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.

Five9

FS KKR Capital Corp

Playtika Holding

TripAdvisor

We have chosen five mid-cap companies that will report third-quarter earnings results this week. These are: FIVN, PLTK, TRIP, FSK and LYFT.

5 Mid Cap Stocks to Buy Ahead of Q3 Earnings Results This Week

Lyft (NASDAQ: LYFT ) stock is on the move Friday after the ride-sharing company revealed plans to cut more jobs. This has Lyft cutting 13% of its workforce, which is the second time the company has reduced its headcount since July.

Lyft Layoffs 2022: What to Know About LYFT Job Cuts

Lyft (LYFT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Lyft (LYFT) This Earnings Season?

Activision Blizzard

The three major U.S. equity indexes closed lower again Thursday. The Dow Jones industrials ended the day down 0.46%, the S&P 500 closed 1.06% lower and the Nasdaq fell 1.73%.

Earnings Previews: Activision Blizzard, Lyft

"Despite efforts to avoid this day, we've made the difficult decision to lay off 13% of the team," Lyft cofounders told employees in a memo Thursday.

Read part of the memo Lyft's cofounders sent to employees as the company begins laying off nearly 700 staffers

Lyft will be a highlight of earnings next week, with the company set to release its Q3 report on Monday, November 7. Only three years removed from its IPO in 2019, each quarterly report and the company's guidance are crucial for LYFT's stock.

Breaking Down Lyft (LYFT) Stock Before Earnings

Lyft has consistently provided better-than-expected earnings, exceeding the Zacks Consensus EPS Estimate by triple-digit percentages in three of its last four prints.

Lyft Q3 Preview: Another EPS Beat Inbound?

Amazon

Twitter is planning thousands of job cuts, and other companies are paring back after unprecedented growth during the pandemic.

Layoffs Hit Tech Sector With Force as Amazon, Lyft Warn of Economic Downturn

Beazer Homes USA

D.R. Horton

Disney

Delek US Hlds

New Fortress Energy

Occidental Petroleum

Viper Energy Partners LP

Wendy's

The energy sector is the largest contributor to third-quarter earnings growth for the S&P 500 index. The post Energy Earnings Shoulder S&P 500 Profit Growth; Key Leaders In Focus appeared first on Investor's Business Daily.

Energy Earnings Shoulder S&P 500 Profit Growth; Key Leaders In Focus

Ride-share company Lyft announced Thursday that it has plans to slash its total headcount by 13%, with approximately 683 workers being impacted.

Lyft laying off nearly 700 workers

Lyft on Thursday said it will lay off 13% of its staff, or nearly 700 employees, as it rethinks staffing amid rising inflation and fears of a looming recession.

Lyft to lay off 13% of staff

The company announced the cuts would affect all teams.

Lyft Cuts 13 Percent of Employees

Lyft said Thursday it is laying off 13% of its workforce as it tries to reduce operating expenses, according to a securities filing. The ride-hailing company described the cuts as proactive step to ensure it “is set up to accelerate execution and deliver strong business results in Q4 of 2022 and in 2023.

Lyft lays off 13% of workforce as it tries to slash operating expenses

Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.

Lyft Cuts 13% Of Its Staff While Stripe Slashes 14%—Here Are The Biggest U.S. Layoffs This Year

Lyft Inc. is laying off 13% of its workforce, which amounts to about 650 jobs, in what its executives are calling a proactive step as they look to a possible recession and plan for the coming year.

Lyft lays off 13% of workers in second round of cuts this year, maintains financial guidance

Lyft Inc said on Thursday it would lay off 13% of its workforce, or about 683 employees, in the ride-hailing firm's latest cost-cutting step to cope with a weakening economy.

Lyft to lay off 683 employees in cost-cutting push

Lyft said Thursday it's cutting 13% of its workforce, impacting all teams.

Lyft cuts 13% of its workforce

The company is cutting 13% of staff, translating to hundreds of jobs, the second round of cuts at the ride-hailing giant in recent months.

Lyft Plans to Lay Off Hundreds of Staffers

Lyft's (LYFT) third-quarter 2022 revenues are expected to have benefited from increase in Active Riders. Rising expenses are likely to have hurt its bottom line.

Lyft (LYFT) to Report Q3 Earnings: Is a Beat in the Cards?

Alaska Air Group

Mileage Plan members can earn 1 mile for every $1 spent on all Lyft rides in the U.S. and Canada, plus this holiday season they can earn 2 miles for every $1 spent on Lyft rides – anytime, everywhere; guests can redeem miles for flights SEATTLE , Nov. 2, 2022 /PRNewswire/ -- Your travels this holiday season just got more rewarding. Alaska Airlines has hitched a new partnership with Lyft – one of the largest transportation networks in the U.S. and Canada – and we're eager for our guests to come along for the ride.

Alaska Airlines teams up with Lyft for new partnership to earn miles wherever you go

Ride-hail giant Lyft has relaunched Lyft Pink, its monthly subscription plan, at half of its previous price. At $9.99 per month or $99 per year, the new membership offers perks like free priority pickups and a discount of “at least” 5% on Preferred, Lux and XL rides, the company said Tuesday.

Lyft relaunches monthly subscription plan at half the price

We believe Lyft is a good acquisition candidate for several players in the market, such as Amazon, Google, or any car services/taxi companies. Competition is intensifying, and traditional taxi services are now offering prices that rival ride-sharing prices in many major metros, limiting growth for Lyft.

Lyft: Days Could Be Numbered As A Standalone Business

In appearance at TechCrunch Disrupt, John Zimmer spoke on slow AV rollout and why Lyft hasn't banned drivers from using Autopilot.

Lyft co-founder says autonomous vehicles won't replace drivers for at least a decade

Lyft is increasing the service fees its riders in the U.S. pay for each ride. The rise in cost, which will go directly to Lyft, aims to cover the higher costs of insurance, reports Reuters.

Lyft increases service fees for riders amid rising insurance costs

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the third fiscal quarter of 2022 after the close of the market on Monday, November 7, 2022.

News for Lyft Stock (LYFT)