---
schema_version: "secwatch.filing_event.v1"
accession: "0001759509-23-000108"
form_type: "8-K"
ticker: "LYFT"
cik: "0001759509"
company_name: "Lyft, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:54:01.568221+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lyft Q3 Adjusted EBITDA $92M, revenue $1.16B; guides Q4 EBITDA $50M-$60M

## Summary
- Q3 revenue $1.158B (+10% YoY); net loss narrowed to $12.1M from $114.3M in Q2 and $422.2M in Q3'22.
- Adjusted EBITDA $92.0M (2.6% of $3.554B Gross Bookings), up from $41.0M Q2 and -$26.7M Q3'22.
- Rides 187M (+20% YoY), Active Riders 22.4M (+10% YoY).
- Introduced new metrics: Gross Bookings, Rides, and Adjusted EBITDA margin as % of Bookings.
- Q4 outlook: Gross Bookings $3.6B-$3.7B; Adjusted EBITDA $50M-$60M; revenue mid-single digits QoQ.

## SEC filing metadata
- accession: 0001759509-23-000108
- form_type: 8-K
- ticker: LYFT
- cik: 0001759509
- company_name: Lyft, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000108/0001759509-23-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000108/lyft-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001759509-23-000108
- JSON: https://secwatch.observer/filing/0001759509-23-000108.json
- Plain text: https://secwatch.observer/filing/0001759509-23-000108.txt

## Key facts
- Earnings Releases
  Lyft, Inc. reported third quarter ended September 30, 2023 results: revenue $1.158 billion, net income $12.1 million.
  - Period: third quarter ended September 30, 2023
  - Revenue: $1.158 billion
  - Net income: $12.1 million
  - Result: reported results
  source text: healthy and profitable business that our customers love.” Third Quarter 2023 Financial Highlights • Gross Bookings of $3.554 billion was up 15% year-over-year. • Revenue of $1.158 billion was up 10% year-over-year. • Net loss of $12.1 million compares with $114.3 million in Q2’23 and $422.2 million in Q3’22. Net loss includes $100.4 million of stock-based
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000108/0001759509-23-000108-index.htm

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