Lyft Inc

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

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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Contents

Consolidated Statements of Operations

(in thousands, except for per share data)

	Year Ended December 31,
	2024	2023	2022
Revenue	$5,786,016	$4,403,589	$4,095,135
Costs and expenses
Cost of revenue	3,337,714	2,543,954	2,435,736
Operations and support	443,821	427,239	443,846
Research and development	397,073	555,916	856,777
Sales and marketing	788,972	481,004	531,512
General and administrative	937,348	871,080	1,286,180
Total costs and expenses	5,904,928	4,879,193	5,554,051
Loss from operations	(118,912)	(475,604)	(1,458,916)
Interest expense	(28,921)	(26,223)	(19,735)
Other income (expense), net	173,183	170,123	(99,988)
Income (loss) before income taxes	25,350	(331,704)	(1,578,639)
Provision for (benefit from) income taxes	2,566	8,616	5,872
Net income (loss)	$22,784	$(340,320)	$(1,584,511)
Net income (loss) per share attributable to common stockholders
Basic	$0.06	$(0.88)	$(4.47)
Diluted	$0.06	$(0.88)	$(4.47)
Weighted-average number of shares outstanding used to compute net income (loss) per share attributable to common stockholders
Basic	409,181	385,335	354,731
Diluted	413,651	385,335	354,731
Stock-based compensation included in costs and expenses:
Cost of revenue	$24,895	$30,170	$44,132
Operations and support	8,397	15,468	25,442
Research and development	117,833	214,160	391,983
Sales and marketing	17,286	29,682	49,867
General and administrative	162,510	195,053	239,343

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.