LYFT

SAN FRANCISCO, July 16, 2026--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the "Company" or "Lyft") will release financial results for the second quarter of 2026 after the close of the market on Thursday, August 6, 2026. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company’s Investor Relations page at https://investor.lyft.com. The archived webcast will be available on the Company’s Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts, the investor relations section of its website (investor.lyft.com), its X accounts (including: @lyft, @davidrisher), its Chief Executive Officer’s LinkedIn account (linkedin.com/in/jdavidrisher), and its blogs (including: lyft.com/blog, lyft.com/hub, and eng.lyft.com) in order to achieve broad, non-exclusionary distribution of information to the public and to comply with its disclosure obligations under Regulation FD. About Lyft Whether it’s an everyday commute or a journey that changes everything, Lyft is driven by our purpose: to serve and connect. Founded in 2012, Lyft has grown into a global mobility platform offering a mix of rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, bikes, and scooters across six continents and thousands of cities. Millions of drivers have chosen to earn on billions of rides - helping to create a more connected world, with transportation options for everyone. View source version on businesswire.com: https://www.businesswire.com/news/home/20260716547299/en/ Contacts Erin Rheaume, Investors: [email protected] Osborne, Media: [email protected]

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Lyft’s share price is still well below where it was five years ago, yet the stock now screens as undervalued on several checks. This puts recent leadership changes and product moves under a valuation microscope for investors trying to judge whether the current price reflects the company’s progress. Over the past five years, Lyft stock has declined 70.8%, which means even recent gains come against a long period of value erosion for long term holders. The shift to consistent profitability under CEO David Risher and a push into autonomous vehicles and AI driven services can support higher earnings expectations, while regulatory pressures around driver treatment may weigh on margins and perceived risk. On Simply Wall St’s broader valuation checks, Lyft scores 5 out of 6, and that high score suggests the stock leans cheap relative to key fundamentals and market multiples. The key question for investors is whether Lyft’s current valuation offers enough compensation for the business risks and execution hurdles that still lie ahead. Find out why Lyft's 4.7% return over the last year is lagging behind its peers. The P/E ratio fits Lyft well because the company is now reporting positive earnings rather than losses. On current numbers, Lyft trades on a P/E of about 2.1x, compared with a Transportation industry average of 42.3x and a peer group average of 34.9x. Even against a more tailored fair P/E of 3.2x, which reflects Lyft’s specific mix of growth prospects, margins, size and risk, the stock changes hands at a sizeable discount. Recent headlines around autonomous vehicle partnerships and AI hiring give Lyft a clearer earnings story. However, the market multiple still prices the stock below both sector norms and the modelled fair ratio. The gap suggests investors are building in a meaningful cushion for execution and regulatory risk, while the current profitability profile is not fully reflected in the P/E being paid. On the P/E multiple alone, Lyft stock appears undervalued compared with both its industry and the level implied by its own fundamentals. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives pick up where Lyft's valuation puzzle leaves off by spelling out what growth, margin and earnings paths...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at gig economy stocks, starting with Lyft (NASDAQ:LYFT). The iPhone changed the world, ushering in the era of the “always-on” internet and “on-demand” services - anything someone could want is just a few taps away. Likewise, the gig economy sprang up in a similar fashion, with a proliferation of tech-enabled freelance labor marketplaces, which work hand and hand with many on demand services. Individuals can now work on demand too. What began with tech-enabled platforms that aggregated riders and drivers has expanded over the past decade to include food delivery, groceries, and now even a plumber or graphic designer are all just a few taps away. The 6 gig economy stocks we track reported a mixed Q1. As a group, revenues were in line with analysts’ consensus estimates while next quarter’s revenue guidance was 0.6% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8.3% since the latest earnings results. Founded by Logan Green and John Zimmer as a long-distance intercity carpooling company Zimride, Lyft (NASDAQ: LYFT) operates a ridesharing network in the US and Canada. Lyft reported revenues of $1.65 billion, up 13.8% year on year. This print exceeded analysts’ expectations by 1%. Overall, it was a strong quarter for the company with strong growth in its users and EBITDA guidance for next quarter topping analysts’ expectations. Lyft achieved the biggest analyst estimate beat of the whole group. The company reported 28.3 million users, up 16.9% year on year. The results were likely priced in, however, and the stock is flat since reporting. It currently trades at $14.24. We think Lyft is a good business, but is it a buy today? Read our full report here, it’s free. Based in Tel Aviv, Fiverr (NYSE:FVRR) operates a fixed price global freelance marketplace for digital services. Fiverr reported revenues of $105.5 million, down 1.6% year on year, outperforming analysts’ expectations by 1%. The business performed better than its peers, but it was unfortunately a mixed quarter with a solid beat of analysts’ EBITDA estimates but a decline in its buyers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is...

