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| Date | Value |
|---|---|
| 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 |