Lyft Q2 revenue rises 16% to $1.8 billion; net income up to $50.3 million
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 12:58 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 August 06, 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.