Lyft (LYFT) Gross Margin (2018 - 2026)
Lyft (LYFT) posted quarterly Gross Margin of 47.64% for Q1 2026, up 714.0% year-over-year from 5.85% in Q1 2025, and up 22.22% quarter-over-quarter from 38.98% in Q4 2025.
Lyft (LYFT) Gross Margin (2018 - 2026) Analysis & Trends
Lyft's Gross Margin history runs 9 years deep, the most recent figure standing at 47.64% for Q1 2026.
- In Q1 2026, Gross Margin rose 714.0% year-over-year to 47.64%; the TTM figure through Mar 2026 stood at 43.24% (up 105.0% YoY), while the FY2025 annual figure was 41.46%, down 86.0% from the prior year.
- Gross Margin for Q1 2026 stood at 47.64%, up from 38.98% in the prior quarter.
- The five-year high for Gross Margin was 49.71% in Q1 2022, with the low at 34.09% in Q4 2022.
- The 5-year median for Gross Margin is 41.67% (2024), against an average of 42.09%.
- Peak annual rise in Gross Margin reached 1738 bps in 2022, while the deepest fall reached 2030 bps in 2022.
- Lyft's Gross Margin stood at 34.09% in 2022, then increased by 15 bps to 39.26% in 2023, then gained by 11 bps to 43.59% in 2024, then fell by 11 bps to 38.98% in 2025, then climbed by 22 bps to 47.64% in 2026.
- Business Quant data shows LYFT's Gross Margin at 47.64% in Q1 2026, 38.98% in Q4 2025, and 44.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Lyft | 6.62 Bn | 4.82 Bn | 917.12 Mn | 49.75% |
Historic Data
Download 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% |