Lyft Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Lyft Inc. reported revenue of $6.3B (+9.2% year on year) and net income of $2.8B (+12382.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue | $6.3B | $5.8B | $4.4B | $4.1B |
| Cost of revenue | $3.7B | $3.3B | $2.5B | $2.4B |
| Operations and support | $478.3M | $443.8M | $427.2M | $443.8M |
| Research and development | $451.4M | $397.1M | $555.9M | $856.8M |
| Sales and marketing | $875.1M | $789.0M | $481.0M | $531.5M |
| General and administrative | $1.0B | $937.3M | $871.1M | $1.3B |
| Total costs and expenses | $6.5B | $5.9B | $4.9B | $5.6B |
| Loss from operations | ($188.4M) | ($118.9M) | ($475.6M) | ($1.5B) |
| Interest expense | ($20.8M) | ($28.9M) | ($26.2M) | ($19.7M) |
| Other income, net | $155.9M | $173.2M | $170.1M | ($100.0M) |
| (Loss) income before income taxes | ($53.2M) | $25.4M | ($331.7M) | ($1.6B) |
| (Benefit from) provision for income taxes | ($2.9B) | $2.6M | $8.6M | $5.9M |
| Net income (loss) | $2.8B | $22.8M | ($340.3M) | ($1.6B) |
| Basic (in dollars per share) | $6.92 | $0.06 | -$0.88 | -$4.47 |
| Diluted (in dollars per share) | $6.81 | $0.06 | -$0.88 | -$4.47 |
| Basic (in shares) | 410.8M | 409.2M | 385.3M | 354.7M |
| Diluted (in shares) | 417.7M | 413.7M | 385.3M | 354.7M |
| Stock-based compensation included in costs and expenses | $322.3M | $330.9M | — | $750.8M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.7B | $1.6B |
| Cost of revenue | $926.4M | $864.1M | $927.2M | $935.7M |
| Operations and support | $128.7M | $124.4M | $131.4M | $117.4M |
| Research and development | $119.2M | $124.2M | $109.6M | $109.3M |
| Sales and marketing | $320.0M | $272.9M | $243.3M | $190.9M |
| General and administrative | $301.6M | $270.2M | $250.6M | $232.3M |
| Total costs and expenses | $1.8B | $1.7B | $1.7B | $1.6B |
| Income (loss) from operations | $47.6M | ($5.3M) | $23.1M | $2.4M |
| Interest expense | ($5.5M) | ($5.2M) | ($4.7M) | ($5.0M) |
| Other income, net | $36.3M | $30.3M | $25.8M | $47.0M |
| Income before income taxes | $78.4M | $19.8M | $44.1M | $44.4M |
| Provision for income taxes | $28.1M | $5.5M | ($2.0M) | $4.1M |
| Net income | $50.3M | $14.3M | $46.1M | $40.3M |
| Basic (in dollars per share) | $0.13 | $0.04 | $0.11 | $0.10 |
| Diluted (in dollars per share) | $0.13 | $0.04 | $0.11 | $0.10 |
| Basic (in shares) | 380.3M | 395.1M | 405.7M | 417.2M |
| Diluted (in shares) | 386.3M | 402.5M | 412.7M | 423.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $1.1B | $759.3M | $558.6M | $281.1M |
| Short-term investments | $705.2M | $1.2B | $1.1B | $1.5B |
| Prepaid expenses and other current assets | $1.1B | $966.1M | $892.2M | $786.1M |
| Total current assets | $2.9B | $3.0B | $2.6B | $2.6B |
| Restricted cash and cash equivalents | $705.4M | $186.7M | $211.8M | $109.4M |
| Restricted investments | $1.2B | $1.4B | $837.3M | $1.0B |
| Other investments | $47.1M | $42.5M | $39.9M | $26.4M |
| Property and equipment, net | $418.5M | $444.9M | $465.8M | $313.4M |
| Operating lease right-of-use assets | $165.6M | $148.4M | $98.2M | $135.2M |
| Intangible assets, net | $178.9M | $42.8M | $59.5M | $76.2M |
| Goodwill | $439.8M | $251.4M | $257.8M | $261.6M |
| Deferred tax assets | $2.9B | — | — | — |
| Other assets | $18.4M | $12.4M | $16.7M | $23.9M |
| Total assets | $9.0B | $5.4B | $4.6B | $4.6B |
| Accounts payable | $120.5M | $97.7M | $72.3M | $107.8M |
| Insurance reserves | $2.2B | $1.7B | $1.3B | $1.4B |
| Accrued and other current liabilities | $2.2B | $1.7B | $1.5B | $1.6B |
| Operating lease liabilities, current | $28.1M | $25.2M | $42.6M | $45.8M |
| Convertible senior notes, current | $0 | $390.2M | — | — |
