Lyft (LYFT) Cost of Revenue (2018 - 2026)

Lyft's Cost of Revenue history runs 9 years deep, the most recent figure standing at $272.9 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 49.95% year-over-year to $272.9 million; the TTM figure through Mar 2026 stood at $285.2 million (down 92.9% YoY), while the FY2025 annual figure was $875.1 million, down 73.78% from the prior year.
• Cost of Revenue was $272.9 million for Q1 2026 at Lyft, up from -$1.9 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.8 billion in Q4 2024 to a low of -$1.9 billion in Q4 2025.
• Historically, Cost of Revenue has averaged $283.7 million across 5 years, with a median of $272.9 million in 2026.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue plunged 1011.87% in 2022, then soared 650.7% in 2024.
• A 5-year view of Cost of Revenue shows it stood at -$1.1 billion in 2022, then retreated by 16.75% to -$1.3 billion in 2023, then surged by 312.28% to $2.8 billion in 2024, then sank by 166.1% to -$1.9 billion in 2025, then surged by 114.75% to $272.9 million in 2026.
• The last three Cost of Revenue figures came in at $272.9 million (Q1 2026), -$1.9 billion (Q4 2025), and $927.2 million (Q3 2025), per Business Quant data.