Lyft, Inc.
- Open
- 17.54
- Day high
- 17.77
- Day low
- 17.50
- Prev close
- 17.35
- Volume
- 235K
- Mkt cap
- $6.7B
- P/E (TTM)
- 2.5
- EPS (TTM)
- $6.99
- P/B
- 2.2
- P/S
- 1.0
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$1.6M over the last 3 months (0 open-market buys, 8 sales)
- 🏛Institutions mixed (13F)
Lyft, Inc. (LYFT) is a Technology company listed on NASDAQ. The stock is up 3% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 8 sales (SEC Form 4). Drillr has 1 published research article covering LYFT.
Lyft, Inc. (LYFT) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 12 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
LYFT earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 6, 2026 | $0.14 | $0.13 | -9.7% | $1.8B | +2.1% |
| May 7, 2026 | $0.08 | $0.04 | -50.0% | $1.7B | +1.2% |
| Nov 4, 2025 | $0.24 | $0.11 | -55.1% | $1.7B | -0.8% |
| Aug 6, 2025 | $0.27 | $0.25 | -7.4% | $1.6B | -5.9% |
| May 8, 2025 | $0.19 | $0.19 | +0.2% | $1.5B | -1.2% |
| Feb 13, 2024 | $0.08 | $0.19 | +137.5% | $1.2B | +0.4% |
| May 4, 2023 | $-0.09 | $0.08 | +188.9% | $1.0B | +1.9% |
| Feb 9, 2023 | $0.10 | $-0.75 | -850.0% | $1.2B | +1.8% |
| Aug 4, 2022 | $-0.05 | $0.12 | +340.0% | $991M | -1.4% |
| May 3, 2022 | $-0.07 | $0.07 | +200.0% | $876M | +3.3% |
| Feb 8, 2022 | $0.09 | $0.09 | +0.0% | $970M | +5.1% |
| Nov 2, 2021 | $0.01 | $0.05 | +272.0% | $864M | +3.0% |
LYFT insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 31, 2026 | Hope Stephen W.officer: CHIEF ACCOUNTING OFFICER | Sell | 5,982 | $17.34 |
| Aug 31, 2026 | Beggs Jilldirector | Sell | 2,307 | $17.34 |
| Aug 31, 2026 | Lawee Daviddirector | Sell | 4,613 | $17.33 |
| Aug 27, 2026 | Whiteside Janeydirector | Sell | 5,480 | $17.68 |
| Aug 26, 2026 | Brewer Erinofficer: CHIEF FINANCIAL OFFICER | Sell | 15,000 | $17.63 |
| Aug 24, 2026 | Brewer Erinofficer: CHIEF FINANCIAL OFFICER | Tax | 186,735 | $17.43 |
| Aug 24, 2026 | Hope Stephen W.officer: CHIEF ACCOUNTING OFFICER | Tax | 29,507 | $17.43 |
| Aug 24, 2026 | Llewellyn Lindsay Catherineofficer: SEE REMARKS | Tax | 23,161 | $17.43 |
| Aug 11, 2026 | Whiteside Janeydirector | Sell | 14,220 | $17.00 |
| Aug 5, 2026 | Llewellyn Lindsay Catherineofficer: SEE REMARKS | Sell | 36,214 | $16.14 |
| Jul 27, 2026 | MINICUCCI BENITOdirector | Grant | 15,454 | — |
| Jul 22, 2026 | Whiteside Janeydirector | Grant | 867 | — |
| Jul 22, 2026 | Stephenson Davedirector | Grant | 1,053 | — |
| Jun 16, 2026 | Brewer Erinofficer: CHIEF FINANCIAL OFFICER | Sell | 15,000 | $13.59 |
| Jun 5, 2026 | Stevenson Betseydirector | Grant | 18,453 | — |
Source: LYFT SEC Form 4 filings, latest Aug 31, 2026. For informational purposes only — not investment advice.
See the full LYFT insider & 13F page →Lyft, Inc. company profile
Overview
Lyft, Inc. (NASDAQ:LYFT) is a transportation technology company that operates a peer-to-peer marketplace for on-demand ridesharing services in the United States and Canada. Founded in 2007 as Zimride and rebranded as Lyft in 2013, the company went public in March 2019. Lyft has evolved from a simple ride-hailing service into a multimodal transportation platform that connects millions of riders with drivers, while also offering bikes, scooters, and integration with public transit options. The company is headquartered in San Francisco, California, and has established itself as the second-largest ridesharing platform in North America, competing primarily with Uber.
Business
Lyft operates in the transportation technology sector, specifically within the ride-hailing and mobility services industry. The company's core business revolves around connecting passengers who need transportation with independent drivers who provide rides using their personal vehicles through a smartphone application. The company's primary offering is its Ridesharing Marketplace, which uses algorithmic matching to pair riders with nearby drivers in real-time. When a user requests a ride through the Lyft app, the platform calculates pricing based on factors like distance, time, and demand levels, then dispatches the nearest available driver. This marketplace model has revolutionized urban transportation by providing an alternative to traditional taxis and public transit. Beyond standard ridesharing, Lyft operates several complementary business segments: 1. Premium Services - Lyft Black and SUV services offer higher-end vehicle options, representing a growing portion of rides with 41% year-over-year growth as of Q4 2024. 2. Micromobility - The company operates networks of shared bikes and scooters in various cities, addressing short-distance trips that complement longer rideshare journeys. 3. Lyft Media - An advertising platform that allows brands to reach riders through in-app advertisements, video content, and sponsored experiences, generating approximately $50 million in annual revenue as of 2024. 4. Enterprise Solutions - Business-to-business services including healthcare transportation, corporate commuter programs, and university partnerships, with managed bookings growing over 60% year-over-year. 5. Driver Services - Programs like Express Drive (flexible car rentals for drivers) and Lyft Rentals for long-distance trips, which help expand the driver network while generating additional revenue streams. The ridesharing marketplace represents the vast majority of Lyft's revenue, estimated at over 85% of total gross bookings, while the emerging segments like media and enterprise services provide higher-margin growth opportunities.
