Lyft Q3 2024: Revenue $1.5B +32% YoY, record riders & rides, raised FY outlook

Lyft, Inc.

2024-Q3 EPS reported -$0.10 revenue$4,235,739,000

Gross Bookings $4.1B (+16% YoY), revenue $1.5B, net loss $12.4M (incl. $36.4M restructuring charge), Adj. EBITDA $107.3M.
Record Active Riders 24.4M (+9% YoY) and Rides 217M (+16% YoY); free cash flow $242.8M in Q3.
Raised FY outlook: Adj. EBITDA margin to ~2.3% (from 2.1%), free cash flow >$650M; Q4 GB guided $4.28B-$4.35B.
Autonomous partnerships with Mobileye, May Mobility, Nexar starting 2025 in Atlanta; also partnered with DoorDash.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.