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 just reported its biggest quarter ever, and management is optimistic. But a weakening balance sheet and continued cash burn paint a different picture.

After Earnings and Burning Cash, Is Lyft in Trouble?

Uber

Maybe the business model just doesn't make sense (or money) as is.

Poor Q3 Results From Lyft and Uber Rekindle Questions About Ride-Hailing's Future

California voters shot down a plan to make electric vehicles more affordable for some residents, dealing a blow to Lyft and the EV industry alike. Proposition 30 would have taxed residents making more than $2 million a year to subsidize electric cars and public charging stations as well as funded wildfire prevention programs.

Lyft-backed plan to fund electric cars flops in California

In the third quarter of 2022, LYFT's total revenues of $1053.8 million lag the Zacks Consensus Estimate of $1054.7 million.

Why LYFT Stock Plunges 22.91% Despite Q3 Earnings Beat

Voters rejected a ballot measure aimed to raise more money to promote electric vehicles and fight wildfires.

Lyft-Backed Plan to Tax Rich for Green Initiatives Fails in California

The measure would have raised taxes on the wealthy to support electric-vehicle subsidies.

California Voters Reject Lyft-Backed Measure on EVs

TripAdvisor

These 2 Nasdaq Growth Stocks Missed Tuesday's Rally

Growth in Lyft's rider base is slowing faster than expected.

Why Lyft Stock Was Tumbling Today

While Lyft saw a decline in active riders, Uber saw a surge in active riders last quarter, bolstering the idea that Uber is taking share from Lyft.

Lyft plunges 18% after disappointing 3rd-quarter earnings suggest Uber is taking share from the ride-hailing company

Lyft reported third-quarter revenue that fell short of estimates, and active riders came in below Wall Street's forecast.

Lyft shares tumbles 17% after disappointing revenue, active rider miss

Lyft (NASDAQ: LYFT ) stock is trending on social media this morning, and its shares are tumbling about 18%. Yesterday after the market closed, the company reported weaker-than-expected third-quarter results.

Why Is LYFT Stock Down 18% Today?

Analysts hailed Uber Technologies Inc. as their ride-sharing preference Tuesday as Lyft Inc. posted quarterly results that indicated it was feeling some pressure from its larger rival.

Lyft stock sinks amid ‘very concerning' rider trends and pressure from Uber

Lyft Inc shares sank 20% on Tuesday on signs that competition from bigger rival Uber was stalling user growth and eating into the market share of the ride-hailing firm.

Investors dump Lyft on signs Uber is snatching market share

As its share price falls, Lyft is still gassing up the same single-lane approach.

Lyft Keeps Pumping the Wrong Gas

Lyft says it lost market share in the quarter due to Uber's aggressive driver incentives.

Lyft Stock Tumbles on Growth Concerns. Uber Casts a Shadow Over Its Rival.

Lyft, Inc. (NASDAQ:LYFT ) Q3 2022 Earnings Conference Call November 7, 2022 4:30 PM ET Company Participants Sonya Banerjee - Head, IR Logan Green - Co-Founder, CEO & Director Elaine Paul - CFO John Zimmer - Co-Founder, President & Vice Chairman Conference Call Participants Douglas Anmuth - JPMorgan Chase & Co. Stephen Ju - Crédit Suisse Mark Mahaney - Evercore ISI John Blackledge - Cowen Eric Sheridan - Goldman Sachs Steven Fox - Fox Advisors Deepak Mathivanan - Wolfe Research Brian Nowak - Morgan Stanley Benjamin Black - Deutsche Bank Operator Good afternoon, and welcome to the Lyft Third Quarter 2022 Earnings Call. [Operator Instructions].

Lyft, Inc. (LYFT) Q3 2022 Earnings Call Transcript

Activision Blizzard

"Gridlock" is seen as good for the markets because it keeps Capitol Hill from regulating, taxing or otherwise augmenting the marketplace.

Markets Up Ahead of Election Day; LYFT, TRIP, ATVI Report

Lyft (LYFT) delivered earnings and revenue surprises of 37.50% and 0.08%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lyft (LYFT) Surpasses Q3 Earnings Estimates

Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which Lyft had a small stake.

Lyft takes $135.7 million hit on Argo AI shutdown

The company said its revenue growth slowed and that the number of people using its service remained below prepandemic levels. Its shares fell more than 13% after hours.

Lyft Shares Slide After Disappointing Revenue and Ridership Numbers

After a strong quarter last week from Uber, expectations were high for Lyft's results. Investors wanted better results than the company posted.

Lyft Shares Tumble as Earnings Disappoint

Lyft Inc. attracted fewer customers in the third quarter than Wall Street expected, but record-high ride-hailing prices sent the company to its highest quarterly revenue ever anyway, executives said Monday.

Lyft rides price increases to record revenue, but stock still sinks

Ride-hailing company Lyft Inc on Monday forecast current-quarter revenue slightly below Wall Street estimates, hurt by competition from Uber Technologies Inc , sending its shares down 13% in extended trading.

Lyft shares plunge after revenue forecast disappoints

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2022.

Lyft Announces Third Quarter Results

Lyft, Inc (NASDAQ: LYFT) is set to print its third-quarter earnings after the markets close on Monday. The stock has been heavily beaten down since reaching an all-time high of $68.28 on March 18, 2021.

News for Lyft Stock (LYFT)