How Lyft (LYFT) Makes Money: A Visual Guide
Lyft (LYFT) generated $6.32B in revenue (TTM through Q4 2025), earning $2.84B in net profit (45% margin). Below is an interactive breakdown of how revenue flows through the income statement.
Lyft (LYFT) Income Statement Flow
Frequently asked questions
How much revenue does Lyft (LYFT) generate?
- Lyft (LYFT) generated $6.32B in total revenue for TTM through Q4 2025 with a net profit margin of 45%.
What is Lyft (LYFT) gross profit margin?
- Lyft (LYFT) reported a gross profit margin of 41.5% for TTM through Q4 2025, equivalent to $2.62B in gross profit. This means Lyft retains 41.5% of each revenue unit after direct costs of production.
What is Lyft (LYFT) operating profit margin?
- Lyft (LYFT) reported an operating profit margin of -3% for TTM through Q4 2025, equivalent to −$188.37M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Lyft (LYFT) net profit margin?
- Lyft (LYFT) reported a net profit margin of 45% for TTM through Q4 2025, equivalent to $2.84B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Lyft (LYFT) invest in R&D?
- Lyft (LYFT) invested $451.42M in research and development in TTM through Q4 2025 (7.1% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Lyft (LYFT) spend on capital expenditures?
- Lyft (LYFT) spent $52.82M on capital expenditures in TTM through Q4 2025 (0.8% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Lyft (LYFT) free cash flow?
- Lyft (LYFT) generated $1.15B in free cash flow for TTM through Q4 2025 (18.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
Data & methodology
What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
- Based on company filings through TTM through Q4 2025.
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