Nov 5, 4:09 PM ET
Lyft reported third-quarter 2026 revenue of $1.8 billion, up 8% year over year, and a net loss of $9.7 million, compared with net income of $46.1 million a year earlier. The company said the loss reflects $117.9 million in legal, tax and regulatory reserve changes and settlements, while Adjusted EBITDA rose 47% to $203.9 million and the company gave fourth-quarter 2026 Adjusted EBITDA guidance of $188 million to $213 million.
- Q3 2026 revenue of $1.8 billion, up 8% year over year; $69.1 million of the $117.9 million reserve impact was recorded as a reduction to revenue
- Net loss of $9.7 million, or $(0.03) per share, versus net income of $46.1 million in Q3 2025
- Adjusted EBITDA of $203.9 million, up 47%; Q4 2026 outlook calls for Gross Bookings of $5.74 billion to $5.94 billion and Adjusted EBITDA of $188 million to $213 million
Read the filing on SEC.gov ↗
Sep 9, 8:02 AM ET
Lyft said Michael Brous, its Head of Lyft Urban Solutions and Safety & Customer Care since November 2025, will become Chief Financial Officer effective September 28, 2026, replacing Erin Brewer, who is retiring. Brewer will advise the company through December 15, 2026, and the filing says her departure is not the result of any dispute with the company. The same day, Lyft reaffirmed its third quarter 2026 guidance for Gross Bookings, Adjusted EBITDA and Adjusted EBITDA margin, which it first gave on August 6, 2026.
- Michael Brous becomes CFO effective September 28, 2026; he has been at Lyft for nearly eight years, including since 2018 through the Motivate acquisition.
- Brous's employment letter sets a $650,000 annual base salary and a target annual cash bonus of 50% of base salary, subject to Board approval.
- Planned equity grants include RSUs with grant date values of about $775,000 and $2,000,000, plus PSUs with a grant date value of about $775,000.
- Lyft reaffirmed Q3 2026 Gross Bookings, Adjusted EBITDA and Adjusted EBITDA margin guidance and expects to report Q3 2026 earnings in November 2026.
Read the filing on SEC.gov ↗
Aug 6, 4:10 PM ET
Lyft reported second-quarter 2026 results for the period ended June 30, 2026, with revenue of $1.8 billion, up 16% year over year, and net income of $50.3 million, up from $40.3 million. The company also gave third-quarter guidance of Gross Bookings of $5.50 billion to $5.67 billion and Adjusted EBITDA of $183 million to $203 million, which together indicate continued growth for shareholders to track.
- Gross Bookings were $5.5 billion, up 23% year over year, and Active Riders reached a record 30.5 million, up 17%.
- Adjusted EBITDA rose 37% to $177.2 million, and free cash flow was $319.6 million compared with $329.4 million a year earlier.
- Q3 2026 outlook calls for Gross Bookings up approximately 15% to 19% year over year and Adjusted EBITDA of approximately $183 million to $203 million.
Read the filing on SEC.gov ↗
Jul 27, 4:09 PM ET
Lyft's board appointed Ben Minicucci, chief executive of Alaska Air Group and Alaska Airlines, as a director effective immediately, with a term expiring at the 2027 annual meeting. The filing says the board values his public-company CEO experience, transportation safety expertise and M&A integration background, and it discloses that Lyft and Alaska have a rewards partnership under which Lyft paid Alaska $3.2 million and received $0.16 million in 2025.
- Ben Minicucci appointed to Lyft's board on July 23, 2026, as a Class II director
- Term expires at Lyft's 2027 Annual Meeting of Stockholders
- Lyft paid Alaska $3.2 million and received $0.16 million under the Partnership Agreement in 2025
- Minicucci receives standard non-employee director compensation and will sign the standard indemnification agreement
Read the filing on SEC.gov ↗
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