The story
Founded by John Zimmer and Logan Green in 2013.1
LYFT on Nasdaq
Logo: Lyft, Inc., Public domain, via Wikimedia Commons4
American ride-sharing company
Lyft, Inc. is an American company offering ride-hailing services, e-scooters, and bicycle-sharing systems in the United States and Canada, and, via its Freenow mobile app, Europe.3 From Wikipedia, CC BY-SA 4.0
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Last updated Oct 18, 2026.
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Lyft, Inc. is an American company offering ride-hailing services, e-scooters, and bicycle-sharing systems in the United States and Canada, and, via its Freenow mobile app, Europe. Lyft is the second-largest ridesharing company in the United States after Uber. It has 25 million active riders and coordinates 9 million rides per day.3
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue by product, business segment and region, as the company reports it to the SEC.
United States brought in 96% of the revenue Lyft broke down this way in fiscal 2025.
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $4.2B | $5.6B | $6.1B |
| Outside the United States | $158.5M | $140.1M | $256.0M |
Out of $5.9B in revenue.7
Out of $1.2B of cash from operations.7
Every line of the income statement as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $6.3B | $5.8B | $4.4B |
| Cost of revenue | $3.7B | $3.3B | $2.5B |
| Operations and support | $478.3M | $443.8M | $427.2M |
| Research and development | $451.4M | $397.1M | $555.9M |
| Sales and marketing | $875.1M | $789.0M | $481.0M |
| General and administrative | $1.0B | $937.3M | $871.1M |
| Total costs and expenses | $6.5B | $5.9B | $4.9B |
| Loss from operations | -$188.4M | -$118.9M | -$475.6M |
| Interest expense | -$20.8M | -$28.9M | -$26.2M |
| Other income, net | $155.9M | $173.2M | $170.1M |
| (Loss) income before income taxes | -$53.2M | $25.4M | -$331.7M |
| (Benefit from) provision for income taxes | -$2.9B | $2.6M | $8.6M |
| Net income (loss) | $2.8B | $22.8M | -$340.3M |
| Basic (in dollars per share) | $6.92 | $0.06 | -$0.88 |
| Diluted (in dollars per share) | $6.81 | $0.06 | -$0.88 |
| Basic (in shares) | 410.8M shares | 409.2M shares | 385.3M shares |
| Diluted (in shares) | 417.7M shares | 413.7M shares | 385.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.1B | $759.3M | $558.6M | |
| Short-term investments | $705.2M | $1.2B | ||
| Prepaid expenses and other current assets | $1.1B | $966.1M | ||
| Total current assets | $2.9B | $3.0B | ||
| Restricted cash and cash equivalents | $705.4M | $186.7M | $211.8M | |
| Restricted investments | $1.2B | $1.4B | ||
| Other investments | $47.1M | $42.5M | ||
| Property and equipment, net | $418.5M | $444.9M | ||
| Operating lease right-of-use assets | $165.6M | $148.4M | ||
| Intangible assets, net | $178.9M | $42.8M | ||
| Goodwill | $439.8M | $251.4M | $257.8M | |
| Deferred tax assets | $2.9B | $435.0K | ||
| Other assets | $18.4M | $12.0M | ||
| Total assets | $9.0B | $5.4B | ||
| Accounts payable | $120.5M | $97.7M | ||
| Insurance reserves | $2.2B | $1.7B | $1.3B | $1.4B |
| Accrued and other current liabilities | $2.2B | $1.7B | ||
| Operating lease liabilities, current | $28.1M | $25.2M | ||
| Convertible senior notes, current | $0 | $390.2M | ||
| Total current liabilities | $4.5B | $3.9B | ||
| Operating lease liabilities | $159.9M | $152.1M | ||
| Long-term debt, net of current portion | $1.0B | $566.0M | ||
| Other liabilities | $68.4M | $69.3M | ||
| Total liabilities | $5.8B | $4.7B | ||
| Preferred stock, $0.00001 par value; 1,000,000 shares authorized as of December 31, 2025 and December 31, 2024; no shares issued and outstanding as of December 31, 2025 and 2024 | $0 | $0 | ||
