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Lyft, Inc. LYFT Q2 2026 earnings

Reported August 6, 2026 · After market close

Revenue$1.8BBeat by $37.9M
EPS$0.13Miss by $0.01
Revenue estimate$1.8B
EPS estimate$0.14
“We have surpassed 30 million Active Riders globally, our highest ever, as more people embed Lyft into their everyday lives”
Lyft CEO David Risher.

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$1.9B
EPS estimate$0.44

Financials

Q2 2026

Income statement

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Revenue$1.8B+16.1%
Gross profit$917.1M+40.6%
Operating income$47.6M+1,857%
Net income$50.3M+24.8%
EPS (diluted)$0.13+30.0%

Balance sheet

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Cash & equivalents$527.4M+38.1%
Total debt$1.3B+59.7%
Total equity$3.0B+313%
Total assets$9.1B+69.6%

Cash flow

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Operating cash flow$349.9M+1.8%
CapEx$4.9M—
Free cash flow$345.1M+0.3%

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$5.94B-29.1%
Enterprise value$6.7B-23.9%
P/E2.1×-88.7×
P/S0.9×-0.5×

Profitability

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Gross margin45.5%+3.8pp
Operating margin-1.8%—
Net margin42.3%+40.8pp
FCF margin17.5%+0.5pp

Returns & leverage

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Return on equity152.6%+139pp
Debt / equity0.4×-0.7×
Current ratio0.6×-0.1×

FAQ

When did Lyft, Inc. report Q2 2026 earnings?
Lyft, Inc. (LYFT) reported Q2 2026 earnings on August 6, 2026 after market close.
What were Lyft, Inc.'s Q2 2026 revenue and EPS?
Lyft, Inc. reported revenue of $1.8B and eps of $0.13 for Q2 2026.
Did Lyft, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $1.8B by $37.9M. EPS missed the consensus estimate of $0.14 by $0.01.
How did Lyft, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 16.1% from $1.6B a year earlier and eps declined 48.0% from $0.25.
Where can I find Lyft, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-054305) and the 10-Q periodic report (0001628280-26-054499) directly on SEC EDGAR. The filing index links above go to sec.gov.