earnings
confidence high
sentiment positive
materiality 0.75
Lyft Q2 revenue $990.7M (+30% YoY); Adj EBITDA $79.1M beats guidance range
Lyft, Inc.
2022-Q2 EPS reported
-$1.65
revenue$1,866,323,000
- Revenue $990.7M, up 30% YoY and 13% QoQ; net loss $377.2M includes $179.1M stock-based comp.
- Adjusted EBITDA $79.1M, well above prior guidance of $10-20M; margin 8.0%.
- Active Riders 19.86M (+15.9% YoY); revenue per active rider $49.89 (+11.8% YoY).
- Adjusted net income $46.4M vs adjusted net loss of $18.0M in Q2 2021.
- Unrestricted cash & short-term investments $1.8B at quarter end.