LYFT Quarterly Revenue

Quarterly Revenue of Lyft 2017-2021

Amounts are in $ millions.

Net Revenues of Lyft Inc. 2017 - 2021 (in millions)
Annual Net Revenues of Lyft Inc. 2017 - 2021 (in millions)

The chart below shows the quarterly net revenues of Lyft Inc.

2021Net revenues (millions)
Q1$608.96
Q2$765.025
Q3$864.405
Q4$969.9
Total$3,208.3

The net revenues of Lyft climbed to $3.2 billion in 2021 compared to $2.36 bilion in 2020. The company experienced revenue growth in the last three quarters of the year compared to the same period in the previou year. Lyft's net losses in 2021 were lower than the previous two years. Net losses were down to $1 billion in 2021 compared to $1.75 billion in 2020 and $2.6 billion in 2019.

Year/QuarterNet Revenues
2020 Q1$955.7 million
2020 Q2$339.35 million
2020 Q3$499.74 million
2020 Q4$569.9 million
Total$2,364.7 million

Due to the Covid 19 pandemic, the net revenues of Lyft each quarter continued to fall in 2020 compared to the previous year. Its net revenues in the first quarter of 2020 were higher than the same period in the previous year. In the first quarter of 2020, its net revenues were $955.7 million compared to $776 million in the first quarter of 2019.

In the second quarter of 2020, Lyft's net revenues were down to $339.35 million compared to $867.3 million in the same period during the previous year.

In the third quarter of 2020, the net revenues of Lyft were down to $500 million compared to $955.6 million in the same period of the previous year.

In the last quarer of 2020, net revenues were down to $570 million compared to $1 billion in the same period of the previous year.

Year/QuarterRevenue ($mn)
2016 total revenues$343.3
-----------2017 ---- 
2017 Q1$172.8
2017 Q2$238.9
2017 Q3$303.6
2017 Q4$344.6
2017 total$1,059.9
----------2018 ------- 
2018 Q1$397.2
2018 Q2$504.9
2018 Q3$585
2018 Q4$669.5
2018 total$2,156.6
------------2019  ------- 
2019 Q1$776
2019 Q2$867.3
2019 Q3$955.6
2019 Q4$1,017.1
2019 total$3,615.96

LYFT is a ride-sharing service with its headquarters in SanFrancisco, California. The company has its operations in the US and Canada. It offers its customers access to a variety of transportation services through the company's platform and mobile-based applications.

The net Revenue of Lyft in the third quarter of 2019 equaled $955.6 million compared to $585 million in the third quarter of 2018; 63% YoY growth. Lyft has enjoyed record growth in fiscal 2019. It is a leading competitor of Uber. 

The net revenue of Lyft in the fourth quarter of 2019 equaled $1,017.1 million compared to $669.5 million in the same period during the previous year.

The net revenue of the ride sharing company for the fiscal 2019 grew to $3,616 million from $2,156.6 million in fiscal 2018.

In 2016, Lyft's net revenue was $343.3 million and grew to $1.06 billion in 2017.