)
Edge5 Sep 2025
Where to? The Story of Uber
Uber's journey from rule-breaking disruptor to disciplined dual-app giant, now shaping the future of mobility, delivery, and autonomy.
Lyft
Lyft (LYFT) investor relations material
Lyft Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary10 Feb, 2026
Executive summary
Achieved record financial results in Q4 and fiscal 2025, with 51.3 million riders taking 946 million rides and all-time-high cash flow and profitability.
Launched new products like Lyft Teen, expanded family and business solutions, and advanced partnerships, including with DoorDash and United Airlines.
Expanded into Europe, acquired FREENOW, and advanced autonomous vehicle strategy with key industry partnerships.
Focused on operational excellence, customer obsession, and disciplined management of top and bottom lines.
Financial highlights
Q4 2025 Gross Bookings reached $5.1B, up 19% year-over-year; full-year 2025 Gross Bookings were $18.5B, up 15% year-over-year.
Q4 2025 revenue was $1.6B (up 3% YoY, or $1.8B excluding a $168M legal/tax settlement); net income was $2.8B, including a $2.9B deferred tax asset benefit.
Q4 2025 Adjusted EBITDA was $154M (3.0% margin); full-year Adjusted EBITDA was $528.8M (2.9% margin).
Free cash flow for 2025 was $1.12B, with net cash from operating activities at $1.17B.
Record Active Riders in Q4 2025 at 29.2M, up 18% year-over-year.
Outlook and guidance
Q1 2026 Gross Bookings expected between $4.86B and $5.00B, up 17–20% year-over-year; Adjusted EBITDA guidance is $120M–$140M, margin 2.5–2.8%.
Guidance remains on track for accelerating Gross Bookings, expanding Adjusted EBITDA margin, and over $1B in Free Cash Flow by 2027.
Gross Bookings expected to grow faster than rides in H1 2026, driven by high-value modes and FREENOW integration.
Anticipates demand in California to pick up in H2 2026 as insurance savings are passed through to riders.
2025 net income excluding tax valuation benefit
Details on 2026 AV deployment strategy
Explain Q1 2026 Adj. EBITDA margin sequential dip
Lyft's AV supplier strategy for 2030
How does Lyft counter competitive promotions?
Key drivers for margin expansion post-Q1 2026
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Lyft earnings date
Q1 20267 May, 2026
Lyft
Next Lyft earnings date
Q1 20267 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research3 May 2024
Companies That Had Their IPO in 2019: Bull Market and Tech Dominance
Discussing the stock and IPO market in 2019, and the factors that led to the overall bullish performance of stocks during the year.
)
Edge6 Feb 2026
SharkNinja: Viral by Design
How SharkNinja built a repeatable growth engine, turning overlooked appliance categories into global brands through consumer insight and iteration.
Frequently asked questions
Revolutionizing the Way You Ride
Lyft is a transportation network company that provides ride-hailing services through its mobile app. The company allows customers to request rides from nearby drivers who use their personal vehicles to provide transportation services. Lyft was founded in 2012 and is headquartered in San Francisco, California.
Lyft was founded by Logan Green and John Zimmer. Green had previously founded a ride-sharing company called Zimride, which focused on long-distance ridesharing. In 2007, Green met Zimmer, who was interested in the idea of carpooling and had been working on a similar project. The two decided to merge their ideas and launch Lyft in 2012.
Commissioned rides
Lyft's business model is based on taking a commission from each ride that is booked through its app. The company charges a percentage of the fare that the passenger pays, and the driver keeps the remaining amount. Lyft also generates revenue through its subscription services, including Lyft Pink, which offers discounted rides and other benefits to subscribers.
Challenges and opportunities
One of the key challenges facing Lyft is competition from other ride-sharing companies, such as Uber and Grab. These companies have a larger market share and greater resources, which could make it difficult for Lyft to grow and compete effectively. Additionally, regulatory challenges, such as local laws and regulations regarding ride-sharing services, could limit Lyft's ability to expand into new markets.
Despite these challenges, Lyft has several potential opportunities for growth. For example, the company could expand into new markets, such as autonomous vehicles and last-mile delivery services. Additionally, Lyft has a strong focus on sustainability and could leverage this to attract environmentally conscious customers and drivers. Finally, the company could continue to innovate and improve its technology, such as by incorporating artificial intelligence and machine learning to enhance the customer experience.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage