---
schema_version: "secwatch.filing_event.v1"
accession: "0001759509-23-000091"
form_type: "8-K"
ticker: "LYFT"
cik: "0001759509"
company_name: "Lyft, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:26:08.498414+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lyft Q2 revenue $1.02B (+3% YoY); net loss narrows to $114.3M; Q3 guidance $1.13-1.15B

## Summary
- Revenue $1,021M (+3% YoY); rides up 18% YoY; net loss $114.3M, improved from $377.2M in Q2'22.
- Adjusted EBITDA $41.0M (4.0% margin) vs -$196.3M in Q2'22; Q3 guided $75-85M (margin ~7%).
- Stock-based compensation and related taxes $116.6M included in net loss.
- CEO David Risher highlights second-highest standard rides ever and customer focus.
- Q3'23 revenue outlook $1,130-1,150M; adjusted EBITDA $75-85M.

## SEC filing metadata
- accession: 0001759509-23-000091
- form_type: 8-K
- ticker: LYFT
- cik: 0001759509
- company_name: Lyft, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000091/0001759509-23-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000091/lyft-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001759509-23-000091
- JSON: https://secwatch.observer/filing/0001759509-23-000091.json
- Plain text: https://secwatch.observer/filing/0001759509-23-000091.txt

## Key facts
- Earnings Releases
  Lyft, Inc. reported second quarter ended June 30, 2023 results: revenue $1.021 billion, net income $114.3 million.
  - Period: second quarter ended June 30, 2023
  - Revenue: $1.021 billion
  - Net income: $114.3 million
  - Result: reported results
  source text: and focused on delivering great experiences for drivers and riders. We’ve got lots more to do to build on our progress.” Second Quarter 2023 Financial Highlights • Revenue of $1.021 billion was up 3% year-over-year, reflecting strong growth in rideshare rides, up 18% year-over-year. • Net loss of $114.3 million compares with $187.6 million in Q1’23 and $377.2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000091/0001759509-23-000091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.