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Lyft's revenue is $5.8 billion.

What is Lyft's revenue?

Lyft's annual revenue is $5.8B. Zippia's data science team found the following key financial metrics about Lyft after extensive research and analysis.
  • Lyft's peak quarterly revenue was $1.6B in 2024(q4).
  • Lyft peak revenue was $5.8B in 2024.
  • Lyft annual revenue for 2023 was 4.4B, 7.53% growth from 2022.
  • Lyft annual revenue for 2024 was 5.8B, 31.39% growth from 2023.
  • Lyft's revenue growth from 2018 to 2024 is 168.29%.
  • Lyft has 4,369 employees, and the revenue per employee ratio is $1,324,334.

On this page

Most recent quarter revenue
$1.6B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$5.8B (2024)
Company peak revenue
Revenue / employee
$1.3M
Company revenue / employee

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Most recent quarter revenue
$1.6B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$5.8B (2024)
Company peak revenue
Revenue / employee
$1.3M
Company revenue / employee

Lyft historical revenue

Lyft's peak revenue was $5.8B in 2024. The peak quarterly revenue was $1.6B in 2024(q4).

Lyft's revenue increased from $2.2b in 2018 to $5.8B currently. That's a 168.29% change in annual revenue.

Lyft annual revenue

$6B
$5B
$3B
$2B
$1B
$0
2019
2020
2021
2022
2023
2024

Lyft annual revenue over time

Fiscal year / yearLyft revenue
2018$2.2B
2019$3.6B
2020$2.4B
2021$3.2B
2022$4.1B
2023$4.4B
2024$5.8B

How accurately did Lyft's revenue projections match actual performance?

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Lyft annual growth

Lyft saw the greatest revenue growth in 2019, when revenue increased by 67.67%.

Lyft had the lowest revenue growth in 2020, when revenue changed by -34.6%.

Lyft annual growth rate over time

YearLyft growth
2019
68%
2020
-35%
2021
36%
2022
28%
2023
8%
2024
31%

Lyft quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$2B
$1B
$930M
$620M
$310M
$0
2020
2021
2022
2023
2024

Lyft quarterly growth rate over time

YearQ1Q2Q3Q4
2018---$669.6M
2019$776.0M$867.3M$955.6M$1.0B
2020$955.7M$339.3M$499.7M$569.9M
2021$609.0M$765.0M$864.4M$969.9M
2022$875.6M$990.7M$1.1B$1.2B
2023$1.0B$1.0B$1.2B$1.2B
2024$1.3B$1.4B$1.5B$1.6B

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Lyft financial information

IndustrySoftware & Services
Company TypePublic
Employees Number4,369
Date Founded2012
HeadquartersSan Francisco, California
Number of Locations25
Revenue$5.8B
Net Income-$1,584,511,000
Gross Proft$2.4B (2024)
Tax Rate0.1%
Total Assets$4,556,431,000
TickerLYFT

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Lyft financing

Lyft received early financing of $300.0K on 2008-07-28.

SeriesRound sizeDate
Seed$300K07/2008
Seed$1.2M08/2010
Series A$6M09/2011
Series B$15M01/2013
Series C$60M05/2013
Series D$250M04/2014
Series E$530M03/2015
Series E$150M05/2015
Series F$1B12/2015
Series G$600M04/2017
Series H$1B10/2017
Series H$500M12/2017
Series H$1.1M12/2017
Corporate Round$200M03/2018
Series I$600M06/2018

Lyft investors

InvestorsSecurity type
fbFundSeed
FloodgateSeed
Teddy DowneySeed
K9 VenturesSeed
Keith RaboisSeed
Mayfield FundSeries A
FloodgateSeries A
Af SquareSeries A
K9 VenturesSeries A
Collaborative FundSeries B
Mayfield FundSeries B
FloodgateSeries B
Benjamin LingSeries B
Founders FundSeries B
K9 VenturesSeries B
Ooga LabsSeries B
Mayfield FundSeries C
Founders FundSeries C
NFXSeries C
Andreessen HorowitzSeries C
Third Point VenturesSeries D
SuRo Capital Corp.Series D
Queensbridge Venture Partners LLCSeries D
Darian ShiraziSeries D
Andreessen HorowitzSeries D
Coatue ManagementSeries D
Mayfield FundSeries D
Arjun SethiSeries D
Flat World PartnersSeries D
Alibaba GroupSeries D
Sean BillSeries D
Founders FundSeries D
MELO7 TECH PARTNERS LLCSeries D
Uprising VenturesSeries D
Elan Alternative GroupSeries E
DidiSeries E
RakutenSeries E
SierraMaya360Series E
SuRo Capital Corp.Series E
Fortress Investment Group LLCSeries E
KG Investments LLCSeries E
Aslanoba CapitalSeries E
Kortschak InvestmentsSeries E
Altpoint VenturesSeries E
Fontinalis PartnersSeries E
G SquaredSeries E
Green Bay VenturesSeries E
DidiSeries E
TencentSeries E
Alibaba GroupSeries E
Icahn Enterprises L.P.Series E
M13Series E
MACHINE SHOP VENTURESSeries E
Cherry Tree InvestmentsSeries E
Counterpart AdvisorsSeries F
ECA VenturesSeries F
RakutenSeries F
Autotech VenturesSeries F
Janus Capital Group Inc.Series F
Oceanic PartnersSeries F
Kingdom Holding CompanySeries F
DidiSeries F
Graphene VenturesSeries F
Alibaba GroupSeries F
Rancilio CubeSeries F
M13Series F
EquityZenSeries F
General Motors CompanySeries F
RakutenSeries G
InMotion VenturesSeries G
ALLIANCEBERNSTEIN L.P.Series G
UTA VenturesSeries G
Anna Marie WascherSeries G
GLADE BROOK CAPITAL PARTNERS LLCSeries G
Graphene VenturesSeries G
Chromo InvestSeries G
Flat World PartnersSeries G
Ross MasonSeries G
BAILLIE GIFFORD & COSeries G
M13Series G
KKR & Co. Inc.Series G
Mark GillespieSeries G
Ontario Teachers Pension PlanSeries H
Chromo InvestSeries H
Valia VenturesSeries H
Google CapitalSeries H
FMR Co.Series H
Ontario Teachers Pension PlanSeries H
Oceanic PartnersSeries H
RakutenSeries H
Intellectus Partners LLCSeries H
Lexington VentureSeries H
BAILLIE GIFFORD & COSeries H
ALLIANCEBERNSTEIN L.P.Series H
KKR & Co. Inc.Series H
Google CapitalSeries H
FMR Co.Series H
Saul BishtSeries H
Magna International Inc.Corporate Round
Senator Investment Group LPSeries I
Comcast VenturesSeries I
Light Street CapitalSeries I
FMR Co.Series I

Lyft competitors

Lyft's top competitor, Uber Technologies, earned an annual revenue of $44.0B.

Lyft's smallest competitor is Bessemer Venture Partners with revenue of $1.2M last year.

Lyft revenue FAQs

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Zippia gives an in-depth look into the details of Lyft, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lyft. The employee data is based on information from people who have self-reported their past or current employments at Lyft. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lyft. The data presented on this page does not represent the view of Lyft and its employees or that of Zippia.

Lyft may also be known as or be related to Lyft, Lyft Inc and Lyft, Inc.