The Business Study
Lyft, Inc. · LYFTHow Lyft makes money
Lyft brought in $6.3 billion in revenue in 2025 and kept $2.8 billion as profit: $45.03 of every $100.
From Lyft's Form 10-K for the year ended December 31, 2025. Page updated November 8, 2026.
Out of every $100 Lyft took in, it kept
6 years of Lyft's revenue and profit.
Fiscal years as Lyft reports them; the latest ended December 31, 2025. Profit is net income.
Quick answers about Lyft.
How does Lyft make money?
Lyft keeps a cut of every ride booked in its app. Drivers aren't employees.
How much money does Lyft make a year?
$6.3 billion in revenue in 2025, and $2.8 billion in net profit. That's up 9% from the year before.
Is Lyft profitable?
Yes. Lyft made $2.8 billion in net profit in 2025, which is $45.03 of every $100 it took in. It lost money in 2020, 2021, 2022, 2023.
How many employees does Lyft have?
About 3,913 full-time employees (drivers are not employees) as of December 31, 2025. That works out to $1.61 million in revenue per employee.
Is Lyft growing?
Yes. Revenue went from $2.4 billion in 2020 to $6.3 billion in 2025, up 167%.
Compare Lyft.
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CompareSource: Lyft, Inc., annual report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 11, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.