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.

Occidental Petroleum

Super Micro Computer

For the best meme stocks to buy, it's all about stocks that have become popular lately with retail traders, and at the same time have attributes that make them worthy of consideration based on fundamentals, not merely hope and hype. Among the most popular stocks among Reddit's r/WallStreetBets community, a few names fit both criteria.

The 3 Best Meme Stocks to Buy in February 2024

Chipotle

Barrick Gold

Stocks continue to rise and fall based on the earnings reports of the companies behind the securities. It makes for a dramatic time in the market with lots of overreactions occurring both good and bad.

3 Stocks to Buy Hand Over Fist After Blowout Earnings

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 5, 2024 in San Francisco, CA. Brewer is scheduled to appear at 1:20 p.m. Pacific Standard Time. A live webcast of the event will be available on the investor relations section of the Lyft website at http://investor.Lyft.com. About Lyft Lyft is one of the largest.

Lyft CFO to Participate in Fireside Chat Hosted by Morgan Stanley

Wall Street continued to raise its price targets. The company seems well on its way to profitability.

Why Lyft Stock Was Climbing Again Today

LYFT's revenues grow y/y on increased active riders.

LYFT Q4 Earnings & Revenues Beat, Gross Bookings Rise Y/Y

Lyft said stadium rides last year got a "lift" from high-demand concerts and sporting events. Such events include Taylor Swift and Beyonce concerts, as well as football games.

Lyft rides boosted by Taylor Swift, Beyonce, sporting events in 2023

Uber

Getting there has been a bumpy ride. Analysts want to see if the companies can sustain it.

Have Uber and Lyft Finally Found a Way to Make Ride-Sharing Profitable?

A typo in Lyft's earnings report sent the ride-sharing platform's stock soaring on Tuesday, and the company's momentum continued Wednesday even after a correction was issued.

Lyft's earnings report typo sends shares soaring

Lyft CEO David Risher apologized for a typo that led to a 60% stock surge. He said it was his mistake and that the CFO's job is 100% safe.

Lyft CEO says 'unacceptable' earnings error was 'my bad'

Lyft's Q4 earnings came in much better than Wall Street expected. Due to a typo, the earnings press release initially stated in error that management was guiding for a huge boost to Lyft's adjusted EBITDA margins this year.

Why Lyft Stock Is Skyrocketing Today

Lyft CEO David Risher took responsibility for the major error that appeared in the company's earnings release late Tuesday.

Lyft CEO takes blame for 'extra zero that slipped' into earnings release

Drivers for Uber Technologies , Lyft and delivery workers for DoorDash were staging a strike on Wednesday, seeking fair pay and better treatment.

Uber, Lyft drivers strike across US, demanding fairer pay

Lyft on Tuesday said incorrectly in a statement that its gross margin was expected to rise by 500 basis points -- or 5% -- this year.

Typo in earnings report sends Lyft stock soaring 67% — then crashing: ‘A debacle of epic proportions'

Uber, Lyft and DoorDash drivers are striking on Valentine's Day as they battle for better pay. However, it hasn't affected investors' sentiment all that much, with shares in all three trading higher.

Uber and Lyft Valentine's Day strikes fail to dent shares

Uber and Lyft's most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there's a core focus for both firms: That would be matching the supply and demand for movement, of course, for drivers and customers to link up across platforms.

Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility

Shares in ride-sharing company Lyft (NASDAQ: LYFT ) are rising 35% so far today despite the firm making a big mistake on its forward guidance. LYFT stock briefly jumped 60% after a press release on earnings goofed on describing future margin expansion.

LYFT Stock Jumps 35% Despite False Guidance Scare

It's time to pull out of Lyft Inc (NASDAQ: LYFT) that is up more than 35% on Wednesday, says Michael Morton – a MoffettNathanson analyst.

Is Lyft stock worth buying after the earnings report error?

Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo in the ride-hailing company's earnings release that appears to have sent investors' auto-trading algorithms—or "bots"—into a buying frenzy.

One too many zeros: Lyft shares rocket 62% on earnings typo that led to likely bot-buying frenzy

Shares of Uber and Lyft skyrocketed Wednesday after both firms projected stronger financial growth than expected, though Wall Street remains far more convinced about Uber's prospects than Lyft's.

Uber Stock Hits Record High, Lyft Has Best Day Ever In $18 Billion Ride Hailer Coup

The shares of LYFT Inc (NASDAQ:LYFT) are trading at their highest level since Dec. 18 this morning, last seen 30.4% higher to trade at $15.82 following a better-than-expected fourth quarter report from the ride share company.

Lyft Stock Breaks Out After Earnings Beat

Margin growth may not be surging tenfold in 2024, but the outlook on riding-hailing firm Lyft Inc (NASDAQ:LYFT) is rosy regardless. The US-listed mid cap erroneously reported a forecasted gross margin improvement of 500 basis points during its fourth-quarter earnings call on Tuesday, one zero more than the actual 50bps figure.

Tenfold margin increase or not, Lyft has a scenic drive ahead - analyst

Lyft's rides to stadiums rose 35% year-over-year, driven by events including Taylor Swift and Beyoncé concerts.

Forget Lyft's Earnings Typo. How Taylor Swift Helped the Ride-Hailing Stock Pop.

Lyft shares surged more than 21% on Wednesday before the bell after the ride-hailing company said cost cuts would help it generate positive free cash flow for the first time in 2024 and posted market-beating quarterly profit.

Lyft rises as cost cuts to drive positive free cash flow in 2024

The company said it had made a major error in a press release reporting its latest results, but nonetheless outperformed analyst estimates.

Lyft shares up 16% in premarket trade, retaining some gains after forecast error

Thousands of U.S. ride-hailing workers plan to park their cars and picket at major U.S. airports Wednesday in what organizers say is their largest strike yet in a drive for better pay and benefits.

News for Lyft Stock (LYFT)