Lyft, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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.
Jun 30, 2025 · Filed Aug 7, 2025
LYFT$17.02+1.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(in thousands, except for per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $1,588,183 | $1,435,846 | $3,038,355 | $2,713,047 |
| Costs and expenses | ||||
| Cost of revenue | 935,734 | 819,518 | 1,798,608 | 1,574,880 |
| Operations and support | 117,433 | 115,734 | 223,768 | 218,776 |
| Research and development | 109,325 | 98,807 | 221,820 | 198,830 |
| Sales and marketing | 190,922 | 176,370 | 372,939 | 321,842 |
| General and administrative | 232,339 | 252,643 | 447,639 | 488,896 |
| Total costs and expenses | 1,585,753 | 1,463,072 | 3,064,774 | 2,803,224 |
| Income (loss) from operations | 2,430 | (27,226) | (26,419) | (90,177) |
| Interest expense | (5,032) | (7,852) | (11,182) | (14,900) |
| Other income, net | 46,989 | 41,943 | 87,906 | 83,000 |
| Income (loss) before income taxes | 44,387 | 6,865 | 50,305 | (22,077) |
| Provision for income taxes | 4,073 | 1,851 | 7,424 | 4,444 |
| Net income (loss) | $40,314 | $5,014 | $42,881 | $(26,521) |
| Net income (loss) per share attributable to common stockholders | ||||
| Basic | $0.10 | $0.01 | $0.10 | $(0.07) |
| Diluted | $0.10 | $0.01 | $0.10 | $(0.07) |
| Weighted-average number of shares outstanding used to compute net income (loss) per share attributable to common stockholders | ||||
| Basic | 417,242 | 406,512 | 418,793 | 404,033 |
| Diluted | 422,953 | 411,969 | 424,137 | 404,033 |
| Stock-based compensation included in costs and expenses: | ||||
| Cost of revenue | $5,484 | $5,759 | $12,939 | $11,775 |
| Operations and support | 2,471 | 1,895 | 5,123 | 3,989 |
| Research and development | 33,894 | 27,340 | 72,157 | 57,172 |
| Sales and marketing | 4,254 | 4,231 | 9,329 | 8,435 |
| General and administrative | 35,999 | 46,513 | 75,712 | 84,465 |
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