Lyft is setting itself up for its next stage of growth.
The service, which relies on about 1 million gig-worker drivers, is breaking into new areas, including launching a service for older riders called Lyft Silver and one for teens. Like rival Uber, Lyft is also experimenting with self-driving cars, a development that CEO David Risher said could be “transformational.”
“A new Lyft is emerging,” Risher said on the company’s August earnings call, after it reported new highs for gross bookings, adjusted earnings, and free cash flow during its second quarter.
That comeback has hit snags. In February, its stock fell 17% in one day on disappointing fourth-quarter results and a surprise operating loss for 2025.
Still, Risher, who became the company’s CEO in 2023, said on a February earnings call that Lyft is on track to meet its 2027 financial goals, which include reaching $25 billion in annual gross bookings as well as targets for free cash flow and EBITDA.
All of that requires hiring the right people.
As of mid-February, Lyft had about 150 jobs listed on its website, spanning positions from AI transformation strategist to software engineer.
Work visa data shows that Lyft sought to hire about 140 workers through the H-1B program in the 2025 fiscal year, which ended on September 30, based on filings with the US Department of Labor.
Lyft did not respond to a request for comment from Business Insider.
Business Insider analyzed how much money companies from Apple to Walmart are paying for tech jobs and other roles. Explore salary data from America’s biggest employers.
Companies are required to submit this work visa data, including salary information, to the US Department of Labor for foreign hires. The compensation figures don’t include equity or other benefits that employees can receive in addition to base pay. However, the salaries in the filings are benchmarked against industry-average pay rates for similar roles and can provide insight into what the company pays for those jobs.
The process could change if the Trump administration’s proposed changes to the H-1B visa system take effect.
Over the last several months, Trump added a $100,000 fee to new applications and proposed changes to work visa rules that could give an edge to the highest-paid applicants. However, these changes were largely initiated after this reporting period.
Here’s a look at some of the annual salaries for Lyft jobs included in the disclosures:
Data science positions can make as much as $300,000
Data Science Manager: $176,000 to $300,000
Data Scientist: $120,000 to $264,000
Data Engineer: $130,250 to $222,000
Software engineers can make as much as $312,000
Software Engineer: $128,000 to $312,000
Staff Software Engineer: $181,000 to $300,000
Senior Software Engineer: $144,000 to $207,500
Network Engineer: $115,000 to $165,000
Engineering Manager: $148,000 to $264,000
Data analytics and business intelligence jobs can make as much as $177,000
Business Systems Engineer: $138,000 to $176,880
Data Analyst: $118,000 to $177,000
Analytics Lead: $114,000 to $150,000
Product roles can make as much as $264,000
Product Manager: $148,000 to $264,000
Product Designer: $124,000 to $155,000
Other positions can make as much as $222,000
Actuarial Analyst: $108,000 to $192,000
Designer: $99,360 to $222,000
Senior Analyst: $123,280 to $207,000
Financial Data Analyst: $90,000 to $162,000
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