Tag Archives: Lyft

Is Lyft Profitable?

Is Lyft Profitable?

Is Lyft profitable? The short answer is that, no, Lyft is not profitable. The company has never reported an annual net profit, and 2022 reversed two years of declining net losses with a $522 million higher loss than the previous year. In 2022, Lyft reported revenue of $4 billion, compared to $3.2 billion in 2021. […]



Want Receive new Business Model Analysis direct on your inbox? Subscribe now and don't miss any new posts!