What is Lyft, Inc.'s operating margin?

Lyft, Inc. (LYFT) reported operating margin of -2.5% in Q1 2026.

What is the long-term trend for Lyft, Inc.'s operating margin?

Over 4 years (2020 to 2025), Lyft, Inc.'s operating margin has grown at a -55.6% compound annual growth rate (CAGR), from -76.5% to -3%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

Lyft, Inc. LYFT Operating margin

Operating margin at other companies

AmazonAMZN

11.5%+0.5pp

Tesla, Inc.TSLA

5%-1.6pp

Uber TechnologiesUBER

11.7%+3.2pp

Aurora Innovation, Inc.AUR

-23,350%—

DoorDashDASH

4.9%—

Alphabet Inc.GOOGL

——

Other financials

Income statement

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Revenue$1.7B+13.8%

Gross profit$786.3M+33.9%

Operating income-$5.3M+81.5%

Net income$14.3M+455%

EPS (diluted)$0.04+300%

Balance sheet

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Cash & equivalents$461.3M+42.3%

Total debt$1.3B+4.9%

Total equity$3.0B+261%

Total assets$8.9B+56.8%

Cash flow

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Operating cash flow$307.7M+7.1%

CapEx$9.7M-6.8%

Free cash flow$298.0M+7.6%

Valuation

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Market cap$5.42B+6.7%

Profitability

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Gross margin43.2%+1.1pp

Net margin43.8%+42.9pp

FCF margin18.2%+2.0pp

Returns & leverage

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Return on equity147.8%+139pp

Debt / equity0.4×-1.0×

Current ratio0.6×-0.2×

Where this comes from

Calculated from Lyft, Inc.’s reported figures.

operating income/total revenue=-2.5%

Based on trailing twelve months.

The official record: Lyft, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lyft, Inc.'s operating margin?: Lyft, Inc. (LYFT) reported operating margin of -2.5% in Q1 2026.
What is the long-term trend for Lyft, Inc.'s operating margin?: Over 4 years (2020 to 2025), Lyft, Inc.'s operating margin has grown at a -55.6% compound annual growth rate (CAGR), from -76.5% to -3%.
What does operating margin mean?: Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.