secwatch.observer — SEC 8-K summary
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Issuer:     Lyft, Inc. (LYFT)
CIK:        0001759509
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-032102
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759509/000162828026032102/0001628280-26-032102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759509/000162828026032102/lyft-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-032102

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer