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.

Despite upbeat second-quarter results and a strong current-quarter forecast, Lyft Inc (NASDAQ:LYFT) stock is sliding today as its price war with Uber (UBER) takes the spotlight.

Lyft Stock Slides On Pricing Strategy

Lyft Inc (NASDAQ:LYFT) shares were on the up in pre-market trading as investors steadied their nerves following a post-quarterlies roller coaster ride. After an initial burst of euphoria in the wake of a Q2 beat (the loss per share was 16 cents rather than 17 cents), Wall Street then began to worry about a potential price war with Uber Technologies Inc (NYSE:UBER).

Lyft out of reverse gear and in demand after volatile earnings day

Lyft's shares tumbled more than 7% on Wednesday as investors feared the ride-hailing platform's focus on competitive pricing to gain market share would muddy its path to profitability.

Lyft falls as pricing strategy casts shadow over profit goals

Uber

While Lyft's quarterly losses narrowed, its revenue growth was considerably slower than Uber's as it seeks to compete on price.

Lyft Stock Drops. New CEO's Reset Plan Doesn't Look Like a Threat to Uber Yet.

Lyft Inc. and Uber Technologies Inc. may be in the early stages of a price war, and investors in money-losing Lyft especially need to be prepared.

A ride-share price war is brewing, and it could mean bad news for Lyft

Lyft, Inc. (NASDAQ:LYFT ) Q2 2023 Earnings Call Transcript August 8, 2023 4:30 PM ET Company Participants Sonya Banerjee - Head of Investor Relations David Risher - Chief Executive Officer and Director Erin Brewer - Chief Financial Officer Conference Call Participants Stephen Ju - Credit Suisse Eric Sheridan - Goldman Sachs Doug Anmuth - JPMorgan Mark Mahaney - Evercore ISI Nikhil Devnani - Bernstein Kenneth Gawrelski - Wells Fargo Ross Sandler - Barclays Benjamin Black - Deutsche Bank John Colantuoni - Jefferies John Blackledge - TD Cowen Steven Fox - Fox Advisors Lloyd Walmsley - UBS Rohit Kulkarni - ROTH MKM Operator Good afternoon, and welcome to the Lyft Second Quarter 2023 Earnings Call. At this time, all participants are in listen-only mode to prevent any background noise.

Lyft, Inc. (LYFT) Q2 2023 Earnings Call Transcript

Lyft (LYFT) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.12 per share a year ago.

Lyft (LYFT) Beats Q2 Earnings and Revenue Estimates

Rivian Automotive

Twilio

Lyft (LYFT) shares got a big "lift" initially in today's after-market following its big beat.

Markets Close in Red, but Well Off Lows; LYFT, RIVN, TWLO Report

Duolingo

Take-Two Interactive Software

Shares of Lyft Inc (NASDAQ:LYFT) skidded 6.8% after the bell Tuesday despite the ride-share company raising its third-quarter outlook above Wall Street estimates and posting a second-quarter earnings beat.  The company posted earnings of $0.16 per share, $0.17 better than the forecast loss per share of $0.01.

The Afterhours: Lyft, Take-Two, Rivian, Duolingo

Lyft has been cutting fares in order to secure more riders, and it's working. Bu that success has come with a (literal) cost.

Lyft wants to kill surge pricing

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant's stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report.

Lyft shares pop, then plop, as it predicts slow and steady growth

Lyft shares fell despite the ride-share company raising its third quarter outlook above Wall Street estimates and posting an earnings beat for the second quarter after the closing bell on Tuesday. For 2Q, which ended on June 30, 2023, Lyft's earnings per share topped expectations at $0.16, $0.17 better than the forecast loss per share of $0.01.

Lyft shares go into reverse despite 2Q earnings beat and above-market guidance

Ride-hailing service Lyft Inc. on Tuesday reported a surprise second-quarter adjusted profit, helped by summer travel and a return to offices, and gave a third-quarter sales forecast that was above expectations.

More commutes, summer travel propel Lyft's results and stock

Lyft forecast third-quarter revenue and adjusted core profit above estimates on Tuesday, as it bets on cost cuts and a post-pandemic rebound in ride-sharing demand to cushion the impact of a price war with bigger rival Uber.

Lyft forecasts strong earnings as it banks on competitive pricing to chase down Uber

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its second quarter ended June 30, 2023. “Our customer obsession is paying off for riders, drivers, and our business,” said CEO David Risher. “Between summer travel and return-to-office commuting, folks are getting out more every day and loving the Lyft rideshare experience. Standard rides have reached their second-highest level ever. Our advice: download Lyft now and give us a try. We think you'll lik.

Lyft Announces Results for Second Quarter 2023

After Uber Technologies Inc. reported strong earnings last week, all eyes will be on smaller rival Lyft Inc.

Lyft earnings: What to expect from Uber's smaller rival

AMC Entertainment

Marathon Digital Holdings

Upstart Holdings

Before U.S. markets opened on Monday, Tyson Foods posted earnings per share (EPS) and revenue that both missed consensus estimates.

Earnings Previews: AMC, Lyft, Marathon Digital, Rivian, Upstart

The Q2 earnings season has been primarily positive so far, with many companies exceeding expectations and helping to lift sentiment.

Lyft Q2 Preview: Can Results Drive Shares Higher?

Uber recorded a first-ever operating profit in its history, with earnings per share beating expectations in Q2.

Uber Just Reported Its First-Ever Operating Profit In Q2 Earnings Report, But Lyft Warning Sends Shares Sliding

Sonos

Sonos and Lyft could be excellent options for growth stock investors.

Best Growth Stocks: Sonos vs. Lyft

A lack of profitability is the major issue at the ride-hailing car service. The board recently brought in new management to fix its bloated expense structure.

Is There Any Hope Left for Lyft Stock?

Lyft has lowered ride prices after laying off over 1,000 corporate employees this spring. As a result, it has claimed some market share from rival Uber, the Wall Street Journal reported.

Your Lyft ride got cheaper because the company laid off so many employees

Lyft's CEO says workers who don't want to return to the office should come back — for the snacks. He told employees they would need to come into the office three days a week starting in the fall.

Lyft's new CEO reversed its WFH policy. Now he says employees should want to come back to the office 'for the snacks.

Lyft said Monday it might sell or find a strategic partner for its bikes and scooters unit as the ridesharing company races Uber for more share of the market.

Lyft open to selling bike, scooter business

Lyft is looking to either sell its fleet of 68,000 bikes and scooters or partner with an investor who can fund the division in CEO David Risher's latest effort to close the gap between Lyft and rival Uber.

News for Lyft Stock (LYFT)