Uber vs Lyft — Free Cash Flow Comparison

Uber (UBER) free cash flow was $9.8B in FY2025 (+42% YoY); Lyft (LYFT) free cash flow was $1.1B in FY2025 (+46% YoY). The tables below show the complete quarterly and annual free cash flow history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Uber	Lyft
2025	$9.8B	$1.1B
2024	$6.9B	$766M
2023	$3.4B	-$248M
2022	$390M	-$352M
2021	-$743M	-$181M
2020	-$3.4B	-$1.5B
2019	-$4.9B	-$284M
2018	-$2.1B	-$283M
2017	-$2.2B	-$398M

Uber — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$9.8B	+42%
2024	$6.9B	+105%
2023	$3.4B	+762%
2022	$390M	+152%
2021	-$743M	+78%
2020	-$3.4B	+32%
2019	-$4.9B	-134%
2018	-$2.1B	+7%
2017	-$2.2B

Lyft — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$1.1B	+46%
2024	$766M	+409%
2023	-$248M	+30%
2022	-$352M	-95%
2021	-$181M	+88%
2020	-$1.5B	-419%
2019	-$284M	-0%
2018	-$283M	+29%
2017	-$398M

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