Lyft (NASDAQ: LYFT) reported revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.76 billion.

• Net income of $2.8 billion, which includes a benefit from the release of the valuation allowance, compared to $61.7 million in Q4'24.

Q1’26 Outlook
•Gross Bookings of approximately $4.86 billion to $5.00 billion, up approximately 17% to 20% year over year.
•Adjusted EBITDA of approximately $120 million to $140 million.
◦Adjusted EBITDA margin (calculated as a percentage of Gross Bookings) of approximately 2.5% to 2.8%, in line with Q1 2025.

For earnings history and earnings-related data on Lyft (LYFT) click here.