Lyft (LYFT) Research & Development (2018 - 2026)

Lyft's (LYFT) quarterly Research & Development came in at $272.9 million in Q1 2026, up 49.95% year-on-year from $182.0 million in Q1 2025, and up 265.58% quarter-over-quarter from -$164.8 million in Q4 2025.

Lyft (LYFT) Research & Development (2018 - 2026) Analysis & Trends

Lyft's Research & Development history runs 9 years deep, the most recent figure standing at $272.9 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 49.95% year-over-year to $272.9 million in Q1 2026; TTM through Mar 2026 was $460.7 million, a 31.02% decrease from a year earlier, with the FY2025 full-year figure at $451.4 million, up 13.69% from the prior year.
  • Research & Development grew to $272.9 million in Q1 2026 per LYFT's latest filing, from -$164.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $456.0 million in Q4 2022 and bottomed at -$164.8 million in Q4 2025.
  • The 5-year median for Research & Development is $176.4 million (2024), against an average of $160.1 million.
  • Across the five-year window, Research & Development soared 362.98% in 2024 and slumped 275.74% in 2025, its largest moves.
  • Year by year, Research & Development stood at $456.0 million in 2022, then plunged by 95.56% to $20.3 million in 2023, then surged by 362.98% to $93.8 million in 2024, then slumped by 275.74% to -$164.8 million in 2025, then soared by 265.58% to $272.9 million in 2026.
  • Per Business Quant, the three latest LYFT Research & Development figures stand at $272.9 million (Q1 2026), -$164.8 million (Q4 2025), and $243.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Lyft 5.54 Bn 3.82 Bn 786.35 Mn 272.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 272.94 Mn
Dec 31, 2025 -164.84 Mn
Sep 30, 2025 243.32 Mn
Jun 30, 2025 109.33 Mn
Mar 31, 2025 182.02 Mn
Dec 31, 2024 93.80 Mn
Sep 30, 2024 215.78 Mn
Jun 30, 2024 176.37 Mn
Mar 31, 2024 100.02 Mn
Dec 31, 2023 20.26 Mn
Sep 30, 2023 109.23 Mn
Jun 30, 2023 154.61 Mn
Mar 31, 2023 196.90 Mn
Dec 31, 2022 455.97 Mn
Sep 30, 2022 227.68 Mn
Jun 30, 2022 201.77 Mn
Mar 31, 2022 126.33 Mn
Dec 31, 2021 123.90 Mn
Sep 30, 2021 108.96 Mn
Jun 30, 2021 252.04 Mn