Revenue model
Lyft generates revenue primarily through commission-based transactions from its ridesharing marketplace. The company takes a percentage of each ride fare, typically ranging from 20-30% of the total booking value, with the remainder going to the driver. This commission model means Lyft's revenue scales directly with ride volume and average fare prices. The company's customers are dual-sided: riders who pay for transportation services and drivers who pay implicit fees through the commission structure. Riders pay per trip, while drivers effectively pay Lyft through the commission taken from their earnings. Additional revenue streams include subscription services like Lyft Pink ($9.99 monthly), advertising through Lyft Media, and enterprise partnerships. Several factors significantly impact Lyft's profit margins: Positive margin drivers include increased ride frequency and higher average fares, reduced driver incentive spending as supply-demand balance improves, growth in higher-margin services like Lyft Black and enterprise solutions, and expansion of the advertising business which operates at higher margins than core ridesharing. Negative margin pressures stem from competitive pricing dynamics with Uber, seasonal fluctuations in demand (particularly winter months), rising insurance costs and regulatory compliance expenses, increased driver incentive spending during supply shortages, and the need for continuous technology investment to maintain platform competitiveness. The company has been working to improve unit economics by reducing "primetime" surge pricing (down 40% year-over-year), which paradoxically improves long-term profitability by increasing ride frequency and rider retention. Lyft's path to sustained profitability depends on achieving greater operational leverage as the marketplace matures and expanding higher-margin adjacent services.
Competitive moat
Lyft's competitive moat is moderate but vulnerable, primarily built around network effects and operational scale rather than proprietary technology or regulatory barriers. The company benefits from a two-sided marketplace where more drivers attract more riders and vice versa, creating some natural defensibility in established markets. The company's strongest moat elements include its driver preference advantage, with a 16-point preference gap over competitors as of Q4 2024, suggesting superior driver experience and retention. Lyft has also built operational expertise in fleet management, demand forecasting, and marketplace optimization that would be difficult for new entrants to replicate quickly. The company's brand recognition and established rider base in key metropolitan markets provide some switching cost advantages. However, Lyft's moat faces significant challenges. The core ridesharing technology is not particularly differentiated, and Uber's larger scale provides competitive advantages in driver utilization, pricing power, and geographic coverage. The threat of autonomous vehicles represents a potential long-term disruption, though Lyft is positioning itself as a platform partner for AV deployment rather than developing the technology in-house. New competitive threats could emerge from adjacent industries, including traditional transportation companies, technology giants with existing consumer relationships, or specialized mobility providers. The regulatory environment remains fluid, with potential changes to driver classification laws or local transportation regulations that could impact the business model. Lyft's moat is best characterized as operationally strong but strategically narrow - the company executes well within its current market position but lacks the diversification or technological differentiation to ensure long-term competitive immunity. Success depends largely on execution excellence and strategic positioning around emerging trends like autonomous vehicles and multimodal transportation.
Risks & safety
Lyft presents a moderate margin of safety with improving financial metrics but some structural vulnerabilities. • Liquidity position: $1.25 billion in cash and short-term investments as of Q1 2025, providing adequate runway. However, current ratio of 0.77 indicates working capital constraints. • Debt levels: Debt-to-equity ratio of 0.67 is manageable, though total liabilities exceed assets. The company has reduced leverage from previous years. • Cash generation: Strong improvement with $767 million in free cash flow for 2024, up from negative $248 million in 2023. Operating cash flow positive at $287 million in Q1 2025. • Valuation metrics: Trading at 6.9x price-to-book and 28x EV/EBITDA based on 2024 results. P/E ratio around 21x suggests reasonable valuation for growth profile. • Profitability trajectory: Achieved first full year of GAAP profitability in 2024 with $23 million net income, marking significant operational improvement. • Other considerations: Business model remains sensitive to competitive dynamics and regulatory changes. Share buyback program of $750 million demonstrates capital allocation confidence.
Recent development
Over the past two years, Lyft has undergone significant strategic evolution focused on operational efficiency and diversification. The company achieved its first full year of GAAP profitability in 2024, marking a crucial milestone after years of losses. Key strategic initiatives include the launch of Lyft Media, an advertising platform that reached a $50 million annual run rate in 2024 and is targeting $100 million by 2025. This represents a major diversification into higher-margin revenue streams. The company has also expanded premium services, with Lyft Black and SUV rides growing 41% year-over-year. Product innovations have centered around improving marketplace efficiency and rider experience. The Price Lock subscription service, launched nationwide, provides fare predictability for commuters and has generated 1.6 million rides. Lyft has reduced surge pricing by 40% year-over-year while maintaining marketplace balance, demonstrating improved algorithmic sophistication. International expansion accelerated with the acquisition of FREENOW, a European mobility platform operating in nine countries. This marks Lyft's first significant international presence and provides a foundation for global growth. The company has also expanded aggressively in Canada, with rides growing 55% year-over-year. Autonomous vehicle partnerships represent a major strategic pivot, with collaborations established with May Mobility, Mobileye, and other AV developers. Rather than developing proprietary AV technology, Lyft is positioning itself as the preferred platform for AV deployment and fleet management. The company has also launched innovative features like Women+ Connect for enhanced safety and expanded enterprise partnerships with healthcare organizations and corporate clients, diversifying beyond consumer ridesharing into B2B markets.
LYFT company profile · for informational purposes only — not investment advice.
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