Ride-sharing platform connecting drivers with passengers through mobile app, competing in urban transportation market.
Profile & Fundamentals
Lyft: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Lyft Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Lyft, Inc. operates multimodal transportation networks that offer access to various transportation options through platform and mobile based applications in the United States and internationally. The company facilitates peer-to-peer ridesharing by connecting drivers who have vehicles with riders who need a ride. It also operates Lyft Platform that provides a marketplace where drivers can be matched with riders via the Lyft mobile application. The company's platform provides a ridesharing marketplace that connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. In addition, it offers licensing and data access agreements; sells bikes and bike station software and hardware; and provides advertising services. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Company profile record
LYFT Inc
Common Stock · Industrials · Passenger Ground Transportation
Company
- Company / asset
- LYFT Inc
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Passenger Ground Transportation
- HQ
- 🇺🇸 United States
- Head office
- 185 Berry Street, San Francisco, CA, United States, 94107
Leadership & scale
- Chief executive
- Mr. John David Risher
- CEO year born
- 1965
- Full-time employees
- 3.9K
- Fiscal year end
- December
- IPO date
- 2019-03-29
Fundamentals snapshot
- Market Cap
- USD 6.1B
- P/E
- 2.1x
- Revenue (Q2 26)
- USD 1.8B
- Profit (Q2 26)
- USD 50.3M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 6.3B
- Shares in public float
- 340.3M
- Insider ownership
- 1.25%
Reporting & identifiers
- Symbol
- LYFT.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US55087P1049
- Asset ID
- equity_118d9bb6-18a6-57b5-bf42-8cf50aa0f133
Ownership
Shares Outstanding
Latest: 386.3M | Max: 417.7M | Min: 19.0M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
88.08%
340.3M latest reported shares
Insider Ownership
1.25%
Latest reported insider stake
Short Float
0.20%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 19,000,000 |
| 2018-01-01 | 237,946,000 |
| 2019-01-01 | 304,502,000 |
| 2020-01-01 | 314,530,000 |
| 2021-01-01 | 337,753,000 |
| 2022-01-01 | 370,155,000 |
| 2023-01-01 | 389,307,000 |
| 2024-01-01 | 413,651,000 |
| 2025-01-01 | 417,659,000 |
| 2026-01-01 | 386,334,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 49,000,870 | 12.94% | 2026-03-31 |
| Columbia Seligman Tech & Info A | 37,017,277 | 9.78% | 2026-07-31 |
| Ameriprise Financial Inc | 36,481,128 | 9.64% | 2026-03-31 |
| iShares Core S&P Small-Cap ETF | 23,129,345 | 6.11% | 2026-08-31 |
| Millennium Management LLC | 21,537,770 | 5.69% | 2026-06-30 |
| Vanguard Portfolio Management, LLC | 21,178,049 | 5.59% | 2026-03-31 |
| FMR Inc | 18,539,761 | 4.9% | 2026-03-31 |
| Vanguard Capital Management, LLC | 17,252,787 | 4.56% | 2026-03-31 |
| State Street Corp | 13,192,493 | 3.49% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 11,467,581 | 3.03% | 2026-08-31 |
| Contour Asset Management LLC | 11,173,228 | 2.95% | 2026-06-30 |
| AQR Capital Management LLC | 9,607,456 | 2.54% | 2026-03-31 |
| Dimensional Fund Advisors, Inc. | 9,236,397 | 2.44% | 2026-06-30 |
| Renaissance Technologies Corp | 9,164,632 | 2.42% | 2026-03-31 |
| Avantis US Small Cap Value ETF | 8,983,078 | 2.37% | 2026-08-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Headline financial results show a dramatic contrast between reported accounting profits and underlying cash performance. For fiscal 2025, reported net income reached an astounding $2.84 billion, but this was driven almost entirely by a non-cash accounting credit related to deferred tax assets rather than day-to-day operations. The core operating reality was a modest operating loss of $188 million. However, operational performance is genuinely stabilizing. In the second quarter of 2026, revenue grew 16% year-over-year to $1.84 billion, generating $50.3 million in real GAAP net income. Trailing twelve-month free cash flow reached $1.15 billion, confirming that the business can generate significant cash from its two-sided passenger platform.
