NASDAQ : LYFT
Lyft, Inc. — Financial statements
Technology · Software - Application · United States
Last price 16.16 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 6.12B
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Financial statements
Lyft, Inc. (LYFT) reported revenue of 6.77B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 6.77B | 6.32B | 5.79B | 4.40B | 4.10B | 3.21B |
| Cost of Revenue | 4.20B | 4.18B | 3.75B | 2.96B | 2.86B | 2.10B |
| Gross Profit | 2.57B | 2.14B | 2.04B | 1.45B | 1.24B | 1.10B |
| Selling, General & Admin | 2.20B | 1.86B | 1.73B | 1.33B | 1.75B | 1.33B |
| Research & Development | 472.97M | 451.42M | 395.89M | 530.12M | 827.82M | 911.95M |
| Operating Expenses | 2.67B | 2.31B | 2.12B | 1.86B | 2.57B | 2.24B |
| Operating Income | -99.82M | -168.47M | -81.34M | -412.31M | -1.34B | -1.14B |
| Interest Expense | -20.27M | -20.75M | -28.92M | -26.22M | -19.73M | -51.63M |
| Interest & Investment Income | 132.10M | 147.20M | 166.30M | 145.70M | 47.14M | 9.07M |
| Currency Exchange Gain (Loss) | -4.39M | 788.00K | ||||
| Other Non Operating Income (Expenses) | 2.50M | 8.68M | 1.78M | 24.42M | -6.74M | 6.10M |
| EBT Excluding Unusual Items | 14.51M | -33.35M | 57.82M | -268.41M | -1.32B | -1.17B |
| Merger & Restructuring Charges | -19.90M | -19.90M | -37.57M | -63.30M | -120.26M | |
| Gain (Loss) on Sale of Investments | -136.00M | 687.00K | ||||
| Gain (Loss) on Sale of Assets | 119.28M | |||||
| Other Unusual Items | 5.10M | |||||
| Pretax Income | -5.39M | -53.25M | 25.35M | -331.70M | -1.58B | -1.05B |
| Income Tax Expense | -2.87B | -2.90B | 2.57M | 8.62M | 5.87M | 11.22M |
| Net Income | 2.87B | 2.84B | 22.78M | -340.32M | -1.58B | -1.06B |
| Net Income to Common | 2.87B | 2.84B | 22.78M | -340.32M | -1.58B | -1.06B |
| Shares Outstanding (Basic) | 395.26M | 410.84M | 409.18M | 385.33M | 354.73M | 334.72M |
| Shares Outstanding (Diluted) | 402.77M | 417.66M | 413.65M | 385.33M | 354.73M | 334.72M |
| EPS (Basic) | 7.25 | 6.92 | 0.06 | -0.88 | -4.47 | -3.17 |
| EPS (Diluted) | 7.23 | 6.92 | 0.06 | -0.88 | -4.47 | -3.17 |
| Free Cash Flow | 1.11B | 1.12B | 766.27M | -248.06M | -352.25M | -180.90M |
| Free Cash Flow Per Share | 2.76 | 2.67 | 1.85 | -0.64 | -0.99 | -0.54 |
| Gross Margin | 38.02% | 33.88% | 35.26% | 32.83% | 30.18% | 34.40% |
| Operating Margin | -1.47% | -2.67% | -1.41% | -9.36% | -32.69% | -35.38% |
| Profit Margin | 42.32% | 45.03% | 0.39% | -7.73% | -38.69% | -33.11% |
| Free Cash Flow Margin | 16.43% | 17.66% | 13.24% | -5.63% | -8.60% | -5.64% |
| EBITDA | 46.59M | -33.25M | 56.94M | -296.46M | -1.21B | -995.87M |
| EBITDA Margin | 0.69% | -0.53% | 0.98% | -6.73% | -29.49% | -31.04% |
| D&A For EBITDA | 146.42M | 135.23M | 138.28M | 115.84M | 130.89M | 139.35M |
| EBIT | -99.82M | -168.47M | -81.34M | -412.31M | -1.34B | -1.14B |
