Lyft Q1 revenue rises 14% to $1.7 billion; Q2 gross bookings outlook given
Lyft reported first-quarter 2026 results on May 7, 2026, with revenue of $1.7 billion, up 14% year over year, and net income of $14.2 million, compared with $2.6 million a year earlier. The company also gave second-quarter 2026 guidance of $5.30 billion to $5.43 billion in Gross Bookings and $160 million to $180 million in Adjusted EBITDA.
Key points
- Gross Bookings of $4.9 billion, up 19% year over year; revenue of $1.7 billion, up 14%.
- Net income of $14.2 million versus $2.6 million in Q1 2025; Adjusted EBITDA of $132.8 million, up 25%.
- Q2 2026 outlook: Gross Bookings of $5.30 billion to $5.43 billion and Adjusted EBITDA of $160 million to $180 million.
- Lyft closed its acquisition of Gett's UK business during the week of the release.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.