Lyft, Inc.
TechnologyNASDAQ:LYFT · NASDAQ Global Select
-$0.15 today
Vol 7.12M · Avg 15.46M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$6.5B of revenue converted into $2.9B of net income for the selected period. Gross margin is 43.2% and net margin is 44.8%, showing how much revenue survives after costs and taxes. EPS is $6.85, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3B +9.2% | $5.8B +31.4% | $4.4B +7.5% | $4.1B +27.6% | $3.2B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $3.7B +10.8% | $3.3B +31.2% | $2.5B +4.4% | $2.4B +43.1% | $1.7B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $2.6B +7.0% | $2.4B +31.7% | $1.9B +12.1% | $1.7B +10.2% | $1.5B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 41.5% -0.9pp | 42.3% +0.1pp | 42.2% +1.7pp | 40.5% -6.4pp | 46.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $451.4M +13.7% | $397.1M -28.6% | $555.9M -35.1% | $856.8M -6.0% | $911.9M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $1.9B +8.7% | $1.7B +27.7% | $1.4B -25.6% | $1.8B +37.0% | $1.3B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $2.8B +9.3% | $2.6B +9.9% | $2.3B -25.1% | $3.1B +18.1% | $2.6B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $135.2M -9.2% | $148.9M +27.8% | $116.5M -24.7% | $154.8M +11.1% | $139.3M | $374.2M | $1.2B | $631.8M |
| EBITDA | $102.7M -49.4% | $203.2M +207.5% | -$189.0M +86.5% | -$1.4B -63.3% | -$859.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 1.6% -1.9pp | 3.5% +7.8pp | -4.3% +30.0pp | -34.3% -7.5pp | -26.8% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$188.4M -58.4% | -$118.9M +75.0% | -$475.6M +67.4% | -$1.5B -28.5% | -$1.1B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -3.0% -0.9pp | -2.1% +8.7pp | -10.8% +24.8pp | -35.6% -0.2pp | -35.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 -100.0% | $166.3M +14.1% | $145.7M +209.1% | $47.1M +419.5% | $9.1M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $20.8M -28.2% | $28.9M +10.3% | $26.2M +32.9% | $19.7M -61.8% | $51.6M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $135.1M -6.3% | $144.3M +0.3% | $143.9M +220.2% | -$119.7M -242.0% | $84.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$53.2M -310.0% | $25.4M +107.6% | -$331.7M +79.0% | -$1.6B -50.2% | -$1.1B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -0.8% -1.3pp | 0.4% +8.0pp | -7.5% +31.0pp | -38.5% -5.8pp | -32.8% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$2.9B -113009.4% | $2.6M -70.2% | $8.6M +46.7% | $5.9M -47.7% | $11.2M | $1.3B | -$1.6B | $745.2M |
| Net Income | $2.8B +12382.5% | $22.8M +106.7% | -$340.3M +78.5% | -$1.6B -49.2% | -$1.1B | $4.9B | $4.8B | $4.7B |
| Net Margin | 45.0% +44.6pp | 0.4% +8.1pp | -7.7% +31.0pp | -38.7% -5.6pp | -33.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $7 +12323.7% | $0 +106.3% | -$1 +80.3% | -$4 -41.0% | -$3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $7 +12259.3% | $0 +106.3% | -$1 +80.3% | -$4 -41.0% | -$3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $410.8M +0.4% | $409.2M +6.2% | $385.3M +8.6% | $354.7M +6.0% | $334.7M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $417.7M +1.0% | $413.7M +7.3% | $385.3M +8.6% | $354.7M +6.0% | $334.7M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Match Group, Inc.
NASDAQ:MTCH
$8.15B
ServiceTitan, Inc.
NASDAQ:TTAN
$6.35B
The Descartes Systems Group Inc.
NASDAQ:DSGX
$6.28B
Paylocity Holding Corporation
NASDAQ:PCTY
$5.82B
AppFolio, Inc.
NASDAQ:APPF
$5.77B
NICE Ltd.
NASDAQ:NICE
$5.21B
Sportradar Group AG
NASDAQ:SRAD
$4.77B
GitLab Inc.
NASDAQ:GTLB
$4.70B
Life360, Inc.
NASDAQ:LIF
$3.67B
SoundHound AI, Inc.
NASDAQ:SOUN
$3.01B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does LYFT generate?
Lyft, Inc. (LYFT) reported $6.32B of revenue in fiscal 2025.
Is LYFT profitable?
Lyft, Inc. (LYFT) reported $2.84B of net income, with a net margin of 45.0%.
Explore More
Continue the stock analysis
Jump to another research area for this company.