These ride-sharing leaders are making moves amid massive changes in transportation driven by artificial intelligence (AI) and self-driving technology. Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) are posting strong growth for their services, but the head-to-head comparison of recent growth and revenue size may give investors a big clue as to which company is best positioned to win. Uber Technologies operates a global technology network that connects consumers with independent providers for ridesharing, restaurant meal delivery, and freight transportation services. The company announced a 21% year-over-year increase in revenue for the first quarter, along with new initiatives in robotaxis and expansion into hotel bookings. Uber has scaled its ridesharing platform into a profitable business, with operating profit reaching $1.9 billion in the quarter. Lyft operates a multimodal transportation network that offers riders personalized, on-demand access to ridesharing, flexible car rentals, and shared bikes across the United States and Canada. The company posted a 14% year-over-year increase in revenue in the first quarter. It recently announced an acquisition of Gett U.K., helping Lyft expand its operations into higher-value segments of the London market. It’s not as profitable as Uber, reporting an operating loss of $5.3 million last quarter. Revenue is the most fundamental measure of a company’s performance. Changes over time, particularly when comparing two companies in the same industry, can provide valuable insights about a company’s competitive position and ability to reach new customers. Image source: The Motley Fool. Data source: Company filings. Data as of May 19, 2026. There is a clear contrast between Uber and Lyft. While Uber experiences greater quarterly revenue volatility, it is growing faster off a larger revenue base. Uber benefits from greater scale and global reach, allowing it to generate over $53 billion in annual revenue, compared to Lyft’s $6.5 billion. Both companies are pursuing every opportunity to position themselves for more growth through partnerships. The stakes are massive as the future of transportation is in AI-powered self-driving vehicles. For Lyft, Google’s Waymo is set to integrate with the Lyft app later this year. However, Uber boasts of a large network of 30 partners that will help it expand robotaxi services to 15 ci...

Lyft’s first quarter results for 2026 aligned with Wall Street’s expectations, as revenue growth was supported by healthy rideshare demand and an expanding active rider base. Management highlighted the impact of increased partnerships, such as those with DoorDash and United Airlines, on overall ride frequency and higher-value bookings. CEO David Risher emphasized Lyft’s continued market share gains in key geographies, noting, “In March, we delivered our highest ever number of rides in a week.” The quarter also saw further traction from premium ride modes and successful integration of recently acquired international operations. Is now the time to buy LYFT? Find out in our full research report (it’s free). Revenue: $1.65 billion vs analyst estimates of $1.63 billion (13.8% year-on-year growth, 1% beat) Adjusted EPS: $0.28 vs analyst estimates of $0.29 (in line) Adjusted EBITDA: $132.8 million vs analyst estimates of $130.7 million (8% margin, 1.6% beat) EBITDA guidance for Q2 CY2026 is $170 million at the midpoint, above analyst estimates of $166.5 million Operating Margin: -0.3%, up from -2% in the same quarter last year Active Riders: 28.3 million, up 4.1 million year on year Market Capitalization: $5.19 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Eric Sheridan (Goldman Sachs) asked about partnership-driven ride growth and its sustainability. CEO David Risher explained that partnerships now drive a record share of rides and bring both new riders and higher-value trips. Nikhil Devnani (Bernstein) queried about the divergence in ride volume between Canada and the U.S. Risher noted outsized growth in Canadian and low-scale U.S. markets, while Brewer cited weather and seasonal factors affecting overall volume. Benjamin Black (Deutsche Bank) questioned balancing margin improvements with AI investment. Risher described AI as increasing organizational capacity, while Brewer emphasized disciplined incentive spending aligned with business performance. Ross Sandler (Barclays) asked about the growth of FREENOW post-acquisition. Brewer confirmed growth and run-rate targets were being met, and Risher outlined plans f...

