Highest-materiality recent filing
Three Class I directors elected: David Risher, Deborah Hersman, Dave Stephenson, each with over 255M votes.
Lyft Q1 revenue $1.7B (+14% YoY), net income $14.2M; guides Q2 bookings growth 18-21%
Gross Bookings $4.9B (+19% YoY); Active Riders 28.3M (+17% YoY) — 6th straight quarter of double-digit growth.
Lyft reports record Q4 and FY 2025; revenue $1.6B, net income $2.8B; announces $1B buyback
Q4 2025 revenue $1.6B (+3% YoY), net income $2.8B (includes valuation allowance release), adjusted EBITDA $154.1M (+37% YoY).
Lyft appoints Deborah Hersman to board; former NTSB chair and Waymo safety chief
Deborah Hersman appointed effective January 25, 2026 as Class I director, term expiring at 2026 annual meeting.
Lyft posts record Q3: revenue $1.7B, net income $46.1M, TTM free cash flow $1.03B
Gross Bookings $4.8B (+16% YoY); revenue $1.7B (+11% YoY); net income $46.1M vs $(12.4)M loss in Q3'24.
Lyft prices $450M convertible notes due 2030; uses proceeds for capped calls and stock buyback
Issued $450M (plus $50M option) of 0% convertible notes due 2030; net proceeds ~$487.7M.
Logan Green and John Zimmer resign from Board effective Aug 14, 2025; Sean Aggarwal elected Chair.
Lyft reports record Q2: Revenue $1.6B, Adj. EBITDA $129.4M, Rides up 14% YoY
Net income of $40.3M (vs $5.0M in Q2'24); record Gross Bookings $4.5B, up 12% YoY.
Lyft adopts Employee Incentive Compensation Plan for named executives and other employees
Board approved plan on July 24, 2025, covering all employees including named executive officers.
Lyft appoints Stephen Hope as Chief Accounting Officer effective July 7, 2025
Stephen Hope, formerly Autodesk SVP and CAO (Sept 2018–June 2025), joins as Lyft CAO.
Lyft shareholders approve director slate, auditor, say-on-pay; reject AI assessment proposal
Three Class III directors elected: Aggarwal (337.7M for), Beggs (415.9M for), Stevenson (373.9M for).
Lyft director Ariel Cohen resigns; Board to reduce to nine members
Ariel Cohen resigned from Lyft's Board effective May 22, 2025, citing other professional responsibilities.
Lyft Q1 2025: revenue up 14%, net income $2.6M, buyback boosted to $750M
Revenue $1.5B (+14% YoY); net income $2.6M vs net loss $31.5M in Q1'24.
Lyft acquires European mobility app FREENOW for €175M to expand internationally
Lyft to acquire FREENOW from BMW and Mercedes-Benz for €175M (~$197M) in cash; deal expected to close H2 2025.
Lyft CAO Lisa Blackwood-Kapral to depart March 6; CFO Erin Brewer interim CAO
Lisa Blackwood-Kapral, Chief Accounting Officer, departing Lyft effective March 6, 2025.
Lyft reports record Q4: $1.6B revenue (+27% YoY), first full-year GAAP profit, $500M buyback
Q4 net income $61.7M vs loss -$26.3M; full-year net income $22.8M vs loss -$340.3M.
Lyft Q3 2024: Revenue $1.5B +32% YoY, record riders & rides, raised FY outlook
Gross Bookings $4.1B (+16% YoY), revenue $1.5B, net loss $12.4M (incl. $36.4M restructuring charge), Adj. EBITDA $107.3M.
Lyft restructures bikes/scooters unit; expects $34M-$46M charges
Restructuring involves disposal of bike/scooter assets and termination of ~1% of employees.
Lyft reports first-ever GAAP profit of $5M; Q2 revenue up 41% YoY, active riders hit 23.7M
Net income $5.0M vs loss $114.3M in Q2'23; first GAAP-profitable quarter.
