Uber vs Lyft — Capital Expenditure Comparison

Uber (UBER) capital expenditure was $336M in FY2025 (+39% YoY); Lyft (LYFT) capital expenditure was $53M in FY2025 (-37% YoY). The tables below show the complete quarterly and annual capital expenditure history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Uber	Lyft
2025	$336M	$53M
2024	$242M	$83M
2023	$223M	$150M
2022	$252M	$115M
2021	$298M	$79M
2020	$616M	$94M
2019	$588M	$178M
2018	$558M	$2M
2017	$829M	$4M

Uber — Annual Capital Expenditure

Fiscal Year	Capital Expenditure	YoY
2025	$336M	+39%
2024	$242M	+9%
2023	$223M	-12%
2022	$252M	-15%
2021	$298M	-52%
2020	$616M	+5%
2019	$588M	+5%
2018	$558M	-33%
2017	$829M

Lyft — Annual Capital Expenditure

Fiscal Year	Capital Expenditure	YoY
2025	$53M	-37%
2024	$83M	-44%
2023	$150M	+30%
2022	$115M	+45%
2021	$79M	-15%
2020	$94M	-47%
2019	$178M	+7995%
2018	$2M	-51%
2017	$4M

Source: UBER on EDGAR · LYFT on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.