Former Amazon and Microsoft Executive David Risher to Become CEO Co-Founders Logan Green and John Zimmer to Serve as Chair and Vice Chair of Lyft Board, Sean Aggarwal to Serve as Lead Independent Director SAN FRANCISCO / Mar 27, 2023 / Business Wire / Lyft, Inc. (Nasdaq: LYFT) today announced that the company’s co-founders, Logan Green (chief executive officer) and John Zimmer (president) have decided to transition from... Read More

Lyft, Inc. (Nasdaq:LYFT) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. “In 2022 we took important steps to strengthen our business and delivered significant value to our customers,” said Logan Green , co-founder and chief executive officer of Lyft. “The better marketplace balance we see today creates significant opportunities for long-term profitable growth. To take... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the fourth fiscal quarter of 2022 after the close of the market on Thursday, February 9, 2023. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company’s Investor Relations page... Read More

Q3 revenue of $1.05 billion was an all-time high Q3 net loss of $422.2 million Q3 Adjusted EBITDA of $66.2 million exceeded our outlook Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2022. “I’m extremely proud of the strong results the team delivered in Q3. We are seeing material progress and organic tailwinds and feel very well positioned for the road ahead,” said Logan... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the third fiscal quarter of 2022 after the close of the market on Monday, November 7, 2022. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company’s Investor Relations page at... Read More

Lyft, Inc. (Nasdaq:LYFT) announced today that John Zimmer, President and Co-Founder, will participate in a fireside chat at the Credit Suisse 26th Annual Technology Conference on Tuesday, November 29, 2022. Mr. Zimmer is scheduled to appear at 11:40 a.m. Mountain Standard Time. A live webcast of the event will be available on the investor relations section of the Lyft website at http://investor.lyft.com . About Lyft Lyft was... Read More

The first fully-electric AV to be available on the Lyft network Las Vegas is the first city in Motional and Lyft's multimarket commercial deployment Today, Lyft, Inc. (Nasdaq: LYFT) and Motional , a global leader in driverless technology, announced the launch of Motional's new all-electric IONIQ 5-based robotaxi, an autonomous... Read More

Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its second quarter ended June 30, 2022. “We leaned in hard in Q2 and the team did fantastic work to drive strong results,” said Logan Green , co-founder and chief executive officer of Lyft. “We generated the highest Adjusted EBITDA in our company’s history and saw COVID highs for Active Riders, drivers and rides. It’s clear consumer transportation is a good... Read More

Lyft, Inc . (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the second fiscal quarter of 2022 after the close of the market on Thursday, August 4, 2022. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company’s Investor Relations page... Read More

Lyft, Inc. (Nasdaq: LYFT) announced today that John Zimmer, co-founder and president, will participate in a fireside chat at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference on Tuesday, May 24, 2022 in Boston, MA. Mr. Zimmer is scheduled to appear at 8:50 a.m. Eastern Time. A live webcast of the event will be available on the investor relations section of the Lyft website at... Read More

Lyft (NASDAQ: LYFT) has partnered with Valera Health , a tele-behavioral health service that provides comprehensive care for kids and adults with mild to severe mental illness, on a new initiative to raise awareness for May Mental Health Awareness Month. As a result of the pandemic, mental health conditions such as depression,... Read More

Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its first quarter ended March 31, 2022. “Q1 was better than we expected and rideshare ride volumes reached a new COVID high,” said Logan Green , co-founder and chief executive officer of Lyft. “This month Lyft will celebrate our 10th anniversary. I’m grateful to the team and incredibly excited about the roadmap we have to continue to grow our company.” “Our Q1... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the first fiscal quarter of 2022 after the close of the market on Tuesday, May 3, 2022. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company’s Investor Relations page at... Read More

Lyft (NASDAQ: LYFT) and Payfare (TSX: PAY) launched a cash back rewards program on all fuel purchases for U.S. Lyft drivers using a Lyft Direct debit card, powered by Payfare. In immediate response to rising fuel prices, Lyft Direct cardholders will now receive an increase in cash back rewards of 4-5% on every gas purchase until June 30, 2022. With a Lyft Direct account, Lyft drivers already access free, instant earnings... Read More

Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2021. “2021 was a big year. We strengthened our financial position and continued investing in exciting growth initiatives. I’m proud of the team for what we’ve accomplished together and I’m looking forward to building on our momentum,” said Logan Green , co-founder and chief executive officer of Lyft. “We are... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its fourth fiscal quarter ended December 31, 2021 after the close of the market on Tuesday, February 8, 2022. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please... Read More

Leading coconut water brand Vita Coco is bringing convenience and recovery straight to consumers this New Year’s Eve by partnering with Lyft to offer discounts on rides home and hydrating coconut water, perfect after a night out. Starting at midnight on December 31, 2021, Lyft users who enter Vita Coco’s limited-time code ( COCOMODE ) on the Rewards page of the Lyft app will activate “Coconut Mode,” where all available cars... Read More