Headline financial results show a dramatic contrast between reported accounting profits and underlying cash performance. For fiscal 2025, reported net income reached an astounding $2.84 billion, but this was driven almost entirely by a non-cash accounting credit related to deferred tax assets rather than day-to-day operations. The core operating reality was a modest operating loss of $188 million. However, operational performance is genuinely stabilizing. In the second quarter of 2026, revenue grew 16% year-over-year to $1.84 billion, generating $50.3 million in real GAAP net income. Trailing twelve-month free cash flow reached $1.15 billion, confirming that the business can generate significant cash from its two-sided passenger platform.
Revenue, Net Income, and Free Cash Flow
Latest: USD 6.3B | Max: USD 6.3B | Min: USD -2.6B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 3x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability margins are inflecting positively as operating leverage takes hold across the network. Gross margins have stabilized near 41.5%, supported by disciplined duopoly pricing and California insurance reform. Although commercial auto insurance remains a heavy variable cost consuming roughly thirty percent of revenue, adjusted EBITDA margins reached a record 3.2% of gross bookings in mid-2026. The critical margin debate centers on whether recent marketing spend represents temporary customer acquisition or permanent defensive discounting against competitors. If fixed technology costs continue amortizing across rising booking volumes, underlying operating margins will gradually expand toward sustainable mid-single-digit levels.
Profitability margins are inflecting positively as operating leverage takes hold across the network. Gross margins have stabilized near 41.5%, supported by disciplined duopoly pricing and California insurance reform. Although commercial auto insurance remains a heavy variable cost consuming roughly thirty percent of revenue, adjusted EBITDA margins reached a record 3.2% of gross bookings in mid-2026. The critical margin debate centers on whether recent marketing spend represents temporary customer acquisition or permanent defensive discounting against competitors. If fixed technology costs continue amortizing across rising booking volumes, underlying operating margins will gradually expand toward sustainable mid-single-digit levels.
Profitability Margins
Latest: 41.5% | Max: 46.9% | Min: <-100.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
41.5%
Gross profit / revenue
Operating Margin
-3.0%
Operating income / revenue
Net Margin
45.0%
Net income / revenue
FCF Margin
17.7%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 343,298,000 | -682,794,000 | -495,982,000 |
| 2017-12-31 | 1,059,881,000 | -688,301,000 | -405,549,000 |
| 2018-12-31 | 2,156,616,000 | -911,335,000 | -351,541,000 |
| 2019-12-31 | 3,615,960,000 | -2,602,241,000 | -283,790,000 |
| 2020-12-31 | 2,364,681,000 | -1,752,857,000 | -1,472,538,000 |
| 2021-12-31 | 3,208,323,000 | -1,062,144,000 | -180,897,000 |
| 2022-12-31 | 4,095,135,000 | -1,584,511,000 | -352,255,000 |
| 2023-12-31 | 4,403,589,000 | -340,320,000 | -248,063,000 |
| 2024-12-31 | 5,786,016,000 | 22,784,000 | 766,267,000 |
| 2025-12-31 | 6,316,261,000 | 2,844,008,000 | 1,115,616,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 2.84 | Trailing four quarters |
| 2024-12-31 | 234.2 | Trailing four quarters |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 18.73 | -201.75 | -198.89 | -144.48 |
| 2017-12-31 | 37.77 | -66.83 | -64.94 | -38.26 |
| 2018-12-31 | 42.34 | -45.34 | -42.26 | -16.3 |
| 2019-12-31 | 39.81 | -74.74 | -71.97 | -7.85 |
| 2020-12-31 | 38.79 | -76.47 | -74.13 | -62.27 |
| 2021-12-31 | 46.94 | -35.38 | -33.11 | -5.64 |
| 2022-12-31 | 40.52 | -35.63 | -38.69 | -8.6 |
| 2023-12-31 | 42.23 | -10.8 | -7.73 | -5.63 |
| 2024-12-31 | 42.31 | -2.06 | 0.39 | 13.24 |
| 2025-12-31 | 41.46 | -2.98 | 45.03 | 17.66 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-10-01.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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