Lyft (LYFT) Cost of Revenue (2018 - 2026)
Lyft (LYFT) posted Cost of Revenue of $926.4 million for Q2 2026, up 7.21% on a QoQ basis from $864.1 million in Q1 2026, and down 1.0% year-over-year from $935.7 million in Q2 2025.
Analysis
Lyft (LYFT) Cost of Revenue (2018 - 2026) Analysis & Trends
Lyft has reported Cost of Revenue for 9 years, with the latest figure at $926.4 million in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 1.0% year-over-year to $926.4 million in Q2 2026; TTM through Jun 2026 was $3.7 billion, a 3.6% 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 was $926.4 million for Q2 2026 at Lyft, up from $864.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $971.8 million in Q4 2025, with the low at $440.3 million in Q1 2022.
- Average Cost of Revenue over 5 years is $767.0 million, with a median of $797.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 87.48% in 2022, then decreased 6.73% in 2023.
- Over 5 years, Cost of Revenue stood at $774.4 million in 2022, then slipped by 3.94% to $743.9 million in 2023, then advanced by 17.57% to $874.6 million in 2024, then gained by 11.12% to $971.8 million in 2025, then declined by 4.67% to $926.4 million in 2026.
- The last three Cost of Revenue figures came in at $926.4 million (Q2 2026), $864.1 million (Q1 2026), and $971.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 7.82 Bn |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 2.11 Bn |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | 562.00 Mn |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 926.42 Mn |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | 4.69 Mn |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | - |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 14.38 Mn |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 28,008.00 |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 926.42 Mn |
| Mar 31, 2026 | 864.14 Mn |
| Dec 31, 2025 | 971.82 Mn |
| Sep 30, 2025 | 927.22 Mn |
| Jun 30, 2025 | 935.73 Mn |
| Mar 31, 2025 | 862.87 Mn |
| Dec 31, 2024 | 874.58 Mn |
| Sep 30, 2024 | 888.26 Mn |
| Jun 30, 2024 | 819.52 Mn |
| Mar 31, 2024 | 755.36 Mn |
| Dec 31, 2023 | 743.86 Mn |
| Sep 30, 2023 | 644.50 Mn |
| Jun 30, 2023 | 606.60 Mn |
| Mar 31, 2023 | 548.99 Mn |
| Dec 31, 2022 | 774.38 Mn |
| Sep 30, 2022 | 570.70 Mn |
| Jun 30, 2022 | 650.36 Mn |
| Mar 31, 2022 | 440.29 Mn |
| Dec 31, 2021 | 551.18 Mn |
| Sep 30, 2021 | 392.21 Mn |