NASDAQ$LYFT
LYFT Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Lyft reported a record-breaking Q4 2024 with significant revenue growth, net income profitability, and strong operational performance. Revenue grew by 27% year-over-year, net income reached $61.7 million compared to a net loss in Q4 2023, and gross bookings increased 15%. The company also saw a rise in active riders and rides, achieving all-time highs.
Headline financials
Revenue & EPS history
Lyft · Revenue · Quarterly
$1.55B
Forward guidance
Lyft expects continued growth in rides and bookings for Q1 2025, driven by strong rider and driver engagement. However, the company anticipates pricing challenges in the U.S. market.
Tailwinds
- Expected rides growth in the mid-teens year-over-year.
- Gross bookings projected to grow between 10% and 14% year-over-year.
- Adjusted EBITDA expected to be between $90 million and $95 million.
- Expansion of service levels to improve market share.
- Strong engagement from both riders and drivers.
Headwinds
- Pricing environment in the U.S. remains challenging.
- Potential regulatory risks affecting rideshare operations.
- Increased competition from other rideshare platforms.
- Macroeconomic uncertainty impacting consumer demand.
- Potential cost pressures from insurance and operational expenses.
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 2024
-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
| Quarter | Report date | Reaction (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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