Who are Lyft’s competitors?
Lyft names 11 companies as competitors in its latest annual report, on 3 fronts. 2 companies name Lyft back.
Skip to the field, head to head ↓Lyft company profile
Lyft treats Uber as its main rival. Uber lists Lyft among other ridesharing companies.
Lyft names 11 competitors, and one name carries the weight. In ridesharing, its report says "Our main ridesharing competitor is Uber". Uber's own report puts Lyft in a list: "Bolt, Didi, Lyft, and Ola." One side defines its market by the other. The other side sees a field.
The gap shows in the numbers. Uber had revenue of $52.0 billion and growth of 18%. Lyft had $6.3 billion and 9%. The other fronts are wider still. Alphabet ($402.8 billion) and Amazon ($716.9 billion) sit among the AV and TaaS names, which the report describes as companies that "either are competing with us or may compete with us in the future". Those are rivals whose attention is somewhere else.
So Lyft's position is that of a rival who is named more than it is watched. ModivCare also lists Lyft, alongside Uber, among the transportation network companies it competes with. Being on many lists is not the same as being the target of any of them. For a strategist, the useful question is what each of those rivals would have to decide before Lyft became their main concern.
Where Lyft says it competes
“a number of companies developing and introducing AV technology and TaaS offerings that either are competing with us or may compete with us in the future”
“Our main competitors in the bike and scooter sharing market include Lime, Bird, Fifteen, nextbike and Dott.”
“Our main ridesharing competitor is Uber and our main competitors for app-based intermediation services for taxi and private hire vehicles are Uber and Bolt”
Who names Lyft as a competitor
“We also compete with other ridesharing companies for Drivers and Riders, including Bolt, Didi, Lyft, and Ola.”
10-K for 2025“Many organizations of varying sizes compete with us, including local not-for-profit organizations and community-based organizations, larger companies, organizations that currently provide or may begin to provide similar NEMT services (including transportation network companies such as Uber and Lyft) and CHA providers.”
10-K for 2024The field, from the filings
| Company | Fiscal year | Revenue | Growth | Net margin | Employees |
|---|---|---|---|---|---|
| Lyft | 2025 | $6.3B | +9% | 45% | 3,913 |
| Amazon | 2025 | $716.9B | +12% | 11% | 1,576,000 |
| Alphabet (Google) | 2025 | $402.8B | +15% | 33% | 190,820 |
| Tesla | 2025 | $94.8B | −3% | 4% | 134,785 |
| Uber | 2025 | $52.0B | +18% | 19% | 34,000 |
| ModivCare | 2024 | $2.8B | +1% | −7% | 20,000 |
Each company’s latest fiscal year as reported to the SEC, in US dollars; fiscal years end in different months. Rivals that report outside the US or in other currencies are not shown.
What the rivals have done lately
Decisions that shaped the field
Asked about Lyft’s competitors
Who are Lyft's competitors?
In its annual report for fiscal 2025, Lyft names 11 competitors across 3 fronts: av and taas competitors, bike and scooter sharing competitors and ridesharing and app-based ride competitors. 10-K for fiscal 2025
Which companies name Lyft as a competitor?
2 companies in our coverage name it in their own annual reports: Uber and ModivCare.
How does Lyft compare with its rivals?
Lyft reported $6.3B in revenue in its latest fiscal year, +9% on a year, with a 45% net margin. Amazon: $716.9B, 11% net margin; Alphabet (Google): $402.8B, 33% net margin.
What are the alternatives to Lyft?
The companies Lyft itself names as competitors are listed above, front by front, each in its own report’s words. Which matters for a given buyer depends on the job, not the list.
What would it actually cost a challenger to take your customer?
Sources: Lyft’s annual report for fiscal 2025; the annual reports of the companies that name it; each company’s financial data as reported to the SEC; Stratrix Decision Records. Analysis and data, not advice.
Tools to try
- Ansoff move finderFramework: Ansoff Matrix
- Business model canvas builderFramework: Business Model Canvas
- Change readiness checkFramework: Kotter's 8-Step Change Model
- Five Forces scorerFramework: Porter's Five Forces
- SMART goal builderFramework: SMART Goals
- SWOT builderFramework: SWOT Analysis
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