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 Inc. LYFT, -2.74% is bringing in a new chief executive and removing its co-founders from running the ride-hailing company on a day-to-day basis, sending shares more than 5% higher in after-hours trading. Former Amazon.com Inc. AMZN, -0.09% and Microsoft Corp. MSFT, -1.49% executive David Risher will take over as CEO, replacing co-founder Logan Green, according to an announcement from the company.

Lyft stock jumps 5% as new CEO pushes co-founders from helm

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) today announced that the company's co-founders, Logan Green (chief executive officer) and John Zimmer (president) have decided to transition from their full-time executive management positions into non-executive roles as chair and vice chair of the Lyft board, effective April 17, 2023 and June 30, 2023, respectively. David Risher, a seasoned technology executive who previously served as Amazon's first head of product and head of U.S.

Lyft Announces Leadership Succession Plan

Lyft's cofounders, Logan Green and John Zimmer, will step back from their day-to-day roles as CEO and president, with David Risher as the new CEO.

Lyft CEO and president to step down in mid-April, former Amazon exec David Risher named as replacement

David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price.

Lyft Hires New CEO as Founders Step Back

Shares of Lyft have crumbled since reporting Q4 results and issuing a disappointing Q1 outlook. Year to date, the stock is down more than 10%, bucking the trend of recoveries in other tech stocks.

Lyft: Time To Step In Amid The Ashes

Uber

Uber's management team is likely more competent than its counterpart at Lyft. Uber's mobility division growth rate far surpassed Lyft's growth rate during the pandemic.

Uber Technologies Is A Buy. Lyft Not So Much

A lawsuit against AB5 brought by Uber, Postmates and two of their gig drivers failed in a lower federal court in California in 2020 but has been partially revived on appeal. And it appears that the primary reason for the reversal were the words of AB5's key sponsor, Lorena Gonzalez, who was a state assemblywoman when the law was passed but is now the chief officer of the California Labor Federation.

Court revives Uber/Postmates fight against AB5 for app-based drivers

Rideshare and delivery companies want the Biden administration's nominee for the Department of Labor to clarify her position on an incoming worker-classification rule that could expand workers' rights, a trade group representing the companies said on Monday.

Uber, Lyft trade group questions Biden's labor nominee's gig workers stance

DoorDash

After an appeals-court decision this week, California ride-hailing drivers and other gig workers will remain independent contractors instead of employees for the foreseeable future — a win for gig companies that they will surely try to replicate around the country and beyond.

What Uber, Lyft and DoorDash's victory on gig-worker status looks like so far

Shares of Uber Technologies Inc. UBER, Lyft Inc. LYFT and DoorDash Inc. DASH ended higher Tuesday, a day after a California appeals court handed them a partial victory that lets them continue treating their drivers and couriers as independent contractors instead of employees — though an appeal to the California Supreme Court is likely. The three-member appeals court ruled two to one that most of Proposition 22, the law that came out of a 2020 ballot initiative on which the companies spent more than $200 million, could be upheld after a judge last year declared it unconstitutional.

Uber, DoorDash, Lyft stocks rise after Prop. 22 ruling in California

Uber stock jumped Tuesday, as did Lyft and DoorDash, thanks to a court ruling on how they categorize drivers. The post Uber, Lyft Shares Rise As California Court Rules Drivers Can Be Independent appeared first on Investor's Business Daily.

Uber, Lyft Shares Rise As California Court Rules Drivers Can Be Independent

Uber and Lyft drivers are independent contractors, not employees, of the ride-sharing companies, a California court has ruled. A three-judge panel of the state appeals court decided that a 2021 ballot measure, known as Proposition 22, was unconstitutional.

Uber and Lyft drivers are contractors, California court says

Uber (NYSE: UBER ) stock and Lyft (NASDAQ: LYFT ) stock are on the rise Tuesday after a court ruled that the companies' drivers are contractors. A California court ruled that gig workers at ridesharing companies, such as Uber and Lyft, are contractors and not employees.

UBER, LYFT Stocks Rise as California Court Rules Drivers Are Contractors

Uber and Lyft have landed a victory in their battle to treat drivers as contractors. In a ruling issued Monday (Mar.

Court Rules Uber and Lyft Drivers Are Contractors

The Californian court also ruled the companies could not limit the ability for their drivers to join a labor union and bargain collectively.

Uber and Lyft Stocks Rise After Court Victory. But Gig Worker Dispute Is Not Over.

The verdict allows companies like Uber and Lyft to bypass a 2019 California labor law, which would have forced them to offer benefits like health insurance and paid sick leave to their drivers.

Uber And Lyft Can Treat Drivers As Independent Contractors, California Court Rule

A California appeals court decision preserves the companies' independent-contract model in the state and could bolster their efforts elsewhere.

Court Ruling Hands Victory to Uber, Lyft

Uber Technologies Inc., Lyft Inc. and DoorDash Inc. on Monday scored a major victory in their battle to continue treating their drivers as independent contractors as an appeals court let most of an embattled California law stand.

Uber, Lyft, DoorDash win as appeals court upholds California's Prop. 22

A California appeals court on Monday reversed a lower-court ruling that found Proposition 22, the ballot measure passed in November 2020 that classified Uber and Lyft drivers as independent contractors rather than employees, to be illegal.

California court upholds Prop 22 in win for Uber, Lyft, DoorDash

A California appeals court reversed a lower-court ruling that had found Proposition 22 unconstitutional.

Uber and Lyft shares rise after California court victory lets them classify drivers as contractors

A California state appeals court on Monday revived a ballot measure allowing app-based services such as Uber Technologies Inc and Lyft Inc LYFT.O to treat drivers as independent contractors rather than employees, in a major victory for the industry.

California court upholds treating app-based drivers as contractors

The decision lessens the chances that gig drivers will be considered employees in the state, but it is expected to be appealed to the state Supreme Court.

California Court Mostly Upholds Prop. 22 in Win for Uber and Other Gig Companies

Intel

Logitech

Opendoor

Snowflake

Teladoc

Zoom Video

With the tech sector selling off throughout 2022 and attempting to make a recovery this year, it may seem to some that now is the time to look for tech stocks to buy, rather than tech stocks to sell. However, while there may be a case to be made for buying back into FAANG components like Facebook parent Meta Platforms (NASDAQ: META ), or even into more speculative tech growth stories with near-term catalysts, like SoFi Technologies (NASDAQ: SOFI ), there are still plenty of hard-hit tech stocks that may be in for additional declines.

7 Terrible Tech Stocks to Sell in March

Estedys Novas says he drove for Uber Technologies Inc. for almost seven years — even while he was losing family members to COVID-19 — before he was banned from the app permanently in 2020 for reasons he doesn't understand.

‘If they can win here, they can win anywhere': The next battleground for Uber and Lyft is Massachusetts, where drivers are fighting for the right to unionize

Drivers call for regulation of rideshare companies they say collect up to 50% of fares and arbitrarily close workers' accounts

News for Lyft Stock (LYFT)