Lyft, Inc. LYFT
NASDAQ LYFT
$16.99 +0.17 (+1.01%)
At close: Oct 19, 2026 · 4:00 PM EDT

Lyft (LYFT) Operating Margin (2018 - 2026)

Updated

Lyft (LYFT) posted Operating Margin of 2.58% for Q2 2026, up 2.43 percentage points from 0.15% a year earlier and up 2.90 percentage points from the prior quarter.

Analysis

Lyft (LYFT) Operating Margin (2018 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Operating Margin at Lyft was -1.77%, down 0.87 percentage points year-over-year; for FY2025, it came in at -2.98%, down 0.93 percentage points from FY2024.

  • Annual Operating Margin shows a five-year change of +73.49 percentage points (FY2020 to FY2025).
  • In prior years, Lyft's Operating Margin was -2.06% in FY2024 (+8.75 pp), -10.80% in FY2023 (+24.83 pp), -35.63% in FY2022 (-0.24 pp) and -35.38% in FY2021 (+41.09 pp).
  • The Q2 2026 figure stands as the highest quarterly Operating Margin in data going back to Q1 2018.
  • On a year-over-year basis, Operating Margin increased in six of the last eight quarters, with an average year-over-year change of +0.90 percentage points.
  • The strongest year-over-year quarter for Operating Margin in the past five years was Q3 2021, with a gain of 67.00 percentage points; the weakest was Q4 2022, with a drop of 22.52 percentage points.
  • According to Business Quant data, Operating Margin for the three prior quarters was -0.32% (Q1 2026), -11.62% (Q4 2025) and 1.37% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Alphabet 4,185.47 Bn 3,943.00 Bn 73.85 Bn 34.03%
2 Meta Platforms 1,794.56 Bn 1,497.08 Bn 49.47 Bn 30.88%
3 Netflix 292.71 Bn 252.90 Bn 6.52 Bn 33.38%
4 Alibaba Group Holding 251.74 Bn 65.51 Bn 15.11 Bn 5.64%
5 Shopify 221.57 Bn 198.76 Bn 1.71 Bn 13.62%
6 Uber Technologies 142.45 Bn 114.25 Bn 6.38 Bn 13.32%
7 Booking Holdings 124.83 Bn 57.88 Bn - 34.00%
8 PDD Holdings 113.76 Bn -130.01 Bn 9.45 Bn 24.71%
9 Spotify Technology 106.73 Bn 64.23 Bn 1.86 Bn 13.71%
10 Lyft 6.46 Bn -888.00 Mn 917.12 Mn 2.58%
Historic Data

Historic Data

Download Data
DateValue
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%
API Access

Lyft Operating 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=operating-margin&ticker=LYFT&period=max&api_key=YOUR_API_KEY