Lyft Gross Profit 2017-2024 | LYFT

Lyft 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 gross profit for the quarter ending March 31, 2024 was $0.522B, a 15.56% increase year-over-year.
  • Lyft gross profit for the twelve months ending March 31, 2024 was $1.930B, a 15.17% increase year-over-year.
  • Lyft annual gross profit for 2023 was $1.86B, a 12.07% increase from 2022.
  • Lyft annual gross profit for 2022 was $1.659B, a 10.19% increase from 2021.
  • Lyft annual gross profit for 2021 was $1.506B, a 64.2% increase from 2020.
Lyft 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 Quarterly Gross Profit
(Millions of US $)
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 $5.717B $4.404B
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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