| EBIT Margin | -1.47% | -2.67% | -1.41% | -9.36% | -32.69% | -35.38% |
| Effective Tax Rate | 10.12% | |||||
| Advertising Expenses | 122.90M | 136.90M | 122.00M | 162.10M | 145.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.14B | 1.13B | 759.32M | 558.64M | 281.09M | 457.32M |
| Short-Term Investments | 656.57M | 705.17M | 1.23B | 1.13B | 1.52B | 1.80B |
| Cash & Short-Term Investments | 1.79B | 1.84B | 1.98B | 1.69B | 1.80B | 2.25B |
| Accounts Receivable | 339.83M | 383.90M | 334.84M | 305.20M | 267.30M | 186.90M |
| Receivables | 339.83M | 383.90M | 334.84M | 305.20M | 267.30M | 186.90M |
| Prepaid Expenses | 374.89M | 438.45M | 428.88M | 585.67M | 509.90M | 319.35M |
| Restricted Cash | 1.36M | 1.36M | 663.00K | |||
| Other Current Assets | 350.17M | 259.98M | 202.36M | 7.50M | 15.30M | |
| Total Current Assets | 2.86B | 2.92B | 2.95B | 2.58B | 2.58B | 2.78B |
| Property, Plant & Equipment | 594.20M | 584.11M | 593.26M | 564.05M | 448.62M | 521.61M |
| Long-Term Investments | 44.51M | 47.07M | 42.52M | 39.87M | 26.39M | 80.41M |
| Goodwill | 477.08M | 439.75M | 251.38M | 257.79M | 261.58M | 180.52M |
| Other Intangible Assets | 164.57M | 178.94M | 42.78M | 59.52M | 76.21M | 50.77M |
| Long-Term Deferred Tax Assets | 2.88B | 2.91B | 435.00K | |||
| Other Long-Term Assets | 2.09B | 1.95B | 1.55B | 1.07B | 1.16B | 1.16B |
| Total Assets | 9.11B | 9.03B | 5.44B | 4.56B | 4.56B | 4.77B |
| Accounts Payable | 115.64M | 120.46M | 97.70M | 72.28M | 107.80M | 129.54M |
| Accrued Expenses | 3.94B | 3.67B | 2.86B | 2.33B | 2.50B | 1.79B |
| Current Portion of Long-Term Debt | 53.33M | 50.61M | 429.08M | 25.80M | 36.29M | 56.26M |
| Current Portion of Leases | 61.44M | 63.82M | 56.46M | 67.75M | 60.86M | 67.32M |
| Current Unearned Revenue | 2.36M | 52.78M | ||||
| Other Current Liabilities | 708.86M | 621.40M | 440.15M | 465.77M | 429.59M | 422.27M |
| Total Current Liabilities | 4.88B | 4.53B | 3.88B | 2.96B | 3.13B | 2.52B |
| Long-Term Debt | 990.56M | 1.00B | 565.97M | 839.36M | 803.21M | 655.17M |
| Long-Term Leases | 186.92M | 199.48M | 206.43M | 195.42M | 196.28M | 224.47M |
| Other Long-Term Liabilities | 25.89M | 28.83M | 14.92M | 26.60M | 35.72M | 36.66M |
| Total Liabilities | 6.08B | 5.76B | 4.67B | 4.02B | 4.17B | 3.43B |
| Common Stock | 4.00K | 4.00K | 4.00K | 4.00K | 4.00K | 3.00K |
| Additional Paid-In Capital | 10.39B | 10.69B | 11.04B | 10.83B | 10.34B | 9.71B |
| Retained Earnings | -7.35B | -7.41B | -10.26B | -10.28B | -9.94B | -8.36B |
| Comprehensive Income & Other | -15.39M | 625.00K | -10.10M | -4.95M | -5.75M | -2.51M |
| Total Common Equity | 3.02B | 3.27B | 767.02M | 541.52M | 388.67M | 1.34B |
| Shareholders' Equity | 3.02B | 3.27B | 767.02M | 541.52M | 388.67M | 1.34B |
| Total Liabilities & Equity | 9.11B | 9.03B | 5.44B | 4.56B | 4.56B | 4.77B |
