Lyft, Inc. (LYFT) Balance Sheet
LYFT balance sheet, 2025
December 31, 2025 · U.S. dollars$9.03B assets = $5.76B liabilities + $3.27B equity
Both columns are drawn to the same scale: what LYFT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LYFT financial health
Descriptive bands, not a rating. Fiscal 2025.
LYFT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.25B2016 | $9.03B2025 | +24.6%/yr | |
| Total liabilities | $313.9M2016 | $5.76B2025 | +38.2%/yr | |
| Shareholders’ equity | $935.0M2016 | $3.27B2025 | +14.9%/yr | |
| Cash & short-term investments | $1.01B2016 | $1.84B2025 | +6.8%/yr | |
| Total debt | $476.3M2019 | $1.28B2025 | +17.9%/yr | |
| Net cash (debt) | $2.37B2019 | $560.4M2025 | −$1.8B | |
| Working capital | $769.1M2016 | −$1.61B2025 | −$2.4B | |
| Book value per share | $3.932016 | $7.842025 | +8.0%/yr | |
| Current ratio | 3.512016 | 0.652025 | −2.87 | |
| Debt / equity | 0.172019 | 0.392025 | +0.22 | |
| Shares outstanding | 237.9M2016 | 417.7M2025 | +6.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LYFT assets
LYFT liabilities and equity
LYFT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LYFT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.84B | $1.98B | $1.69B | $1.80B | $2.25B | $2.25B | $2.85B | $2.04B | $2.39B | $1.01B |
| Cash & equivalents | $1.13B | $759.3M | $558.6M | $281.1M | $457.3M | $319.7M | $358.3M | $517.7M | $1.11B | $469.2M |
| Short-term investments | $705.2M | $1.23B | $1.13B | $1.52B | $1.80B | $1.93B | $2.49B | $1.52B | $1.28B | $543.1M |
| Receivables | $0 | $334.8M | $305.2M | $267.3M | $186.9M | $89.5M | $113.8M | $200,000 | $1.7M | $0 |
| Inventory | $0 | $0 | −$880.9M | $1 | −$186.9M | $1 | −$113.8M | $0 | $0 | $0 |
| Other current assets | $1.08B | $631.3M | $1.47B | $518.8M | $522.2M | $253.6M | $397.2M | $282.4M | $171.3M | $62.7M |
| Total current assets | $2.92B | $2.95B | $2.58B | $2.58B | $2.78B | $2.59B | $3.25B | $2.32B | $2.56B | $1.08B |
| Property, plant & equipment (net) | $584.1M | $593.3M | $564.0M | $448.6M | $521.6M | $589.1M | $629.9M | $109.3M | $14.2M | $9.5M |
| Goodwill & intangible assets | $618.7M | $294.2M | $317.3M | $337.8M | $231.3M | $248.5M | $241.6M | $269.8M | $4.3M | $0 |
| Long-term investments | $47.1M | $42.5M | $39.9M | $26.4M | $80.4M | $10.0M | $1.36B | $863.7M | $360.9M | $0 |
| Other non-current assets | $4.86B | $1.55B | $1.07B | $1.16B | $1.16B | $1.24B | $211.5M | $196.8M | $73.6M | $164.3M |
| Total assets | $9.03B | $5.44B | $4.56B | $4.56B | $4.77B | $4.68B | $5.69B | $3.76B | $3.02B | $1.25B |
| Liabilities | ||||||||||
| Accounts payable | $120.5M | $97.7M | $72.3M | $107.8M | $129.5M | $84.1M | $38.8M | $32.3M | $66.9M | $46.2M |
| Short-term debt | $114.4M | $454.3M | $68.4M | $82.1M | $110.0M | $85.1M | $94.2M | — | — | — |
| Deferred revenue | — | — | — | $2.4M | $52.8M | $1.76B | $2.10B | — | — | — |
| Total current liabilities | $4.53B | $3.88B | $2.96B | $3.13B | $2.52B | $2.07B | $2.45B | $1.90B | $696.8M | $306.0M |
| Long-term debt | $1.00B | $566.0M | $839.4M | $803.2M | $655.2M | $644.2M | $0 | $0 | $0 | $0 |
| Lease obligations | $223.7M | $177.3M | $176.7M | $222.2M | $264.0M | $315.1M | $476.3M | — | — | — |
| Other long-term liabilities | $228.3M | $221.3M | $222.0M | $232.0M | $261.1M | $284.1M | $385.9M | $30.5M | $4.30B | $7.9M |
| Total liabilities | $5.76B | $4.67B | $4.02B | $4.17B | $3.43B | $3.00B | $2.84B | $1.93B | $5.00B | $313.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $4,000 | $4,000 | $4,000 | $4,000 | $3,000 | $3,000 | $3,000 | $3,000 | — | — |
| Retained earnings (deficit) | −$7.41B | −$10.26B | −$10.28B | −$9.94B | −$8.36B | −$7.30B | −$5.55B | −$3.63B | −$2.03B | −$1.35B |
