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| Date | Value |
|---|---|
| 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 |