Lyft (LYFT) Net Margin (2018 - 2026)
Lyft (LYFT) recorded Net Margin of 2.73% in Q2 2026, up 0.19 percentage points from 2.54% a year earlier and up 1.86 percentage points from the prior quarter.
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Analysis
Lyft (LYFT) Net Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Lyft's Net Margin came in at 42.32% as of Jun 30, 2026, up 40.81 percentage points year-over-year; for FY2025, it came in at 45.03%, up 44.63 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, with a five-year change of +119.15 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 0.39% in FY2024 (+8.12 pp), -7.73% in FY2023 (+30.96 pp), -38.69% in FY2022 (-5.59 pp) and -33.11% in FY2021 (+41.02 pp).
- Quarterly Net Margin has ranged from -50.05% in Q4 2022 to 172.98% in Q4 2025 over the past five years.
- On a year-over-year basis, Net Margin has increased for 14 consecutive quarters, with an average year-over-year change of +23.08 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 169.00 percentage points in Q4 2025, against a drop of 28.53 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.86% (Q1 2026), 172.98% (Q4 2025) and 2.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 26.52% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.19% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 65.84% |
| 10 | Lyft | 5.63 Bn | -1.71 Bn | 917.12 Mn | 2.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.73% |
| Mar 31, 2026 | 0.86% |
| Dec 31, 2025 | 172.98% |
| Sep 30, 2025 | 2.73% |
| Jun 30, 2025 | 2.54% |
| Mar 31, 2025 | 0.18% |
| Dec 31, 2024 | 3.98% |
| Sep 30, 2024 | -0.82% |
| Jun 30, 2024 | 0.35% |
| Mar 31, 2024 | -2.47% |
| Dec 31, 2023 | -2.15% |
| Sep 30, 2023 | -1.05% |
| Jun 30, 2023 | -11.19% |
| Mar 31, 2023 | -18.75% |
| Dec 31, 2022 | -50.05% |
| Sep 30, 2022 | -40.06% |
| Jun 30, 2022 | -38.08% |
| Mar 31, 2022 | -22.49% |
| Dec 31, 2021 | -29.20% |
| Sep 30, 2021 | -11.54% |
API Access
Lyft Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=LYFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "LYFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=LYFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();