Lyft vs Uber
Uber reported revenue of $52.0 billion in fiscal 2025, 8.2 times Lyft's $6.3 billion in fiscal 2025. Lyft's revenue grew 9.2% in its latest year, and Uber's grew 18.3%. Lyft had an operating margin of -3.0%, against 10.7% at Uber.
Side by side
| Lyft | Uber | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $6.3B | $52.0B |
| Revenue growth | 9.2% | 18.3% |
| Revenue growth a year, last 5 years | 21.7% | 36.1% |
| Gross margin | 41.5% | — |
| Operating margin | −3.0% | 10.7% |
| Net margin | 45.0% | 19.3% |
| Free cash flow | — | $9.8B |
| Free cash flow margin | — | 18.8% |
| Return on capital | −12.3% | 19.7% |
| Net debt to EBITDA | — | 0.5x |
| Dividends and buybacks | $500M | $6.5B |
| Change in diluted share count | 1.0% | −1.4% |
| Last close | $17.06 | $66.13 |
| P/E at the last close | 2.5× | 14.5× |
| Insider trades, last 12 months | bought $199,810, sold $7.4 million | bought $16.9 million, sold $5.6 million |
| Piotroski F-score | 4 of 9 | 6 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
LyftUber
Operating margin
Percent of revenue
LyftUber
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
LyftUber