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 (NASDAQ:LYFT) releases its next round of earnings this Tuesday, August 03. Here is Benzinga's essential guide to Lyft's Q2 earnings report.

Lyft's Earnings Outlook

Uber

As people have become more comfortable leaving their homes again, major global economies and their industries are riding gains on the path to a return to normal.

Uber And Lyft Race To Raise Hood On Driver Shortages, Alternative Revenue Sources

Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.

Uber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook

The company is a ride-hailing platform that saw a blow to its user base last year with the lockdowns but is expected to recover by 54% as mobility trends improve. However, its take rate may see limited upside as drivers' earnings stagnate and face competition from rising Uber driver earnings, which is a tailwind for revenue growth.

Lyft: Anticipated 2021 Recovery Already Reflected In Stock Price

Accenture Plc

American Express

Alphabet

U.S. Bancorp

June marked six years since the formation of our team and the refocusing of GMO's efforts on quality investing. We are writing to update you on your portfolio, reflect on what has changed over those six years, and share how we're thinking about quality investing today.

GMO's 2021 Mid-Year Letter: Quality Strategy

Ford Motor Company

Ford might have to adjust its slogan from "Have you driven a Ford lately?" to "Has a Ford driven you lately?

Self-Driving Fords Set for Lyft-off in Miami and Austin

The companies plan to begin offering the service this year, expanding later to Austin, Texas. A human will still be behind the wheel.

Lyft will team up with Ford and a self-driving car start-up to offer rides in Miami.

On Wednesday, July 21, drivers in 11 cities (including LA, San Francisco, Austin, and Las Vegas) are turning off their apps to support the PRO Act and protest what they say are shrinking pay rates. Uber and Lyft drivers in 11 cities across the country are striking on Wednesday, July 21, in protest of poor working conditions and declining pay rates, and to call on the U.S. Senate to pass the Protecting the Right to Organize Act, or PRO Act, which would give app-based workers the right to organize with a union.

Uber and Lyft drivers are on a day-long strike for the right to organize

Ride-hailing drivers across the country executed a strike Wednesday, calling on the U.S. Senate to pass the PRO Act, a bill that would allow them to organize.

Uber and Lyft drivers strike, seek passage of PRO Act

The first autonomous cars ready for ride hailing will hit the road in Miami by the end of this year.

Ford and partner Argo AI will launch Lyft self-driving cars this year - Roadshow

Argo AI, Lyft and Ford Motor Company are collaborating to launch self-driving cars at scale, according to a Wednesday (July 21) announcement. The joint effort brings together self-driving technology, vehicle fleet and transportation network.

Ford, Argo AI, Lyft To Launch Self-Driving Car Service By Year's End

SAN FRANCISCO--(BUSINESS WIRE)--Add after second paragraph in About Lyft section: This announcement contains forward-looking statements about Lyft, including statements about its autonomous vehicle strategy. Factors that could cause actual results to differ materially from those addressed in the forward-looking statements are detailed in Lyft's filings with the Securities and Exchange Commission. Lyft does not undertake an obligation to update our forward-looking statements to reflect future ev

ADDING and REPLACING Argo AI and Ford to Launch Self-Driving Vehicles on Lyft Network by End of 2021

Lyft will begin running autonomous vehicles within its rideshare network before the end of 2021 through a partnership with Ford and Argo AI. The three companies announced an agreement Wednesday morning that will place self-driving ride-hailing vehicles on Miami city streets later this year and on Austin, Texas, roadways in 2022.

Ford to run self-driving cars on Lyft network later this year

Ford Motor Company (NYSE: F), Lyft Inc (NASDAQ: LYFT), and Argo AI have entered into a partnership to commercialize autonomous ride-hailing at scale. Lyft will receive 2.5% of the common equity of Argo AI as part of the licensing and data access agreements.

Ford, Argo AI To Launch Self-Driving Vehicles On Lyft Network By 2021-End

Self-driving startup Argo AI, carmaker Ford Motor Co and ride-hail company Lyft Inc on Wednesday said they partnered to offer robotaxi trips to Lyft customers in Miami and Austin.

Argo AI, Ford and Lyft to launch self-driving ride-hail service in Miami and Austin

Autonomous vehicle technology startup Argo AI and its backer and customer Ford plan to launch up to 1,000 self-driving vehicles on Lyft's ride-hailing network in a number of cities over the next five years starting with Miami and Austin. The first Ford self-driving vehicles, which are equipped with Argo's autonomous vehicle technology, will become available […]

Argo, Ford to launch self-driving vehicles on Lyft's ride-hailing app

Self-driving rides with safety drivers will roll out this year in Miami by request and next year in Austin.

Ford and Argo AI to launch self-driving cars with Lyft by the end of the year

SAN FRANCISCO--(BUSINESS WIRE)--In an industry-first collaboration, Argo AI, Lyft and Ford Motor Company are working together to commercialize autonomous ride hailing at scale. The unique collaboration brings together all of the parts necessary to create a viable autonomous ride hailing service, including the self-driving technology, vehicle fleet and transportation network needed to support a scalable business and deliver an exceptional experience for riders. “This collaboration marks the firs

Argo AI and Ford to Launch Self-Driving Vehicles on Lyft Network by End of 2021

Ford and automated driving partner Argo AI will launch automated ride-hailing services on Lyft's platform in Austin and Miami this year. Lyft will provide Argo with data to help optimize deployments and evaluate the safety of the vehicles in exchange for a 2.5% stake

Lyft Invests In Argo AI; Ford's First Robotaxis Arrive In Late 2021

Ride-sharing companies are facing major risks ahead.

Why I'm Avoiding Uber and Lyft Stocks Like the Plague in July

Workers for app companies call for better wages and protections for those seeking to unionize

Uber and Lyft drivers to join day-long strike over working conditions

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its second fiscal quarter ended June 30, 2021 after the close of the market on Tuesday, August 3, 2021. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at h

Lyft To Announce Second Quarter 2021 Financial Results

With cities around the country easing their COVID restrictions, Lyft has reintroduced shared rides, its lowest-cost ride option, in three U.S. cities. The feature will roll out in Philadelphia, Chicago and Denver, with more cities to follow, the ride-hailing service said on Thursday (July 15).

Lyft Rolls Out Modified Shared Rides

Lyft Inc's (NASDAQ: LYFT) consumers in Philadelphia, Chicago, and Denver, can avail shared rides from Monday, the company said in a blog. Lyft had pulled the shared rides since Mar. 2020 owing to COVID-19.

Lyft To Resume Shared Trips In Phases Subject To Health Protocols

Lyft is bringing back shared rides, but sources say UberPool may never return in full form, since the company lost up to $1 billion per year on it.

News for Lyft Stock (LYFT)