Lyft, Inc.
For the period ended Mar 31, 2026. Filed May 8, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
LYFT$16.76-1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except for per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | $1,650,489 | $1,450,172 |
| Costs and expenses | ||
| Cost of revenue | 864,144 | 862,874 |
| Operations and support | 124,355 | 106,335 |
| Research and development | 124,152 | 112,495 |
| Sales and marketing | 272,936 | 182,017 |
| General and administrative | 270,236 | 215,300 |
| Total costs and expenses | 1,655,823 | 1,479,021 |
| Loss from operations | (5,334) | (28,849) |
| Interest expense | (5,225) | (6,150) |
| Other income, net | 30,328 | 40,917 |
| Income before income taxes | 19,769 | 5,918 |
| Provision for income taxes | 5,519 | 3,351 |
| Net income | $14,250 | $2,567 |
| Net income per share attributable to common stockholders | ||
| Basic | $0.04 | $0.01 |
| Diluted | $0.04 | $0.01 |
| Weighted-average number of shares outstanding used to compute net income per share attributable to common stockholders | ||
| Basic | 395,071 | 419,047 |
| Diluted | 402,487 | 424,024 |
| Stock-based compensation included in costs and expenses: | ||
| Cost of revenue | $7,288 | $7,455 |
| Operations and support | 3,348 | 2,652 |
| Research and development | 40,203 | 38,263 |
| Sales and marketing | 4,685 | 5,075 |
| General and administrative | 31,354 | 39,713 |
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