NewsMV

Lyft Q2 revenue of $1.84 billion clears consensus as gross bookings and active rider count both beat estimates

8/7/2026

Second-quarter revenue of $1.84 billion puts Lyft (LYFT) ahead of the $1.82 billion consensus estimate, with gross bookings of $5.50 billion clearing the $5.37 billion projection and active riders of 30.5 million topping the 30.16 million estimate.

Adjusted EBITDA reached $177.2 million against an expected $170.4 million, while earnings per share of 13 cents matched consensus.

Bookings and volume beat on count and frequency Total rides for the quarter came in at 262.4 million, above the 260.54 million projection. Active riders reached 30.5 million, clearing the 30.16 million estimate.

Rider count and rides per active rider can move in opposite directions when the base grows but average trip frequency slips. Both metrics clearing in the same quarter removes that uncertainty from the setup.