TTM
43.2%
YoY change
−0.86pp
Trough year (2016)
18.7%
Peak year (2021)
46.9%
Latest annual
41.5%
Gross Margin history chart for Lyft (LYFT) from 2016 to 2025
Latest: 41.5%
Gross Margin change chart for Lyft (LYFT) from 2016 to 2025
Latest: −0.86pp
Gross Margin history table for Lyft (LYFT) from 2016 to 2025
| 2025 | 41.5% | -0.86pp | ||
| 2024 | 42.3% | +0.08pp | ||
| 2023 | 42.2% | +1.71pp | ||
| 2022 | 40.5% | -6.42pp | ||
| 2021 | 46.9% | +8.15pp | ||
| 2020 | 38.8% | -1.02pp | ||
| 2019 | 39.8% | -2.54pp | ||
| 2018 | 42.3% | +4.57pp | ||
| 2017 | 37.8% | +19.05pp | ||
| 2016 | 18.7% | — |
- 202541.5%-0.86pp
- 202442.3%+0.08pp
- 202342.2%+1.71pp
- 202240.5%-6.42pp
- 202146.9%+8.15pp
- 202038.8%-1.02pp
- 201939.8%-2.54pp
- 201842.3%+4.57pp
- 201737.8%+19.05pp
- 201618.7%—
Gross Margin values are taken from Lyft's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Lyft (LYFT)
According to Lyft's latest reported financial statements, the company's latest reported gross margin is 43.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Lyft (LYFT) gross margin totalled 41.46% – contracted 0.9 percentage points year-over-year.
46.94% stands as the all-time-high annual gross margin, posted in 2021, against a low of 18.73% during 2016.
Lyft Gross Margin by Year
Lyft Gross Margin 2025: 41.5%
2025's gross margin for Lyft came in at 41.46%, contracted 0.9 percentage points from 2024.
Lyft Gross Margin 2024: 42.3%
Lyft posted gross margin of 42.31% in 2024, expanded 0.1 percentage points from 2023.
Lyft Gross Margin 2023: 42.2%
In 2023, Lyft reported gross margin of 42.23%, expanded 1.7 percentage points from 2022.
Lyft Gross Margin 2022: 40.5%
Lyft gross margin in 2022 was 40.52%, contracted 6.4 percentage points from 2021.
Lyft Gross Margin 2021: 46.9%
Lyft gross margin in 2021 was 46.94%.
See more financial history for Lyft (LYFT).
Sector peers by Gross Margin
Technology peers of Lyft (LYFT), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
Frequently asked questions
Lyft (LYFT) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation