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Lyft, Inc. LYFT Remeasurement of finance and operating lease right-of-use assets

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Other financials

Income statement

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Revenue$1.7B+13.8%
Gross profit$786.3M+33.9%
Operating income-$5.3M+81.5%
Net income$14.3M+455%
EPS (diluted)$0.04+300%

Balance sheet

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Cash & equivalents$461.3M+42.3%
Total debt$1.3B+4.9%
Total equity$3.0B+261%
Total assets$8.9B+56.8%

Cash flow

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Operating cash flow$307.7M+7.1%
CapEx$9.7M-6.8%
Free cash flow$298.0M+7.6%

Valuation

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Market cap$5.42B+6.7%

Profitability

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Gross margin43.2%+1.1pp
Operating margin-2.5%
Net margin43.8%+42.9pp
FCF margin18.2%+2.0pp

Returns & leverage

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Return on equity147.8%+139pp
Debt / equity0.4×-1.0×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by Lyft, Inc. in its filing.

Tagged under the XBRL concept lyft:RemeasurementOfFinanceAndOperatingLeaseRightOfUseAssetsForLeaseModification.

The official record: Lyft, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lyft, Inc.'s remeasurement of finance and operating lease right-of-use assets?
Lyft, Inc. (LYFT) reported remeasurement of finance and operating lease right-of-use assets of -$3.66M in Q1 2026.
How has Lyft, Inc.'s remeasurement of finance and operating lease right-of-use assets changed year-over-year?
Lyft, Inc.'s remeasurement of finance and operating lease right-of-use assets decreased by 618.1% year-over-year, from -$509K to -$3.66M.
What does remeasurement of finance and operating lease right-of-use assets mean?
Captures adjustments to the carrying value of right-of-use assets resulting from lease modifications, reassessments, or changes in lease terms. This metric reflects the volatility and management of the company's lease portfolio over time. It provides transparency into how accounting estimates for long-term rental or lease commitments are updated.