Lyft Earnings Reports

Lyft generated $1.5882 billion in revenue, delivered GAAP EPS of $0.10, net income of $40.314 million and free cash flow of $329.4 million in Q2 2025, alongside record gross bookings of $4.4901 billion.

Lyft delivered a profitable Q1 with net income of $2.6 million, boosted by record rides and active rider numbers. The company also generated significant free cash flow and increased its share repurchase program.

Lyft reported a record-breaking Q4 2024 with significant revenue growth, net income profitability, and strong operational performance. Revenue grew by 27% year-over-year, net income reached $61.7 million compared to a net loss in Q4 2023, and gross bookings increased 15%. The company also saw a rise in active riders and rides, achieving all-time highs.

Lyft reported a strong Q3 2024, with record active riders and rides. Gross Bookings increased by 16% year-over-year, and revenue was up by 32%. The company also raised its full-year outlook.

Lyft announced strong Q2 2024 financial results, marked by the company's first-ever quarter of GAAP profitability. The company saw record numbers in active riders and rides, driven by customer obsession and platform growth.

Lyft reported strong Q1 2024 results, with revenue up 28% year-over-year to $1.3 billion and gross bookings up 21% year-over-year to $3.7 billion. The company saw growth in rides and active riders, and expects higher cash generation for the full year. Net loss was $31.5 million, an improvement from $187.6 million in Q1 2023.

Lyft reported a 4% increase in revenue to $1.2 billion and a 17% increase in Gross Bookings to $3.7 billion. The company reduced its net loss to $26.3 million and achieved an adjusted EBITDA of $66.6 million. Rides grew 26% year-over-year to 191 million, and active riders increased by 10% to 22.4 million.

Lyft reported a 15% year-over-year increase in Gross Bookings to $3.554 billion and a 10% increase in revenue to $1.158 billion. The company's net loss significantly decreased to $12.1 million, and Adjusted EBITDA improved to $92.0 million.

Lyft reported a 3% year-over-year increase in revenue to $1.021 billion, driven by an 18% increase in rideshare rides. The company's net loss was $114.3 million, an improvement compared to previous quarters. Adjusted EBITDA was $41.0 million, with a margin of 4.0%.

Lyft's Q1 2023 revenue reached $1.0 billion, a 14% increase year-over-year, exceeding guidance by $26 million. The company's net loss was $187.6 million, and adjusted EBITDA was $22.7 million, surpassing the guidance range. Lyft anticipates Q2 2023 revenue between $1.0 billion and $1.02 billion and adjusted EBITDA between $20 million and $30 million.

Lyft's Q4 2022 revenue reached a company record of $1.2 billion, a 21% increase year-over-year. However, the company reported a net loss of $588.1 million and a negative Adjusted EBITDA of $248.3 million, influenced by strengthening insurance reserves. The company anticipates Q1 2023 revenue of approximately $975 million and Adjusted EBITDA between $5 million and $15 million.

Lyft's Q3 2022 showed strong financial performance with revenue reaching an all-time high of $1.05 billion, a net loss of $422.2 million, and Adjusted EBITDA of $66.2 million, exceeding the company's outlook. The company also saw a higher number of active riders, rides, and drivers than it has had since COVID began.

Lyft's Q2 2022 revenue reached $990.7 million, a 30% increase year-over-year. The company reported a net loss of $377.2 million, but achieved its highest Adjusted EBITDA in company history at $79.1 million.

Lyft's Q1 2022 showed strong performance with revenue reaching $875.6 million, a 44% increase year-over-year. The company also narrowed its net loss to $196.9 million and achieved an Adjusted EBITDA profit of $55 million.

Lyft's Q4 2021 saw a 70% year-over-year increase in revenue, reaching $969.9 million. The company also achieved a net loss of $258.6 million, an improvement from the $458.2 million net loss in Q4 2020. Adjusted EBITDA was $74.7 million, a significant increase compared to the Adjusted EBITDA loss of $150.0 million in the same quarter of the previous year.

Lyft's Q3 2021 results showed strong growth with revenue increasing by 73% year-over-year to $864.4 million. The company significantly narrowed its net loss and achieved Adjusted EBITDA profitability for the second consecutive quarter. Driver supply improved materially, up nearly 45% versus last year.

Lyft announced strong Q2 2021 results, with revenue increasing by 125% year-over-year to $765.0 million. The company achieved Adjusted EBITDA profitability for the first time and narrowed its net loss significantly.

Lyft's Q1 2021 revenue reached $609.0 million, a 7% increase quarter-over-quarter. The company reported a net loss of $427.3 million, including significant stock-based compensation and insurance-related expenses. Adjusted EBITDA loss improved to $73.0 million. The company had $2.2 billion in unrestricted cash, cash equivalents, and short-term investments at the end of the quarter.

Lyft's Q4 2020 revenue was $569.9 million, a 44% decrease year-over-year but a 14% increase quarter-over-quarter. The company reported a net loss of $458.2 million and an adjusted EBITDA loss of $150.0 million. Lyft exceeded its fixed cost reduction target and anticipates growth in the coming quarters.

Lyft's Q3 2020 revenue was $499.7 million, a decrease of 48% year-over-year, but an increase of 47% from the previous quarter. The company reported a net loss of $459.5 million and ended the quarter with $2.5 billion in unrestricted cash, cash equivalents and short-term investments.

Lyft's Q2 2020 revenue was $339.3 million, a 61% decrease year-over-year. The company reported a net loss of $437.1 million, compared to a net loss of $644.2 million in the same period of 2019. Despite the challenges, Lyft saw recovery trends with monthly rideshare rides in July up 78% compared to April and ended the quarter with $2.8 billion of unrestricted cash, cash equivalents and short-term investments.

Lyft's Q1 2020 showed revenue growth of 23% year-over-year, reaching $955.7 million. The company also significantly reduced its net loss and adjusted EBITDA loss compared to the same period in 2019.

Lyft announced record fourth quarter and fiscal year results, with Q4 revenue surpassing $1 billion, up 52% year-over-year. The company's focus on profitable growth and operational excellence led to improved adjusted EBITDA margin. Lyft is issuing outlook for fiscal year 2020.