Financial Performance - Revenue for the three months ended September 30, 2025, was $1,685.2 million, an increase of 11% compared to $1,522.7 million in 2024[194] - Net income for the same period was $46.1 million, a significant increase of 471% from a net loss of $12.4 million in 2024[194] - Active Riders increased to 28.7 million, representing an 18% growth from 24.4 million in the prior year[194] - Gross Bookings reached $4,780.4 million, up 16% from $4,108.4 million in the previous year[194] - Adjusted EBITDA for the three months ended September 30, 2025, was $138.9 million, a 29% increase from $107.3 million in 2024[194] - Revenue for Q3 2025 was $1,685.2 million, an increase of 11% from $1,522.7 million in Q3 2024[241] - Net income for Q3 2025 was $46.1 million, a significant increase of 471% compared to a loss of $12.4 million in Q3 2024[241] - Free cash flow for Q3 2025 was $277.8 million, up 14% from $242.8 million in Q3 2024[256] - Adjusted EBITDA for Q3 2025 was $138.9 million, representing a 29% increase from $107.3 million in Q3 2024[241] - Gross bookings for Q3 2025 reached $4,780.4 million, a 16% increase from $4,108.4 million in Q3 2024[241] Cost and Expenses - Cost of revenue for the three months ended September 30, 2025, increased by $39.0 million, or 4%, to $927,221, mainly due to a $65.9 million rise in insurance costs[224] - For the nine months ended September 30, 2025, cost of revenue increased by $262.7 million, or 11%, totaling $2,725,829, primarily driven by a $273.3 million increase in insurance costs[225] - Operations and support expenses increased by $14.0 million, or 12%, in the three months ended September 30, 2025, totaling $131,424, due to higher fleet operations support costs[227] - Research and development expenses rose by $5.2 million, or 5%, in the three months ended September 30, 2025, totaling $109,615, primarily due to increased personnel-related costs[229] - Sales and marketing expenses increased by $27.5 million, or 13%, in the three months ended September 30, 2025, totaling $243,317, driven by higher costs related to incentive programs[231] - General and administrative expenses were relatively flat in the three months ended September 30, 2025, totaling $250,565, with a net decrease in certain loss contingencies[233] Cash Flow and Liquidity - Net cash provided by operating activities was $291.3 million, a 10% increase from $264.0 million in the previous year[194] - Net cash provided by operating activities increased to $922.2 million for the nine months ended September 30, 2025, up from $696.4 million in the same period of 2024, reflecting improved net income from $(38.9) million to $89.0 million[259][260] - Cash provided by investing activities was $316.5 million for the nine months ended September 30, 2025, primarily from sales and maturities of marketable securities totaling $3.0 billion[261] - Cash used in financing activities was $511.4 million for the nine months ended September 30, 2025, mainly due to repayment of 2025 Notes of $390.7 million and repurchase of Class A common stock of $400.0 million[263] - As of September 30, 2025, the company had approximately $1.3 billion in cash and cash equivalents and $686.6 million in short-term investments, providing sufficient liquidity for at least the next 12 months[265][271] - As of September 30, 2025, the company had unrestricted cash, cash equivalents, and short-term investments totaling approximately $2.0 billion[279] Acquisitions and Investments - The acquisition of Intelligent Apps GmbH (Freenow) was completed for approximately €204.1 million ($234.8 million) on July 31, 2025[192] - The acquisition of TheBookingRoomGroup Limited (TBR Global Chauffeuring) was completed for approximately £83.0 million, with up to £17.3 million in contingent consideration[193] - The company completed the acquisition of TBR Global Chauffeuring for approximately £83.0 million in cash on October 14, 2025[271] - The company issued $500 million in 2030 Notes in September 2025, using proceeds for capped calls and repurchasing Class A common stock[268] Debt and Financing - The company reported long-term debt of $1.1 billion, primarily consisting of fixed-rate 2029 Notes and 2030 Notes with a 0% interest rate[279] - A share repurchase program was authorized for up to $750.0 million, with $400.0 million repurchased during the nine months ended September 30, 2025[272] - The company has not drawn on its $420 million Revolving Credit Facility as of September 30, 2025, which remains available for liquidity needs[271] Tax and Other Income - Provision for income taxes increased by $1.3 million, or 187%, in Q3 2025 compared to Q3 2024[239] - Other income, net decreased by $25.1 million, or 49%, in Q3 2025 compared to Q3 2024, primarily due to an $11.0 million decrease in interest income and an $8.3 million decrease from foreign currency exchange[237] Market and Economic Factors - The company expects revenue to fluctuate based on factors such as ride volume, driver supply, pricing, incentives, and seasonality related to shared bikes and scooters[223] - The company is exposed to foreign currency exchange risk due to international revenue and expenses denominated in foreign currencies[280] - Fluctuations in foreign currency exchange rates have affected the company's net income, but a hypothetical 10% change would not materially impact the condensed consolidated financial statements[280] - A hypothetical 100 basis points change in interest rates would not materially impact the company's financial condition or results of operations[279]

