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.

TypePublic
Founded2012
HQSan Francisco, CA, US
Websitelyft.com
Employee Ratings3.9
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)4,675(-1%)
Job Openings170
Revenue (FY, 2020)$2.4 B(-34%)
Share Price (Jul 2021)$54.9

Key People/Management at Lyft

Logan Green

Logan Green

Chief Executive Officer, Co-Founder and Director
John Zimmer

John Zimmer

President, Co-Founder and Vice Chair
Anthony Foxx

Anthony Foxx

Chief Policy Officer & Senior Advisor to President & CEO
Brian Roberts

Brian Roberts

Chief Financial Officer
Kristin Sverchek

Kristin Sverchek

General Counsel and Secretary
Eisar Lipkovitz

Eisar Lipkovitz

Executive Vice President, Rideshare and Engineering
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Lyft Office Locations

Lyft has offices in San Francisco, Atlanta, Austin, Chicago and in 26 other locations
San Francisco, CA, US (HQ)
185 Berry St #5000
Atlanta, GA, US
814 Bellemeade Ave NW
Austin, TX, US
6375 E Hwy 290
Chicago, IL, US
Chicago, IL, USA
Detroit, MI, US
2727 2nd Ave #106
Houston, TX, US
2855 Mangum Rd B106
Show all (31)

Lyft Financials and Metrics

Lyft Revenue

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Lyft's revenue was reported to be $2.36 b in FY, 2020
USD

Revenue (Q1, 2021)

609.0m

Gross profit (Q1, 2021)

196.9m

Gross profit margin (Q1, 2021), %

32.3%

Net income (Q1, 2021)

(427.3m)

EBIT (Q1, 2021)

(416.4m)

Market capitalization (23-Jul-2021)

18.3b

Closing stock price (23-Jul-2021)

54.9

Cash (31-Mar-2021)

312.2m

EV

18.7b
Lyft's current market capitalization is $18.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

343.3m1.1b2.2b3.6b2.4b

Gross bookings

1.9b4.6b8.1b

Revenue growth, %

71%209%103%68%

Cost of goods sold

279.0m659.5m1.2b2.2b1.4b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.1b517.7m358.3m319.7m

Prepaid Expenses

173.0m282.6m397.2m343.1m

Current Assets

2.6b2.3b3.2b2.6b

PP&E

14.2m109.3m188.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Cash

329.5m417.4m543.9m597.9m841.1m312.2m

Prepaid Expenses

345.5m367.5m426.4m474.9m320.3m343.7m

Current Assets

1.4b3.7b3.5b3.1b3.1b2.6b

PP&E

120.5m138.1m160.0m360.5m353.6m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(682.8m)(688.3m)(911.3m)(2.6b)(1.8b)

Depreciation and Amortization

527.0k2.6m18.8m108.4m157.4m

Accounts Payable

24.9m21.4m(40.8m)5.1m44.5m

Cash From Operating Activities

(487.2m)(393.5m)(280.7m)(105.7m)(1.4b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Net Income

(1.1b)(1.8b)(2.2b)(398.1m)(835.2m)(427.3m)

Depreciation and Amortization

23.1m54.2m84.4m35.5m79.9m34.4m

Accounts Payable

1.2m(22.4m)(733.0k)500.0m4.2m(11.1m)

Cash From Operating Activities

(84.8m)(69.5m)(59.5m)(206.9m)(958.6m)(79.5m)
USDFY, 2016

Revenue/Employee

233.7k
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Lyft Operating Metrics

Y, 2015Feb, 2016Q1, 2016Q2, 2016Q3, 2016Q4, 2016Y, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Y, 2017Q1, 2018Q2, 2018Aug, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020

Revenue per Active Client

$15.88$14.11$18.03$18.53$21.42$25.29$26.59$27.34$28.27$32.67$33.65$36.04$37.86$39.77$42.82$44.4$45.06$39.06

Rides

29 m36.5 m44.3 m52.6 m70.4 m85.8 m103.1 m116.3 m132.5 m146.3 m162.2 m178.4 m

Riders

3.5 m4.5 m5.7 m6.6 m8.1 m9.4 m11.4 m12.6 m14 m15.5 m17.4 m18.6 m30.7 m20.5 m21.8 m22.3 m22.9 m

