Uber vs Lyft — Operating Income Comparison

Uber (UBER) operating income was $5.6B in FY2025 (+99% YoY); Lyft (LYFT) operating income was -$188M in FY2025 (-58% YoY). The tables below show the complete quarterly and annual operating income history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Uber	Lyft
2025	$5.6B	-$188M
2024	$2.8B	-$119M
2023	$1.1B	-$476M
2022	-$1.8B	-$1.5B
2021	-$3.8B	-$1.1B
2020	-$4.5B	-$1.8B
2019	-$8.6B	-$2.7B
2018	-$3.0B	-$978M
2017	-$4.1B	-$708M

Uber — Annual Operating Income

Fiscal Year	Operating Income	YoY
2025	$5.6B	+99%
2024	$2.8B	+152%
2023	$1.1B	+161%
2022	-$1.8B	+52%
2021	-$3.8B	+15%
2020	-$4.5B	+48%
2019	-$8.6B	-183%
2018	-$3.0B	+26%
2017	-$4.1B

Lyft — Annual Operating Income

Fiscal Year	Operating Income	YoY
2025	-$188M	-58%
2024	-$119M	+75%
2023	-$476M	+67%
2022	-$1.5B	-29%
2021	-$1.1B	+38%
2020	-$1.8B	+33%
2019	-$2.7B	-176%
2018	-$978M	-38%
2017	-$708M

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