Flagship explainer

How Lyft, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$5.9B · 100%Cost of revenue$3.7B · 63%Gross profit$2.2B · 37%Operating income−$188M · −3%Income before tax−$53.2M · −1%Income tax−$2.9B · −49%Net income$2.8B · 48%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$5.9B100%
Cost of revenue$3.7B63%
$2.2B37%
−$188M−3%
Income before tax−$53.2M−1%
Income tax−$2.9B−49%
$2.8B48%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full Lyft, Inc. analysis at Buy Like Buffett