| Accumulated other comprehensive income | $625,000 | −$10.1M | −$4.9M | −$5.8M | −$2.5M | −$473,000 | $2.7M | $133,000 | −$1.0M | −$93,000 |
| Total shareholders' equity | $3.27B | $767.0M | $541.5M | $388.7M | $1.34B | $1.68B | $2.85B | $1.83B | −$1.98B | $935.0M |
| Key figures | ||||||||||
| Total debt | $1.28B | $1.17B | $1.04B | $1.06B | $975.4M | $995.1M | $476.3M | — | — | — |
| Net cash (debt) | $560.4M | $812.1M | $643.4M | $735.1M | $1.28B | $1.26B | $2.37B | — | — | — |
| Working capital | −$1.61B | −$930.2M | −$384.1M | −$549.7M | $259.7M | $519.7M | $796.0M | $423.2M | $1.87B | $769.1M |
| Tangible book value | $2.65B | $472.9M | $224.2M | $50.9M | $1.11B | $1.43B | $2.61B | $1.56B | −$1.98B | $935.0M |
| Book value per share | $7.84 | $1.85 | $1.41 | $1.10 | $4.01 | $5.37 | $12.55 | $6.45 | −$8.32 | $3.93 |
| Shares outstanding | 417.7M | 413.7M | 385.3M | 354.7M | 334.7M | 312.2M | 227.5M | 284.1M | 237.9M | 237.9M |
| Current ratio | 0.65 | 0.76 | 0.87 | 0.82 | 1.10 | 1.25 | 1.32 | 1.22 | 3.68 | 3.51 |
| Quick ratio | 0.41 | 0.60 | 0.67 | 0.66 | 0.97 | 1.13 | 1.21 | 1.07 | 3.43 | 3.31 |
| Debt / equity | 0.39 | 1.53 | 1.92 | 2.73 | 0.73 | 0.59 | 0.17 | — | — | — |
| Equity / assets | 36.3% | 14.1% | 11.9% | 8.5% | 28.1% | 35.8% | 50.1% | 48.7% | −65.6% | 74.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.79B | $1.72B | $1.84B | $1.99B | $1.79B | $2.15B | $1.98B | $1.93B | $1.80B | $1.67B | $1.90B | $1.67B |
| Cash & equivalents | $1.14B | $1.03B | $1.13B | $1.31B | $913.8M | $985.5M | $759.3M | $770.3M | $604.4M | $507.9M | $770.4M | $590.5M |
| Short-term investments | $656.6M | $686.1M | $705.2M | $686.6M | $878.3M | $1.17B | $1.23B | $1.16B | $1.20B | $1.16B | $1.13B | $1.08B |
| Receivables | $339.8M | $291.3M | $0 | $399.2M | $359.9M | $341.7M | $334.8M | $306.3M | $283.8M | $281.8M | $305.2M | $303.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$283.8M | −$281.8M | $1 | $1 |
| Other current assets | $725.1M | $710.3M | $1.08B | $603.7M | $605.5M | $628.2M | $631.3M | $634.0M | $879.6M | $883.1M | $375.2M | $530.6M |
| Total current assets | $2.86B | $2.72B | $2.92B | $3.00B | $2.76B | $3.12B | $2.95B | $2.87B | $2.68B | $2.55B | $2.58B | $2.50B |
| Property, plant & equipment (net) | $594.2M | $598.1M | $584.1M | $542.7M | $544.0M | $561.4M | $593.3M | $567.7M | $617.2M | $639.5M | $564.0M | $577.3M |
| Goodwill & intangible assets | $641.7M | $601.4M | $618.7M | $524.5M | $293.5M | $290.8M | $294.2M | $304.6M | $306.7M | $311.8M | $317.3M | $318.2M |
| Long-term investments | $44.5M | $47.0M | $47.1M | $45.2M | $43.3M | $42.1M | $42.5M | $43.0M | $39.7M | $39.3M | $39.9M | $39.3M |
| Other non-current assets | $4.97B | $4.92B | $4.86B | $1.84B | $1.73B | $1.65B | $1.55B | $1.48B | $1.35B | $1.22B | $1.07B | $1.04B |
| Total assets | $9.11B | $8.89B | $9.03B | $5.94B | $5.37B | $5.67B | $5.44B | $5.26B | $5.00B | $4.76B | $4.56B | $4.48B |
| Liabilities | ||||||||||||
| Accounts payable | $115.6M | $114.9M | $120.5M | $107.4M | $104.5M | $98.6M | $97.7M | $109.3M | $116.1M | $104.5M | $72.3M | $56.7M |
| Short-term debt | $28.3M | $117.0M | $114.4M | $112.3M | $100.3M | $485.0M | $454.3M | $471.7M | $472.4M | $72.6M | $42.6M | $68.8M |
| Deferred revenue | — | — | — | — | — | — | — | — | $70.8M | — | — | — |
| Total current liabilities | $4.88B | $4.67B | $4.53B | $4.14B | $3.92B | $4.07B | $3.88B | $3.85B | $3.64B | $3.12B | $2.96B | $2.95B |
| Long-term debt | $990.6M | $986.6M | $1.00B | $1.01B | $526.5M | $549.9M | $566.0M | $574.5M | $578.3M | $942.2M | $839.4M | $833.8M |
| Lease obligations | $217.7M | $213.6M | $223.7M | $210.7M | $196.5M | $202.9M | $177.3M | $145.5M | $156.3M | $168.1M | $176.7M | $184.2M |