| Common stock, $0.00001 par value; 18,000,000 Class A shares authorized as of December 31, 2025 and 2024; 400,856 and 409,474 Class A shares issued and outstanding as of December 31, 2025 and 2024, respectively; 87,220 and 100,000 Class B shares authorized as of December 31, 2025 and 2024; no Class B shares issued and outstanding as of December 31, 2025 and 8,531 Class B shares issued and outstanding as of December 31, 2024 | $4.0K | $4.0K | ||
| Additional paid-in capital | $10.7B | $11.0B | ||
| Accumulated other comprehensive income (loss) | $625.0K | -$10.1M | ||
| Accumulated deficit | -$7.4B | -$10.3B | ||
| Total stockholders equity | $3.3B | $767.0M | $541.5M | $388.7M |
| Total liabilities and stockholders equity | $9.0B | $5.4B | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 1.0B shares | 1.0B shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.1B | $759.3M | $558.6M | |
| Short-term investments | $705.2M | $1.2B | ||
| Prepaid expenses and other current assets | $1.1B | $966.1M | ||
| Total current assets | $2.9B | $3.0B | ||
| Restricted cash and cash equivalents | $705.4M | $186.7M | $211.8M | |
| Restricted investments | $1.2B | $1.4B | ||
| Other investments | $47.1M | $42.5M | ||
| Property and equipment, net | $418.5M | $444.9M | ||
| Operating lease right-of-use assets | $165.6M | $148.4M | ||
| Intangible assets, net | $178.9M | $42.8M | ||
| Goodwill | $439.8M | $251.4M | $257.8M | |
| Deferred tax assets | $2.9B | $435.0K | ||
| Other assets | $18.4M | $12.0M | ||
| Total assets | $9.0B | $5.4B | ||
| Accounts payable | $120.5M | $97.7M | ||
| Insurance reserves | $2.2B | $1.7B | $1.3B | $1.4B |
| Accrued and other current liabilities | $2.2B | $1.7B | ||
| Operating lease liabilities, current | $28.1M | $25.2M | ||
| Convertible senior notes, current | $0 | $390.2M | ||
| Total current liabilities | $4.5B | $3.9B | ||
| Operating lease liabilities | $159.9M | $152.1M | ||
| Long-term debt, net of current portion | $1.0B | $566.0M | ||
| Other liabilities | $68.4M | $69.3M | ||
| Total liabilities | $5.8B | $4.7B | ||
| Preferred stock, $0.00001 par value; 1,000,000 shares authorized as of December 31, 2025 and December 31, 2024; no shares issued and outstanding as of December 31, 2025 and 2024 | $0 | $0 | ||
| Common stock, $0.00001 par value; 18,000,000 Class A shares authorized as of December 31, 2025 and 2024; 400,856 and 409,474 Class A shares issued and outstanding as of December 31, 2025 and 2024, respectively; 87,220 and 100,000 Class B shares authorized as of December 31, 2025 and 2024; no Class B shares issued and outstanding as of December 31, 2025 and 8,531 Class B shares issued and outstanding as of December 31, 2024 | $4.0K | $4.0K | ||
| Additional paid-in capital | $10.7B | $11.0B | ||
| Accumulated other comprehensive income (loss) | $625.0K | -$10.1M | ||
| Accumulated deficit | -$7.4B | -$10.3B | ||
| Total stockholders equity | $3.3B | $767.0M | $541.5M | $388.7M |
| Total liabilities and stockholders equity | $9.0B | $5.4B | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 1.0B shares | 1.0B shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $2.8B | $22.8M | -$340.3M |
| Depreciation and amortization | $135.2M | $148.9M | $116.5M |
| Stock-based compensation | $322.3M | $330.9M | $484.5M |
| Deferred income tax | -$2.9B | -$1.9M | -$2.4M |
| Amortization of premium on marketable securities | $307.0K | $284.0K | $117.0K |
| Accretion of discount on marketable securities | -$69.2M | -$89.4M | -$68.1M |
| Amortization of debt discount and issuance costs | $3.7M | $3.7M | $2.9M |
