Metrics
The numbers behind Lyft, Inc.: as-reported financial statements and company metrics for FY2021–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked figure opens the exact page of the filing it was printed on, with the statement row highlighted. Amounts in US$ thousands unless noted.
Reading notes: All figures are in US$ thousands, as printed on the filings' consolidated statements ('in thousands, except per-share data'). Lyft's fiscal year ends December 31. Revenue is Total revenue = Revenue from contracts with customers (ASC 606) + Rental revenue (ASC 842). The standardized data feed captured only the ASC 606 component; the filed audited Total revenue line is used for every year (see discrepancies). FY2025 net income of $2.844bn is driven by a $2.9bn income-tax benefit from the release of the deferred-tax-asset valuation allowance (deferred tax assets on the balance sheet rose to $2.906bn); pre-tax result was a $53m loss. FY2021 income-statement and balance-sheet columns are the restated comparatives from the FY2022 Form 10-K, not the as-originally-filed FY2021 10-K (see discrepancies).
Share Price — Full Available History — 7 Years
The stock closed at $14.20 on Jul 24, 2026 — down 82% over the window shown (-20.8% a year), trading between $7.99 and $78.29. At that close the stock trades at 2.1× FY2025 diluted EPS as reported below.
Source: market price feed, weekly closes, sampled from 1,841 source observations, Mar 2019–Jul 2026. Price return only, excludes dividends.
Market capitalization $3.2bn and enterprise value $3.2bn.
Market cap = 227.5M shares outstanding × the Jul 24, 2026 close of $14.20. Enterprise value adds total debt of $1.1bn and subtracts cash and equivalents of $1.1bn (net cash of $79mn), from the FY2025 balance sheet. Market-derived figures, shown without filing links.
FY2025 at a Glance
Revenue (US$ thousands)
Net income (US$ thousands)
Diluted EPS
Source: FY2025 consolidated statements [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Type (ASC 606 vs. Rental)
| Revenue by Type (ASC 606 vs. Rental) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue from contracts with customers (ASC 606) | 2,957,979 | 3,811,993 | 4,116,216 | 5,365,534 | 5,895,475 |
| Rental revenue (ASC 842) | 250,344 | 283,142 | 287,373 | 420,482 | 420,786 |
| Total revenue | 3,208,323 | 4,095,135 | 4,403,589 | 5,786,016 | 6,316,261 |
| Total revenue growth, derived | — | +27.6% | +7.5% | +31.4% | +9.2% |
Source: Note 3, Revenue — revenues as presented on the Consolidated Statements of Operations [5] [6]. Click any linked figure to open the filing page with the row highlighted.
Income Statement
Source: Consolidated Statements of Operations [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Columns marked E are consensus analyst estimates from S&P Capital IQ (CapIQ), shown alongside reported results for direct comparison; they are not company guidance.
Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-24. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.
Balance Sheet
Source: Consolidated Balance Sheets [7] [8] [9]. Click any linked figure to open the filing page with the row highlighted.
Cash Flow
Source: Consolidated Statements of Cash Flows [10] [11]. Click any linked figure to open the filing page with the row highlighted.
Profitability Operating Leverage (Non-GAAP)
| Profitability Operating Leverage (Non-GAAP) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Adjusted EBITDA margin (% of Gross Bookings) | (1.6%) | (3.5%) | 1.6% | 2.4% | 2.9% |
| Net income (loss) as a % of Gross Bookings | (10.9%) | (13.1%) | (2.5%) | 0.1% | 15.4% |
| Net income (loss) as a % of revenue | (33.1%) | (38.7%) | (7.7%) | 0.4% | 45.0% |
Source: company filings [12] [13]. Click any linked figure to open the filing page with the row highlighted.
Cash Generation, Dilution Capital Returns
| Cash Generation, Dilution Capital Returns | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Free cash flow (OCF less capex) | (180,900) | (352,300) | (248,100) | 766,300 | 1,115,600 |
| Adjusted Net Income (Loss) | (332,600) | (531,400) | 250,700 | 391,500 | — |
| Stock-based compensation | 724,560 | 750,767 | 484,533 | 330,921 | 322,268 |
Source: company filings [10] [12] [14] [13]. Click any linked figure to open the filing page with the row highlighted.
