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 beat estimates for fourth-quarter profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as the ride-share platform reaps the benefits of cost cuts.

Lyft profit beats estimates as benefits from cost cuts kick in

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq:LYFT) today announced financial results for the fourth quarter and full-year ended December 31, 2023. “In 2023, the Lyft team set ambitious goals and the results speak for themselves. We reached the highest level of annual riders in our history, delivered over 700 million rides, and helped drivers take home over $8 billion,” said CEO David Risher. “This year we've already launched a new pay standard for drivers and expanded Women+ Connect to ov.

Lyft Announces Fourth Quarter and Full-Year 2023 Results

DoorDash

Uber

Thousands of drivers for Uber, Lyft and DoorDash are expected to go on strike in several U.S. cities on Valentine's Day seeking fair pay for their services.

Thousands of Uber, Lyft, DoorDash drivers to strike on Valentine's Day to demand fair pay

Wall Street is abuzz over the upcoming Uber (NYSE: UBER ) Strike this Valentine's Day, Feb. 14. Indeed, Both Uber and Lyft (NASDAQ: LYFT ) drivers plan to cease driving in major U.S. and Canadian cities this Wednesday in protest of declining pay, driver safety and more, according to Business Insider.

Valentine's Day Strike: What to Know as Uber, Lyft Drivers Prep to Stop Rides Feb. 14

An organization representing rideshare drivers and delivery workers is organizing a strike on Valentine's Day (Wednesday, Feb. 14). Justice for App Workers is calling on drivers to not take rides to or from airports in 10 markets, according to a page on its website dedicated to the strikes.

Rideshare, Delivery Drivers to Strike on Valentine's Day

The strikes are set to take place about a week after Lyft said it would pay the difference if drivers made less than 70% of what riders paid after external fees each week.

Uber, Lyft, DoorDash drivers to strike on Valentine's Day over ‘incredible decrease' in pay

Thousands of drivers for ride-sharing platforms Uber , Lyft and food delivery app DoorDash will strike across the United States on Valentine's Day seeking fair pay, drivers' groups said on Monday.

Uber, Lyft, DoorDash drivers in the US to strike on Valentine's Day for fair pay

Airbnb

Biogen

Avis Budget Group

Coinbase

Hershey

Coca-Cola

Shopify

Sony

This week, traders will have a lot of economic data to digest, including retail sales, manufacturing measures, jobless claims, and the consumer price index. The market is now pricing in a 16% chance of a March rate reduction by the Fed, but odds top 60% for a cut in May.

Wall Street Brunch: Retail Inflation In Focus

Lyft says it will start guaranteeing drivers earn 70% of their riders' payments each week. The company also said it would provide drivers more insight into how their pay is calculated.

Lyft says it's going to give some of its drivers a pay bump

Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform's latest release addresses key concerns such as earnings, deactivations and safety, Lyft said in a Tuesday (Feb. 6) blog post.

Lyft Guarantees Rideshare Drivers 70% or More of Fare

Lyft's (LYFT) Q4 performance is likely to have been influenced by a surge in Active Riders.

Lyft (LYFT) Set to Report Q4 Earnings: What's in the Offing?

Ride-hailing firm Lyft has promised to bolster drivers' weekly wages through a package of pay standards designed to tempt workers. Drivers will be guaranteed at least 70% of what riders pay for lifts from Tuesday after some 15% reported making less than the figure each week last year.

Lyft to guarantee weekly wages to tempt drivers

Lyft said on Tuesday the company will guarantee weekly earnings for drivers, a first in the U.S. ride-hailing industry dominated by larger rival Uber Technologies , in a move to lure more drivers to its platform.

Lyft guarantees weekly earnings to lure more drivers

Lyft is promising to boost earnings for its drivers who are also seeking more transparency on where riders' fares go. Moving forward, the company is guaranteeing a new pay standard.

Lyft to ensure drivers receive baseline percentage of rider fares

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the fourth quarter and full-year 2023 after the close of the market on Tuesday, February 13, 2024. 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 https://investor.lyft.com/. The.

Lyft To Announce Fourth Quarter and Full-Year 2023 Financial Results

Instacart (Maplebear Inc.)

The fortunes of gig-economy giants like Uber Technologies Inc., DoorDash Inc. and Instacart will increasingly depend on their ability to broaden what they deliver and to integrate more deeply into local economies, Goldman Sachs analysts said on Thursday. But they saw fewer benefits this year for one of the bigger industry players that hasn't expanded into delivery, Lyft Inc.

Uber, DoorDash and Instacart can integrate more deeply into local commerce, Goldman Sachs says. They're less optimistic about Lyft.

Aptiv Holdings Ltd

Tesla

The technological advances of this new era, such as artificial intelligence and machine learning, open the way to new tools such as Autonomous Driving. They are no longer things of a distant future but are already part of our present and companies are working and developing their potential to apply it to their business models.

The Top 3 Stocks Shaping the Future of Autonomous Driving

Lyft (NASDAQ: LYFT ) stock is slipping on Thursday after Goldman Sachs downgraded the ridesharing company's shares today. That downgrade has analyst Eric Sheridan dropping LYFT stock from a “buy” rating to a “neutral” rating.

Goldman Sachs Is Cooling Off on LYFT Stock

New programs like women+connect are resonating with customers. The company should benefit from lower interest rates in 2024.

Why Lyft Stock Soared 28% in December

Shares of Uber Technologies Inc. and the ride-hailing giant's smaller rival, Lyft Inc., have sprinted higher this year. But analysts on Friday suggested there might not be much left in the tank for either stock heading into 2024.

Uber and Lyft shares rallied this year. There may not be much left to drive them higher, analysts say

While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura recently downgraded both Uber and Lyft, Seeking Alpha reported Friday (Dec. 29).

Nomura Downgrades Uber and Lyft After Outsized Gains in 2023

Today is the last day of trading for the year, although it isn't a positive one for Lyft (NASDAQ: LYFT ). This morning, Nomura downgraded LYFT stock to “Reduce” from “Neutral” while also raising its price target to $13 from $11.7, marking an 11% increase.

Nomura Just Hit LYFT Stock With a New Downgrade

Ridesharing bigwigs Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) are moving in opposite directions this morning, after Wall Street brokerage firm Nomura weighed in on the stocks.

Analyst Weighs in on 2 Rideshare Stocks

Uber and Lyft drivers protested at the Atlanta airport on Saturday to demand higher wages from the rideshare companies.

Holiday travel: Uber, Lyft drivers hold hours-long protest at Atlanta airport

Lyft Inc (NASDAQ:LYFT) is expected to provide revised long-term financial targets when it hands down its fourth quarter results, with analysts at Jefferies seeing upside to the rideshare provider's bookings led by higher pricing. They forecast fiscal 2024 bookings 3% or about $470 million higher than the consensus analyst estimate based on new disclosures on bookings and rides.

News for Lyft Stock (LYFT)