| Other long-term liabilities | $212.8M | $211.5M | $228.3M | $224.1M | $193.4M | $207.1M | $221.3M | $184.3M | $200.3M | $209.7M | $222.0M | $227.2M |
| Total liabilities | $6.08B | $5.86B | $5.76B | $5.37B | $4.64B | $4.83B | $4.67B | $4.61B | $4.42B | $4.27B | $4.02B | $4.01B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 |
| Retained earnings (deficit) | −$7.35B | −$7.40B | −$7.41B | −$10.17B | −$10.22B | −$10.26B | −$10.26B | −$10.32B | −$10.31B | −$10.31B | −$10.28B | −$10.25B |
| Accumulated other comprehensive income | −$15.4M | −$10.4M | $625,000 | −$1.4M | −$7.0M | −$10.4M | −$10.1M | −$3.3M | −$7.8M | −$6.3M | −$4.9M | −$9.3M |
| Total shareholders' equity | $3.02B | $3.03B | $3.27B | $573.0M | $732.7M | $838.1M | $767.0M | $655.8M | $577.6M | $491.3M | $541.5M | $468.3M |
| Key figures | ||||||||||||
| Total debt | $1.18B | $1.26B | $1.28B | $1.27B | $769.7M | $1.18B | $1.17B | $1.15B | $1.16B | $1.14B | $1.02B | $1.04B |
| Net cash (debt) | $619.4M | $464.6M | $560.4M | $719.0M | $1.02B | $971.2M | $812.1M | $777.1M | $636.5M | $526.1M | $881.0M | $622.1M |
| Working capital | −$2.02B | −$1.94B | −$1.61B | −$1.14B | −$1.16B | −$949.0M | −$930.2M | −$981.2M | −$960.9M | −$570.4M | −$384.1M | −$448.6M |
| Tangible book value | $2.38B | $2.42B | $2.65B | $48.6M | $439.1M | $547.3M | $472.9M | $351.1M | $270.9M | $179.5M | $224.2M | $150.1M |
| Book value per share | $7.83 | $7.52 | $7.84 | $1.39 | $1.73 | $1.98 | $1.85 | $1.59 | $1.40 | $1.22 | $1.39 | $1.20 |
| Shares outstanding | 386.3M | 402.5M | 417.7M | 412.7M | 423.0M | 424.0M | 413.7M | 412.2M | 412.0M | 401.6M | 389.3M | 389.3M |
| Current ratio | 0.59 | 0.58 | 0.65 | 0.72 | 0.70 | 0.77 | 0.76 | 0.75 | 0.74 | 0.82 | 0.87 | 0.85 |
| Quick ratio | 0.44 | 0.43 | 0.41 | 0.58 | 0.55 | 0.61 | 0.60 | 0.58 | 0.57 | 0.62 | 0.74 | 0.67 |
| Debt / equity | 0.39 | 0.42 | 0.39 | 2.22 | 1.05 | 1.41 | 1.53 | 1.75 | 2.01 | 2.32 | 1.88 | 2.23 |
| Equity / assets | 33.2% | 34.0% | 36.3% | 9.6% | 13.6% | 14.8% | 14.1% | 12.5% | 11.6% | 10.3% | 11.9% | 10.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 11, 2026); data from EODHD.
LYFT financial position
At the end of fiscal 2025 (December 31, 2025), Lyft had total assets of $9.0 billion (up 66.1% from a year earlier), total liabilities of $5.8 billion and shareholders' equity of $3.3 billion. It held $1.8 billion in cash and short-term investments against $1.3 billion of debt, a net cash position of $560.4 million. Its current ratio was 0.65. In the latest quarter (ended June 30, 2026) total assets were $9.1 billion and equity $3.0 billion.
Related: LYFT income statement, LYFT cash flow statement, LYFT key metrics. See the LYFT stock overview for the latest quote and news.
LYFT balance sheet FAQ
What are Lyft's total assets?
Lyft reported total assets of $9.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.4 billion a year earlier.
How much debt does Lyft have?
Lyft had $1.3 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.39.
How much cash does Lyft have?
Lyft held $1.8 billion in cash and short-term investments at the end of fiscal 2025; with $1.3 billion of debt that is net cash of $560.4 million.
What is Lyft's book value?
Lyft's shareholders' equity (book value) was $3.3 billion at the end of fiscal 2025, or $7.84 per share.
What is Lyft's current ratio?
Lyft had current assets of $2.9 billion and current liabilities of $4.5 billion, a current ratio of 0.65 (current liabilities exceed current assets).
How much goodwill does Lyft have?
Lyft carried $618.7 million of goodwill and intangible assets, 6.9% of total assets, at the end of fiscal 2025.