← Lyft, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $517.7m | $358.3m | $319.7m | $457.3m | $281.1m | $558.6m | $759.3m | $1.1b | |
| Short-term investments | $1.5b | $2.5b | $1.9b | $1.8b | $1.5b | $1.1b | $1.2b | $705.2m | |
| Prepaid expenses and other current assets | $282.6m | $397.2m | $343.1m | $522.2m | $786.1m | $892.2m | $966.1m | $1.1b | |
| Restricted cash and cash equivalents | $187.4m | $205.0m | $118.6m | $73.2m | $109.4m | $211.8m | $186.7m | $705.4m | |
| Total current assets | $2.3b | $3.2b | $2.6b | $2.8b | $2.6b | $2.6b | $3.0b | $2.9b | |
| Property and equipment, net | $109.3m | $188.6m | $313.3m | $298.2m | $313.4m | $465.8m | $444.9m | $418.5m | |
| Intangible assets, net | $117.7m | $82.9m | $65.8m | $50.8m | $76.2m | $59.5m | $42.8m | $178.9m | |
| Goodwill | $152.1m | $158.7m | $182.7m | $180.5m | $261.6m | $257.8m | $251.4m | $439.8m | |
| Operating lease right-of-use assets | — | $441.3m | $275.8m | $223.4m | $135.2m | $98.2m | $148.4m | $165.6m | |
| Other assets | $9.4m | $6.5m | $17.0m | $46.5m | $23.9m | $16.7m | $12.4m | $18.4m | |
| Restricted investments | $863.7m | $1.4b | $1.1b | $1.0b | $1.0b | $837.3m | $1.4b | $1.2b | |
| Other investments | — | $0 | $10.0m | $80.4m | $26.4m | $39.9m | $42.5m | $47.1m | |
| Deferred tax assets | — | — | — | — | — | — | $435k | $2.9b | |
| Insurance reserves | $810.3m | $1.4b | $987.1m | $1.1b | $1.4b | $1.3b | $1.7b | $2.2b | |
| Accrued and other current liabilities | $606.2m | $939.9m | $954.0m | $1.2b | $1.6b | $1.5b | $1.7b | $2.2b | |
| Operating lease liabilities, current | — | $94.2m | $49.3m | $53.8m | $45.8m | $42.6m | $25.2m | $28.1m | |
| Convertible senior notes, current | — | — | — | — | — | $0 | $390.2m | $0 | |
| Operating lease liabilities | — | $382.1m | $265.8m | $210.2m | $176.4m | $134.1m | $152.1m | $159.9m | |
| Other liabilities | $30.5m | $3.9m | $18.3m | $50.9m | $55.6m | $87.9m | $69.3m | $68.4m | |
| Total stockholders’ equity | ($2.9b) | $2.9b | $1.7b | $1.4b | $388.7m | $541.5m | $767.0m | $3.3b | |
| Total assets | $3.8b | $5.7b | $4.7b | $4.8b | $4.6b | $4.6b | $5.4b | $9.0b | |
| Total liabilities and stockholders’ equity | $3.8b | $5.7b | $4.7b | $4.8b | $4.6b | $4.6b | $5.4b | $9.0b | |
| Accounts payable | $32.3m | $38.8m | $84.1m | $129.5m | $107.8m | $72.3m | $97.7m | $120.5m | |
| Long-term debt, net of current portion | — | $0 | $644.2m | $655.2m | $803.2m | $839.4m | $566.0m | $1.0b | |
| Total current liabilities | $1.4b | $2.5b | $2.1b | $2.5b | $3.1b | $3.0b | $3.9b | $4.5b | |
| Total liabilities | $1.5b | $2.8b | $3.0b | $3.4b | $4.2b | $4.0b | $4.7b | $5.8b | |
| Preferred stock, $0.00001 par value; 1,000,000 shares authorized as of December 31, 2025 and December 31, 2024; no shares issued and outstanding as of December 31, 2025 and 2024 | — | — | — | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.00001 par value; 18,000,000 Class A shares authorized as of December 31, 2025 and 2024; 400,856 and 409,474 Class A shares issued and outstanding as of December 31, 2025 and 2024, respectively; 87,220 and 100,000 Class B shares authorized as of December 31, 2025 and 2024; no Class B shares issued and outstanding as of December 31, 2025 and 8,531 Class B shares issued and outstanding as of December 31, 2024 | 0 | 3k | 3k | 3k | 4k | 4k | 4k | 4k | |
| Additional paid-in capital | $73.9m | $8.4b | $9.0b | $9.7b | $10.3b | $10.8b | $11.0b | $10.7b | |
| Accumulated other comprehensive income (loss) | $133k | $2.7m | ($473k) | ($2.5m) | ($5.8m) | ($4.9m) | ($10.1m) | $625k | |
| Accumulated deficit | ($2.9b) | ($5.5b) | ($7.3b) | ($8.3b) | ($9.9b) | ($10.3b) | ($10.3b) | ($7.4b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.