Lyft (LYFT) Operating Margin (2018 - 2026)
Lyft (LYFT) posted Operating Margin of 2.58% for Q2 2026, up 898.37% on a QoQ basis from 0.32% in Q1 2026, and up 243.0% year-over-year from 0.75% in Q2 2025.
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Lyft (LYFT) Operating Margin (2018 - 2026) Analysis & Trends
Lyft has reported Operating Margin for 9 years, with the latest figure at 2.58% in Q2 2026.
- On a quarterly basis, Operating Margin rose 243.0% year-over-year to 2.58% in Q2 2026; TTM through Jun 2026 was 1.77%, a 87.0% decrease from a year earlier, with the FY2025 full-year figure at 2.98%, down 93.0% from the prior year.
- Operating Margin was 2.58% for Q2 2026 at Lyft, up from 0.32% in the prior quarter.
- The five-year high for Operating Margin was 2.58% in Q2 2026, with the low at 50.73% in Q4 2022.
- Average Operating Margin over 5 years is 11.27%, with a median of 4.32% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Margin sank 2252 bps in 2022, then jumped 4581 bps in 2023.
- Over 5 years, Operating Margin stood at 50.73% in 2022, then jumped by 90 bps to 4.91% in 2023, then jumped by 137 bps to 1.8% in 2024, then tumbled by 744 bps to 11.62% in 2025, then jumped by 122 bps to 2.58% in 2026.
- The last three Operating Margin figures came in at 2.58% (Q2 2026), 0.32% (Q1 2026), and 11.62% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 13.32% |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 3.50% |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | 1.91% |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 2.58% |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | -0.68% |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | -31.34% |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 1.08% |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | -161.57% |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | -46.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.58% |
| 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% |