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.

The company is pushing voters to support a November ballot measure, which would help it resume operations.
Ride-hailing companies Uber and Lyft continue their battle with the state of California over the classification of drivers.

California countdown begins as Lyft threatens to shut down tonight at 11:59 p.m.

Lyft will suspend service in California tonight after a state judge ruled last week that ride-share companies must reclassify drivers as full-time employees.
The post Lyft To Shut Down In California After Court Ruling On Drivers appeared first on Investor's Business Daily.

Lyft To Shut Down In California After Court Ruling On Drivers

The rideshare company is responding to a court ruling that would require it to reclassify drivers as employees.

Lyft to Suspend California Operations

Company announced suspension in blogpost as it awaits landmark decision which would enforce labor law AB5

Lyft to suspend services in California over order to classify drivers as employees

AB-5, which was passed last year, requires gig companies to make independent contractors employees with benefits.

Lyft Suspends Service In California As Fight Over Labor Law Intensifies

Lyft (NASDAQ: LYFT) shares traded lower on Thursday after the company announced it will suspend ridesharing operations in California at 11:59 p.m.

Lyft To Suspend Ride Service In California

Uber

Uber and Lyft could be hours away from shutting down rideshare services in their home state of California amid a heated legal battle over a new law impacting how much of the on-demand economy classifies its workers.

Uber and Lyft prepare to shut down in California over new law

Shares of ride-hail giant Lyft plummeted more than 6.5 percent after it announced it will suspend service in California at the end of the day Thursday following a judge’s ruling that it misclassified its drivers. The rideshare company is bowing out of its largest market after a judge ruled it had violated the state’s Assembly.

Lyft to shut down in California by the end of Thursday

Uber Technologies Inc and Lyft Inc are preparing to suspend their ride-hailing services in California beginning on Friday morning unless an appeals court rules at the last minute they cannot be forced to treat their drivers as employees, rather than independent contractors.

Uber, Lyft prepare to shut down California rides service on Friday

Lyft Inc on Thursday said it will suspend its ride-hailing services in California at midnight as a court order takes effect forcing the company to treat its drivers as employees, rather than independent contractors.

Lyft to suspend California rides services at midnight: blog post

The move comes after a judge ruled that ride-hailing companies must classify their drivers as employees.

Lyft to suspend ride-hailing in California

The companies, under legal pressure to reclassify their drivers as employees, said they would halt rides unless an appeals court gives them permission to continue.

Uber and Lyft Threaten to Shut Down in California

Shares of both Uber Technologies Inc. UBER, -2.27% and Lyft Inc. LYFT, -6.31% sank toward multi-month lows in midday trading Thursday, ahead of a midnight deadline in California that would require the ride-hailing services to classify their drivers as employees, rather than independent contractors.

Uber, Lyft stocks sink to multi-month lows ahead of midnight deadline

Last week, a judge granted the state's request for a preliminary injunction requiring Uber and Lyft to reclassify drivers as employees.

Lyft will suspend service in California after ordered to classify drivers as employees

Lyft has decided to suspend its ridesharing operations in California beginning tonight at 11:59 pm PT. “We don’t want to suspend operations,” Lyft wrote in a blog post.

Lyft is suspending rideshare operations in California

Easing of restrictions boosts Lyft's (LYFT) ride volumes. However, COVID-19 woes hurt.

Lyft Witnesses Revival in Ride Volumes Amid Coronavirus Woes

Uber and Lyft executives said they would likely have to temporarily suspend service in the state if forced to comply with a new labor law.

Uber and Lyft competitors prepare to pounce on market share if the industry leaders suspend service in California

Ridesharing stocks are already risky bets due to their uncertain outlooks. But California's new AB-5 law has created chaos for LYFT stock.

How California Is a Big Problem for Lyft

Companies threatened to shut down operations over a court ruling ordering them to classify their drivers as employees by 20 August

California Uber and Lyft drivers brace for shutdown over worker classification

Profits? Lyft stock doesn't have any to speak of yet. What it does have is hype -- but hype can only take a company so far.

Lyft Stock Is On a One-Way Trip to Nowhere

A judge in San Francisco Superior Court last week granted a temporary injunction to the state and three of its largest cities that would require Uber Technologies Inc.

Uber, Lyft Still Looking for Ways Around California Law

Drivers would work for vehicle fleet owners licensing the platforms of the ridesharing apps.

Uber and Lyft Consider Operating Franchises to Bypass California Law

Both companies have warned that they may have to suspend operations in California if the order is not reversed.

Uber, Lyft Explore Licensing Brands To Independent Taxi Fleets To Skirt CA Law: Report

Under pressure to classify their freelance drivers as full-time employees, the ride-hailing companies are discussing another option.

Uber and Lyft Consider Franchise-Like Model in California

When faced with tough legislation over the years, Lyft and especially Uber relied on a tried and tested playbook: threaten to suspend service in the area. The threat, which the companies would sometimes follow through on, appeared designed to rile up customers and drivers, and put more pressure on lawmakers.

News for Lyft Stock (LYFT)