Lyft (LYFT) Operating Margin (2018 - 2026)
Lyft's (LYFT) quarterly Operating Margin came in at 0.32% in Q1 2026, up 167.0% year-on-year from 0.12% in Q1 2025, and up 97.22% quarter-over-quarter from 11.62% in Q4 2025.
Lyft (LYFT) Operating Margin (2018 - 2026) Analysis & Trends
Lyft's Operating Margin history runs 9 years deep, the most recent figure standing at 0.32% for Q1 2026.
- On a quarterly basis, Operating Margin rose 167.0% year-over-year to 0.32% in Q1 2026; TTM through Mar 2026 was 2.53%, a 111.0% decrease from a year earlier, with the FY2025 full-year figure at 2.98%, down 93.0% from the prior year.
- Operating Margin advanced to 0.32% in Q1 2026 per LYFT's latest filing, from 11.62% in the prior quarter.
- Across five years, Operating Margin topped out at 1.8% in Q4 2024 and bottomed at 50.73% in Q4 2022.
- The 5-year median for Operating Margin is 4.91% (2023), against an average of 12.08%.
- Across the five-year window, Operating Margin slumped 2252 bps in 2022 and surged 4581 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 50.73% in 2022, then soared by 90 bps to 4.91% in 2023, then soared by 137 bps to 1.8% in 2024, then slumped by 744 bps to 11.62% in 2025, then surged by 97 bps to 0.32% in 2026.
- Per Business Quant, the three latest LYFT Operating Margin figures stand at 0.32% (Q1 2026), 11.62% (Q4 2025), and 1.37% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.05% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 14.56% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 21.08% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -22.99% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -23.45% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.26% |
| 10 | Lyft | 5.54 Bn | 3.82 Bn | 786.35 Mn | -0.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.32% |
| Dec 31, 2025 | -11.62% |
| Sep 30, 2025 | 1.37% |
| Jun 30, 2025 | 0.15% |
| Mar 31, 2025 | -1.99% |
| Dec 31, 2024 | 1.80% |
| Sep 30, 2024 | -3.72% |
| Jun 30, 2024 | -1.90% |
| Mar 31, 2024 | -4.93% |
| Dec 31, 2023 | -4.91% |
| Sep 30, 2023 | -3.47% |
| Jun 30, 2023 | -15.53% |
| Mar 31, 2023 | -21.66% |
| Dec 31, 2022 | -50.73% |
| Sep 30, 2022 | -27.55% |
| Jun 30, 2022 | -37.67% |
| Mar 31, 2022 | -22.77% |
| Dec 31, 2021 | -28.21% |
| Sep 30, 2021 | -23.72% |
| Jun 30, 2021 | -31.39% |