| Total Debt | 1.29B | 1.32B | 1.26B | 1.13B | 1.10B | 1.00B |
| Net Cash (Debt) | 502.27M | 520.88M | 726.51M | 556.85M | 700.16M | 1.25B |
| Net Cash Per Share | 1.25 | 1.25 | 1.76 | 1.45 | 1.97 | 3.74 |
| Filing Date Shares Outstanding | 378.54M | 398.11M | 418.01M | 399.81M | 378.08M | 348.56M |
| Total Common Shares Outstanding | 379.17M | 400.86M | 418.00M | 399.81M | 370.15M | 344.94M |
| Working Capital | -2.02B | -1.61B | -930.21M | -384.14M | -549.70M | 259.71M |
| Book Value Per Share | 7.97 | 8.17 | 1.83 | 1.35 | 1.05 | 3.89 |
| Tangible Book Value | 2.38B | 2.65B | 472.86M | 224.21M | 50.88M | 1.11B |
| Tangible Book Value Per Share | 6.28 | 6.62 | 1.13 | 0.56 | 0.14 | 3.22 |
| Machinery | 555.40M | 494.50M | 482.62M | 364.59M | 312.87M | |
| Construction In Progress | 28.18M | 57.00M | 72.26M | 48.52M | 25.27M | |
| Leasehold Improvements | 73.28M | 75.48M | 77.23M | 91.33M | 100.25M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 2.87B | 2.84B | 22.78M | -340.32M | -1.58B | -1.06B |
| Depreciation & Amortization | 146.42M | 135.23M | 138.28M | 115.84M | 130.89M | 139.35M |
| Other Amortization | 4.32M | 3.65M | 3.74M | 2.88M | 2.82M | 35.58M |
| Loss (Gain) From Sale of Assets | 11.33M | 7.57M | 7.83M | -11.28M | -60.66M | -113.75M |
| Asset Writedown & Restructuring Costs | 10.61M | 669.00K | 23.91M | |||
| Loss (Gain) From Sale of Investments | -57.28M | -68.93M | -89.14M | -68.01M | 115.42M | 2.59M |
| Stock-Based Compensation | 310.44M | 322.27M | 330.92M | 484.53M | 750.77M | 724.56M |
| Other Operating Activities | -2.88B | -2.90B | -29.02M | -6.65M | 23.59M | 3.32M |
| Change in Accounts Payable | 5.82M | 21.68M | 21.71M | -41.08M | -27.21M | 47.08M |
| Change in Other Net Operating Assets | 788.03M | 807.31M | 432.02M | -234.84M | 387.69M | 121.70M |
| Operating Cash Flow | 1.20B | 1.17B | 849.74M | -98.24M | -237.28M | -101.72M |
| Capital Expenditures | -82.75M | -52.82M | -83.47M | -149.82M | -114.97M | -79.18M |
| Sale of Property, Plant & Equipment | 59.30M | 52.89M | 92.05M | 92.59M | 129.84M | 42.54M |
| Cash Acquisitions | -361.57M | -307.32M | 1.63M | -146.33M | 3.00K | |
| Divestitures | 122.69M | |||||
| Investment in Securities | 240.74M | 715.32M | -527.86M | 649.85M | 317.51M | 182.95M |
| Other Investing Activities | -9.79M | -1.33M | 1.30M | 5.50M | -2.00M | |
| Investing Cash Flow | -154.08M | 406.74M | -517.98M | 599.75M | 186.04M | 267.01M |
| Long-Term Debt Issued | 500.00M | 460.00M | ||||
| Long-Term Debt Repaid | -494.42M | -480.82M | -115.95M | -102.42M | -79.99M | |
| Net Debt Issued (Repaid) | 383.25M | 5.58M | -20.82M | -115.95M | -102.42M | -79.99M |
| Issuance of Common Stock | 15.77M | 14.86M | 15.05M | 10.99M | 21.66M | 33.82M |
| Repurchase of Common Stock | -856.20M | -651.30M | -90.33M | -3.02M | -6.73M | -26.30M |
