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 Massachusetts state court on Thursday rejected requests by Uber and Lyft to dismiss a lawsuit accusing the companies of illegally misclassifying their drivers as independent contractors. The lawsuit, brought by the Massachusetts state attorney general Maura Healey in July, alleged the companies have denied drivers benefits and workplace protections guaranteed to employees by instead classifying them as contractors.

Court rules Uber and Lyft must face worker-misclassification lawsuit from Massachusetts' attorney general

Match Group

Tinder is teaming up with Lyft in preparation for the return of in-person dating.  The dating service said Monday it will allow users to gift Lyft rides to dates directly through the Tinder app. Lyft already lets users request rides for friends, but the new feature will integrate that ability into Tinder's interface.

Tinder will let users gift Lyft rides to their dates through a new partnership

LYFT, which continues to recover from the coronavirus-induced slump, witnesses year-over-year growth in daily rideshare ride volume on Mar 17, for the first time in a year.

LYFT Witnesses Year-Over-Year Increase in Daily Ride Volumes

Lyft Inc. LYFT said late Monday that it is making leadership changes in its rideshare and engineering division. In a Securities and Exchange Commission filing, Lyft said that its vice president of rideshare and engineering, Eisar Lipkovitz, was stepping down from that position and would keep serving as vice president of revenue and marketing operations through May 31.

Lyft head of rideshare to depart

Blink Charging

QuantumScape

Tesla

Exxon Mobil

Zoom Video

Tortoise Acquisition Corp. II

Even as interest rates rise, high growth stocks aren't done yet. Firms that benefit from economic reopenings will see a second wave.

7 High-Growth Stocks to Ride the U.S. Reopening

Ride-hailing company Lyft Inc (NASDAQ: LYFT) expects positive weekly growth in its ride-share segment beginning this week through 2021 end triggered by the COVID-19 vaccine launch, Reuters reports. The company noted the highest volume in its app-based ride last week since March previous year leading to the favorable forecast.

Lyft Predicts Positive Weekly Business Growth Following Vaccine Rollout: Reuters

Ride-hailing company Lyft Inc said on Thursday it expects positive weekly growth in its ride-share segment beginning this week through the end of the year, as demand rebounds following the rollout of COVID-19 vaccines.

Lyft expects positive weekly ride-share growth beginning this week

Rideshare companies Lyft and Uber are beginning to rebound from their pandemic lows as Covid vaccines roll out and state restrictions are lifted.

Lyft says it just had the most riders in a single week since the pandemic started

Lyft is poised to benefit from pent-up consumer demand as the COVID-19 pandemic subsides and the economy reopens, according to a Wednesday note from Wedbush. Wedbush added Lyft to its "Best Ideas List" and raised its price target to $85 from $72, representing potential upside of 26% from Tuesday's close.

Lyft called 'best idea' at Wedbush with 26% upside as Wall Street craves reopening plays (LYFT)

He believes the ridesharing app will benefit from a reopened economy as more people are vaccinated.

Lyft Stock Has 33% More Lift From Here, Says Analyst

CrowdStrike

Lululemon Athletica

Virgin Galactic

One of the most common questions traders have about stocks is “Why Is It Moving?” That's why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro.

Is Now The Time To Buy Stock In Virgin Galactic, Lyft, CrowdStrike Or Lululemon?

The deployment of COVID-19 vaccines could boost ride-hailing company Lyft, says analyst Dan Ives.

Lyft shares to ‘move much higher' in 2021, says Wedbush Securities as it raises price target

Ride-hailing platform Lyft Inc (NASDAQ: LYFT) is expected to deliver a demand bounceback in 2021 as the coronavirus vaccine rollout accelerates to the masses by this summer and more companies resume work from the office and traveling picks up significantly, according to Wedbush Securities. The Lyft Analyst: Wedbush analyst Daniel Ives maintained his Outperform rating on the ride-sharing stock and raised the price target to $85 from $72.

Lyft 'On The Precipice Of A Demand Snapback:' Why Wedbush Sees Further Upside In 2021

Lyft is trying to overcome coronavirus hurdles. The vaccine rollout and anticipated ride-hailing revival have fueled shares.

Is Lyft Stock A Buy After Earnings, Amid Vaccine Rollout? Ride-Share Stock Up 30% So Far This Month

More than 27,000 drivers working for Uber and Lyft have received at least $80 million in government assistance during the pandemic, according to an analysis of government data by The Washington Post. As a group, the drivers were one of the largest beneficiaries of a government grant and loan program to support small businesses in times of severe economic turmoil, the Post reported, citing data from the Small Business Administration (SBA) released to a handful of publications under the Freedom of Information Act.

More than 27,000 Uber and Lyft drivers received a combined $80 million from the US government to help them get through the pandemic, according to a new report

Airbnb

YETI

SXSW 2021 is going digital, given that the pandemic is still a threat to live events. However, some stocks will definitely be mourning the loss of the in-person event this year.

3 Stocks Mourning the Loss of a Live SXSW

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (NASDAQ: LYFT) today announced new partners are joining its nationwide campaign to support access to the coronavirus vaccines. Two of Lyft's largest loyalty programs, Hilton and Delta Air Lines, are working with Lyft and, alongside founding partners, JPMorgan Chase and others, will mobilize their members to provide access to rides to vaccination sites to those in need. With the help of these and other partners, Lyft is offering individuals a way to sup

Hilton, and Delta Air Lines Partner with Lyft's Vaccine Access Campaign to Promote Funding Vaccine Rides for Those in Need

The two will cooperate on sharing data to better protect consumers.

Bitter Rivals Uber and Lyft Join Forces to Improve Ride-Hailing Industry

Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) have created a program to disclose information about drivers and delivery people deactivated from their platforms for serious offenses, Bloomberg reports. The ride-hailing companies would disclose information about drivers who have been deactivated for sexual assault, based on classification from the National Sexual Violence Resource Center, or murder under the Industry Sharing Safety Initiative.

Uber, Lyft To Share Deactivated Drivers Data To Improve Industry Wide Safety: Bloomberg

The two competing ride-hailing companies say they hope to stop abusive drivers from evading bans by jumping between their platforms.

Rivals Uber And Lyft Will Share Reports Of Sexual Assault By Drivers

Uber and Lyft have teamed up to create a database of drivers ousted from their ride-hailing services for complaints about sexual assault and other crimes that have raised passenger-safety concerns for years. The clearinghouse unveiled Thursday will initially list drivers expelled by the ride-hailing rivals in the US.

Uber, Lyft team up on database to expose abusive drivers

Uber Technologies Inc and Lyft Inc on Thursday said they would share with each other information on drivers and delivery workers they had banned from their platforms for the most serious incidents in an effort to boost safety.

Uber, Lyft agree to share info on banned drivers in safety push

Uber and Lyft have largely operated in silos when it comes to deactivating drivers over the most severe reports of safety incidents, potentially allowing bad actors to hop from one platform to the other.

Uber and Lyft to finally share names of drivers deactivated over sexual assault and other serious incidents

Lyft's operating expenses, future revenue projections and less than spectacular profitability plan make LYFT stock an unattractive investment. The post Lyft Stock Still Raises Far Too Many Red Flags appeared first on InvestorPlace.

Lyft Stock Still Raises Far Too Many Red Flags

Lyft reflects all the recent good news, and then some. LYFT stock is fully valued at 52 times 3 years forward earnings, despite recent news on rideshare volumes.

News for Lyft Stock (LYFT)