Lyft (LYFT) Research & Development (2018 - 2026)
Lyft (LYFT) posted quarterly Research & Development of $272.9 million for Q1 2026, up 49.95% year-over-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.
- In Q1 2026, Research & Development rose 49.95% year-over-year to $272.9 million; the TTM figure through Mar 2026 stood at $460.7 million (down 31.02% YoY), while the FY2025 annual figure was $451.4 million, up 13.69% from the prior year.
- Research & Development for Q1 2026 stood at $272.9 million, up from -$164.8 million in the prior quarter.
- The five-year high for Research & Development was $456.0 million in Q4 2022, with the low 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.
- The sharpest annual moves came in 2024 and 2025: Research & Development soared 362.98% in 2024, then sank 275.74% in 2025.
- Lyft's Research & Development stood at $456.0 million in 2022, then sank by 95.56% to $20.3 million in 2023, then jumped by 362.98% to $93.8 million in 2024, then tumbled by 275.74% to -$164.8 million in 2025, then surged by 265.58% to $272.9 million in 2026.
- Business Quant data shows LYFT's Research & Development at $272.9 million in Q1 2026, -$164.8 million in Q4 2025, and $243.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Lyft | 6.62 Bn | 4.82 Bn | 917.12 Mn | 319.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 319.99 Mn |
| 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 |