Legacy Unit Economics (metrics discontinued after FY2022)
| Legacy Unit Economics (metrics discontinued after FY2022) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue per Active Rider (Q4) | 51.79 | 57.72 | — | — | — |
| Contribution | 1,631,300 | 1,729,800 | — | — | — |
| Contribution Margin | 50.8% | 42.2% | — | — | — |
| Gross profit margin | 46.9% | 40.5% | — | — | — |
Source: company filings [15]. Click any linked figure to open the filing page with the row highlighted.
Long-Term Record
| Fiscal year | Total revenue | Net income (loss) | Diluted net income (loss) per share | Net cash provided by (used in) operating activities |
|---|---|---|---|---|
| FY2019 | 3,615,960 | (2,602,241) | (11.44) | (105,702) |
| FY2020 | 2,364,681 | (1,752,857) | (5.61) | (1,378,899) |
| FY2021 | 3,208,323 | (1,062,144) | (3.17) | (101,721) |
| FY2022 | 4,095,135 | (1,584,511) | (4.47) | (237,285) |
| FY2023 | 4,403,589 | (340,320) | (0.88) | (98,244) |
| FY2024 | 5,786,016 | 22,784 | 0.06 | 849,737 |
| FY2025 | 6,316,261 | 2,844,008 | 6.81 | 1,168,438 |
Source: consolidated statements across filings; older years from the standardized feed [10] [1] [11] [4]. Click any linked figure to open the filing page with the row highlighted.
Operating KPIs
| KPI | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Gross Bookings | — | 12,057,300 | 13,775,200 | 16,099,400 | 18,507,000 |
| Rides | — | 598,500,000 | 709,000,000 | 828,300,000 | 945,500,000 |
| Active Riders (Q4) | — | 20,400,000 | 22,400,000 | 24,700,000 | 29,200,000 |
| Adjusted EBITDA | — | (416,500) | 222,400 | 382,400 | 528,800 |
Source: company-reported operating metrics [12] [16]. Click any linked figure to open the filing page with the row highlighted.
Analyst Consensus
Mean target
Median target
High target
Low target
Street ratings: 10 strong buy, 4 buy, 28 hold, 1 sell. Consensus: Buy.
Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-24. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.
Traceability
313 of 313 figures on this page (100%) link to the filing page where they are printed — click a linked figure to open the source PDF at that page with the row highlighted. Unlinked figures come from standardized data feeds or pre-filing years.
All figures are in US$ thousands, as printed on the filings' consolidated statements ('in thousands, except per-share data'). Lyft's fiscal year ends December 31.
Revenue is Total revenue = Revenue from contracts with customers (ASC 606) + Rental revenue (ASC 842). The standardized data feed captured only the ASC 606 component; the filed audited Total revenue line is used for every year (see discrepancies).
FY2025 net income of $2.844bn is driven by a $2.9bn income-tax benefit from the release of the deferred-tax-asset valuation allowance (deferred tax assets on the balance sheet rose to $2.906bn); pre-tax result was a $53m loss.
FY2021 income-statement and balance-sheet columns are the restated comparatives from the FY2022 Form 10-K, not the as-originally-filed FY2021 10-K (see discrepancies).
FY2019–FY2020 long-term figures are comparative columns of the FY2021 Form 10-K; FY2021–FY2022 from the FY2022 10-K; FY2023–FY2025 from the FY2025 10-K.
Lyft operates as a single reportable segment; the revenue breakdown shown is the company's own ASC 606 vs. ASC 842 disaggregation (Note 3). Revenue is ~96–99% United States (International $256.0m of $6,316.3m in FY2025).
KPI values: Gross Bookings and Adjusted EBITDA are money in US$ thousands (page anchors are printed in $ millions); Rides and Active Riders are absolute counts (page anchors are printed in millions). Active Riders is the fourth-quarter figure.
Quarterly Q4 FY25 income-statement and all derived quarterly cash-flow cells are computed from printed year-to-date / full-year statements (see the quarterly statement notes); every such cell reconciles exactly to the two printed figures.
3 figure(s) differed between the data feed and the filing; the filing value is shown (see the run's metrics/metrics_tab.json for the audit trail).