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LYFT Operating Expenses

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As of Q3'25, LYFT reported R&D Expenses of $110M and SG&A Expenses of $494M. This marks a slight increase in both categories compared to the previous quarter, with R&D up from $109M and SG&A up from $423M. From Q1'23 to Q3'25, R&D Expenses have generally declined from $197M to around $110M, stabilizing after Q4'23. SG&A Expenses, on the other hand, have shown a rising trend, increasing from $372M in Q1'23 to $494M in Q3'25, with notable growth especially from Q1'24 onward. The overall pattern indicates a strategic shift with controlled R&D spending and expanding SG&A outlays over the covered period.