LYFT Lyft (LYFT) Q1 FY26 earnings call
Lyft delivered a strong Q1 FY26, exceeding financial commitments with double-digit growth in gross bookings and adjusted EBITDA, driven by healthy rideshare demand and strategic partnerships. The company continues to expand its global footprint through acquisitions like Gett's U.K. business and advance its autonomous vehicle strategy with Waymo in Nashville, while managing marketplace dynamics and investing in rider incentives. Management remains bullish on AVs and aims for over 1 billion rides in FY26.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
LYFT operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Partnership ride requests share | ~27%So to your question, we got a record number of rides this quarter from partnership tagged rides -- ride requests, so about 27%, I think.Source: earnings call transcript | ~30%We're also seeing unprecedented success in our ecosystem of partnerships with approximately 30% of North American rideshare rides linked to a partner, a new all-time high, highlighting the scalable impact of our collaborations with leaders like DoorDash and United Airlines.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.