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

Lyft's (LYFT) quarterly Cost of Revenue came in at $864.1 million in Q1 2026, little changed year-on-year from $862.9 million in Q1 2025, and down 11.08% quarter-over-quarter from $971.8 million in Q4 2025.

Lyft (LYFT) Cost of Revenue (2018 - 2026) Analysis & Trends

Lyft's Cost of Revenue history runs 9 years deep, the most recent figure standing at $864.1 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue changed 0.15% year-over-year to $864.1 million in Q1 2026; TTM through Mar 2026 was $3.7 billion, a 7.36% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 10.78% from the prior year.
  • Cost of Revenue declined to $864.1 million in Q1 2026 per LYFT's latest filing, from $971.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $971.8 million in Q4 2025 and bottomed at $440.3 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $774.4 million (2022), against an average of $757.6 million.
  • Across the five-year window, Cost of Revenue jumped 87.48% in 2022 and slipped 6.73% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $774.4 million in 2022, then decreased by 3.94% to $743.9 million in 2023, then gained by 17.57% to $874.6 million in 2024, then rose by 11.12% to $971.8 million in 2025, then declined by 11.08% to $864.1 million in 2026.
  • Per Business Quant, the three latest LYFT Cost of Revenue figures stand at $864.1 million (Q1 2026), $971.8 million (Q4 2025), and $927.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Lyft 5.96 Bn 4.24 Bn 786.35 Mn 864.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 864.14 Mn
Mar 31, 2026 864.14 Mn
Dec 31, 2025 971.82 Mn
Dec 31, 2025 971.82 Mn
Sep 30, 2025 927.22 Mn
Sep 30, 2025 927.22 Mn
Jun 30, 2025 935.73 Mn
Jun 30, 2025 935.73 Mn
Mar 31, 2025 862.87 Mn
Mar 31, 2025 862.87 Mn
Dec 31, 2024 874.58 Mn
Dec 31, 2024 874.58 Mn
Sep 30, 2024 888.26 Mn
Sep 30, 2024 888.26 Mn
Jun 30, 2024 819.52 Mn
Jun 30, 2024 819.52 Mn
Mar 31, 2024 755.36 Mn
Mar 31, 2024 755.36 Mn
Dec 31, 2023 743.86 Mn
Dec 31, 2023 743.86 Mn