NASDAQ$LYFT

LYFT Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Lyft reported a solid Q4 2021 with revenue growth and advancements in profitability.

Lyft's Q4 2021 saw a 70% year-over-year increase in revenue, reaching $969.9 million. The company also achieved a net loss of $258.6 million, an improvement from the $458.2 million net loss in Q4 2020. Adjusted EBITDA was $74.7 million, a significant increase compared to the Adjusted EBITDA loss of $150.0 million in the same quarter of the previous year.

  • Q4 2021 revenue increased by 70% year-over-year to $969.9 million.
  • Net loss for Q4 2021 was $258.6 million, an improvement from Q4 2020.
  • Adjusted EBITDA for Q4 2021 reached $74.7 million, a substantial increase from the previous year.
  • Lyft reported $2.3 billion of unrestricted cash, cash equivalents and short-term investments as of December 31, 2021.

Headline financials

Total Revenue

$970M

Previous: $570M+70.2%
EPS (adj)

$0.09

Previous: -$0.59+115.3%
Active Riders

18.7M

Previous: 12.6M+49.2%
Net Income

-$259M

Previous: -$458M+43.6%
Operating Income

-$1.08B

Previous: -$1.81B+40.1%
Gross Profit

$1.56B

Previous: $178M+776.9%
Cash & Equivalents

$457M

Previous: $320M+43.0%
Total Assets

$4.77B

Previous: $4.68B+2.0%
Stock-Based Comp

$161M

Previous: $133M+20.7%

Revenue & EPS history

Lyft · Revenue · Quarterly

$970M

Q4 2021+70.2%vs Q4 2020
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Despite short-term headwinds from omicron, Lyft remains optimistic about full-year 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-1.8%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-3.0%

Avg return

30 days after

43%

12 / 28 earnings

Positive

+32.2%

Q4 2023

Best reaction

-38.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.5%-3.7%-3.5%
Q4 2025-17.0%-21.2%-22.4%
Q3 2025+2.7%+20.4%+14.4%
Q1 2025+27.8%+29.7%+19.5%
Q4 2024-7.9%-6.7%-17.2%
Q3 2024+28.2%+34.7%+15.5%
Q2 2024-8.2%-11.5%+0.8%
Q1 2024+1.5%-1.9%-10.4%
Q4 2023+32.2%+44.4%+43.6%
Q3 2023-6.9%-9.8%+22.0%
Q2 2023-5.2%+3.7%-1.6%
Q1 2023-20.8%-20.8%-12.0%
Q4 2022-38.4%-35.8%-48.0%
Q3 2022-20.7%-7.6%-24.9%
Q2 2022+21.4%+11.7%-12.6%
Q1 2022-31.6%-34.9%-41.7%
Q4 2021+12.5%+2.3%-3.8%
Q3 2021+5.7%+15.4%-11.3%
Q2 2021-11.6%-6.4%-12.0%
Q1 2021-7.8%-12.3%-1.3%
Q4 2020+5.2%+7.9%+17.4%
Q3 2020-3.4%-0.4%+27.6%
Q2 2020-5.8%-11.4%+0.4%
Q1 2020+19.1%+17.5%+44.7%
Q4 2019-9.8%-16.8%-55.5%
Q3 2019-5.1%-1.9%+12.1%
Q2 2019+5.8%-4.3%-24.2%
Q1 2019-12.6%-15.7%+1.8%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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