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

Lyft's Research & Development history runs 9 years deep, the most recent figure standing at $124.2 million for Q1 2026.

• In Q1 2026, Research & Development rose 10.36% year-over-year to $124.2 million; the TTM figure through Mar 2026 stood at $463.1 million (up 13.07% YoY), while the FY2025 annual figure was $451.4 million, up 13.69% from the prior year.
• Research & Development was $124.2 million for Q1 2026 at Lyft, up from $120.0 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $234.6 million in Q4 2022 to a low of $93.8 million in Q4 2024.
• Historically, Research & Development has averaged $140.3 million across 5 years, with a median of $112.5 million in 2025.
• The sharpest annual moves came in 2023 and 2025: Research & Development sank 59.43% in 2023, then advanced 27.92% in 2025.
• A 5-year view of Research & Development shows it stood at $234.6 million in 2022, then tumbled by 59.43% to $95.2 million in 2023, then decreased by 1.44% to $93.8 million in 2024, then climbed by 27.92% to $120.0 million in 2025, then gained by 3.47% to $124.2 million in 2026.
• The last three Research & Development figures came in at $124.2 million (Q1 2026), $120.0 million (Q4 2025), and $109.6 million (Q3 2025), per Business Quant data.