Lyft (LYFT) Q3 FY2026 earnings: revenue $1.8 billion, up 8.1% on the year
Lyft, Inc. (LYFT) reported revenue of $1.8 billion for Q3 FY2026, the quarter ended 30 September 2026, up 8.1% on the same quarter a year earlier. Net income was -$10 million, and diluted earnings per share $-0.03. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.
Revenue
$1.8 billion
+8.1% on the year · -1.2% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-1.1%
1.4% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$10 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.03
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 3 new.
Gross Bookings rose 17%: Gross Bookings were $5.6 billion, up 17% year over year. The company reported record Gross Bookings for the quarter.
North American rides growth accelerated: Rides growth accelerated sequentially in North America, with momentum in both the U.S. and Canada, according to the company.
Adjusted EBITDA rose 47%: Adjusted EBITDA was $203.9 million, up from $138.9 million. Its margin on Gross Bookings was 3.6%, against 2.9% a year earlier.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
328
350
291
-6.1%
+12.8%
Cash from investing
29.8
-115
-180
Cash from financing
-112
-162
188
Depreciation and amortisation
39.9
38.8
33.8
+2.8%
+18.1%
Share-based compensation
53.9
76.6
66.6
-29.6%
-19.0%
Buybacks
50.0
100
200
-50.0%
-75.0%
Diluted shares, weighted
379m
386m
413m
-2.0%
-8.3%
Shares outstanding at period end
378m
379m
399m
-0.2%
-5.4%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
2,981
3,024
573
-1.4%
+420.2%
Debt
1,052
1,044
1,063
+0.8%
-1.0%
Operating lease liabilities
148
156
151
-5.2%
-2.0%
Finance lease liabilities
26.8
30.6
45.3
-12.5%
-40.9%
Other liabilities
5,073
4,853
4,111
+4.5%
+23.4%
Total liabilities and equity
9,281
9,107
5,943
+1.9%
+56.2%
Goodwill
491
477
390
+3.0%
+26.1%
Intangible assets
159
165
135
-3.2%
+18.0%
Investments
596
657
687
-9.2%
-13.2%
Cash and equivalents
1,309
1,138
1,306
+15.0%
+0.2%
Other assets
6,725
6,671
3,426
+0.8%
+96.3%
Total assets
9,281
9,107
5,943
+1.9%
+56.2%
Questions
What was Lyft's revenue in Q3 FY2026?
Lyft (LYFT) reported revenue of $1.8 billion for Q3 FY2026, the quarter ended 30 September 2026, up 8.1% on the same quarter a year earlier.
How much did Lyft earn in Q3 FY2026?
Net loss for Q3 FY2026 was $10 million, and the diluted loss per share $0.03.
When did Lyft report Q3 FY2026 results?
Lyft filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 6 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 6 November 2026: the filing.