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

Lyft Q3 net loss of $9.7 million after $117.9 million in legal and regulatory reserves

Mixed Impact 3 of 5 earnings

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.

Key points

  • 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

The filing

CompanyLyft (LYFT)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:09 PM ET
Accession number0001628280-26-071043

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

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.