Lyft (LYFT) Gross Margin (2018 - 2026)
Lyft (LYFT) posted Gross Margin of 49.75% for Q2 2026, up 4.42% on a QoQ basis from 47.64% in Q1 2026, and up 867.0% year-over-year from 5.14% in Q2 2025.
Analysis
Lyft (LYFT) Gross Margin (2018 - 2026) Analysis & Trends
Lyft has reported Gross Margin for 9 years, with the latest figure at 49.75% in Q2 2026.
- On a quarterly basis, Gross Margin rose 867.0% year-over-year to 49.75% in Q2 2026; TTM through Jun 2026 was 45.52%, a 379.0% increase from a year earlier, with the FY2025 full-year figure at 41.46%, down 86.0% from the prior year.
- Gross Margin was 49.75% for Q2 2026 at Lyft, up from 47.64% in the prior quarter.
- The five-year high for Gross Margin was 49.75% in Q2 2026, with the low at 34.09% in Q4 2022.
- Average Gross Margin over 5 years is 42.51%, with a median of 42.29% recorded in 2024.
- The largest YoY upside for Gross Margin was 1738 bps in 2022 against a maximum downside of 2030 bps in 2022.
- Over 5 years, Gross Margin stood at 34.09% in 2022, then gained by 15 bps to 39.26% in 2023, then climbed by 11 bps to 43.59% in 2024, then decreased by 11 bps to 38.98% in 2025, then advanced by 28 bps to 49.75% in 2026.
- The last three Gross Margin figures came in at 49.75% (Q2 2026), 47.64% (Q1 2026), and 38.98% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 44.93% |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 52.69% |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | 43.63% |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 49.75% |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | 76.55% |
| 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 | 34.66% |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 10.94% |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 10.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.75% |
| Mar 31, 2026 | 47.64% |
| Dec 31, 2025 | 38.98% |
| Sep 30, 2025 | 44.98% |
| Jun 30, 2025 | 41.08% |
| Mar 31, 2025 | 40.50% |
| Dec 31, 2024 | 43.59% |
| Sep 30, 2024 | 41.67% |
| Jun 30, 2024 | 42.92% |
| Mar 31, 2024 | 40.86% |
| Dec 31, 2023 | 39.26% |
| Sep 30, 2023 | 44.32% |
| Jun 30, 2023 | 40.58% |
| Mar 31, 2023 | 45.13% |
| Dec 31, 2022 | 34.09% |
| Sep 30, 2022 | 45.84% |
| Jun 30, 2022 | 34.36% |
| Mar 31, 2022 | 49.71% |
| Dec 31, 2021 | 43.17% |
| Sep 30, 2021 | 54.63% |