Lyft Operating Expenses Growth & History (LYFT)
Lyft's operating expenses was $2.39B for fiscal 2025.
View full Lyft company overviewLyft annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.39B | $239.5M | +11.15% |
| 2024 | 2024-12-31 | $2.15B | $98.9M | +4.83% |
| 2023 | 2023-12-31 | $2.05B | −$787.3M | −27.77% |
| 2022 | 2022-12-31 | $2.84B | $444.3M | +18.58% |
| 2021 | 2021-12-31 | $2.39B | −$178.6M | −6.95% |
| 2020 | 2020-12-31 | $2.57B | −$1.42B | −35.62% |
| 2019 | 2019-12-31 | $3.99B | $2.15B | +116.89% |
| 2018 | 2018-12-31 | $1.84B | $72.2M | +4.08% |
| 2017 | 2017-12-31 | $1.77B | — | — |
Lyft quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.80B | $1.26B | +233.23% |
| Q1 2026 | 2026-03-31 | $1.66B | $1.12B | +206.54% |
| Q4 2025 | 2025-12-31 | $710.9M | $167.3M | +30.78% |
| Q3 2025 | 2025-09-30 | $596.2M | $39.9M | +7.17% |
| Q2 2025 | 2025-06-30 | $539.0M | $9.4M | +1.78% |
| Q1 2025 | 2025-03-31 | $540.2M | $22.8M | +4.41% |
| Q4 2024 | 2024-12-31 | $543.6M | $74.7M | +15.93% |
| Q3 2024 | 2024-09-30 | $556.3M | $90.6M | +19.47% |
| Q2 2024 | 2024-06-30 | $529.5M | $36.7M | +7.44% |
| Q1 2024 | 2024-03-31 | $517.3M | −$103.1M | −16.62% |
| Q4 2023 | 2023-12-31 | $468.9M | −$466.0M | −49.85% |
| Q3 2023 | 2023-09-30 | $465.6M | −$220.1M | −32.10% |
| Q2 2023 | 2023-06-30 | $492.9M | −$144.5M | −22.67% |
| Q1 2023 | 2023-03-31 | $620.5M | $43.3M | +7.50% |
| Q4 2022 | 2022-12-31 | $934.9M | −$308.6M | −24.82% |
| Q3 2022 | 2022-09-30 | $685.7M | $88.8M | +14.88% |
| Q2 2022 | 2022-06-30 | $637.4M | $47.2M | +8.01% |
| Q1 2022 | 2022-03-31 | $577.1M | $4.0M | +0.69% |
| Q4 2021 | 2021-12-31 | $1.24B | $654.8M | +111.23% |
| Q3 2021 | 2021-09-30 | $596.9M | −$45.4M | −7.07% |
| Q2 2021 | 2021-06-30 | $590.1M | $41.6M | +7.59% |
| Q1 2021 | 2021-03-31 | $573.2M | −$216.8M | −27.45% |
| Q4 2020 | 2020-12-31 | $588.7M | −$263.3M | −30.90% |
| Q3 2020 | 2020-09-30 | $642.3M | −$177.0M | −21.60% |
| Q2 2020 | 2020-06-30 | $548.5M | −$321.8M | −36.97% |
| Q1 2020 | 2020-03-31 | $790.0M | −$659.9M | −45.51% |
| Q4 2019 | 2019-12-31 | $852.0M | $330.0M | +63.22% |
| Q3 2019 | 2019-09-30 | $819.3M | −$34.4M | −4.02% |
| Q2 2019 | 2019-06-30 | $870.3M | $171.7M | +24.58% |
| Q1 2019 | 2019-03-31 | $1.45B | $807.4M | +125.65% |
| Q4 2018 | 2018-12-31 | $522.0M | — | — |
| Q3 2018 | 2018-09-30 | $853.6M | — | — |
| Q2 2018 | 2018-06-30 | $698.5M | — | — |
| Q1 2018 | 2018-03-31 | $642.6M | — | — |
Lyft operating expenses trends
Over the last five fiscal years, Lyft's operating expenses decreased from $2.57B to $2.39B, a change of −$183.3M. The latest reported quarter, Q2 2026, shows $1.80B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lyft source filings ↗