What is Lyft, Inc.'s R&D?

Lyft, Inc. (LYFT) reported R&D of $124.15M in Q1 2026.

How has Lyft, Inc.'s R&D changed year-over-year?

Lyft, Inc.'s R&D increased by 10.4% year-over-year, from $112.5M to $124.15M.

What is the long-term trend for Lyft, Inc.'s R&D?

Over 4 years (2021 to 2025), Lyft, Inc.'s R&D has grown at a -16.1% compound annual growth rate (CAGR), from $911.95M to $451.42M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Lyft, Inc. LYFT R&D

R&D at other companies

Tesla, Inc.TSLA

$1.95B+38.1%

Uber TechnologiesUBER

$951M+16.7%

Aurora Innovation, Inc.AUR

$195M+7.1%

DoorDashDASH

$398M+30.1%

PolarisPII

$82.3M-0.7%

Alphabet Inc.GOOGL

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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$5.25B+6.7%

Profitability

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Gross margin43.2%+1.1pp

Operating margin-2.5%—

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

Reported directly by Lyft, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Lyft, Inc. (LYFT) reported R&D of $124.15M in Q1 2026.
How has Lyft, Inc.'s R&D changed year-over-year?: Lyft, Inc.'s R&D increased by 10.4% year-over-year, from $112.5M to $124.15M.
What is the long-term trend for Lyft, Inc.'s R&D?: Over 4 years (2021 to 2025), Lyft, Inc.'s R&D has grown at a -16.1% compound annual growth rate (CAGR), from $911.95M to $451.42M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.