Lyft vs Uber
Uber is the larger business, with $52.02bn of revenue in fiscal 2025 against $6.32bn for Lyft (8.2 times as much). Uber grew faster (18.3% against 9.2%). Lyft kept more of each dollar of sales as profit: a net margin of 45.0% against 19.3%.
| Latest fiscal year | LyftLYFT, 2025 | UberUBER, 2025 |
|---|---|---|
| Revenue | $6.32bn | $52.02bn |
| Revenue growth | 9.2% | 18.3% |
| Net income | $2.84bn | $10.05bn |
| Operating margin | — | 10.7% |
| Net margin | 45.0% | 19.3% |
| Return on equity | 140.8% | 41.4% |
| Free cash flow | — | $9.76bn |
| Cash | $1.13bn | $7.11bn |
| Total debt | $1.05bn | $10.60bn |
| Debt to equity | — | 39.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $500m | $6.52bn |
| Employees | 3,913 | 34,000 |
| Market value | $6.42bn | $136.09bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 23 (Weak) | 27 (Weak) |
| Insider trades, 12 months | 2 buys, 23 sales | 6 buys, 7 sales |