Lyft, Inc. Gross Profit 2017-2024 | LYFT
Lyft, Inc. annual/quarterly gross profit history and growth rate from 2017 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Lyft, Inc. gross profit for the quarter ending September 30, 2024 was $0.634B, a 23.66% increase year-over-year.
- Lyft, Inc. gross profit for the twelve months ending September 30, 2024 was $2.253B, a 26.63% increase year-over-year.
- Lyft, Inc. annual gross profit for 2023 was $1.86B, a 12.07% increase from 2022.
- Lyft, Inc. annual gross profit for 2022 was $1.659B, a 10.19% increase from 2021.
- Lyft, Inc. annual gross profit for 2021 was $1.506B, a 64.2% increase from 2020.
Lyft, Inc. Annual Gross Profit (Millions of US $) |
2023 |
$1,860 |
2022 |
$1,659 |
2021 |
$1,506 |
2020 |
$917 |
2019 |
$1,439 |
2018 |
$913 |
2017 |
$400 |
2016 |
$64 |
Lyft, Inc. Quarterly Gross Profit (Millions of US $) |
2024-09-30 |
$634 |
2024-06-30 |
$616 |
2024-03-31 |
$522 |
2023-12-31 |
$481 |
2023-09-30 |
$513 |
2023-06-30 |
$414 |
2023-03-31 |
$452 |
2022-12-31 |
$401 |
2022-09-30 |
$483 |
2022-06-30 |
$340 |
2022-03-31 |
$435 |
2021-12-31 |
$419 |
2021-09-30 |
$472 |
2021-06-30 |
$418 |
2021-03-31 |
$197 |
2020-12-31 |
$178 |
2020-09-30 |
$238 |
2020-06-30 |
$88 |
2020-03-31 |
$413 |
2019-12-31 |
$514 |
2019-09-30 |
$375 |
2019-06-30 |
$237 |
2019-03-31 |
$313 |
2018-12-31 |
$303 |
2018-09-30 |
$262 |
2018-06-30 |
$212 |
2018-03-31 |
$137 |
2017-12-31 |
|
2016-12-31 |
|
Sector |
Industry |
Market Cap |
Revenue |
Computer and Technology |
INTERNET SERVICES |
$5.455B |
$5.786B |
Lyft, Inc. is a ride-share company operating a transportation platform that connects passengers with drivers in the US and Canada. Their offerings include an expanded set of transportation modes, such as access to a network of shared bikes and scooters for shorter rides and first-mile and last-mile legs of multimodal trips. They have also added information about nearby public transit routes in select cities to offer riders a robust view of transportation options. Their multimodal platform enables TaaS, which they believe offers a viable alternative to car ownership.
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