| Total current liabilities | $4.5B | $3.9B | $3.0B | $3.1B |
| Operating lease liabilities | $159.9M | $152.1M | $134.1M | $176.4M |
| Long-term debt, net of current portion | $1.0B | $566.0M | $839.4M | $803.2M |
| Other liabilities | $68.4M | $69.3M | $87.9M | $55.6M |
| Total liabilities | $5.8B | $4.7B | $4.0B | $4.2B |
| Preferred stock, $0.00001 par value; 1,000,000 shares authorized as of December 31, 2025 and December 31, 2024; no shares issued and outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 |
| Common stock, $0.00001 par value; 18,000,000 Class A shares authorized as of December 31, 2025 and 2024; 400,856 and 409,474 Class A shares issued and outstanding as of December 31, 2025 and 2024, respectively; 87,220 and 100,000 Class B shares authorized as of December 31, 2025 and 2024; no Class B shares issued and outstanding as of December 31, 2025 and 8,531 Class B shares issued and outstanding as of December 31, 2024 | 4.0K | 4.0K | 4.0K | 4.0K |
| Additional paid-in capital | $10.7B | $11.0B | $10.8B | $10.3B |
| Accumulated other comprehensive income (loss) | $625.0K | ($10.1M) | ($4.9M) | ($5.8M) |
| Accumulated deficit | ($7.4B) | ($10.3B) | ($10.3B) | ($9.9B) |
| Total stockholders’ equity | $3.3B | $767.0M | $541.5M | $388.7M |
| Total liabilities and stockholders’ equity | $9.0B | $5.4B | $4.6B | $4.6B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.1B | $1.0B | $1.3B | $913.8M |
| Short-term investments | $656.6M | $686.1M | $686.6M | $878.3M |
| Prepaid expenses and other current assets | $1.1B | $1.0B | $1.0B | $965.4M |
| Total current assets | $2.9B | $2.7B | $3.0B | $2.8B |
| Restricted cash and cash equivalents | $759.0M | $792.5M | $368.3M | $461.3M |
| Restricted investments | $1.3B | $1.2B | $1.4B | $1.3B |
| Investments | $44.5M | $47.0M | — | — |
| Property and equipment, net | $430.3M | $438.7M | $387.4M | $401.2M |
| Operating lease right-of-use assets | $163.9M | $159.3M | $155.2M | $142.8M |
| Intangible assets, net | $164.6M | $166.4M | $134.9M | $38.0M |
| Goodwill | $477.1M | $435.0M | $389.5M | $255.5M |
| Deferred tax assets | $2.9B | $2.9B | — | — |
| Other assets | $22.4M | $21.9M | $29.4M | $16.3M |
| Total assets | $9.1B | $8.9B | $5.9B | $5.4B |
| Accounts payable | $115.6M | $114.9M | $107.4M | $104.5M |
| Insurance reserves | $2.3B | $2.2B | $2.1B | $1.9B |
| Accrued and other current liabilities | $2.4B | $2.3B | $1.9B | $1.8B |
| Operating lease liabilities, current | $28.3M | $28.1M | $27.2M | $24.5M |
| Total current liabilities | $4.9B | $4.7B | $4.1B | $3.9B |
| Operating lease liabilities | $156.3M | $152.7M | $151.1M | $142.9M |
| Long-term debt, net of current portion | $990.6M | $986.6M | $1.0B | $526.5M |
| Other liabilities | $56.5M | $58.8M | $73.0M | $50.6M |
| Total liabilities | $6.1B | $5.9B | $5.4B | $4.6B |
| Preferred stock, $0.00001 par value; 1,000,000 shares authorized as of June 30, 2026 and December 31, 2025; no shares issued and outstanding as of June 30, 2026 and December 31, 2025 | 0 | 0 | 0 | 0 |
| Common stock, $0.00001 par value; 18,000,000 Class A shares authorized as of June 30, 2026 and December 31, 2025; 379,170 and 400,856 Class A shares issued and outstanding, as of June 30, 2026 and December 31, 2025, respectively; no Class B shares authorized as of June 30, 2026 and 87,220 Class B shares authorized as of December 31, 2025; no Class B shares issued and outstanding as of June 30, 2026 and December 31, 2025 | 4.0K | 4.0K | 4.0K | 4.0K |
| Additional paid-in capital | $10.4B | $10.4B | $10.7B | $11.0B |
| Accumulated other comprehensive (loss) income | ($15.4M) | ($10.4M) | ($1.4M) | ($7.0M) |
| Accumulated deficit | ($7.3B) | ($7.4B) | ($10.2B) | ($10.2B) |