| Other Financing Activities | -57.74M | -54.67M | -59.77M | -14.10M | -2.00K | |
| Financing Cash Flow | -514.91M | -685.53M | -155.87M | -122.08M | -87.50M | -72.47M |
| Foreign Exchange Rate Adjustments | -4.27M | 1.68M | -1.64M | 533.00K | -631.00K | -113.00K |
| Net Cash Flow | 521.82M | 891.33M | 174.25M | 379.96M | -139.37M | 92.71M |
| Free Cash Flow | 1.11B | 1.12B | 766.27M | -248.06M | -352.25M | -180.90M |
| Free Cash Flow Margin | 16.43% | 17.66% | 13.24% | -5.63% | -8.60% | -5.64% |
| Free Cash Flow Per Share | 2.76 | 2.67 | 1.85 | -0.64 | -0.99 | -0.54 |
| Levered Free Cash Flow | 1.15B | 1.19B | 773.88M | -94.22M | 299.30M | 323.53M |
| Unlevered Free Cash Flow | 1.16B | 1.20B | 788.22M | -80.71M | 308.81M | 320.23M |
| Cash Interest Paid | 19.82M | 19.82M | 28.30M | 20.18M | 16.75M | 16.52M |
| Cash Income Tax Paid | 7.26M | 7.26M | 11.21M | 9.43M | 10.72M | 5.87M |
| Change in Working Capital | 793.85M | 828.99M | 453.73M | -275.92M | 360.48M | 168.78M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.12B | 7.74B | 5.35B | 5.89B | 3.98B | 14.56B |
| Enterprise Value | 5.61B | 7.06B | 4.67B | 5.34B | 3.30B | 13.20B |
| Last Close Price | 16.16 | 19.37 | 12.90 | 14.99 | 11.02 | 42.73 |
| PE Ratio | 2.24 | 2.72 | 234.86 | |||
| Forward PE | 8.18 | 14.53 | 12.64 | 33.95 | 14.31 | 71.66 |
| PS Ratio | 0.90 | 1.23 | 0.93 | 1.34 | 0.97 | 4.54 |
| PB Ratio | 2.03 | 2.36 | 6.98 | 10.88 | 10.23 | 10.86 |
| P/TBV Ratio | 2.57 | 2.91 | 11.32 | 26.27 | 78.18 | 13.12 |
| P/FCF Ratio | 5.50 | 6.93 | 6.98 | |||
| P/OCF Ratio | 5.12 | 6.62 | 6.30 | |||
| PEG Ratio | 0.48 | 14.40 | ||||
| EV/Sales Ratio | 0.83 | 1.12 | 0.81 | 1.21 | 0.81 | 4.11 |
| EV/EBITDA Ratio | 120.51 | 81.95 | ||||
| EV/FCF Ratio | 5.05 | 6.33 | 6.09 | |||
| Debt / Equity Ratio | 0.43 | 0.40 | 1.64 | 2.08 | 2.82 | 0.75 |
| Debt / EBITDA Ratio | 13.47 | 108.85 | 12.01 | |||
| Debt / FCF Ratio | 1.16 | 1.18 | 1.64 | |||
| Net Debt / Equity Ratio | -0.17 | -0.16 | -0.95 | -1.03 | -1.80 | -0.93 |
| Net Debt / EBITDA Ratio | -10.78 | 15.67 | -12.76 | 1.88 | 0.58 | 1.26 |
| Net Debt / FCF Ratio | -0.45 | -0.47 | -0.95 | 2.25 | 1.99 | 6.91 |
| Asset Turnover | 0.94 | 0.87 | 1.16 | 0.97 | 0.88 | 0.68 |
| Quick Ratio | 0.44 | 0.49 | 0.60 | 0.67 | 0.66 | 0.97 |
| Current Ratio | 0.59 | 0.65 | 0.76 | 0.87 | 0.82 | 1.10 |
| Return on Equity (ROE) | 152.58% | 140.77% | 3.48% | -73.17% | -183.19% | -70.40% |
| Return on Assets (ROA) | -0.86% | -1.46% | -1.02% | -5.65% | -17.93% | -15.01% |
| Return on Invested Capital (ROIC) | -3.90% | -6.12% | ||||
| Return on Capital Employed (ROCE) | -2.40% | -3.70% | -5.20% | -25.70% | -94.00% | -50.30% |
| Earnings Yield | 44.72% | 36.77% | 0.43% | -5.78% | -39.84% | -7.29% |
| FCF Yield | 18.18% | 14.42% | 14.32% | -4.21% | -8.86% | -1.24% |
| Buyback Yield / Dilution | 4.94% | -0.97% | -7.35% | -8.63% | -5.98% | -7.22% |