NASDAQ$LYFT

LYFT Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Lyft's Q4 2022 earnings were announced, with revenue reaching a company record, although the company reported a net loss and negative Adjusted EBITDA.

Lyft's Q4 2022 revenue reached a company record of $1.2 billion, a 21% increase year-over-year. However, the company reported a net loss of $588.1 million and a negative Adjusted EBITDA of $248.3 million, influenced by strengthening insurance reserves. The company anticipates Q1 2023 revenue of approximately $975 million and Adjusted EBITDA between $5 million and $15 million.

  • Revenue of $1.2 billion, a 21% increase from Q4 2021.
  • Strengthened insurance reserves by $375 million, impacting cost of revenue and general & administrative expenses.
  • Net loss of $588.1 million, which includes $201.3 million of stock-based compensation and related payroll tax expenses.
  • Adjusted EBITDA was a negative $248.3 million.

Headline financials

Total Revenue

$1.18B

Previous: $970M+21.1%
EPS (adj)

-$0.76

Previous: $0.09-944.4%
Active Riders

20.4M

Previous: 18.7M+8.7%
Net Income

-$588M

Previous: -$259M-127.4%
Operating Income

-$1.46B

Previous: -$1.08B-34.8%
Gross Profit

$401M

Previous: $1.56B-74.3%
Cash & Equivalents

$281M

Previous: $457M-38.5%
Total Assets

$4.56B

Previous: $4.77B-4.6%
Stock-Based Comp

$199M

Previous: $161M+23.9%

Revenue & EPS history

Lyft · Revenue · Quarterly

$1.18B

Q4 2022+21.1%vs Q4 2021
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Forward guidance

For Q1 2023, Lyft anticipates revenue of approximately $975 million and Adjusted EBITDA between $5 million and $15 million.

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 2022

Historical avgQ4 2022

-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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