| Total stockholders’ equity | $3.0B | $3.0B | $573.0M | $732.7M |
| Total liabilities and stockholders’ equity | $9.1B | $8.9B | $5.9B | $5.4B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income (loss) | $2.8B | $22.8M | ($340.3M) | ($1.6B) |
| Depreciation and amortization | $135.2M | $148.9M | $116.5M | $154.8M |
| Stock-based compensation | $322.3M | $330.9M | $484.5M | $750.8M |
| Deferred income tax | ($2.9B) | — | — | — |
| Amortization of premium on marketable securities | $307.0K | $284.0K | $117.0K | $3.0M |
| Accretion of discount on marketable securities | ($69.2M) | ($89.4M) | ($68.1M) | ($23.2M) |
| Amortization of debt discount and issuance costs | $3.7M | $3.7M | $2.9M | $2.8M |
| Loss (gain) on sale and disposal of assets, net | $7.6M | $7.8M | ($11.3M) | ($60.7M) |
| Gain on lease termination | $0 | ($29.6M) | — | — |
| Other | ($9.2M) | $2.5M | ($4.3M) | $23.6M |
| Prepaid expenses and other assets | ($51.0M) | ($76.4M) | ($86.9M) | ($275.9M) |
| Operating lease right-of-use assets | $27.0M | $26.3M | $20.0M | $96.3M |
| Accounts payable | $21.7M | $21.7M | ($41.1M) | ($27.2M) |
| Insurance reserves | $479.0M | $363.5M | ($79.5M) | $348.7M |
| Accrued and other liabilities | $385.6M | $164.1M | ($75.6M) | $262.4M |
| Lease liabilities | ($33.2M) | ($47.4M) | ($15.3M) | ($43.8M) |
| Net cash provided by (used in) operating activities | $1.2B | $849.7M | ($98.2M) | ($237.3M) |
| Purchases of marketable securities | ($3.3B) | ($4.2B) | ($3.3B) | ($4.0B) |
| Purchases of term deposits | $0 | ($4.4M) | ($3.5M) | ($13.6M) |
| Proceeds from sales of marketable securities | $728.4M | $232.9M | $452.5M | $676.9M |
| Proceeds from maturities of marketable securities | $3.3B | $3.4B | $3.5B | $3.3B |
| Proceeds from maturities of term deposits | $2.2M | $5.7M | $8.5M | $395.1M |
| Purchases of property and equipment and scooter fleet | ($52.8M) | ($83.5M) | ($149.8M) | ($115.0M) |
| Sales of property and equipment | $52.9M | $92.0M | $92.6M | $129.8M |
| Cash paid for acquisitions, net of cash acquired | ($307.3M) | $0 | $1.6M | ($146.3M) |
| Other investing activities | ($1.3M) | $1.3M | $5.5M | $0 |
| Net cash provided by (used in) investing activities | $406.7M | ($518.0M) | $599.8M | $186.0M |
| Repayment of loans | ($62.4M) | ($84.1M) | ($72.5M) | ($67.6M) |
| Payment for settlement of convertible senior notes due 2025 | ($390.7M) | ($350.0M) | — | — |
| Proceeds from issuance of convertible senior notes | $500.0M | $460.0M | — | $0 |
| Payment of debt issuance costs | ($12.2M) | ($11.9M) | — | $0 |
| Purchase of capped calls | ($42.0M) | ($47.9M) | — | — |
| Repurchase of Class A common stock | ($500.0M) | ($50.0M) | — | — |
| Proceeds from exercise of stock options and other common stock issuances | $14.9M | $15.1M | $11.0M | $21.7M |
| Taxes paid related to net share settlement of equity awards | ($151.3M) | ($40.3M) | ($3.0M) | ($6.7M) |
| Principal payments on finance lease obligations | ($41.3M) | ($46.7M) | ($43.5M) | ($34.8M) |
| Contingent consideration paid | $0 | $0 | ($14.1M) | — |
| Other financing activities | ($490.0K) | — | $0 | $0 |
| Net cash used in financing activities | ($685.5M) | ($155.9M) | ($122.1M) | ($87.5M) |
| Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents | $1.7M | ($1.6M) | $533.0K | ($631.0K) |
| Net increase in cash, cash equivalents and restricted cash and cash equivalents | $891.3M | $174.3M | $380.0M | ($139.4M) |
| Beginning of period | $946.0M | $771.8M | $391.8M | $531.2M |
| End of period | $1.8B | $946.0M | $771.8M | $391.8M |
| Cash and cash equivalents | $1.1B | $759.3M | $558.6M | $281.1M |