| Loss (gain) on sale and disposal of assets, net | $7.6M | $7.8M | -$11.3M |
| Gain on lease termination | $0 | -$29.6M | $0 |
| Other | -$9.2M | $2.5M | -$4.3M |
| Prepaid expenses and other assets | -$51.0M | -$76.4M | -$86.6M |
| Operating lease right-of-use assets | $27.0M | $26.3M | $20.0M |
| Accounts payable | $21.7M | $21.7M | -$41.1M |
| Insurance reserves | $479.0M | $363.5M | -$79.5M |
| Accrued and other liabilities | $385.6M | $166.0M | -$73.5M |
| Lease liabilities | -$33.2M | -$47.4M | -$15.3M |
| Net cash provided by (used in) operating activities | $1.2B | $849.7M | -$98.2M |
| Purchases of marketable securities | -$3.3B | -$4.2B | -$3.3B |
| Purchases of term deposits | $0 | -$4.4M | -$3.5M |
| Proceeds from sales of marketable securities | $728.4M | $232.9M | $452.5M |
| Proceeds from maturities of marketable securities | $3.3B | $3.4B | $3.5B |
| Proceeds from maturities of term deposits | $2.2M | $5.7M | $8.5M |
| Purchases of property and equipment and scooter fleet | -$52.8M | -$83.5M | -$149.8M |
| Sales of property and equipment | $52.9M | $92.0M | $92.6M |
| Cash paid for acquisitions, net of cash acquired | -$307.3M | $0 | $1.6M |
| Other investing activities | -$1.3M | $1.3M | $5.5M |
| Net cash provided by (used in) investing activities | $406.7M | -$518.0M | $599.8M |
| Repayment of loans | -$62.4M | -$84.1M | -$72.5M |
| Payment for settlement of convertible senior notes due 2025 | -$390.7M | -$350.0M | $0 |
| Proceeds from issuance of convertible senior notes | $500.0M | $460.0M | |
| Payment of debt issuance costs | -$12.2M | -$11.9M | $0 |
| Purchase of capped calls | -$42.0M | -$47.9M | $0 |
| Repurchase of Class A common stock | -$500.0M | -$50.0M | $0 |
| Proceeds from exercise of stock options and other common stock issuances | $14.9M | $15.1M | $11.0M |
| Taxes paid related to net share settlement of equity awards | -$151.3M | -$40.3M | -$3.0M |
| Principal payments on finance lease obligations | -$41.2M | -$46.7M | -$43.5M |
| Contingent consideration paid | $0 | $0 | -$14.1M |
| Other financing activities | -$490.0K | $0 | $0 |
| Net cash used in financing activities | -$685.5M | -$155.9M | -$122.1M |
| Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents | $1.7M | -$1.6M | $533.0K |
| Net increase in cash, cash equivalents and restricted cash and cash equivalents | $891.3M | $174.3M | $380.0M |
| Cash paid for income taxes | $7.3M | $11.2M | $9.4M |
| Cash paid for interest | $19.8M | $28.3M | $20.2M |
| Financed vehicles acquired | $78.1M | $83.6M | $127.1M |
| Purchases of property and equipment and scooter fleet not yet settled | $3.6M | $10.6M | $4.5M |
| Right-of-use assets acquired under finance leases | $30.3M | $45.2M | $79.1M |
| Right-of-use assets acquired under operating leases | $20.8M | $7.7M | $3.8M |
| Remeasurement of finance and operating lease right-of-use assets | -$6.1M | $54.7M | -$10.6M |
| Repurchase of Class A common stock, including excise tax, accrued and not yet paid | $2.8M | $0 | $0 |
No quarter-by-quarter statement was filed.
Founded by John Zimmer and Logan Green in 2013.1
Who has led Lyft, and when. Pick a name to see everywhere that person has worked.
From Wikidata.1
In early 2025, Detroit rapper Dajua Blanding, known as Dank Demoss, who claims to be "just under 500 pounds", filed a lawsuit against Lyft after a driver allegedly refused her ride, claiming she was "too big" to fit in the car. The incident, captured on video, led to public outrage and legal action, with Blanding asserting that weight-based discrimination is illegal under Michigan law. The lawsuit was settled out of court.
