Lyft Inc Net Income/Loss

Net Income/Loss of Lyft Inc 2017-2021

Amounts are in $millions.

Annual Net Loss of Lyft Inc in millions 2017-21
Annual Net Loss of Lyft Inc in millions 2017-21.

 

2021Net Loss (millions)
Q1$(427.339)
Q2$(251.918)
Q3$(71.539)
Q4$ (258.6)
Total$ (1,009.36)

In 2021, Lyft's net loss was significantly lower compared to 2020. Its net loss in 2021 remained $1009.4 million compared to $1,752.9 million in 2020.

2020Net Loss (millions)
Q1$ (398.1)
Q2$ (437.1)
Q3$ (459.5)
Q4$ (458.15)
Total$ (1,752.86) 

The net revenues of Lyft Inc fell in 2020 compared to previous year mainly as a result of the impact of Covid-19 pandemic. Its net loss also remained lower in 2020 compared to 2019, mainly due to reduced net revenues.

Its net loss in 2020 was $1752.9 million compared to $2602 million in 2019.

2017Net Loss ($mn)
Q1 $(127.9)
Q2$(126.4) 
Q3$(194.2) 
Q4$(239.8) 
Total $ (688.3)

 Net loss of Lyft Inc totalled $(688.3) million in fiscal 2017.

2018Net Loss ($mn)
Q1$(234.3) 
Q2$(178.9) 
Q3$(249.2) 
Q4$(248.9) 
Total$ (911.3) 

Net loss of Lyft Inc totalled $(911.3) million in fiscal 2018 compared to $(688.3) million in fiscal 2017. 

2019Net Loss ($mn)
Q1$ (1,138.5) 
Q2$ (644.2) 
Q3$ (463.5) 
Q4$ (356.05)
Total$ (2,602.2)

The net loss of Lyft Inc during the third quarter of 2019 was $463.5 million compared to $644.2 million during the second quarter of 2019.

Lyft's net loss for the fiscal 2019 was $2.6 billion compared to $911 million during the previous year.