Lyft President Kristin Sverchek to depart August 20, 2024; will advise through Nov 30
Kristin Sverchek to step down as President effective Aug 20, 2024; will serve as advisor through Nov 30, 2024.
Lyft shareholders elect three Class II directors, ratify auditor, approve say-on-pay
John Zimmer re-elected with 412.5M for, 9.2M withheld; David Lawee with 385.4M for, 36.3M withheld; Janey Whiteside with 413.5M for, 8.1M withheld.
2027 Gross Bookings CAGR target of ~15% from FY2024 to FY2027.
Lyft Q1 revenue up 28% YoY to $1.3B; net loss narrows; raises FY free cash flow guidance
Gross Bookings $3.7B (+21% YoY); revenue $1.3B (+28% YoY); net loss $31.5M narrowed from $187.6M loss in Q1'23.
$400M base notes + $60M overallotment; 0.625% coupon, convertible at $21.08/share (47.4366 shares/$1,000).
Lyft announces $400M convertible note offering due 2029; amends credit facility
Offering $400M (plus $60M overallotment) in convertible senior notes due 2029 to QIBs.
Lyft amends 8-K to correct FY2024 outlook; Q4 Adj EBITDA $66.6M, net loss narrows
Corrected FY2024 outlook: rides growth mid-teens, Gross Bookings slightly faster, Adj EBITDA margin +50bps YoY.
Lyft Q4'23 Adj EBITDA $66.6M vs -$248.3M YoY; guides FY'24 first positive FCF
Q4 revenue $1.2B (+4% YoY); net loss $26.3M improved from $588.1M loss in Q4'22.
Lyft appoints Jill Beggs to board of directors effective Dec 31, 2023
Jill Beggs appointed as Class III director, term expiring at 2025 annual meeting.
Amendment allows Lyft to repurchase up to $450M of its 2025 convertible senior notes.
Lyft appoints Betsey Stevenson to Board of Directors effective November 16, 2023
Betsey Stevenson appointed as Class III director with term expiring at 2025 Annual Meeting.
Lyft Q3 Adjusted EBITDA $92M, revenue $1.16B; guides Q4 EBITDA $50M-$60M
Q3 revenue $1.158B (+10% YoY); net loss narrowed to $12.1M from $114.3M in Q2 and $422.2M in Q3'22.
Two Lyft board directors resign; board size reduced to eight
Maggie Wilderotter and Valerie Jarrett resigned from Lyft's board effective Oct 12, 2023.
Lyft Q2 revenue $1.02B (+3% YoY); net loss narrows to $114.3M; Q3 guidance $1.13-1.15B
Revenue $1,021M (+3% YoY); rides up 18% YoY; net loss $114.3M, improved from $377.2M in Q2'22.
Lyft appoints Janey Whiteside to board effective July 31, 2023
Whiteside appointed as Class II director with term expiring at 2024 annual meeting.
Logan Green, David Risher, Dave Stephenson elected as Class I directors to 2026.
Lyft awards interim CFO Lisa Blackwood-Kapral $75,000 bonus for interim role
One-time $75,000 bonus approved on June 8, 2023 for Ms. Blackwood-Kapral's interim CFO service.
Erin Brewer named CFO, starts July 10, 2023; previously Managing Director at Charles Schwab, Head of Strategy/Finance at Atlassian, EVP/CAO at McKesson.
Lyft Q1 revenue $1.0B (+14% YoY), beats guidance; Adj. EBITDA $22.7M above range
Revenue of $1.0B, up 14% YoY and $26M above guidance midpoint of $975M.
Lyft to lay off 1,072 employees (26% of workforce) as part of restructuring plan
Terminates ~1,072 employees (26% of workforce); also eliminates over 250 open positions.
Lyft appoints Kristin Sverchek as President effective July 1; John Zimmer moves to advisor role
Sverchek succeeds John Zimmer as President; David Risher recommended she assume the role to focus on CEO duties.
Lyft co-founders step down; David Risher named CEO, effective April 17, 2023
Co-founders Logan Green (CEO) and John Zimmer (President) transition from executive roles; Green becomes Chair, Zimmer becomes Vice Chair.
