Lyft Financial Statements
NASDAQ: LYFTConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 16.29 +0.43%
Lyft revenue and earnings
In fiscal 2025, Lyft generated $6.32 billion in revenue, up 9.2% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $2.84 billion (+12382.5% year over year), for a net margin of 45.0% versus a median of -33.1% in the prior 5 years. Gross margin was 41.5% (down from 42.3%) and operating margin -3.0%.
Diluted earnings per share came in at $6.81, up from $0.06. Over the last 5 fiscal years, LYFT's revenue has grown at a 21.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Lyft income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.32B | 5.79B | 4.40B | 4.10B | 3.21B | 2.36B | 3.62B | 2.16B | 1.06B |
| Revenue growth (YoY) | +9.16% | +31.39% | +7.53% | +27.64% | +35.68% | -34.60% | +67.67% | +103.48% | — |
| Cost of Revenue | 3.70B | 3.34B | 2.54B | 2.44B | 1.70B | 1.45B | 2.18B | 1.24B | 659.53M |
| Gross Profit | 2.62B | 2.45B | 1.86B | 1.66B | 1.51B | 917.16M | 1.44B | 913.22M | 400.35M |
| Operating Expenses | 2.81B | 2.57B | 2.34B | 3.12B | 2.64B | 2.73B | 4.14B | 1.89B | 1.11B |
| Research & Development | 451.42M | 397.07M | 555.92M | 856.78M | 911.95M | 909.13M | 1.51B | 300.84M | 136.65M |
| Selling, General & Admin | 1.88B | 1.73B | 1.35B | 1.82B | 1.33B | 1.36B | 2.00B | 1.25B | 788.46M |
| Operating Income | -188.37M | -118.91M | -475.60M | -1.46B | -1.14B | -1.81B | -2.70B | -977.71M | -708.27M |
| Interest Expense | 20.75M | 28.92M | 26.22M | 19.73M | 51.63M | 32.68M | 0 | 0 | — |
| Other Income (Expense) | 155.88M | 173.18M | 170.12M | -99.99M | 135.93M | 43.67M | 102.59M | 67.11M | 284.00K |
| Pretax Income | -53.25M | 25.35M | -331.70M | -1.58B | -1.05B | -1.80B | -2.60B | -910.60M | -687.75M |
| Income Tax | -2.90B | 2.57M | 8.62M | 5.87M | 11.22M | -44.53M | 2.36M | 738.00K | 556.00K |
| Net Income | 2.84B | 22.78M | -340.32M | -1.58B | -1.06B | -1.75B | -2.60B | -911.34M | -688.30M |
| Net Income growth (YoY) | +12382.48% | — | — | — | — | — | — | — | — |
| EPS (Basic) | 6.92 | 0.06 | -0.88 | -4.47 | -3.17 | -5.61 | -11.44 | -43.04 | -35.53 |
| EPS (Diluted) | 6.81 | 0.06 | -0.88 | -4.47 | -3.17 | -5.61 | -11.44 | -43.04 | -35.53 |
| Shares Outstanding (Basic) | 410.84M | 409.18M | 385.33M | 354.73M | 334.72M | 312.18M | 227.50M | 21.18M | 19.37M |
| Shares Outstanding (Diluted) | 417.66M | 413.65M | 385.33M | 354.73M | 334.72M | 312.18M | 227.50M | 21.18M | 19.37M |
| EBITDA | -53.15M | 29.98M | -359.09M | -1.30B | -995.87M | -1.65B | -2.59B | -958.96M | -705.66M |
| Gross Margin | 41.46% | 42.31% | 42.23% | 40.52% | 46.94% | 38.79% | 39.81% | 42.34% | 37.77% |
| Operating Margin | -2.98% | -2.06% | -10.80% | -35.63% | -35.38% | -76.47% | -74.74% | -45.34% | -66.83% |
| Net Margin | 45.03% | 39.00% | -7.73% | -38.69% | -33.11% | -74.13% | -71.97% | -42.26% | -64.94% |
This table shows 9 annual periods of Lyft's income statement, from FY 2025 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LYFT's reporting calendar. What is a income statement?