In October 2026, Lyft reached a settlement with the state of California to pay $237 million to drivers for alleged violations between April 2016 and December 2020, the largest wage theft settlement in the state's history. The lawsuit, filed in 2020 by California against Lyft and Uber and merged with other lawsuits from affected drivers, claimed that the companies mislabeled drivers as independent contractors instead of employees.
From Wikipedia’s article on Lyft, shared under CC BY-SA 4.0.6
581 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 59 major events, 331 insider forms, 41 large holders, 129 other. The latest 20:
The 581 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 41 such filings since October 2021, the latest 10:
From Forms 4 and Schedules 13D and 13G filed with the SEC.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Ameriprise Financial Inc | 61,317,026 | $895.9M | 0.2% | +24,835,898 |
| BlackRock, Inc. | 47,322,814 | $691.4M | 0.0% | −1,678,056 |
| Millennium Management LLC | 21,537,770 | $314.7M | 0.2% | −227,344 |
| Vanguard Portfolio Management LLC | 18,670,976 | $272.8M | 0.0% | −2,507,073 |
| Vanguard Capital Management LLC | 16,511,832 | $241.2M | 0.0% | −740,955 |
| State Street Corp | 13,474,201 | $196.9M | 0.0% | +281,708 |
| Goldman Sachs Group Inc | 11,913,816 | $174.1M | 0.0% | +6,745,910 |
| Contour Asset Management LLC | 11,173,228 | $163.2M | 3.9% | −778,650 |
| Fmr LLC | 10,832,298 | $158.3M | 0.0% | −7,707,463 |
| Dimensional Fund Advisors LP | 9,236,397 | $135.0M | 0.0% | +2,515,919 |
| Renaissance Technologies LLC | 8,189,132 | $119.6M | 0.2% | −975,500 |
| Morgan Stanley | 7,450,229 | $108.8M | 0.0% | +237,829 |
| American Century Companies Inc | 6,976,339 | $101.9M | 0.0% | +2,830,668 |
| Geode Capital Management, LLC | 6,925,144 | $101.2M | 0.0% | −305,882 |
| Jupiter Asset Management Ltd | 6,637,472 | $97.0M | 0.5% | −3,654,534 |
| Altshuler Shaham Ltd | 6,385,582 | $93.3M | 1.2% | −1,276,445 |
| Norges Bank | 5,350,229 | $78.2M | 0.0% | New |
| Los Angeles Capital Management LLC | 4,299,531 | $62.8M | 0.2% | +917,995 |
| Primecap Management Co/ca/ | 4,096,320 | $59.8M | 0.0% | −127,310 |
| Swedbank AB | 4,029,600 | $58.9M | 0.1% | No change |
| Charles Schwab Investment Management Inc | 3,995,792 | $58.4M | 0.0% | −169,159 |
| UBS Group AG | 3,986,546 | $58.2M | 0.0% | −405,837 |
| Principal Financial Group Inc | 3,919,772 | $57.3M | 0.0% | −326,747 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 3,871,587 | $56.6M | 0.0% | −305,380 |
| Aqr Capital Management LLC | 3,198,241 | $46.7M | 0.0% | −6,409,215 |
13F reports cover disclosed long positions in U.S. stocks only.
7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Feb 16, 2021 | Peter Meijer, House | Sale | $876 | +167.4% | Report |
| Oct 26, 2020 | Josh GottheimerDemocratic, House | Sale | $1,001 - $15,000 | +158.3% | Report |
| Oct 16, 2020 | Josh GottheimerDemocratic, House | Buy | $1,001 - $15,000 | −155.0% | Report |
| Sep 15, 2020 | Josh GottheimerDemocratic, House | Partial sale | $1,001 - $15,000 | +170.1% | Report |
| Jun 5, 2020 | Josh GottheimerDemocratic, House | Buy | $1,001 - $15,000 | −197.2% | Report |
| Aug 5, 2019 | Thomas R. SuozziDemocratic, House | Sale | $1,001 - $15,000 | +243.1% | Report |
| Jul 8, 2019 | Thomas R. SuozziDemocratic, House | Buy | $1,001 - $15,000 | −231.3% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
The numbers on this page point here. Each one links to the record it came from.