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.

Lyft's NASDAQ: LYFT efforts to improve efficiency while accelerating growth have caused a shift in sentiment that points to a double-digit upside for this stock. The latest results and guidance weren't a blow-out but still stronger than expected, leading the analyst to upgrade the stock and raise their targets.

Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half

Uber

Ride-sharing companies Uber (UBER) and Lyft (LYFT) have been pushed to pay drivers more in states across the country, with the latest pay increases coming Thursday in Massachusetts.

Uber and Lyft Agree to Raise Driver Pay in Massachusetts

Ride-share companies sign off on $175m settlement that will give workers paid sick leave and other protections

Uber and Lyft agree to minimum pay and benefits for Massachusetts drivers

Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office's multiyear litigation against the ridesharing companies. The settlement includes rules on wages, benefits and protections for drivers, the office said in a Thursday (June 27) press release.

Uber and Lyft Settle Massachusetts Lawsuit, End Ballot Initiative

Ride-share giants Uber Technologies Inc (NYSE:UBER, ETR:UT8) and Lyft Inc (NASDAQ:LYFT) have agreed to adopt a $32.50 hourly minimum wage for their drivers in Massachusetts and pay a $175 million penalty to settle a lawsuit brought on by the state's attorney general which alleged the companies violated its wage and hour laws.   The agreement requires Uber to pay $148 million and Lyft to pay $27 million to the state, with at least $140 million to be paid to drivers, a court filing shows.

Uber, Lyft agree to pay Massachusetts drivers $32.50 per hour to settle lawsuit

Minnesota's new wage law for ride-hailing drivers could affect Uber and Lyft, influencing pricing. Uber's robust market position and rising trip volumes make it a promising long-term investment in the ride-hailing industry, despite such challenges.

Are Uber and Lyft Still Top Stocks to Buy in 2024 Following the Minnesota Wage Issue?

BOSTON — Drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour under a settlement announced Thursday by Massachusetts Attorney General Andrea Campbell, in a deal that also includes a suite of benefits and protections.

Uber and Lyft agree to pay drivers $32.50 an hour in Massachusetts settlement

The deal, which includes a $175 million settlement with the state, keeps the drivers classified as independent contractors, not employees.

Uber and Lyft Agree to Increase Driver Benefits in Massachusetts

Uber Technologies and Lyft agreed to pay ride-share drivers in Massachusetts a minimum wage and give them other benefits while continuing to classify them as independent contractors, the latest development in the companies' nationwide fight to defend their gig-worker models.

Uber, Lyft Agree to Minimum Wage, Other Benefits for Drivers in Massachusetts

Airbnb

Lyft is rapidly improving its financials, and its business is growing steadily. Airbnb is refining its platform offerings to keep hosts and guests coming back.

2 Monster Growth Stocks to Buy Right Now and Hold for Years

It is one thing when a single Wall Street analyst decides to boost a price target on a stock; investors may or may not want to pay attention to that single view. However, it is a different trend when several analysts come together to boost a stock.

Wall Street Analysts are Bullish on Lyft Stock: Here's Why

J.B. Hunt Transport Services

SkyWest

Transportation plays a vital role in our current interconnected global economy. From shipments of goods abroad to travels across cities, states, and even countries, transportation represents a wide array of services.

The 3 Best Transportation Stocks to Buy in June 2024

Occidental Petroleum

It's no surprise that trading alongside other investors facilitates confidence. After all, there's safety in numbers.

Contrarian Coups: 3 Stocks Staging a Revolution Against Conventional Wisdom

Affirm

Aurora Innovation

Guess?

Oshkosh

Qualys

For investors seeking to give their portfolio a jumpstart, so-called hidden-gem growth stocks may have plenty to offer. By that, I'm talking about companies that are not exactly favored by Wall Street.

7 Hidden-Gem Growth Stocks Ready to Rocket

Rideshare companies are thriving in a post-pandemic world.

Should You Buy Lyft Stock Right Now?

Rideshare operator Lyft Inc. NASDAQ: LYFT made bold 2027 growth projections for its Investor Day, which caused shares to gap up to $17.29 initially but failed to sustain the move. The number two rideshare provider in the country is trying to close the gap with its number one competitor, Uber Technologies Inc. NYSE: UBER.

Lyft Stock Gap and Craps on Bold 2027 Guidance at Investor Day

LYFT anticipates gross bookings compound annual growth rate of almost 15% between 2024 and 2027.

LYFT Stock Moves Higher on Encouraging Targets for 2027

Shares of the ride-hailing firm saw bullish analyst upgrades after an upbeat investor day, but most remain on the sidelines.

Lyft's Upbeat Guidance Has Wall Street Hopeful but Wary

Lyft Inc (NASDAQ:LYFT) has been upgraded by analysts at the Bank of America following its inaugural Investor Day event where it projected strong growth across bookings, earnings, and free cash flow ahead of Wall Street analysts' estimates. The analysts upped their rating on the stock to ‘Buy' and awarded Lyft a price objective of $20.

Lyft upgraded on positive bookings outlook, expansion of media business

Lyft stock is trading higher Friday after the ride-sharing firm provided 2027 financial targets at its first-ever Investor Day. Here's what you need to know.

Lyft Stock Gets a Lift on Long-Term Financial Targets

Ridesharing name  Lyft Inc   ( NASDAQ:LYFT) projected 15% annual growth in gross bookings, as well as $400 million from its advertising business through 2027 during its first investor day.

Lyft Stock Higher on Lofty Annual Growth Projections

Minneapolis cracked a deal with the companies, but it preserves integral parts of their model, allowing the firms to undermine the compromise later

Uber and Lyft made a deal to raise drivers' wages. It was another victory for big tech | Edward Ongweso

Shares of Lyft Inc. were up Thursday after the ride-hailing service forecast growth in a key demand metric through 2027, albeit while leaving its outlook for this year unchanged.

Lyft offers up ‘long-awaited' long-term forecast — and this key metric could hit $25 billion, analyst says

Lyft (LYFT) shares gained Thursday as the ridesharing company gave an optimistic long-term outlook at its first investor day.

Lyft Sees Bookings, Ad Business Jumping Over the Next Few Years

Lyft announced new targets for 2027 at its Investor Day conference, calling for steady growth. The company reaffirmed its guidance for the second quarter and rest of the year.

News for Lyft Stock (LYFT)