Active Riders

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales & Marketing

General & Administrative

Operations & Support

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lyft

Lyft, Inc. engages in the provision and management of an online social rideshare community platform. It provides access to a network of shared bikes and scooters for shorter rides and first-mile and last-mile legs of multimodal trips, information about nearby public transit routes, and Lyft Rentals to offer riders a view of transportation options when planning any trip. The company was founded by Marcus Cohn, John Zimmer, Rajat Suri, Matt van Horn, and Logan Green in 2007 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lyft reports record revenue in Q4 2022, focuses on profitability

Lyft's Q4 2022 performance showcased record revenue, strong demand, and a focus on profitability through initiatives like Lyft Pink.
While facing challenges with supply-demand balance and pricing dynamics, the company is leveraging opportunities in cost reduction and driver supply increase.
Looking ahead, Lyft aims for stable growth, balanced dynamics, and a continued focus on profitability and competitive positioning.

Lyft surpasses Q1 revenue targets, focuses on cost-saving strategies

Lyft's Q1 2023 performance exceeded expectations, driven by strong financial results and a focus on cost-saving measures and restructuring.
The company's strengths include competitive pricing strategies, a pure play focus on rideshare, and emphasis on autonomy and AV partnerships.
Challenges include managing driver incentives, short-term impacts of cost cuts, and transitioning away from certain business segments.
Opportunities for Lyft include accelerating rideshare growth, enhancing product offerings post-COVID, and leveraging partnerships in the AV space.

Lyft reports Q2 revenue growth, eyes market differentiation for growth

Lyft's Q2 showed positive performance with revenue growth and improved marketplace balance. Challenges include pricing strategy adjustments and managing insurance costs. Opportunities lie in continued rideshare growth and service differentiation.

Lyft reports record Q3 performance and focuses on customer growth

Lyft's Q3 performance was strong, with record gross bookings and ride growth, setting a positive tone for future growth.
The company's focus on driver experience and customer obsession positions it well for continued success.
Challenges include managing insurance costs and transitioning product offerings to meet customer preferences.
Opportunities lie in expanding differentiated experiences, media advertising, and driving growth through key customer segments.

Lyft reports robust Q4 results, eyes sustainable growth in 2024

Lyft's Q4 2023 performance was strong, with a focus on innovation, partnership growth, and operational efficiency.
The company faces challenges in cost management and competitive pressures but has opportunities in advertising, partnerships, and service enhancements.
By maintaining cost discipline, enhancing rider experience, and expanding partnerships, Lyft aims for sustainable growth and profitability in 2024.
Investments in innovation, rideshare perfection, and driver commitment position Lyft for success amidst industry competition and evolving market dynamics.

Lyft reports robust Q1 performance, eyes growth amid challenges

Lyft's Q1 2024 showcased strong financial performance, improved driver earnings, and operational excellence.
The company's focus on customer experience, diverse ride options, and media revenue growth are key strengths.
Challenges include regulatory hurdles, autonomous vehicle integration, and maintaining healthy revenue margins.
Opportunities lie in expanding use cases, increasing customer frequency, and leveraging media business success.

Lyft achieves GAAP profitability, eyes AVs and revenue diversification

Lyft's Q2 2024 performance reflects a milestone achievement of GAAP profitability and strong financial health.
Strategic strengths in operational excellence, partnerships, and innovation position Lyft for sustained growth and market expansion.
Challenges in balancing cost optimization, managing stock-based compensation, and navigating market dynamics require careful attention.
Opportunities in AVs, revenue growth, and customer experience enhancements present avenues for future growth and market leadership.

Lyft reports record metrics and raises 2024 outlook amidst challenges

Lyft's Q3 2024 performance reflects operational excellence, financial growth, and strategic advancements in product innovation and partnerships.
While facing challenges such as insurance cost increases and partnership impacts, Lyft leverages strengths in customer focus and market expansion.
Opportunities lie in raised outlooks, strategic partnerships, and continued focus on driver and customer satisfaction for sustained growth.
Overall, Lyft's performance showcases resilience, adaptability, and a commitment to driving value for both stakeholders and customers.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lyft, Inc. engages in the provision and management of an online social rideshare community platform. It offers access to a network of shared bikes and scooters for shorter rides and first mile and last-mile legs of multimodal trips, information about nearby public transit routes, and Lyft Rentals to offer riders a view of transportation options when planning any trip. The company was founded by Marcus Cohn, John Zimmer, Rajat Suri, Matt van Horn, and Logan Green in 2007 and is headquartered in San Francisco, CA.

Lyft is falling behind its competition. Lackluster second-quarter guidance sent its shares reeling after the bell Thursday and the company's earnings call did little to assuage concerns, according to a Wedbush analyst.

Lyft delivers ‘top three worst' earnings call analyst says he's ever heard

Those are some of the ways analysts are characterizing Lyft Inc.'s LYFT positioning in the wake of the ride-hailing company's Thursday afternoon earnings report.

Lyft has a ‘challenging if not daunting' road ahead as stock slides further

Uber

Lyft said it is targeting $330 million in annual cost savings which it could use to intensify its ride-sharing competition with Uber.

Lyft Stock Plunges After Earnings. What It Means for Uber.

Lyft's (LYFT) first-quarter 2023 earnings and revenues increase year over year.