Uber Technologies (NYSE:UBER) develops applications that connect consumers with independent providers for mobility services, meal preparation, and freight logistics. It announced a multi-year autonomous vehicle partnership with Nvidia, and it reported an approximately 15% EBIT margin for the quarter ended March 31, 2026. Lyft (NASDAQ:LYFT) operates a peer-to-peer marketplace providing on-demand transportation networks across the United States and Canada. It completed an international acquisition of a black cab business in London, while reporting an approximately 1% net income margin for the quarter ended March 31, 2026. Revenue shows the total money brought in before expenses are subtracted to help investors gauge raw business scale and growth. Image source: The Motley Fool. Data source: Company filings. Data as of May 10, 2026. Both Uber and Lyft began as ride-hailing services, but the comparison in their revenues reveals the former dominates its rival in capturing sales. Uber’s business has experienced substantial expansion compared to Lyft, as illustrated by its higher revenue, and its future sales may expand the gap further. Uber has aggressively expanded internationally since 2011, while Lyft remained more focused on the North American market in its early years. Lyft’s 2026 purchase of Gett, a leading black cab business in London, demonstrates its desire to capture more international sales. However, the disparity in their top lines suggests Lyft has a long way to go to catch up to Uber. In addition, while the two companies are aggressively pursuing self-driving cars, Uber appears to be in the driver’s seat here. It captured partnerships with a number of autonomous vehicle companies around the world, cementing its global presence in this emerging field. Moreover, Uber’s deal with AI semiconductor leader Nvidia allows any car manufacturer using Nvidia’s self-driving tech to easily join Uber’s ride-hailing service. Uber expects to have 100,000 autonomous vehicles on the road by 2027. These moves mean Lyft may fall further behind its larger competitor, suggesting Uber is the better long-term stock investment. Before you buy stock in Uber Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Uber Technologies wasn’t one of them. The 10 stocks that made th...

(Bloomberg) -- Lyft Inc. reported profit in the first quarter that fell short of Wall Street’s estimates after it spent heavily on an international expansion and on adding higher-end offerings like chauffeur services. Most Read from Bloomberg Billionaire Duke of Westminster to Sell £700 Million of US Real Estate Assets Sony to Pay Almost $4 Billion for Bieber, Neil Young Catalog US Fires on Iranian Targets as Trump Demands Deal From Tehran Iran’s President Says He Had Meeting With Injured Supreme Leader Apple’s Camera-Equipped AirPods Reach Late Testing in AI Device Push Earnings were 4 cents a share, shy of the average analyst forecast for 5.7 cents, due in part to integration costs related to recent acquisitions. Gross bookings, which include taxes, tolls and fees, were $4.95 billion, slightly ahead of expectations of $4.91 billion. San Francisco-based Lyft has been on a buying spree to catch up with much-larger rival Uber Technologies Inc. and expand beyond North America. The company has been working to integrate the European taxi app Freenow since buying it last year and this week closed its acquisition of UK taxi app Gett. Those efforts may start to pay off in the current quarter. Gross bookings for the three months ending June 30 will be $5.3 billion to $5.43 billion, topping estimates of $5.31 billion, Lyft said in a statement on Thursday. Adjusted earnings before interest, taxes, depreciation and amortization will be in a range of $160 million to $180 million, the midpoint of which was in line with the average estimate. San Francisco-based Lyft anticipates its expansion into higher-value services will lead to gross bookings growth outpacing that of rides. In October, Lyft acquired Glasgow-based TBR Global Chauffeuring, a luxury service provider. “We’ve been deliberately working on our premium offerings – adding more professional drivers,” the company said in a statement. High-value rides have grown 35%, Erin Brewer, Lyft’s chief financial officer, said in an interview. The shares were down 1.8% Friday morning in New York. The stock had been down 27% so far this year through Thursday’s close. The report comes after after a disappointing first quarter where the number of rides fell short of estimates. The company blamed the shortfall on the storms in the Northeastern US, which impacted more than three million rides. It said 236.9 million rides took pla...

