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.