Financial Performance - Lyft's Q3 earnings per share beat estimates at $0.11 [1] - Q3 revenue was approximately in line at $1.69 billion [1] - Gross bookings for Q3 slightly exceeded expectations at $4.78 billion [1] - Adjusted EBITDA for Q3 was in line at $139 million [1] Ridership Metrics - Active riders in Q3 surpassed estimates at 28.7 million [1] Q4 Guidance - Lyft projects Q4 gross bookings between $5.01 billion and $5.13 billion, exceeding expectations at the midpoint [2] - The company anticipates Q4 adjusted EBITDA of $135 million to $155 million, with the midpoint aligning with street estimates [2] Market Reaction - Lyft's stock experienced a sell-off, declining by approximately 4.5% [2]

Core Insights - Lyft reported mixed results with shares dropping nearly 5% in extended trading [1] - Earnings per share were 11 cents, surpassing analyst expectations of 8 cents [1] - Revenue was approximately in line at $1.69 billion [1] - Gross bookings, the total value of rides on the platform, slightly exceeded expectations at $4.78 billion [1] - Active riders reached 28.7 million, also above estimates [1] - Adjusted EBITDA was in line at $139 million [1] Future Guidance - For Q4, Lyft is guiding gross bookings between $5.01 billion and $5.13 billion, above expectations at the midpoint [2] - The company anticipates adjusted EBITDA of $135 million to $155 million, with the midpoint aligning with street estimates [2] - Despite positive guidance, the stock is experiencing a sell-off, down approximately 4.5% [2]

Core Insights - Lyft's stock increased following the release of its third-quarter earnings report, which exceeded EPS estimates [1] Financial Performance - Lyft reported quarterly earnings of 11 cents per share, surpassing the consensus estimate of 7 cents [2] - Quarterly revenue was $1.68 billion, slightly below the analyst consensus estimate of $1.69 billion [2] Operational Highlights - The company achieved record gross bookings of $4.8 billion, representing a 16% year-over-year increase [5] - Rides growth accelerated to 15% year-over-year, totaling 248.8 million rides [5] - Active riders grew by 18% year-over-year, reaching 28.7 million [5] Strategic Initiatives - CEO David Risher stated that Lyft's comeback strategy is proving effective, with multiple catalysts driving momentum and growth [3] - The company announced new autonomous vehicle partnerships and acquired a luxury chauffeuring company to enhance its service offerings [3]

Core Insights - Lyft provided a fourth-quarter forecast for a key demand metric that exceeded Wall Street's expectations [1] - The company's expansion into Europe is expected to enhance sales in the upcoming year [1] Summary by Categories Financial Performance - Lyft's fourth-quarter forecast indicates stronger demand than anticipated by analysts [1] Strategic Initiatives - The company's push into the European market is anticipated to contribute positively to sales growth next year [1]

Core Insights - The company reported a profit of $46.1 million, indicating strong financial performance [1] - The number of rides and active riders reached an all-time high, reflecting increased demand and operational success [1] Financial Performance - Profit for the period was $46.1 million, showcasing significant growth compared to previous periods [1] Operational Metrics - The company achieved an all-time high in the number of rides, indicating robust operational activity [1] - The active rider count also reached a peak, suggesting a growing user base and enhanced market penetration [1]

Q3 2025 Earnings November 5, 2025 Forward Looking Statements & Non-GAAP Financial Measures This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Lyft's future financial or operating performance. In some cases, you can identify forward looking statements because the ...

Lyft projected earnings this quarter that fell short of Wall Street’s expectations, signaling that its efforts to expand globally and maintain customer loyalty may limit profits https://t.co/jX7KKamqj3 ...

Exhibit 99.1 Lyft Reports Record Q3 2025 Financial Results Exceeds $1 billion in cash flow generation for the trailing twelve months Growth to accelerate through the end of 2025 and into 2026 SAN FRANCISCO, CA, November 5, 2025 - Lyft, Inc. (Nasdaq: LYFT) today announced financial results for the third quarter ended September 30, 2025. "Our Q3 results prove that Lyft's comeback strategy is working," said CEO David Risher. "We once again smashed records, announced more autonomous vehicle partnerships, and la ...

Core Insights - United Airlines has integrated Lyft into its MileagePlus loyalty program, allowing members to earn airline miles on eligible Lyft rides, enhancing the travel experience for customers [1][2][4] Group 1: Collaboration Details - Lyft riders who are MileagePlus members can earn between one and four miles for every dollar spent on eligible rides [2] - The collaboration is expected to expand by early 2026, enabling MileagePlus members to redeem miles directly for Lyft rides and receive automated flight alerts and ride reminders [3] Group 2: Strategic Goals - The integration aims to create a seamless travel experience from departure to arrival, providing more ways for travelers to earn rewards [4] - Lyft's Chief Marketing Officer highlighted that many customers use Lyft for airport trips, thus enhancing the value of their rides [4] Group 3: Additional Offerings - United Airlines launched a new debit card that allows customers to earn miles on everyday purchases, further engaging customers in the loyalty program [5] - The debit card is seen as a natural extension of the loyalty program, providing additional earning opportunities for members [5]