Olo (NYSE: OLO), a leading on-demand commerce platform powering the restaurant industry’s digital transformation, today announced a partnership with Lyft (NASDAQ: LYFT), one of the largest transportation networks in North America, through Olo’s Dispatch solution to deliver digital orders for Olo’s network of restaurant brands. Olo's Dispatch product allows restaurant brands to accommodate delivery for orders generated... Read More

Lyft (Nasdaq:LYFT) today announced that Elaine Paul has been named chief financial officer, effective January 3, 2022. Paul replaces Brian Roberts, who is stepping down but will remain an advisor until June 2022 to assist with the transition. “Elaine is a seasoned leader with a commanding record of driving growth in tech and consumer-facing industries. We’re excited to have her bring this experience to Lyft,” said Lyft... Read More

Motional , a global leader in driverless technology, and Lyft, Inc. (Nasdaq: LYFT) today announced the planned launch of a fully driverless public ride-hail service in Las Vegas , the first city in a multimarket deployment. Motional's next-generation robotaxis, the all-electric Hyundai IONIQ 5-based robotaxi, will be available... Read More

Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2021. “We had a great quarter. Driver supply materially improved in Q3, up nearly 45% versus last year, reflecting strong new driver trends,” said Logan Green , co-founder and chief executive officer of Lyft. “We are well positioned for a continued recovery and I’m excited to build on the momentum in our business.” “In Q3 we... Read More

Lyft, Inc. (Nasdaq:LYFT) announced today that John Zimmer, President and Co-Founder, will keynote at the Credit Suisse 25th Annual Technology Conference on Wednesday, December 1, 2021 in Scottsdale, Arizona. Mr. Zimmer is scheduled to appear at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time). A live webcast of the event will be available on the investor relations section of the Lyft website at http://investor.lyft.com.... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its third fiscal quarter ended September 30, 2021 after the close of the market on Tuesday, November 2, 2021. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please... Read More

Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its second quarter ended June 30, 2021. “We had a great quarter. We beat our outlook across every metric and we have growing momentum,” said Logan Green , co-founder and chief executive officer of Lyft. “Since our inception, we’ve worked hard to defy the odds with a deep belief in our mission. We’ve consistently innovated and made big bets and this is just the... Read More

Add after second paragraph in About Lyft section: This announcement contains forward-looking statements about Lyft, including statements about its autonomous vehicle strategy. Factors that could cause actual results to differ materially from those addressed in the forward-looking statements are detailed in Lyft’s filings with the Securities and Exchange Commission. Lyft does not undertake an obligation to update our... Read More

In an industry-first collaboration, Argo AI, Lyft and Ford Motor Company are working together to commercialize autonomous ride hailing at scale. The unique collaboration brings together all of the parts necessary to create a viable autonomous ride hailing service, including the self-driving technology, vehicle fleet and transportation network needed to support a scalable business and deliver an exceptional experience for... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its second fiscal quarter ended June 30, 2021 after the close of the market on Tuesday, August 3, 2021. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the... Read More

Lyft, Inc. (Nasdaq: LYFT) announced today that John Zimmer, President and Co-Founder, will participate as a keynote speaker at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on Monday, May 24, 2021. Mr. Zimmer is scheduled to appear at 2:55 p.m. PST (5:55 p.m. EST). A live webcast of the event will be available on the investor relations section of the Lyft website at... Read More

Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its first quarter ended March 31, 2021. “The improvements we’ve made over the last year are paying off - we’ve built a much stronger business. As the recovery continues, we are confident that we will be able to deliver strong financial results” said Logan Green , co-founder and chief executive officer of Lyft. “We expect to build a significantly larger company by... Read More

Lyft, Inc. (LYFT) announced today that the company has signed an agreement with Woven Planet Holdings, Inc., (“Woven Planet”), a subsidiary of Toyota Motor Corporation, for the acquisition of Lyft’s self-driving vehicle division, Level 5. The transaction also includes multi-year non-exclusive commercial agreements between Lyft and Woven Planet to accelerate the development and enhance the safety of automated driving... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its first fiscal quarter ended March 31, 2021 after the close of the market on Tuesday, May 4, 2021. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the... Read More

Lyft, Inc. (NASDAQ: LYFT) today announced new partners are joining its nationwide campaign to support access to the coronavirus vaccines. Two of Lyft’s largest loyalty programs, Hilton and Delta Air Lines , are working with Lyft and, alongside founding partners, JPMorgan Chase and others, will mobilize their members to provide access to rides to vaccination sites to those in need. With the help of these and other partners,... Read More

Fourth quarter revenue of $570 million grew 14% quarter-over-quarter Exceeded annualized fixed cost reduction target in Q4 Positioned for strong organic growth and margin expansion as the recovery takes hold Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2020. “Despite the difficult backdrop in 2020, we continued to focus on improving our business for the... Read More

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its fourth fiscal quarter ended December 31, 2020 after the close of the market on Tuesday, February 9, 2021. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please... Read More