Lyft records $120.3M in Q4 restructuring charges; expects up to $12M more in Q1 2023
Q4 2022 charges: $29.5M severance, $9.5M stock comp, $55.3M real estate impairment, $23.9M accelerated depreciation, $2.1M asset write-off.
Q4 2022 revenue highest in company history, per CEO; outperformed Adjusted EBITDA guidance excluding insurance reserve action.
Lyft appoints Airbnb CFO David Stephenson to Board of Directors
David E. Stephenson, CFO of Airbnb, appointed as Class I director; term expires at 2023 annual meeting.
Lyft amends bylaws to align with Delaware law, enhance stockholder nomination procedures
Amended Bylaws effective Nov 2, 2022; include updates for DGCL changes on meeting notices and written consent.
Lyft Q3 revenue all-time high $1.05B, Adj EBITDA $66.2M above outlook; $420M credit facility
Q3 revenue $1.054B (+22% YoY); net loss $422.2M including $224M stock-based comp and $135.7M impairment.
Lyft confirms guidance, lays off 683 employees (13%) and estimates $27-32M in charges
Lay off 683 employees (~13% of workforce) as part of cost reduction plan.
Lyft Q2 revenue $990.7M (+30% YoY); Adj EBITDA $79.1M beats guidance range
Revenue $990.7M, up 30% YoY and 13% QoQ; net loss $377.2M includes $179.1M stock-based comp.
Lyft stockholders elect directors, ratify PwC, approve say-on-pay, defeat lobbying proposal
Elected Sean Aggarwal, Ariel Cohen, and Maggie Wilderotter as Class III directors with >354M votes each.
Lyft Q1 revenue $875.6M (+44% YoY), adjusted EBITDA profit $54.8M, beats outlook
Net loss narrowed to $196.9M from $427.3M YoY; adjusted net income of $24.6M.
On May 22, 2025, Ariel Cohen informed Lyft, Inc. (the “Company”) of his resignation from the Company’s board of directors (the “Board”), effective immediately.
Effective upon Ms. Blackwood-Kapral’s departure, Erin Brewer, the Company’s Chief Financial Officer (“CFO”), will serve as interim CAO and principal accounting officer.
On March 3, 2025, Lyft, Inc. (the “Company”) announced that Lisa Blackwood-Kapral, the Company’s Chief Accounting Officer (“CAO”), will depart the Company effective March 6, 2025.
On July 23, 2024, Lyft, Inc. (the “Company”) announced that Kristin Sverchek, the Company’s President, and the Company agreed to terms pursuant to which Ms. Sverchek will depart the Company as an employee effective August 20, 2024.
On December 31, 2023, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed Jill Beggs to serve as a member of the Board, effective immediately.
On November 16, 2023, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed Betsey Stevenson to serve as a member of the Board, effective immediately.
On October 12, 2023, each of Mary Agnes (Maggie) Wilderotter and Valerie Jarrett informed Lyft, Inc. (the “Company”) of their respective resignations from the Company’s board of directors (the “Board”), effective immediately.
On October 12, 2023, each of Mary Agnes (Maggie) Wilderotter and Valerie Jarrett informed Lyft, Inc. (the “Company”) of their respective resignations from the Company’s board of directors (the “Board”), effective immediately.
On July 24, 2023, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed Janey Whiteside to serve as a member of the Board, effective July 31, 2023 as a Class II director with a term of office expiring at the Company’s 2024 Annual Meeting of Stockholders.
On May 16, 2023, Lyft, Inc. (the “Company”) announced the appointment of Erin Brewer as the Chief Financial Officer (“CFO”) of the Company.
Elaine Paul, the Company’s current CFO, will depart the Company effective May 19, 2023.
Lisa Blackwood-Kapral, the Company’s Chief Accounting Officer, will serve as interim CFO and principal financial officer during the period between Ms. Paul’s departure and the Effective Date.
Max materiality 0.90 · Median 0.65 · Most common event earnings