earnings
confidence high
sentiment positive
materiality 0.78
Lyft Q1 revenue $875.6M (+44% YoY), adjusted EBITDA profit $54.8M, beats outlook
Lyft, Inc.
2022-Q1 EPS reported
-$0.57
revenue$875,575,000
- Net loss narrowed to $196.9M from $427.3M YoY; adjusted net income of $24.6M.
- Active riders 17.8M (+31.9% YoY); revenue per active rider $49.18 (+9% YoY).
- Contribution margin 57.4%, above 56.5% outlook; Adjusted EBITDA margin +6.3%.
- Unrestricted cash $2.2B; management cites 'meaningfully exceeded' outlook.