Lyft (LYFT) Research & Development (2018 - 2026)
Lyft (LYFT) posted Research & Development of $320.0 million for Q2 2026, up 17.24% on a QoQ basis from $272.9 million in Q1 2026, and up 67.6% year-over-year from $190.9 million in Q2 2025.
Analysis
Lyft (LYFT) Research & Development (2018 - 2026) Analysis & Trends
Lyft has reported Research & Development for 9 years, with the latest figure at $320.0 million in Q2 2026.
- On a quarterly basis, Research & Development rose 67.6% year-over-year to $320.0 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 30.36% increase from a year earlier, with the FY2025 full-year figure at $875.1 million, up 10.92% from the prior year.
- Research & Development was $320.0 million for Q2 2026 at Lyft, up from $272.9 million in the prior quarter.
- The five-year high for Research & Development was $320.0 million in Q2 2026, with the low at $95.2 million in Q4 2023.
- Average Research & Development over 5 years is $205.0 million, with a median of $199.3 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Research & Development plunged 59.43% in 2023, then jumped 164.1% in 2024.
- Over 5 years, Research & Development stood at $234.6 million in 2022, then slumped by 59.43% to $95.2 million in 2023, then jumped by 164.1% to $251.4 million in 2024, then climbed by 2.98% to $258.8 million in 2025, then advanced by 23.62% to $320.0 million in 2026.
- The last three Research & Development figures came in at $320.0 million (Q2 2026), $272.9 million (Q1 2026), and $258.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 1.52 Bn |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 821.00 Mn |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | -103.00 Mn |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 319.99 Mn |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | -2.15 Mn |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | - |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | - |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | - |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 27,898.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 319.99 Mn |
| Mar 31, 2026 | 272.94 Mn |
| Dec 31, 2025 | 258.85 Mn |
| Sep 30, 2025 | 243.32 Mn |
| Jun 30, 2025 | 190.92 Mn |
| Mar 31, 2025 | 182.02 Mn |
| Dec 31, 2024 | 251.35 Mn |
| Sep 30, 2024 | 215.78 Mn |
| Jun 30, 2024 | 176.37 Mn |
| Mar 31, 2024 | 145.47 Mn |
| Dec 31, 2023 | 95.17 Mn |
| Sep 30, 2023 | 129.95 Mn |
| Jun 30, 2023 | 154.61 Mn |
| Mar 31, 2023 | 196.90 Mn |
| Dec 31, 2022 | 234.58 Mn |
| Sep 30, 2022 | 227.68 Mn |
| Jun 30, 2022 | 201.77 Mn |
| Mar 31, 2022 | 192.75 Mn |
| Dec 31, 2021 | 195.00 Mn |
| Sep 30, 2021 | 226.69 Mn |