Lyft, Inc. LYFT reported first-quarter 2026 results, wherein earnings missed the Zacks Consensus Estimate, while revenues beat the same. Quarterly earnings per share of 21 cents missed the Zacks Consensus Estimate of 31 cents but increased 10.5% year over year. Revenues of $1.65 billion beat the Zacks Consensus Estimate by 1.8% and grew 13.8% year over year. Lyft, Inc. price-consensus-eps-surprise-chart | Lyft, Inc. Quote Gross bookings reported for the first quarter were $4.9 billion, marking a 19% year-over-year increase. Rides growth rose 8.5% year over year to $236.9 million. Active Riders grew 17% year over year to $28.3 million. Lyft’s adjusted EBITDA in the first quarter of 2026 was $132.8 million, up 24.7% from the year-ago reported figure. The adjusted EBITDA margin (calculated as the percentage of gross bookings) was 2.7% compared with 2.6% in the prior-year quarter. Lyft exited the first quarter with cash and cash equivalents of $1.03 billion compared with $1.13 million at the end of the prior quarter. Long-term debt, net of the current portion, at the end of the reported quarter was $986.6 billion compared with $1 billion at the end of the prior quarter. For the second quarter of 2026, Lyft anticipates gross bookings of $5.3-$5.43 billion, indicating year-over-year growth of almost 18-21%. Adjusted EBITDA is expected to be between $160 million and $180 million, and an adjusted EBITDA margin (calculated as a percentage of Gross Bookings) is projected to be in the range of 3-3.3%. Currently, Lyft has a Zacks Rank #5 (Strong Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Delta Air Lines DAL reported first-quarter 2026 earnings (excluding $1.08 from non-recurring items) of 64 cents per share, which beat the Zacks Consensus Estimate of 61 cents. Earnings increased 39.1% on a year-over-year basis. Revenues in the March-end quarter were $14.2 billion, beating the Zacks Consensus Estimate of $14 billion and increasing on a year-over-year basis. J.B. Hunt Transport Services JBHT posted first-quarter 2026 earnings per share of $1.49, up 27% from $1.17 a year ago. The result topped the Zacks Consensus Estimate by $0.04, reflecting a 2.8% surprise. Operating revenues totaled $3.06 billion, rising 4.6% year over year. Revenues beat the consensus mark of $2.94 billion, resulting in a 3.9% surprise, as demand proved resi...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was driven by a 'customer obsession' thesis, resulting in record weekly ride volumes in March and double-digit growth across active riders and gross bookings. Market share in the U.S. has remained stable and grew sequentially in Q1, validating the company's competitive positioning against larger peers. Strategic expansion into 120 countries was bolstered by the acquisition of Gett’s U.K. business, deepening Lyft's presence in the critical London market. Management attributes growth in 'low-scale' markets (second and third-tier cities) to significant untapped total addressable market (TAM) and underpenetrated rural areas. The company is pivoting toward a 'global hybrid AV future,' utilizing its fleet management expertise from 50,000 FlexDrive vehicles to operate autonomous depots. Operational efficiency is being enhanced through AI adoption, with over 80% of engineers using generative tools to increase development velocity and capacity. The 'Check Lyft' marketing campaign aims to disrupt consumer habits by highlighting price advantages, particularly in high-premium markets like New York and San Francisco. Q2 guidance assumes gross bookings acceleration to approximately 20% and adjusted EBITDA expansion of more than 30% year-over-year. Management expects to deliver north of 1 billion rides for the full year 2026, supported by seasonal acceleration in the bikes and FREENOW businesses. The gap between gross bookings growth and ride volume growth is expected to narrow in Q2 as seasonal bike usage increases. The autonomous vehicle strategy in Nashville involves a transition to Lyft-managed operations and the launch of a hybrid marketplace later this summer. A multi-year integration plan aims to allow riders to use the Lyft app to get a ride anywhere they want by 2027, leveraging the existing ecosystem and partners like FREENOW. Q1 ride volumes were negatively impacted by approximately 3 million rides due to severe weather in the Northeast, primarily affecting the bike-share segment. The California insurance mandate is beginning to drive demand momentum, with Q1 growth in the state outpacing other top regions. The acquisition of TBR (The Booking Room) represents a strategic move into the high-end chauff...

