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Jun 30, 2022
Lyft Q2 2022 Earnings Report
Lyft's Q2 2022 financial results were announced, with revenue increasing and adjusted EBITDA reaching a company high.
Key Takeaways
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.
Q2 revenue was $990.7 million, up 30% year-over-year.
Net loss for Q2 was $377.2 million.
Adjusted EBITDA for Q2 was $79.1 million, a year-over-year increase of 232%.
Lyft reported $1.8 billion in unrestricted cash, cash equivalents, and short-term investments at the end of Q2 2022.
Lyft
Lyft
Forward Guidance
Lyft is confident in its ability to continue navigating macroeconomic headwinds and deliver strong long-term business results.