← Lyft, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1b | $2.2b | $3.8b | $2.4b | $3.2b | $4.1b | $4.4b | $5.8b | $6.3b | |
| Cost of revenue | $659.5m | $1.2b | $2.2b | $1.4b | $1.6b | $2.4b | $2.5b | $3.3b | $3.7b | |
| Research and development | $136.6m | $300.8m | $1.5b | $909.1m | $911.9m | $856.8m | $555.9m | $397.1m | $451.4m | |
| Operations and support | $183.5m | $338.4m | $636.1m | $454.0m | $402.2m | $443.8m | $427.2m | $443.8m | $478.3m | |
| Sales and marketing | $567.0m | $803.8m | $814.1m | $416.3m | $411.4m | $531.5m | $481.0m | $789.0m | $875.1m | |
| General and administrative | $221.4m | $447.9m | $1.2b | $946.1m | $915.6m | $1.3b | $871.1m | $937.3m | $1.0b | |
| Loss from operations | ($708.3m) | ($977.7m) | ($2.7b) | ($1.8b) | ($1.1b) | ($1.5b) | ($475.6m) | ($118.9m) | ($188.4m) | |
| Other income, net | $284k | $652k | $89k | $43.7m | $135.9m | ($100.0m) | $170.1m | $173.2m | $155.9m | |
| (Benefit from) provision for income taxes | $556k | $738k | $2.4m | ($44.5m) | $11.2m | $5.9m | $8.6m | $2.6m | ($2.9b) | |
| (Loss) income before income taxes | ($687.7m) | ($910.6m) | ($2.6b) | ($1.8b) | ($998.1m) | ($1.6b) | ($331.7m) | $25.4m | ($53.2m) | |
| Net income (loss) | ($688.3m) | ($911.3m) | ($2.6b) | ($1.8b) | ($1.0b) | ($1.6b) | ($340.3m) | $22.8m | $2.8b | |
| Basic (in dollars per share) | — | — | ($11.44) | ($5.61) | ($3.02) | ($4.47) | ($0.88) | $0.06 | $6.92 | |
| Diluted (in dollars per share) | — | — | ($11.44) | ($5.61) | ($3.02) | ($4.47) | ($0.88) | $0.06 | $6.81 | |
| Interest expense | — | $0 | $0 | ($32.7m) | ($51.6m) | ($19.7m) | ($26.2m) | ($28.9m) | ($20.8m) | |
| Stock-based compensation included in costs and expenses | $9.5m | $8.6m | $1.6b | $565.8m | $724.6m | $750.8m | $484.5m | $330.9m | $322.3m | |
| Total costs and expenses | $1.8b | $3.1b | $6.3b | $4.2b | $4.3b | $5.6b | $4.9b | $5.9b | $6.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.