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Jun 30, 2021
Lyft Q2 2021 Earnings Report
Lyft's Q2 2021 financial results were announced, demonstrating significant year-over-year revenue growth and achievement of Adjusted EBITDA profitability.
Key Takeaways
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 Q2 revenue reached $765.0 million, a 125% increase year-over-year.
The company's net loss significantly narrowed compared to the same period last year.
Lyft achieved Adjusted EBITDA profitability for the first time.
Active Riders increased by more than 3.6 million from the prior quarter.
Lyft
Lyft
Forward Guidance
No forward guidance was provided in the release.