AI brief of an SEC Form 8-K · Lyft (LYFT)

Lyft Q1 revenue rises 14% to $1.7 billion; Q2 gross bookings outlook given

Positive Impact 3 of 5 earnings Written later

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

CompanyLyft (LYFT)
Form8-K, current report
Filed with the SECMay 7, 2026, 4:10 PM ET
Accession number0001628280-26-032102

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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.