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.

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