LYFT Lyft margins

Relative Growth: Rel. Growth: 85

Relative Strength: Rel. Strength: 52

Relative Valuation: Rel. Valuation: 94

Relative Profitability: Rel. Profitability: 69

Gross margin

45.5%

Operating margin

-1.8%

EBITDA margin

2.4%

Net margin

42.3%

Lyft reports a gross margin of 45.5%, an operating margin of -1.8%, an EBITDA margin of 2.4%, and a net margin of 42.3%, while its operating margin is negative at -1.8%. Of the available margins, net margin increased the most and EBITDA margin fell the most, by 40.8 and 2 percentage points respectively.

LYFT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Lyft's margins averaged 42.32% gross, -3.32% operating, 1.99% EBITDA, and 11.12% net. All four current margins are above their three-year averages.

LYFT margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in net margin, which increased by 40.8 percentage points, and gross margin also expanded by 3.8 percentage points, whereas operating margin contracted by 0.9 percentage points and EBITDA margin by 2 percentage points.

Gross margin expansion

3.8pp

Operating margin expansion

-0.9pp

EBITDA margin expansion

-2pp

Net margin expansion

40.8pp

LYFT Gross margin

Lyft recorded an average gross margin of 42.32% across the last 3 years. The latest gross margin for Lyft is 45.5%, 3.2 percentage points above its three-year average. Lyft's gross margin ranged from a low of 41.2% in Mar 2024 to a high of 45.5% in Jun 2026.

LYFT Operating margin

The average operating margin for Lyft was -3.32% across the past 3 years. Against its three-year average, Lyft's operating margin is currently -1.8%, 1.5 percentage points above its three-year average. The operating margin for Lyft moved between -10.8% in Dec 2023 and 0.4% in Sep 2025.

LYFT EBITDA margin

Over the last 3 years, the average EBITDA margin for Lyft was 1.99%. The latest EBITDA margin for Lyft is 2.4%, 0.4 percentage points above its three-year average. Lyft's EBITDA margin ranged from a low of -4.3% in Dec 2023 to a high of 4.9% in Sep 2025.

LYFT Net margin

Across the last 3 years, Lyft recorded an average net margin of 11.12%. Lyft currently reports a net margin of 42.3%, 31.2 percentage points above its three-year average. The highest net margin for Lyft was 45% in Dec 2025, while the lowest was -7.7% in Dec 2023.

LYFT margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 45.5%, LYFT ranks lower than the Technology sector and the industry average. In comparison with the Technology sector average of 52.1%, Lyft's gross margin is 13% lower.

LYFT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Lyft's gross margin?

For the period ending Jun 30, 2026, LYFT recorded a gross margin of 45.5%.

What is Lyft's operating margin?

For the period ending Jun 30, 2026, LYFT recorded an operating margin of -1.8%.

What is Lyft's EBITDA margin?

For the period ending Jun 30, 2026, LYFT recorded an EBITDA margin of 2.4%.

What is Lyft's net margin?

As of Jun 30, 2026, LYFT has a net margin of 42.3%.

What are the average margins of LYFT?

Lyft's gross, operating, EBITDA, and net margins averaged 42.3% gross, -3.3% operating, 2.0% EBITDA, and 11.1% net over the last 3 years.

What are the highest historical margins of LYFT?

Across the 5-year period, LYFT posted its highest margins at 50.2% gross in Mar 2022, 0.4% operating in Sep 2025, 4.9% EBITDA in Sep 2025, and 45% net in Dec 2025.

What are the lowest historical margins of LYFT?

Across the 5-year period, LYFT posted its lowest margins at 39.7% gross in Mar 2023, -35.6% operating in Dec 2022, -34.3% EBITDA in Dec 2022, and -38.7% net in Dec 2022.