Lyft Research and Development Expenses 2017-2024 | LYFT

Lyft annual/quarterly research and development expenses history and growth rate from 2017 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Lyft research and development expenses for the quarter ending September 30, 2024 were $0.104B, a 4.38% decline year-over-year.
  • Lyft research and development expenses for the twelve months ending September 30, 2024 were $0.398B, a 42.7% decline year-over-year.
  • Lyft annual research and development expenses for 2023 were $0.556B, a 35.12% decline from 2022.
  • Lyft annual research and development expenses for 2022 were $0.857B, a 6.05% decline from 2021.
  • Lyft annual research and development expenses for 2021 were $0.912B, a 0.31% increase from 2020.
Lyft Annual Research and Development Expenses
(Millions of US $)
2023 $556
2022 $857
2021 $912
2020 $909
2019 $1,506
2018 $301
2017 $137
2016 $65
Lyft Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30 $104
2024-06-30 $99
2024-03-31 $100
2023-12-31 $95
2023-09-30 $109
2023-06-30 $155
2023-03-31 $197
2022-12-31 $235
2022-09-30 $228
2022-06-30 $202
2022-03-31 $193
2021-12-31 $195
2021-09-30 $227
2021-06-30 $252
2021-03-31 $238
2020-12-31 $215
2020-09-30 $232
2020-06-30 $203
2020-03-31 $259
2019-12-31 $277
2019-09-30 $288
2019-06-30 $310
2019-03-31 $631
2018-12-31 $96
2018-09-30 $77
2018-06-30 $64
2018-03-31 $63
2017-12-31
2016-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $6.965B $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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