OverviewSuggest Edit

Lyft is a rideshare company. It operates a transportation platform that connects passengers with drivers. The Company designs, markets, and operates a mobile application that matches drivers with passengers who request rides, and also allows payment through the app. It also allows riders to schedule rides up to seven days in advance.

TypePrivate
Founded2012
HQSan Francisco, US
Websitelyft.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2018)4,680
Job Openings921
Revenue (FY, 2018)$2.2 B(+104%)

Key People/Management at Lyft

Logan Green

Logan Green

Co-Founder, CEO
John Zimmer

John Zimmer

Co-Founder, President
Brian Roberts

Brian Roberts

CFO
Jon McNeill

Jon McNeill

COO
Anthony Foxx

Anthony Foxx

Chief Policy Officer
Sameer Qureshi

Sameer Qureshi

Director of Product
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Lyft Office Locations

Lyft has offices in San Francisco, Indianapolis, Las Vegas, San Antonio and in 33 other locations
San Francisco, US (HQ)
185 Berry St #5000, San Francisco
Anaheim, US
3030 W Lincoln Ave
Atlanta, US
814 Bellemeade Ave NW
Austin, US
1021 E 7th St #102
Baltimore, US
1501 St Paul St
Charlotte, US
Charlotte, NC, USA
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Lyft Financials and Metrics

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Lyft Revenue

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Lyft's revenue was reported to be $2.16 b in FY, 2018 which is a 103.5% increase from the previous period.
USD

Revenue (FY, 2018)

2.2b

Revenue growth (FY, 2017 - FY, 2018), %

103.5%

Gross profit (FY, 2018)

913.2m

Gross profit margin (FY, 2018), %

42.3%

Net income (FY, 2018)

(911.3m)

EBIT (FY, 2018)

(977.7m)

Market valuation

15.1b

Cash (31-Dec-2018)

517.7m
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

343.3m1.1b2.2b

Gross bookings

1.9b4.6b8.1b

Revenue growth, %

71%209%103%

Cost of goods sold

279.0m659.5m1.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

172.8m238.9m303.5m397.2m504.9m585.0m

Cost of goods sold

118.6m143.9m189.0m260.6m293.2m322.6m

Gross profit

54.2m95.0m114.5m136.6m211.7m262.3m

Gross profit Margin, %

31%40%38%34%42%45%
USDFY, 2017FY, 2018

Cash

1.1b517.7m

Prepaid Expenses

173.0m282.6m

Current Assets

2.6b2.3b

PP&E

14.2m109.3m
USDFY, 2016FY, 2017FY, 2018

Net Income

(682.8m)(688.3m)(911.3m)

Depreciation and Amortization

527.0k2.6m18.8m

Accounts Payable

24.9m21.4m(40.8m)

Cash From Operating Activities

(487.2m)(393.5m)(280.7m)
USDY, 2018

Revenue/Employee

460.8k

Financial Leverage

1.6 x
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Lyft Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Blue Vision LabsOctober 23, 2018
Citi BikeJuly 02, 2018
Motivate InternationalJune 01, 2018$250 m
KamcordNovember 17, 2017
DataScoreAugust 10, 2017
YesGraphAugust 10, 2017
FinitePaths Inc.March 20, 2017
LeoJune 26, 2015
HitchSeptember 22, 2014
Rover.ioApril 01, 2014
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Lyft Online and Social Media Presence

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Lyft News and Updates

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Lyft, Waymo Agree to Work on Self-Driving Car Technology

Lyft, Waymo Agree to Work on Self-Driving Car TechnologyIn the race to the self-driving future, Lyft has agreed to work with Waymo, the self-driving car company owned by Google's parent company, to bring autonomous vehicles to the masses, both companies told NBC News on Sunday night.

The Wall Street Journal: Lyft seeks valuation of up to $23 billion in upcoming IPO

Lyft Inc. plans to peg its valuation at between $21 billion and $23 billion when the ride-hailing service kicks off the roadshow to market its initial public offering Monday, according to people familiar with the matter.

Report: Lyft to commence roadshow ahead of IPO at the end of the month

Lyft Inc. is said to be starting an investor roadshow Monday in an effort to persuade investors to buy into its initial public offering. CNBC reports that Lyft will meet with investors across the United States before pricing the IPO and listing on the Nasdaq at the end of the month. Separately, Blo…

Lyft Set to Detail Plans for $2 Billion IPO as Soon as Monday

Lyft is aiming for a market valuation of $20 billion to $25 billion.

Lyft to launch road show for up to $2 billion IPO: sources

Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking to raise as much as $2 billion and to be valued at more than $20 billion, according to people familiar with the matter.

Investor group calls on Lyft to scrap dual-class share structure plan: FT

A group of investors has called on Lyft Inc's board to scrap a proposed dual-class share structure, as the ride hailing company pitches its initial public offering to investors next week, the Financial Times reported on Saturday.
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Lyft Blogs

NYC TLC Rules’ Impact on Lyft and our Driver Community

We are committed to increasing driver earnings and helping drivers achieve their goals. This is why we support the New York City Council’s minimum earnings goal, but filed a lawsuit to correct the flawed implementation of the law by NYC’s Taxi & Limousine Commission. When we filed the lawsuit, w…

Lyft Welcomes New Head of Inclusion & Diversity

Today we’re excited to announce that Monica Poindexter, a leader with over fifteen years of experience, has joined Lyft as the head of Inclusion & Diversity.

Carbon-neutral rides on St. Patrick’s Day — and every day

St. Patrick’s Day (Sunday, March 17) is almost here, which means it’s time to get dressed in green and raise a glass to all things Irish. Here at Lyft, we’re committed to keeping things green 365 days of the year, which is why all our rides are carbon neutral.

University of Delaware: Lyft has your ride this St. Patrick’s Weekend

We’re sponsoring $5,000 worth of ride credits to make sure University of Delaware students get home responsibly. See details on how to get $5 off your ride home!

Brightline and Lyft — We go better. Together.

Lyft and Brightline are here to help you get around South Florida stress-free. Whether you’re heading North to West Palm Beach or South to Miami, Brightline and Lyft are here to provide a seamless solution to commuting, going out, and getting around South Florida.

Introducing Scootiquette: Getting Around Austin on Two Wheels

Improving people’s lives with the world’s best transportation options calls for more than just cars — that’s why we added scooters to the Lyft lineup in 13 cities, including Austin.  One thing cities definitely haven’t been built around? Scooters. If you haven’t heard, the two-wheeled toys from …
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Lyft Frequently Asked Questions

  • When was Lyft founded?

    Lyft was founded in 2012.

  • Who are Lyft key executives?

    Lyft's key executives are Logan Green, John Zimmer and Brian Roberts.

  • How many employees does Lyft have?

    Lyft has 4,680 employees.

  • What is Lyft revenue?

    Latest Lyft annual revenue is $2.2 b.

  • What is Lyft revenue per employee?

    Latest Lyft revenue per employee is $460.8 k.

  • Who are Lyft competitors?

    Competitors of Lyft include GroundLink, Uber and Grab.

  • Where is Lyft headquarters?

    Lyft headquarters is located at 185 Berry St #5000, San Francisco, San Francisco.

  • Where are Lyft offices?

    Lyft has offices in San Francisco, Indianapolis, Las Vegas, San Antonio and in 33 other locations.

  • How many offices does Lyft have?

    Lyft has 38 offices.