Gross Profit for Lyft (LYFT)
According to Lyft's latest reported financial statements, the company's current gross profit (TTM) is $2.62B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LYFT
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TTM (last 4 quarters)
$2.62B
YoY change
+7.0%
5Y CAGR
+23.3%
Peak year (2025)
$2.62B
Cumulative gross profit
$13.83B
Gross Profit history chart for Lyft (LYFT) from 2016 to 2025
Gross Profit history table for Lyft (LYFT) from 2016 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $2.62B | +7.0% | ||
| 2024 | $2.45B | +31.7% | ||
| 2023 | $1.86B | +12.1% | ||
| 2022 | $1.66B | +10.2% | ||
| 2021 | $1.51B | +64.2% | ||
| 2020 | $917.16M | -36.3% | ||
| 2019 | $1.44B | +57.6% | ||
| 2018 | $913.22M | +128.1% | ||
| 2017 | $400.35M | +522.8% | ||
| 2016 | $64.29M | — |
Gross Profit values are taken from Lyft's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Lyft (LYFT) gross profit is $2.62B – grew 7.0% year-over-year.
Over 2020–2025 (5 years), Lyft gross profit expanded at a +23.3% compound annual rate, sustaining 5 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $2.62B in 2025 and its low of $64.29M in 2016.
Lyft (LYFT) sits 9th of 8 Technology peers we track on this metric, against a peer median of $98.38B.
Lyft Gross Profit by Year
Lyft Gross Profit 2025: $2.62B
Lyft gross profit in 2025 was $2.62B, grew 7.0% from 2024. This figure represents the highest annual value in the available history.
Lyft Gross Profit 2024: $2.45B
Lyft gross profit in 2024 was $2.45B, surged 31.7% from 2023.
Lyft Gross Profit 2023: $1.86B
Lyft gross profit in 2023 was $1.86B, grew 12.1% from 2022.
Lyft Gross Profit 2022: $1.66B
Lyft gross profit in 2022 was $1.66B, grew 10.2% from 2021.
Lyft Gross Profit 2021: $1.51B
Lyft gross profit in 2021 was $1.51B.
See more financial history for Lyft (LYFT).
Sector peers — Gross Profit
Companies in the same sector as Lyft, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is Lyft's gross profit?
- Latest reported gross profit for Lyft (LYFT) is $2.62B (period ending December 31, 2025).
How has Lyft gross profit changed year-over-year?
- Lyft (LYFT) gross profit changed +7.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Lyft gross profit?
- Lyft (LYFT) gross profit compound annual growth rate is +23.3% over the most recent 5 years available.
When did Lyft gross profit hit its highest annual value?
- Lyft gross profit reached its highest annual value of $2.62B in 2025.
What was Lyft gross profit in 2024?
- Lyft (LYFT) gross profit in 2024 was $2.45B.
What was Lyft gross profit in 2025?
- Lyft (LYFT) gross profit in 2025 was $2.62B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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