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 is emerging as a top comeback story on the market.

1 Growth Stock Down 77% to Buy Right Now

LYFT reports 16% year-over-year growth of gross bookings in third-quarter 2024.

LYFT Q3 Earnings & Revenues Beat Estimates, Gross Bookings Rise Y/Y

Lyft (LYFT) shares jumped 23% Thursday as several analysts lifted their price targets for the ridesharing company's stock after its third-quarter results and fourth-quarter outlook came in better than expected.

Lyft Stock Surges as Analysts Lift Price Targets After Earnings

Lyft, Inc.'s stock surged ~29% post Q3 2024 earnings and ~84% since my last buy call. I'm downgrading the stock to a sell and see limited upside ahead after the rally. Lyft's Price Lock initiative boosted rides and platform stickiness, but the market has priced in that positive, in my opinion. This leads me to expect moderating future outperformance. Despite Lyft's lower P/E and EV/Sales ratios compared to Uber, I recommend taking Lyft gains and investing in Uber for better near-term potential.

Downgrading Lyft To A Sell: Switching Cars

Lyft posted strong growth in the third quarter.

Why Lyft Stock Was Soaring Today

Lyft stock is rallying Thursday after the ride-sharing firm reported strong Q3 earnings and raised its full-year outlook. This is what you need to know.

Lyft Stock Is Soaring After Earnings. Here's Why

Rideshare concern  Lyft Inc (NASDAQ:LYFT) is seeing high options activity today, after the company reported strong third-quarter earnings and revenue and issued an upbeat current-quarter gross bookings outlook.

Options Bulls Blast Lyft Stock on Forecast, Earnings

Shares of Lyft Inc LYFT were climbing in early trading on Thursday, after the company reported upbeat third-quarter results.

Lyft's Bookings Guidance Bests Uber, Analyst Says: 'Better Than Feared'

US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve's policy meeting later in the day.  Benchmark averages extended gains from Wednesday and hit new record highs after Donald Trump won the 2024 US presidential elections.

Dow, S&P, Nasdaq hit record highs ahead of Fed decision; Lyft surges 28%, DJT gives up gains

Lyft's Q3 earnings exceeded expectations, with 32% y/y revenue growth to $1.52 billion and 16% y/y gross bookings growth. Shares jumped ~20% in response. Importantly, the company is also guiding to potential acceleration in bookings in Q4, stoking additional enthusiasm for the stock. Its bookings strength is also coming amid cuts to promotional spending. The company struck a new partnership with DoorDash to provide rideshare discounts to DashPass subs, and also signed deals to roll out autonomous rideshare next year.

Lyft: Proving That Rideshare Is A 2-Player Market In The U.S.

Mobileye Global Inc

The ride-hailing company posted third-quarter sales of $1.52 billion, above estimates of $1.44 billion.

Lyft Stock Surges After Sales Beat. Its Mobileye Self-Driving Partnership Also Helps.

Lyft, Inc. (LYFT) Q3 2024 Earnings Call Transcript

Lyft (LYFT) shares soared over 20% in extended trading Wednesday after the company reported better-than-expected quarterly results and raised its outlook.

Lyft Stock Speeds Up on Narrower-Than-Expected Loss, Raised Outlook

Lyft (LYFT) has joined rideshare rival Uber (UBER) in signing a number of partnerships with autonomous driving software makers to bring "robotaxis" to its platform.

Lyft's New Pacts Are the Mobility Industry's Latest Autonomy Moves

Lyft stock soared late Wednesday after reporting better-than-expected sales for the third quarter and earnings in-line. The post Lyft Stock Leaps Higher On Sales Beat, Strong Q4 Outlook appeared first on Investor's Business Daily.

Lyft Stock Leaps Higher On Sales Beat, Strong Q4 Outlook

Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership with Mobileye Global Inc.

Lyft shares jump on results and autonomous-vehicle partnership

Lyft forecast current-quarter gross bookings above estimates after beating September-quarter sales on Wednesday as more people return to offices, indicating steady demand for ride-hailing services.

Lyft forecasts upbeat fourth-quarter bookings on strong demand from weekday commuters

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq:LYFT) today announced financial results for the third quarter ended September 30, 2024. “Our team delivered one of the strongest quarters in Lyft history, following the many new innovations we've brought to drivers and riders so far this year,” said CEO David Risher. “Going forward, our work with best-of-breed partners and the autonomous future we're building will give people even more reasons to choose Lyft every time.” “Operational excellence.

Lyft Announces Strong Q3 2024 Financial Results and Raises Full-Year Outlook

Uber

The Massachusetts vote was the latest front in a years-long battle over whether ride-share drivers should be considered to be independent contractors or employees entitled to benefits and wage protections.

Massachusetts becomes first state to allow Uber, Lyft drivers to unionize

A state ballot measure was the first of its kind in the United States, but labor advocates worry it could lock Uber and Lyft drivers out of full-time employment status.

Uber and Lyft Drivers in Massachusetts Win Right to Unionize

Massachusetts voters on Tuesday approved a ballot measure that would allow ride-share drivers to unionize, becoming the first U.S. state to allow drivers for app-based companies like Uber and Lyft to do so.

Massachusetts voters allow Uber, Lyft drivers to unionize

Lyft, Inc. LYFT will release earnings results for its third quarter, after the closing bell on Wednesday, Nov. 6.

Lyft Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Lyft said on Wednesday it will partner with Mobileye and two other companies in the robotaxi industry to bring self-driving cars onto its ridehail platform and bolster research and development in the sector.

Lyft inks deals with Mobileye, others to bring robotaxis to ridehail platform

NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, and Lyft (NASDAQ: LYFT), one of North America's largest transportation networks, today announced plans to partner, leveraging Nexar's vast cutting-edge video telematics to create data-driven solutions that accelerate the deployment of AV technologies. "Nexar's collaboration with Lyft is a pivotal moment in our journey to accelerate the future of autonomous driving," said Eran Shir, Chief Product Officer and Co-Founder of Nexar.

Nexar and Lyft Partner To Drive The Future Scaling Of Autonomous Vehicles

It seems Lyft is hoping to catch up to Uber's string of autonomous vehicle partnerships.

News for Lyft Stock (LYFT)