{"schema_version":"secwatch.filing_event.v1","accession":"0001759509-24-000064","form_type":"8-K","ticker":"LYFT","cik":"0001759509","company_name":"Lyft, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.929011+00:00","generated_at":"2026-06-02T19:27:46.233987+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Lyft Q1 revenue up 28% YoY to $1.3B; net loss narrows; raises FY free cash flow guidance","bullets":["Gross Bookings $3.7B (+21% YoY); revenue $1.3B (+28% YoY); net loss $31.5M narrowed from $187.6M loss in Q1'23.","Adjusted EBITDA $59.4M (1.6% margin) vs $22.7M in Q1'23; Q2 guidance Adj EBITDA $95-100M (margin ~2.4%).","Rides 188M (+23% YoY), active riders 21.9M (+12% YoY); driver earnings commitment launched in Feb improved perceptions.","FY 2024 free cash flow conversion guidance raised: expects at least 70% of Adjusted EBITDA to convert, up from prior expectation."],"urls":{"canonical":"https://secwatch.observer/filing/0001759509-24-000064","json":"https://secwatch.observer/filing/0001759509-24-000064.json","markdown":"https://secwatch.observer/filing/0001759509-24-000064.md","text":"https://secwatch.observer/filing/0001759509-24-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759509/000175950924000064/0001759509-24-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759509/000175950924000064/lyft-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:27:46.233987+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d294c02329e52022fabf34e7fdd8e31f8e5b1477","claim":"Lyft, Inc. reported the quarter ended March 31, 2024 results: revenue $1.3 billion, net income Net loss of $31.5 million. Guidance raised.","evidence_excerpt":"with an improved outlook for our full-year free cash flow.” First Quarter 2024 Financial Highlights: • Gross Bookings of $3.7 billion was up 21% year-over-year. • Revenue of $1.3 billion was up 28% year-over-year. • Net loss of $31.5 million compares with $187.6 million in Q1’23. Net loss includes $87.5 million of stock-based compensation and related payroll tax","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759509/000175950924000064/0001759509-24-000064-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$1.3 billion"},{"label":"Net income","value":"Net loss of $31.5 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}