Lyft Profit Margin 2017-2023 | LYFT

Current and historical gross margin, operating margin and net profit margin for Lyft (LYFT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Lyft net profit margin as of December 31, 2023 is -3.94%.
Lyft Annual Profit Margins
Lyft Quarterly Profit Margins
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $6.645B $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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