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 Ratings4
Overall CultureB

Latest Updates

Employees (est.) (Dec 2021)4,453(+2%)
Job Openings244
Revenue (FY, 2021)$3.2 B(+36%)
Share Price (May 2022)$32.6(-2%)
Cybersecurity ratingBMore
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Key People/Management at Lyft

Logan Green

Logan Green

Chief Executive Officer, Co-Founder, 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

President of Business Affairs
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 25 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 $3.21 b in FY, 2021 which is a 35.7% increase from the previous period.
USD

Revenue (FY, 2021)

3.2b

Revenue growth (FY, 2020 - FY, 2021), %

35.7%

Gross profit (FY, 2021)

1.6b

Gross profit margin (FY, 2021), %

48.6%

Net income (FY, 2021)

(1.0b)

EBIT (FY, 2021)

(1.1b)

Market capitalization (1-May-2022)

11.1b

Closing stock price (1-May-2022)

32.6

Cash (31-Dec-2021)

457.3m

EV

11.5b
Lyft's current market capitalization is $11.1 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

3.6b2.4b3.2b

Revenue growth, %

68%(35%)36%

Cost of goods sold

2.2b1.4b1.6b

Gross profit

1.4b917.2m1.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

776.0m867.3m955.6m955.7m339.3m499.7m609.0m765.0m864.4m

Cost of goods sold

462.9m630.1m580.7m542.4m251.4m261.6m412.0m346.9m364.0m

Gross profit

313.2m237.1m374.9m413.3m88.0m238.1m196.9m418.1m500.4m

Gross profit Margin, %

40%27%39%43%26%48%32%55%58%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

358.3m319.7m457.3m

Prepaid Expenses

397.2m343.1m522.2m

Current Assets

3.2b2.6b2.8b

PP&E

188.6m313.3m298.2m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(2.6b)(1.8b)(1.0b)

Depreciation and Amortization

108.4m157.4m139.3m

Accounts Payable

5.1m44.5m47.1m

Cash From Operating Activities

(105.7m)(1.4b)(101.7m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(1.1b)(1.8b)(2.2b)(398.1m)(835.2m)(1.3b)(427.3m)(679.3m)(750.8m)

Depreciation and Amortization

23.1m54.2m84.4m35.5m79.9m121.7m34.4m69.0m106.1m

Accounts Payable

1.2m(22.4m)(733.0k)500.0m4.2m(15.2m)(11.1m)(4.7m)44.4m

Cash From Operating Activities

(84.8m)(69.5m)(59.5m)(206.9m)(958.6m)(1.1b)(79.5m)(117.0m)(75.5m)
USDQ1, 2019

EV/EBIT

-19.4 x

EV/CFO

-263.9 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.7 x

P/E Ratio

(1.6)
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Lyft Operating Metrics

Q1, 2018Q2, 2018Aug, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020

Revenue per Active Client

$28.27$32.67$33.65$36.04$37.86$39.77$42.82$44.4$45.06$39.06$39.94$45.4

Rides

132.5 m146.3 m162.2 m178.4 m

Riders

14 m15.5 m17.4 m18.6 m30.7 m20.5 m21.8 m22.3 m22.9 m21.21 m8.69 m12.51 m12.55 m

Drivers

1.4 m1.1 m1.9 m
Show all operating metrics

Lyft Acquisitions / Subsidiaries

Company NameDateDeal Size
Halo CarsFebruary 22, 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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Lyft Revenue Breakdown

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Lyft revenue breakdown by business segment: 7.8% from Rental Revenue and 92.2% from Revenue from Contracts with Customers

Human Capital Metrics

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Lyft Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

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

    72/100

  • CEO Rating

    B+

    74/100

  • Compensation

    C

    64/100

  • Diversity

    B

    71/100

Learn more on Comparably

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.

Lyft, Uber will cover legal fees for drivers sued under Oklahoma abortion law

"This law is incompatible with people's basic rights to privacy, our community guidelines, the spirit of rideshare, and our values as a company," Lyft said.

: Lyft vows to pay legal fees for drivers who might be sued under expected Oklahoma abortion law

The announcement follows a previous commitment by the ride-hailing company to do the same in Texas.

Pentagon hires Lyft machine learning expert Craig Martell as its first chief digital and AI officer

The Department of Defense today announced that the Pentagon has hired Lyft Inc. head of machine learning Craig Martell as its first-ever chief digital and artificial intelligence officer. Martell will head up the DOD’s Chief Digital and AI Office, which was created in December in order to centraliz…

Lyft follows Uber’s lead and removes its mask mandate

Despite the ongoing COVID-19 pandemic, face masks are no longer required for Lyft riders and drivers. Yesterday, Florida federal judge Kathryn Kimball Mizelle voided a federal mask mandate on transportation, affecting airplanes, taxis, buses and other forms of mass transit. When it comes to ride sha…

Lyft doubles micromobility footprint with PBSC acquisition

Lyft has signed an agreement to acquire PBSC Urban Solutions, a Canadian supplier for bikeshare equipment in technology, in a move that the company says will double its scale in micromobility. The ride-hailing company is on a mission to increase its micromobility footprint. Last month, Lyft partnere…
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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 4,453 employees.

  • What is Lyft revenue?

    Latest Lyft annual revenue is $3.2 b.

  • What is Lyft revenue per employee?

    Latest Lyft revenue per employee is $720.5 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 25 other locations.

  • How many offices does Lyft have?

    Lyft has 31 offices.