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 ride-sharing company provided upbeat long-term guidance ahead of a meeting with analysts.

Lyft Stock Is Rising. Bookings Growth Looks Solid Through 2027.

Lyft Inc (NASDAQ: LYFT) opened about 10% this morning after revealing financial targets for 2027 at its first investor day.  What Lyft expects to achieve by 2027 The ride-hailing company now expects its gross bookings to grow some 15% annually through 2027.

Lyft says its gross bookings will grow 15% annually through 2027

Lyft stock jumped in morning trading after the company published long-term targets for bookings and adjusted profits.

Lyft Stock Jumps After Ride-Hail Company Offers Long-Term Guidance

Lyft is targeting 15% annual growth in gross bookings through 2027, the ride-hailing firm said at its inaugural investor day, adding that it expects gross bookings from its nascent advertising business to increase eight-fold in the same period.

Lyft forecasts 15% annual growth in gross bookings through 2027

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (NASDAQ: LYFT) (the “Company” or “Lyft”) will host its first Investor Day today. The event will feature presentations by Lyft's CEO David Risher, CFO Erin Brewer, and other leaders from across the Company, who will discuss Lyft's plans for its next phase of profitable growth. The event will conclude with a live Q&A session. “Lyft's customer-obsessed strategy is working. Our execution keeps getting better, we're delivering industry-leading innovatio.

Lyft Provides 2027 Financial Targets at First Investor Day

Fiverr

Volatility continues to hit the market, but great businesses can stand the test of time. Fiverr is capitalizing on the ways in which AI is revolutionizing the freelance space.

2 Top Stocks That Could Explode in the 2024 Bull Market and Beyond

HOUSTON--(BUSINESS WIRE)--A Houston-area woman who was sexually assaulted and held at gunpoint while working as a Lyft driver has filed a lawsuit against the company. Attorneys at Blizzard Greenberg represent the victim, identified as J.W., in the lawsuit filed against Lyft and the attacker, Kenneth Kelley, who police say they later connected to a robbery ring responsible for a string of crimes against more than a dozen rideshare drivers. A federal grand jury in Houston recently indicted Kelley.

Woman Kidnapped, Assaulted While Working as Lyft Driver Sues Rideshare Company

Uber

Uber and Lyft drivers in Minnesota will see higher pay thanks to a deal between the state and the country's two largest ride-hailing companies. The upshot: a new law that gives some protections to drivers while placing limits on state government.

Uber and Lyft's ride-hailing deal with Minnesota comes with a cost

On Tuesday (May 21), the California Supreme Court will hear oral arguments in a lawsuit challenging a ballot measure known as Proposition 22.

California Supreme Court to Hear Challenges to Gig Worker Law

ST. PAUL, Minn. — Ride-hailing companies Uber and Lyft said Monday they will keep operating in Minnesota now that state lawmakers have passed a measure that will increase driver pay, but at a lower rate than approved by Minneapolis officials earlier this year.

Uber, Lyft won't leave Minnesota after all — and its drivers are getting a raise

Minnesota lawmakers reached an agreement Sunday on a bill that is designed to raise the pay rate for Uber and Lyft drivers working in the state.

Minnesota lawmakers reach deal to raise pay rate for Uber, Lyft drivers

ST. PAUL, Minn. — A plan to boost pay for Uber UBER, -0.58% and Lyft LYFT, -1.95% drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature on Sunday, hours before the deadline for lawmakers to pass bills before they adjourn.

Plan to boost pay for Uber and Lyft drivers in Minnesota advances in state Legislature

Lyft increased revenue by 28% in the first quarter. The company expanded its reach in the Canadian market and instituted a program helping pair women and nonbinary drivers and riders to increase feelings of safety.

4 Reasons Why Lyft Is on the Right Track

Ride-hailing platform Lyft said it wants to lift its driver's earnings. Earlier this year, the company introduced a new standard for drivers, ensuring they will always earn 70% or more on fares per week, after external fees.

Lyft Extends 70% Pay Standard to Drivers Nationwide

Instacart (Maplebear Inc.)

DoorDash

CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.

Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart

Uber and Lyft are facing a trial in Massachusetts over allegations that they misclassified their drivers as independent contractors instead of employees. The trial is part of a larger legal and political battle over the status of gig workers in the state and across the nation, Reuters reported Monday (May 13).

Uber, Lyft Head to Court as Massachusetts Challenges Driver Classification

Uber Technologies and Lyft are set to face trial on Monday in a U.S. lawsuit by Massachusetts' attorney general alleging the ride-share companies misclassified their drivers as independent contractors rather than more costly employees.

Massachusetts takes Uber, Lyft to trial over status of gig workers

RBC Capital raised its price target to $24 on Lyft following its Q1 earnings report. Industry competition is easing and Lyft's guidance looks beatable, according to RBC.

1 Wall Street Analyst Thinks Lyft Is Going to $24. Is It a Buy?

LYFT's first-quarter 2024 earnings and revenues improve year over year.

LYFT Q1 Earnings & Revenues Beat, Gross Bookings Rise Y/Y

Lyft's gross bookings surged 21% year-over-year to $3.7 billion. Active riders reached 21.9 million, a 12% increase from the previous year.

Lyft Reports 23% Jump in Rides

Reddit Inc

Tesla

The 30-stock index is on its longest winning streak of the year.

Stock Market Today: Dow Brings Daily Win Streak to Six

Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged.

Earnings Point to Different Routes for Lyft and Uber

Lyft's initiative to get more women in the drivers seat helped boost its number of females customers.

Uber shares hit pothole on surprise earnings loss as Lyft zooms with female drivers

Disney

Shopify

Reddit Reports Strong First Quarter Earnings. Uber Misses. Second Quarter Earnings Expectations Moving Up.

A Quiet Tuesday But Earnings Continue

Lyft, Inc. (NASDAQ:LYFT ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Sonya Banerjee - Head of Investor Relations David Risher - Chief Executive Officer Erin Brewer - Chief Financial Officer Kristin Sverchek - President Conference Call Participants Nikhil Devnani - Bernstein Eric Sheridan - Goldman Sachs Mark Mahaney - Evercore John Blackledge with - TD Cowen Ken Gawrelski - Wells Fargo Michael Morton - MoffettNathanson Doug Anmuth - JPMorgan Benjamin Black - Deutsche Bank Steven Choi - UBS John Colantuoni - Jefferies Operator Good afternoon, and welcome to the Lyft First Quarter 2024 Earnings Call. At this time, all participants are in listen-only mode to prevent any background noise.

News for Lyft Stock (LYFT)