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.

Uber

A California judge ruled a 2020 ballot measure exempting delivery drivers and ride-share employees from a state labor law, known as Proposition 22, unconstitutional on Friday.

New California Ruling Pushes Gig-Economy Stocks Lower

Ride-hailing giants Uber Inc. and Lyft Inc. were dealt a blow after a California judge ruled California's Proposition 22, which classified drivers as independent contractors, was unconstitutional.

Uber, Lyft hit by Prop 22 punch

DoorDash

When markets opened Monday, Uber shares were down 2.3 percent at $39.05 and Lyft shares had fallen 3.1 percent to $44.48, according to MarketWatch data.

Shares of Uber, Lyft and Doordash tank after CA judge strikes down gig law

Gig worker stocks are on the move Monday after a California judge weighed in on a lawsuit over the state's Proposition 22 legislation. The post Gig Worker Stocks: What UBER, LYFT and DASH Investors Need to Know Today appeared first on InvestorPlace.

Gig Worker Stocks: What UBER, LYFT and DASH Investors Need to Know Today

Uber Technologies (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) are trading lower Monday after a California judge ruled that classifying gig workers as independent contractors rather than employees is unconstitutional.  Alameda County Superior Court Judge Frank Roesch found Proposition 22 to be unenforceable because of a section that "limits the power of a future legislature to define app-based drivers as workers subject to workers' compensation law.

Why Uber And Lyft Shares Are Trading Lower Today

The move is a hard hit to gig economy companies that have lobbied for the measures to pass in order for their business models to keep operating as normal.

Lyft and Uber shares down after court says California gig worker push is unconstitutional

The companies' stock fell in premarket trading after a California judge struck down a law allowing the companies to classify drivers as contractors rather than employees.

Uber Stock, Lyft Fall as California Prop 22 Ruled Unconstitutional

In a blow for Uber and Lyft, a California court has ruled that a 2020 ballot measure making it so rideshare and food delivery drivers were not able to be included in a state labor law is unconstitutional, The Sacramento Bee reported. The measure, called Proposition 22, was passed with 58 percent approval from voters.

California Judge Strikes Down Gig Worker Exemption From Labor Law

The measure classifies gig workers as contractors rather than employees.

Uber and Lyft's Proposition 22 is unconstitutional, judge rules

Uber Technologies, Lyft, DoorDash, Instacart and other app-based companies funneled more than $200 million into support for Proposition 22, which recused their businesses from treating drivers as employees under state law.

Judge Shoots Down Law That Kept Uber and Lyft Drivers From Being Employees

California Superior Court Judge Frank Roesch ruled that Proposition 22, a measure that denied ride-share app drivers benefits, was unconstitutional.

California judge sides with ride-share app drivers in blow to Uber, Lyft

Proposition 22 exempted ride-hailing and food delivery companies from complying with state laws on minimum wage, healthcare, and unemployment benefits.

California judge rules Prop 22 unconstitutional, dealing blow to gig worker initiative backed by Uber and Lyft

A judge Friday shot down a law that would have allowed app-based companies to continue treating drivers as contractors instead of employees in California, ruling unconstitutional a proposition passed by voters after a record-breaking campaign.

Judge shoots down landmark law that kept Uber and Lyft drivers from being employees

It's a setback for gig companies after the ballot measure, which they heavily supported, was passed by California voters late last year.

California Judge Strikes Down Ballot Measure That Let Uber, Lyft Treat Drivers As Contractors

These companies prove that managing the needs of multiple stakeholders is not an easy task.

Here's Why I'm Still Not Buying Uber or Lyft

The Amazon business model of undercharging and overproducing to gain scale at the expense of profits is beginning to show its limits. Uber and Lyft are in an alterable cycle of driver, customer and platform costs that eat into almost all their bookings.

Uber And Lyft: The Limits Of The Amazon Model

AMC Entertainment

Switzerland's central bank more than quadrupled its stake in AMC Entertainment stock, bought more Uber shares, initiated a stake in Lyft, and sold McDonald's stock in the second quarter.

Swiss National Bank Scooped Up AMC Stock. It Also Bought Uber and Lyft.

Drivers are returning to Uber Technologies Inc. UBER, -2.35% and Lyft Inc. LYFT, -0.59% after the companies spent big on incentives to address a pandemic-driven labor shortage. That shift isn't bringing down fares from record highs, new data show.

The Wall Street Journal: Uber and Lyft price at records even as drivers return

Etsy

Moderna

Last week was another busy earnings week for Wall Street, so let's review some of the highlights in this version of Market360. The post Major Earnings Results from This Week appeared first on InvestorPlace.

Major Earnings Results from This Week

The shares of LYFT Inc (NASDAQ: LYFT) have received a price target increase from $80 to $88. These are the details.

LYFT Stock Price $88 Target From Citi

The fares of Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) in the U.S. are at a record high, despite their drivers returning to work. The fares have risen month-to-month from February through July, WSJ reports quoting Rakuten Intelligence's data.

Uber, Lyft Drivers Are Back To Work, But Prices At Record High

Lyft finally showed positive adjusted Ebitda in the second quarter, while Uber promises it by the end of the year, but none of it is worth cheering as companies continue to run businesses with little hope of turning an actual profit anytime soon

MarketWatch First Take: Uber and Lyft are staging a ridiculous race for fake profits

LYFT Inc (NASDAQ:LYFT) shares are trading higher, rebounding after the stock sold off amid volatility following second-quarter earnings. Lyft reported quarterly losses of 76 cents per share which missed the analyst consensus estimate of a loss of 24 cents per share.

What's Happening With Lyft's Stock Thursday?

Investing for growth is a strategy that pays dividends — eventually. Maybe. But once the cash is spent, once the dollars allocated toward marketing, product development — you name it — what comes as return on investment, especially for the ride-hailing companies, might be less than appetizing, at least for Wall Street.

Uber And Lyft's Strategies Diverge To Ride Economic Recoveries

Lyft Inc (NASDAQ: LYFT) reported a strong revenue beat in its second quarter results which helped the ride-hailing company become EBITDA profitable for the first time ever. In a note sent to clients following the earnings release, RBC Capital Markets' Brad Erickson maintained an Outperform rating on Lyft's stock with an unchanged $70 price target.

News for Lyft Stock (LYFT)