Drivers

315 k315 k700 k1.4 m1.4 m1.1 m1.9 m
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Lyft Acquisitions / Subsidiaries

Company NameDateDeal Size
Halo CarsFebruary 24, 2020
FlexdriveFebruary 11, 2020$20 m
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
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Human Capital Metrics

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Lyft Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Lyft Online and Social Media Presence

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Lyft Company Culture

  • Overall Culture

    B

    69/100

  • CEO Rating

    A-

    74/100

  • Compensation

    D+

    56/100

  • Diversity

    B

    69/100

Learn more on Comparably

Lyft News and Updates

pinned

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.

: Uber and Lyft drivers strike for a day, say earnings are declining despite driver shortage

Ride-hailing drivers across the country executed a strike Wednesday, calling on the U.S. Senate to pass the PRO Act, a bill that would allow them to organize.

Uber, Lyft Drivers Nationwide Stage Strike for Right to Unionize

Uber, Lyft Drivers Nationwide Stage Strike for Right to Unionize

Uber and Lyft drivers are on a day-long strike for the right to organize

On Wednesday, July 21, drivers in 11 cities (including LA, San Francisco, Austin, and Las Vegas) are turning off their apps to support the PRO Act and protest what they say are shrinking pay rates. Uber and Lyft drivers in 11 cities across the country are striking on Wednesday, July 21, in protest o…

Ford and Argo AI to launch self-driving cars with Lyft by the end of the year

Self-driving rides with safety drivers will roll out this year in Miami by request and next year in Austin.
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Lyft Blogs

Hello, Vancouver

We’ve arrived! Count on Lyft to take you wherever you want to go around town. Whether you’re attending an event with friends at the PNE, racing to a Canucks game, or catching a flight at the airport, use the Lyft app for a reliable, affordable ride. And to celebrate, score 25% off each of your first…

Introducing LyftUp: Transportation access for all

We’re proud to announce that Lyft is partnering with LeBron James and his athlete empowerment company UNINTERRUPTED to expand bikeshare access and equity across the country. Together, we’re empowering thousands of young people by providing free, one-year bikeshare memberships for Lyft-operated s…

Lyft Launches a Safety Advisory Council

Today, we are excited to announce our newest safety initiative: the formation of a dedicated Safety Advisory Council, made up of expert partner organizations. Partnering with our Community Safety Program steering committee -- under the leadership of General Counsel Kristin Sverchek and Chief Pol…

New Safety Tool: Connect With Trained ADT Professionals Through Your App

Lyft is committed to providing the tools and support our community needs to feel safe every time they ride. We’re proud to work alongside ADT, America’s most trusted name in security, to enhance the standard of safety for the entire rideshare industry. Today, we’re rolling out the first in a series …

Lyft Riders Can Earn On Every Ride With Their Chase Card

We’ve teamed up with Chase to reward and deliver value to cardmembers who ride with Lyft. Beginning Jan 12, millions of cardmembers across Chase-branded credit cards can earn additional points or cash back, as well as an enhanced Lyft experience with Lyft Pink when they use eligible Chase cards …

Lyft Partners with Anti-Trafficking Organizations to Educate Drivers on Human Trafficking Prevention

Ahead of February’s big game and in alignment with Human Trafficking Awareness Month, Lyft is partnering with Businesses Ending Slavery and Trafficking (BEST) and the Dressember Foundation to provide education for drivers in South Florida around human trafficking prevention.
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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 Anthony Foxx.

  • How many employees does Lyft have?

    Lyft has 4,675 employees.

  • What is Lyft revenue?

    Latest Lyft annual revenue is $2.4 b.

  • What is Lyft revenue per employee?

    Latest Lyft revenue per employee is $505.8 k.

  • Who are Lyft competitors?

    Competitors of Lyft include Careem, DiDi Global and Gett.

  • Where is Lyft headquarters?

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

  • Where are Lyft offices?

    Lyft has offices in San Francisco, Atlanta, Austin, Chicago and in 26 other locations.

  • How many offices does Lyft have?

    Lyft has 31 offices.