Lyft (LYFT) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -29.22%. A quarter ago, it was expected that this ride-hailing company would post earnings of $0.32 per share when it actually produced a loss of $0.2, delivering a surprise of -162.5%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Lyft, which belongs to the Zacks Internet - Services industry, posted revenues of $1.65 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.82%. This compares to year-ago revenues of $1.45 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Lyft shares have lost about 26.5% since the beginning of the year versus the S&P 500's gain of 7.6%. While Lyft has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Lyft was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will...

While they beat expectations on both revenue and gross bookings, both earnings and total rides came in a bit light. Shares initially rose a few percentage points after the report was released before falling around 3% to $13.71. Revenue for the first quarter came in at $1.650 billion, ahead of expectations for $1.631 billion.

Interested in Lyft, Inc.? Here are five stocks we like better. Lyft delivered a "strong quarter" with double‑digit ride and active‑rider growth, gross bookings up about 19%, adjusted EBITDA up 25%, record trailing‑12‑month free cash flow of $1.12 billion, and a $300 million share repurchase in Q1. Management expects momentum to continue — at the midpoint Lyft forecasts gross bookings growth to accelerate to ~20% and adjusted EBITDA to expand by more than 30% year‑over‑year, while reaffirming its goal of delivering north of 1 billion rides in 2026. Partnership‑tagged requests rose to roughly 27% of rides (with DoorDash driving frequency and airline partners lifting higher‑value airport trips), and Lyft is shifting toward premium modes, ads, taxis and AV deployments to boost gross bookings per ride and margins. 3 Rebound Candidates With Technical Tailwinds Lyft (NASDAQ:LYFT) executives used the company’s first-quarter 2026 earnings call to highlight what CEO David Risher described as “another strong quarter,” pointing to double-digit year-over-year gains in active riders, gross bookings and adjusted EBITDA. Risher said rideshare demand “remained healthy,” with double-digit ride growth around peak events such as Valentine’s Day, the Super Bowl and St. Patrick’s Day, and noted that March included the company’s “highest ever number of rides in a week.” CFO Erin Brewer said the operating performance translated into stronger financial results, including gross bookings up 19% and adjusted EBITDA up 25% from a year earlier. Over the last 12 months, Brewer said Lyft generated a record $1.12 billion in free cash flow and completed its “largest quarterly share repurchase ever,” buying back $300 million of stock during the quarter. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% 3 Major Buybacks Just Dropped—Here’s the Signal Investors See Brewer said Lyft’s outlook assumes the company carries its momentum forward. At the midpoint of Lyft’s guidance range, she said the company expects gross bookings growth to “accelerate to approximately 20%” and adjusted EBITDA to expand by “more than 30%” year-over-year. On volume, management reiterated its annual goal. Brewer said “nothing has changed” about Lyft’s trajectory in 2026 and its “overall objective to deliver north of a billion rides for the full year.” → Light Speed Returns: Corning Cashes In on NVIDIA...