Lyft Q1 revenue $1.7B (+14% YoY), net income $14.2M; guides Q2 bookings growth 18-21%

Lyft, Inc.

2026-Q1 EPS reported $0.04 revenue$1,650,489,000

Gross Bookings $4.9B (+19% YoY); Active Riders 28.3M (+17% YoY) — 6th straight quarter of double-digit growth.
Net income $14.2M (vs $2.6M in Q1'25); Adjusted EBITDA $132.8M (+25% YoY); free cash flow $1.1B trailing 12 months (all-time high).
Q2 guidance: Gross Bookings $5.30B-$5.43B (+18-21% YoY); Adjusted EBITDA $160M-$180M (margin ~3.0-3.3%).
Acquired Gett's UK business to expand in London; Nashville Flexdrive AV to open this fall; first Baidu vehicles secured in UK.
Nearly 27% of rides in North America linked to partnerships (all-time high); expanded with Chase, DoorDash, United Airlines.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Lyft, Inc. reported the first quarter ended March 31, 2026 results: revenue $1.7 billion, net income $14.2 million.

Period: the first quarter ended March 31, 2026
Revenue: $1.7 billion
Net income: $14.2 million
Result: reported results

Exact text from the filing

and drives confidence in our growth to accelerate in Q2.” First Quarter 2026 Financial Highlights • Gross Bookings of $4.9 billion, up 19% year over year. • Revenue of $1.7 billion, up 14% year over year. • Net income of $14.2 million compared to $2.6 million in Q1'25. ◦ Net income as a percentage of Gross Bookings of 0.3% compared to 0.1% in Q1'25. •

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Source: SEC EDGAR

accession 0001628280-26-032102

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