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

"They may have won this round, but we're in this for the long haul," says ride-hail driver Cherri Murphy.

Uber and Lyft's Proposition 22 passed, but that's just the beginning

The passage of the state's Proposition 22 is a huge win for gig economy companies—and a devastating loss for labor advocates. Last night, Californians decided that gig economy workers, like Uber drivers and Postmates deliverers, should be classified as contractors, not employees.

California's vote to keep Uber drivers as contractors is a blow to the labor movement

Uber and Lyft are big winners as a result of California's Prop 22 decision on independent contractors, but freelancers across all professions may be relieved.

What Uber, Lyft Prop 22 win could mean for the future of all freelance work

The passage of a California ballot measure that lets gig-economy companies continue to classify their workers as contractors is a positive sign for Uber Technologies Inc. and Lyft Inc. that goes beyond the state of California, analysts say.

The Ratings Game: Uber and Lyft stocks surge as California contract-worker ballot win sets national precedent, analysts say

California passes Proposition 22, giving these stocks a lift.

Why Uber and Lyft Stocks Just Popped 10% (and More)

By a margin of 58.4% to 42.6%, California voters on Tuesday overturned a state law known as AB5 that would have forced Uber Technologies Inc.

What California Win Means for Uber, Lyft and Other Delivery Services

On Tuesday (Nov. 3), California voters gave the nod to statewide ballot initiative Proposition 22, which allows app-based companies, such as ride-hailing firms and other gig economy firms, to classify workers as contractors rather than employees. The vote was not even close, as 58 percent of voters approved of the measure.

Prop 22 Thumbs-Up Keeps Uber/Lyft Workers As Contractors In California

But gig workers will still be offered minimum wages and certain other benefits.

California Voters Spare Uber, Lyft From Classifying Drivers as Employees

Uber and Lyft's stock prices soared Wednesday after California voters allowed the ride-hailing giants to continue treating their drivers as independent contractors instead of employees.

Uber, Lyft shares surge after key ballot win in California

Voters were deciding on California's Proposition 22, a ballot measure that Uber and Lyft were using as a last hope in the state to continue operating as normal.

Uber jumps 13%, Lyft rallies 16% after Californian's vote to exempt them from state labor law

LYFT's Q3 performance is expected to have been hurt by low ride volumes amid ongoing coronavirus concerns. However, cost-reduction efforts are anticipated to have aided performance.

Will Coronavirus-Led Rides Weakness Mar Lyft (LYFT) Q3 Earnings?

Shares of American ride-hailing giants Uber and Lyft are sharply higher in pre-market trading this morning on the expected passage of Proposition 22, a California ballot measure that allow tech-enabled, on-demand companies to continue classifying gig-workers as independent contractors. Shares of Uber are up 11.88% in pre-market trading, while shares of Lyft — which is […]

Shares of Uber, Lyft soar on expected passage of California gig-labor ballot measure

Proposition 22, designed to push back against AB5 in California for app-based drivers like those at Uber or Lyft, passed comfortably in Tuesday's election. The vote was not close; prop 22 passed with about 58% of the vote.

Prop 22 wins in California; takes Uber, Lyft and other drivers out from under AB5

Shares of Uber Technologies Inc and Lyft Inc jumped in premarket trading on Wednesday, as Wall Street cheered the app-based firms' projected victory in their battle to set the terms of the gig economy they have helped create.

Uber, Lyft shares jump as California set to pass gig-worker ballot measure

Voters in California approved Prop 22, denying gig workers the benefits of full employees.

Uber and Lyft win major victory as Proposition 22 passes

Uber and Lyft shares soared in pre-market trading on Wednesday after California voters flashed the green light for the ride-hailing companies to continue classifying their drivers as independent contractors instead of employees. Uber stock surged as much as 16%, while Lyft stock soared as much as 19%. About 6.6 million votes, or 58% of the total, were cast in favor of Proposition 22, according to the New York Times.

Uber and Lyft shares soar after Californians approve Prop 22, allowing ride-hailing companies to continue classifying their drivers as contractors

Measure was backed by some of Silicon Valley's most powerful tech companies and became most expensive proposition campaign in state history

California passes Prop 22 in a major victory for Uber and Lyft

A proposition that would have forced companies like Lyft and Uber to treat workers as employees was rejected by California voters.

Lyft and Uber projected to prevail in pricey Prop 22 fight over worker designation

The victory of Proposition 22, the most expensive initiative in the state's history, could help gig companies remake labor laws throughout the country.

Uber and Lyft Drivers in California Will Remain Independent

Uber, Lyft, Doordash and Instacart spent $204 million backing the ballot measure, making it the most expensive initiative in California history.

Uber, Lyft Drivers In California To Remain Independent Contractors After Prop. 22 Victory

Uber, Lyft, Instacart, DoorDash — the major backers of California's Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass.

CA ballot measure that keeps gig workers as independent contractors is projected to pass, according to the AP

The ballot measure had essentially become one of Uber and Lyft's last hopes in the state to continue their status quo operations.

Uber and Lyft expected to prevail in California ballot measure exempting them from state labor law

The ballot measure campaign to decide the status of gig workers in California is in its final hours.

Uber and Lyft's Proposition 22 heads to the polls

Uber and Lyft rallied Tuesday ahead of a pivotal vote on a California ballot measure focused on the gig economy. The post Uber, Lyft Face Moment Of Truth In California Tonight appeared first on Investor's Business Daily.

Uber, Lyft Face Moment Of Truth In California Tonight

Lyft (LYFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Lyft Stock (LYFT)