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

Uber stock is slumping as the rides and delivery company is set to publish Q2 earnings.

Uber Earnings On Deck Amid Consumer Spending Concerns, Autonomous-Vehicle Debate

Burberry Group PLC

Vinci SA

We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. NexGen Energy Ltd. is seen as having potential catalysts for growth, including a federal commission hearing and US legislation banning Russian uranium imports. Extra Space Storage Inc. demonstrates impressive dividend growth and a strong position for REIT recovery according to Wise Bull.

Undercovered Dozen: Burberry, Vinci SA, Lyft, PureCycle +

Star Bulk Carriers

Symbotic Inc

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Top 3 Industrials Stocks That Could Blast Off This Month

Lyft (LYFT) closed the most recent trading day at $11.95, moving -1.24% from the previous trading session.

Lyft (LYFT) Registers a Bigger Fall Than the Market: Important Facts to Note

Lyft stock has underperformed this year despite strong financial performance and a high net cash position. Management has outlined ambitious 2027 targets that see the company sustaining aggressive top-line growth alongside expanding profit margins. The stock is trading at a steep discount compared to close competitor Uber, presenting high potential upside if management executes against its targets.

Lyft: First Wait For The Profits, Then Brace For The Upside (Rating Upgrade)

The California Supreme Court ruled Thursday (July 25) that gig workers can be classified as independent contractors, ending a long legal battle in the state.

Uber, Lyft Applaud California Supreme Court Ruling on Gig Workers

A California court has ruled that companies like Uber and Lyft can continue to treat their workers as independent contractors rather than employees.

Uber and Lyft win court battle: Drivers to remain classified as independent contractors

SAN FRANCISCO , July 25, 2024 /PRNewswire/ -- Today, Everlance and Lyft announce a strategic partnership to better serve the rideshare driver ecosystem. This collaboration involves Everlance, an industry leader in providing tools for mobile workers, and Lyft (NASDAQ: LYFT), one of the largest transportation networks in North America, continuing to build and further the financial resources available to all drivers on the Lyft platform.

Lyft and Everlance Partner to Provide Tax Savings to Drivers

Rideshare giants Uber and Lyft can continue to treat drivers as independent contractors in California, the state supreme court ruled on Thursday, notching a significant win for the rideshare apps, even as those companies face growing pushback from labor groups.

Uber And Lyft Score Major Court Victory: California Drivers Will Remain Contractors, Not Employees

The court dismissed a lawsuit claiming the 2020 ballot measure known as Proposition 22, which preserves drivers' contractor status while granting them some benefits, was unconstitutional.

Uber, Lyft win major ruling in California as top court rejects bid to classify drivers as employees

DoorDash

The California Supreme Court ruled Thursday that Proposition 22 – the ballot measure that passed in November 2020 and classified app-based gig workers as independent contractors rather than employees – is here to stay.

Uber, Lyft, DoorDash can continue to classify drivers as contractors in California

Uber Technologies UBER 2.38%increase; green up pointing triangle, Lyft LYFT 0.44%increase; green up pointing triangle and other companies that depend on gig workers scored a victory with California's top court, affirming their independent-contractor model in the state, a decision that caps a yearslong legal battle over how their drivers should be classified.

Uber and Lyft Win California Ruling to Treat Drivers as Contractors

California's top state court on Thursday upheld a measure approved by voters allowing app-based services such as Uber and Lyft to consider drivers in the most populous U.S. state as independent contractors rather than as employees entitled to greater benefits.

California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors

The extension allows Lyft Direct cardholders to continue benefiting from free instant pay after every ride, a rich cashback rewards program, and more SAN FRANCISCO, Calif. and TORONTO , July 25, 2024 /PRNewswire/ - Lyft, Inc. (NASDAQ: LYFT), one of the largest transportation networks in North America, and Payfare Inc. (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA") company powering instant access to earnings and digital banking solutions for workforces, are excited to announce the long-term extension of their successful partnership on Lyft Direct.

Lyft and Payfare Announce Long Term Extension of Lyft Direct Program

Lyft has said the lawsuit was the last shareholder case arising from the IPO. Through Tuesday, Lyft's share price had fallen 83% since the offering.

Lyft settles lawsuit over sexual assaults by drivers —but top execs won't have to pay

Lyft will implement several safety and governance reforms to settle a shareholder lawsuit accusing the ride-sharing company's officers and directors of not doing enough to stop drivers from sexually and physically assaulting passengers.

Lyft officials settle lawsuit over sexual assaults by drivers

SAN DIEGO, July 24, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP (www.johnsonfistel.com), a shareholder rights law firm, announces its continuing investigation of whether certain directors and officers of Lyft, Inc. (NASDAQ: LYFT) breached their fiduciary duties to CRL and its shareholders.

LYFT INVESTIGATION ALERT: Johnson Fistel LLP Investigates Lyft's Directors and Officers for Breach of Fiduciary Duties

Lyft President Kristin Sverchek will leave the company as an employee on Aug. 20 after serving in leadership roles for 12 years. Sverchek will serve as a non-employee adviser to the company through Nov. 30, Lyft said in a Tuesday (July 23) filing with the Securities and Exchange Commission (SEC).

Lyft President Kristin Sverchek to Leave Company After 12 Years

The ride-hailing company said Sverchek's exit is not due to a disagreement within the company, its board of directors or management, and is not related to Lyft operations or policies.  Sverchek will be entitled to severance benefits, including a $650,000 cash payment.

Lyft president Kristin Sverchek to exit on Aug. 20

The rideshare service said Sverchek's exit is not due to a disagreement within the company, its board of directors, or management, and is not related to Lyft operations or policies.  Sverchek will be entitled to severance benefits, including a $650,000 cash payment.

Lyft president Kristen Sverchek to exit on Aug. 20

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the second quarter of 2024 before the open of the market on Wednesday, August 7, 2024. On the same day, Lyft will host a conference call at 5:15 a.m. Pacific Time (8:15 a.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived.

Lyft To Announce Second Quarter 2024 Financial Results

Needham analyst Bernie McTernan reiterated Uber Technologies Inc UBER with a Buy and a $90 price target.

Tesla Threat Reduced For Uber And Lyft , Stocks Also Benefit from Higher Prices and Shorter Wait Times: Analyst

Uber stock and Lyft shares both jumped after Bloomberg reported that Tesla plans to push back a much-heralded robotaxi event.

Uber, Lyft Jump After Report Of Tesla's Robotaxi Delay

In the ongoing rivalry between Uber Technologies Inc UBER and Lyft Inc LYFT, recent consumer trends indicate a clear winner.

Uber Vs. Lyft In 2024: Which Is Gaining Momentum With Consumers?

LYFT's top line gains from the improving rideshare demand. However, the company grapples with high operating expenses.

News for Lyft Stock (LYFT)