So what's "net revenue" in this context? I always thought revenue was income bef... | Hacker News

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Swizec on Dec 20, 2016 | parent | context | favorite | on: Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Re...

So what's "net revenue" in this context?

I always thought revenue was income before costs, and profit was revenue minus cost. Gross revenue would make sense as "total income", but net revenue doesn't make any sense to me. Clearly I'm missing something.

Can someone explain?

bkanber on Dec 20, 2016 [–]

In this context it is revenue after drivers' fees but before anything else, ie HQ, R&D, payroll, etc.

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