Lyft (LYFT) Q1 Earnings & Revenues Top Estimates, Rise Y/Y

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Carvana, Apple, Coinbase and Lyft shift after earnings, and other stocks on the move

Lyft (LYFT) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.09 per share. This compares to earnings of $0.07 per share a year ago.

Lyft (LYFT) Q1 Earnings and Revenues Beat Estimates

Lyft, Inc. (NASDAQ:LYFT ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Sonya Banerjee - Head of Investor Relations Logan Green - Co Founder and Board Chair John Zimmer - President, Co Founder and Vice Chair David Risher - Chief Executive Officer and Director Elaine Paul - Chief Financial Officer Conference Call Participants Doug Anmuth - JPMorgan Chase and Company Stephen Ju - Credit Suisse Eric Sheridan - Goldman Sachs Nikhil Devnani - Bernstein Ian Peterson - Evercore ISI Benjamin Black - Deutsche Bank Rohit Kulkarni - ROTH MKM Steven Fox - Fox Advisors Operator Good afternoon, and welcome to the Lyft First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode to prevent any background noise.

Lyft, Inc. (LYFT) Q1 2023 Earnings Call Transcript

Lyft may have a bumpy road ahead to recovery.

Lyft stock plunges nearly 15% on weaker than expected revenue forecast

Lyft reported better-than-expected revenue for the first quarter, but the company's guidance spooked investors

Lyft shares plunge 15% on weak second-quarter guidance

Lyft began the year mired in the same ditch it ended in last year, with its ride-hailing service struggling to recover from a pandemic-driven downturn that triggered a change in leadership and layoffs that wiped out a quarter of its workforce.

Lyft suffers another letdown in 1Q amid post-pandemic woes

Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial gains.  Shares have since stabilized in after-hours trading, now trading down about 10%.

Lyft shares tumble as investors react to dim outlook

Lyft shares went into reverse in after-hours trading on Thursday after the ride-share company posted an earnings miss while revenue outperformed expectations for the first quarter.  For the quarter ended March 31,2023, Lyft posted a loss per share of $0.50, which was an improvement from the year-ago quarter where it recorded a loss per share of $0.57, but missed Zacks consensus estimate of a loss per share of $0.09.

Lyft 1Q revenue beats expectations but disappointing outlook sends shares falling

Lyft Inc. on Thursday reported first-quarter results that beat expectations, but a forecast that fell just shy of analyst estimates.

Lyft stock sinks as forecast falls short of estimates, as new CEO takes aim at Uber

Lyft Inc's forecast second-quarter revenue and core profit below estimates on Thursday amid tough competition from larger rival Uber, sending its shares down 13% in trading after the bell.

Lyft's second-quarter forecast disappoints, shares fall 13%

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its first quarter ended March 31, 2023. “We're improving our rideshare service and are thrilled with the early results. Riders are taking more rides and drivers have the power to earn more,” said David Risher, chief executive officer of Lyft. “Our focus on riders and drivers will be our strength as we build a large-scale, healthy, and profitable business.” “David has hit the ground running. His custom.

Lyft Announces Results for First Quarter 2023

Ride-sharing looks like a winner-take-all market, and Uber is winning big.

It's Over for Lyft -- Uber Wins in Ride-Sharing

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Who doesn't enjoy earnings season? The period is undeniably hectic for market participants, but that's just the nature of the game.

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Even before he joined Lyft's board in 2021, David Risher had taken hundreds of trips as a passenger so he felt like he knew a lot about the ride-hailing service. But he never expected to be thrust into the driver's seat at a time when Lyft was running like a jalopy.

Lyft's new CEO tackles a job requiring some heavy lifting

Lyft Inc's revenue growth is likely to lag bigger rival Uber Technologies Inc for the sixth straight quarter, with Wall Street eagerly looking forward to a turnaround plan from its new CEO David Risher.

All eyes on Lyft's new CEO as Wall Street awaits turnaround plan

Lyft's new CEO David Risher announced another change for the ride-share company: Workers will soon have to return to the office.

Lyft CEO tells employees they must return to the office

A day after nearly 1,100 people were laid off, the struggling company told its remaining workers to prepare for a series of changes.

Lyft Employees Told to Return to Office as New Chief Executive Lays Out Vision

Lyft Inc. on Thursday named a new president to replace John Zimmer after a shakeup at the ride-hailing company that saw co-founders Zimmer and Logan Green, who was chief executive, replaced last month. Kristin Sverchek, who has been with the company since 2012 as general counsel and who became president of business affairs in 2021, will be president of the company, a title new CEO David Risher was originally going to assume.

Lyft names Kristin Sverchek president

Lyft will reduce its staff by 26% as the rideshare service looks to bring down costs.

Lyft Cuts Quarter of Staff to Drive Down Costs

Companies are now being rewarded for cutting back on costs and improving efficiency. Unfortunately, for many workers, that means layoffs.

Lyft Layoffs 2023: Lyft Plans Job Cuts for 26% of Staff

Lyft said Thursday it will cut 26% of its workforce, or about 1,072 people, as part of a restructuring plan aimed at rebuilding its core ride-hailing product and boosting profits. The company also said in a regulatory filing Thursday that it decided scale back hiring plans and will eliminate 250 open job positions.

News for Lyft Stock (LYFT)