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Jun 30
Lyft Q2 2025 Earnings Report
Lyft reported record Q2 2025 results driven by all-time highs in bookings, rides, and cash flow
Key Takeaways
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.
Record gross bookings of $4.4901 billion, up 12% year-over-year
Revenue of $1.5882 billion, up 11% year-over-year
Net income of $40.314 million, compared to $5.0 million in Q2 2024
Free cash flow of $329.4 million, up from $256.4 million in Q2 2024
Lyft
Lyft
Forward Guidance
Lyft’s acquisition of Freenow closed on July 31, so Q3 2025 results will include two months of combined company performance.
Positive Outlook
- Closed Freenow acquisition on July 31
- Q3 2025 will include two months of combined results
- Gross Bookings guidance of $4.65 billion to $4.80 billion, up 13%–17% year-over-year
- Adjusted EBITDA guidance of $125 million to $145 million
- Adjusted EBITDA margin guidance of 2.7% to 3.0%