| Restricted cash and cash equivalents | $705.4M | $186.7M | $211.8M | $109.4M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $64.5M | $14.3M | $89.0M | $42.9M |
| Depreciation and amortization | $75.4M | $36.6M | $98.0M | $64.2M |
| Stock-based compensation | $163.4M | $86.9M | $241.8M | $175.3M |
| Deferred income tax | $21.4M | $1.9M | — | — |
| Amortization of premium on marketable securities | $337.0K | $173.0K | $169.0K | $61.0K |
| Accretion of discount on marketable securities | ($26.3M) | ($13.4M) | ($54.3M) | ($37.7M) |
| Amortization of debt discount and issuance costs | $2.4M | $1.2M | $2.5M | $1.7M |
| Loss on sale and disposal of assets, net | $6.1M | $3.2M | $5.0M | $2.4M |
| Other | ($4.4M) | $526.0K | ($4.8M) | ($6.5M) |
| Prepaid expenses and other assets | $30.0M | $73.9M | ($7.2M) | $195.0K |
| Operating lease right-of-use assets | $15.1M | $7.4M | $20.0M | $11.3M |
| Accounts payable | ($8.7M) | ($8.2M) | $9.5M | $7.2M |
| Insurance reserves | $127.2M | $64.6M | $369.2M | $246.5M |
| Accrued and other liabilities | $207.7M | $46.8M | $179.2M | $139.1M |
| Lease liabilities | ($16.6M) | ($8.2M) | ($25.8M) | ($15.6M) |
| Net cash provided by operating activities | $657.6M | $307.7M | $922.2M | $631.0M |
| Purchases of marketable securities | ($1.8B) | ($960.2M) | ($2.5B) | ($1.6B) |
| Proceeds from sales of marketable securities | $288.1M | $129.6M | $567.4M | $209.4M |
| Proceeds from maturities of marketable securities | $1.5B | $884.9M | $2.5B | $1.9B |
| Proceeds from maturities of term deposits | $0 | $0 | $2.2M | $2.2M |
| Purchases of property and equipment and scooter fleet | ($50.7M) | ($20.4M) | ($34.2M) | ($20.8M) |
| Sales of property and equipment | $37.6M | $16.7M | $43.1M | $31.2M |
| Cash paid for acquisitions, net of cash acquired | ($54.3M) | — | ($202.9M) | — |
| Cash received from divestiture of equity method investment | $15.5M | — | — | — |
| Other investing activities | ($8.5M) | $239.0K | ($1.3M) | $0 |
| Net cash (used in) provided by investing activities | ($64.6M) | $50.8M | $316.5M | $496.3M |
| Repayment of loans | ($44.0M) | ($20.0M) | ($47.9M) | ($33.2M) |
| Repurchase of Class A common stock | ($400.0M) | ($300.0M) | ($400.0M) | ($200.0M) |
| Payment for settlement of convertible senior notes due 2025 | $0 | — | ($390.7M) | ($390.7M) |
| Proceeds from common stock issuances | $8.2M | — | — | — |
| Taxes paid related to net share settlement of equity awards | ($66.4M) | ($34.7M) | ($95.7M) | ($61.5M) |
| Principal payments on finance lease obligations | ($23.1M) | ($11.5M) | ($30.8M) | ($20.9M) |
| Other financing activities | ($3.3M) | ($425.0K) | ($396.0K) | ($255.0K) |
| Net cash used in financing activities | ($528.7M) | ($366.6M) | ($511.4M) | ($699.3M) |
| Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents | ($4.8M) | ($1.9M) | $880.0K | $1.1M |
| Net increase in cash, cash equivalents and restricted cash and cash equivalents | $59.6M | ($10.0M) | $728.2M | $429.1M |
| Beginning of period | $1.8B | $1.8B | $946.0M | $946.0M |
| End of period | $1.9B | $1.8B | $1.7B | $1.4B |
| Cash and cash equivalents | $1.1B | $1.0B | $1.3B | $913.8M |
| Restricted cash and cash equivalents | $759.0M | $792.5M | $368.3M | $461.3M |
| Total cash, cash equivalents and restricted cash and cash equivalents | $1.9B | $1.8B | $1.7B | $1.4B |
| Financed vehicles acquired | $38.0M | $36.7M | $27.7M | $22.0M |
| Purchases of property and equipment and scooter fleet not yet settled | $14.6M | $9.7M | $4.9M | $10.2M |
| Right-of-use assets acquired under finance leases | $11.4M | $2.0M | $22.4M | $3.7M |
| Right-of-use assets acquired under operating leases | $9.2M | $2.7M | $5.7M | $2.8M |
Lyft Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.