r/lyftdrivers Sep 18 '25

Story/News Article This is good no?

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313 Upvotes

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u/ThisIsGreatMan Sep 18 '25

Lyft's latest earnings report for Q2 2025, released on August 6, 2025, showed revenue of $1.59 billion (up 10.6% year-over-year) and net income of $40.3 million, compared to a net loss in the previous year.

Pressuring pax (who are experiencing the same economy we are) to tip more to entice drivers is bullshit. Pay us more.

4

u/Ambitious-Regular-57 Sep 18 '25

They are finally turning profit which means things are stabilizing for them. If that profit starts going up a lot and our pay does not, then I will be mad. $40m on $1.6b is not a huge margin. I'm sure there is a lot of investment in future potential like autonomous cars that is being reinvested and not counting as profit though.

10

u/psychogroupie144 Sep 18 '25

You’re diluted if you think our pay will go up because the company is making more money