median pretax profit for Uber and Lyft drivers was $3.37 per hour after expenses, NPR reported citing a study by researchers at the Massachusetts Institute of Technology. It also found 30% of drivers are actually losing money once vehicle expenses are included. The study was based on a survey of more than 1,100 drivers. Uber indicated the study’s findings were flawed. It also noted there were numerous ways to report income and calculate costs and time.