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

Investors expect California voters tomorrow to pass Proposition 22, which would allow the ride-sharing companies to maintain their business model.

Uber and Lyft rise as investors expect California voters to pass Prop 22

In California, a state ballot vote tomorrow (Nov. 3) will likely have seismic reverberations for gig economy companies and the millions of individuals and families who rely on them as economy lifelines in the midst of a pandemic. Proposition 22 (Prop 22) is a measure that would exclude app companies from a new law in […]

Prop 22: California Sets Referendum On The Gig Economy

On Tuesday, California voters may determine Uber and Lyft's future in the country's most populous state. They'll weigh in on Proposition 22, a ballot measure that, if it passes, would exempt Uber, Lyft and other "app-based rideshare and delivery companies" from having to classify their drivers in the state as employees, instead of independent contractors. That's an important distinction, because employees are eligible for the minimum wage, workers' compensation, paid sick leave, and other benefits that give them more security while also making them more expensive for their employers. 

Uber and Lyft are considering huge price hikes, franchise models, and exodus if California voters make them classify drivers as employees (UBER, LYFT)

The ballot measure campaign has been touting studies that show data favorable to the gig economy companies, but how independent are they?

Uber and Lyft paid $400K to firm conducting 'independent studies' on Proposition 22

Gig-work companies like Uber, Lyft, and DoorDash are fighting for their lives in California. On Thursday evening, the consortium fighting to pass Prop. 22 — thereby avoiding classifying workers as employees under state law — crossed the $200 million milestone on campaign spending. A final $3.75 million from DoorDash pushed total spending past the symbolic milestone to about $203 million, Politico reported Thursday.

Uber, Lyft, and Doordash have now spent more than $200 million on Prop. 22 — but there's still no guarantee it'll pass (UBER, LYFT)

NEW YORK, Oct. 30, 2020 /PRNewswire/ -- On October 26th, Plus1Vote – a nonprofit organization dedicated to getting out the vote and improving representation of young people and people of color in our democracy – launched a campaign to provide free Lyft rides to the polls to those without...

Plus1Vote Provides FREE Lyft Rides to The Polls

Caroline Samponaro, head of transit and micromobility at Lyft, hopes that the changes made around the globe when it comes to transportation  during the coronavirus pandemic will stick around long-term.  "When we think about where we go from here, of course, we hope we get back to some sort of routine that is somewhat normal, but we don't have to leave behind the great things that we've done, the creative things that we've done,"  Samponaro said during Business Insider's IGNITION: Transportation virtual live event last week.

Lyft's head of transit says cities should keep catering to bikes and scooters even after the pandemic

The apps feed a false promise of stability to immigrants and people of color. Instead, drivers receive low pay and no benefits

The racist business model behind Uber and Lyft | Erica Smiley

Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) are trading lower after California polls showed a tight race for Proposition 22, which would allow the companies to classify drivers as independent contractors rather than full employees. The ongoing battle between California and ride-hailing companies regarding whether or not drivers should be classified as employees instead of contractors raises concerns for investors regarding other states potentially following suit and how much would it cost the companies.

Why Uber And Lyft Are Trading Lower Today

Cinemark Holdings

Darden Restaurants

Live Nation

Regency Centers

Consider these five consumer stocks to buy as outside activities like date nights come back in vogue. The post 5 Consumer Stocks Ready to Rebound When Date Nights Return appeared first on InvestorPlace.

5 Consumer Stocks Ready to Rebound When Date Nights Return

In the past 30 days, Yes on Prop 22, backed by Uber and Lyft, has spent $3.7 million on Facebook ads in California.

Uber and Lyft are pouring millions of dollars into Facebook ads to protect their business in California

Welcome back to Human Capital! As many of you know, Human Capital is a weekly newsletter where I break down the latest in labor, as well as diversity and inclusion in tech.

Human Capital: Court ruling could mean trouble for Uber and Lyft as gig workers may finally become employees

California has become ground zero for gig worker status as a major lawsuit and a nearly $200 million ballot measure campaign heat up.

Uber and Lyft need to make drivers employees, appeals court rules

Uber and Lyft must classify their drivers as employees, an appellate court ruled yesterday evening. However, the decision will be stayed for 30 days after the court issues the remittitur, which has not happened yet.

CA appeals court upholds ruling that Uber and Lyft must classify drivers as employees

A California appeals court said Uber and Lyft must treat their drivers there as employees, handing the ride-hailing giants another defeat in a legal battle that could upend their business. The Thursday ruling came as the Silicon Valley firms urged California voters to exempt them from a state law meant to force companies to treat.

Appeals court rules against Uber, Lyft in California driver fight

Ridesharing outfits have about 30 days to comply.

California Appeals Court Says Uber and Lyft Must Classify Drivers as Employees

The ruling doesn't go into effect until after the Nov. 3 elections where voters will decide on a ballot measure backed by the ride-hailing companies.

Uber And Lyft Lose Appeal Against California Labor Law, Ordered To Classify Drivers As Employees

A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber Technologies Inc and Lyft Inc , saying they must reclassify their drivers in the state as employees.

California appeals court rules Uber, Lyft must reclassify drivers as employees

In a setback for ride-hailing companies Uber Technologies Inc (NASDAQ: UBER) and LYFT Inc (NASDAQ: LYFT), a California appeals court ruled on Thursday that the companies must comply with August's injunction order requiring them to reclassify the drivers as their employees, reports the Wall Street Journal. The order will not go into effect right away and the Proposition 22 ballot measure on Nov. 3 could still exempt the companies from this order.

Uber, Lyft Must Classify Drivers As Employees, California Appeals Court Rules

In a blow to Uber and Lyft, a California appeals court said Thursday that the companies must reclassify their drivers as employees rather than independent contractors, affirming an earlier court decision.

Uber and Lyft must reclassify drivers as employees, appeals court finds

Ruling deals blow to firms' battle against AB5, which requires companies give California drivers minimum wage and benefits

Uber and Lyft 'likely broke law' by classifying drivers as contractors, court rules

With a major lawsuit and a nearly $200 million ballot measure campaign, California has become ground zero for gig worker status.

California appeals court: Uber and Lyft likely misclassified drivers as contractors

An upcoming ballot measure could still undermine the entire case.

Uber and Lyft face setback in case to reclassify workers, but it's far from over

The ruling adds new urgency to a ballot measure in the state that would exempt the companies from a new labor law intended to give gig workers more employment rights.

Appeals Court Says Uber and Lyft Must Treat California Drivers as Employees

PayPal

Lyft riders will soon have the option for paying and splitting fares using Venmo, the company said in a blog posting this morning. Venmo joins Lyft's other payment methods of PayPal, credit cards, debit cards, Lyft Cash and more.

News for Lyft Stock (LYFT)