Lyft Reports Strong Q3 2026 Results
Business Wire•05/11/2026•16:05 ET
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Key Highlights
- ➤Gross Bookings $5.6 billion, up 17% year over year
- ➤Adjusted EBITDA $203.9 million, up 47% year over year
- ➤Active Riders reached record 31.6 million, up 10% year over year
- ➤Fourth-quarter Gross Bookings outlook $5.74 billion to $5.94 billion
- ➤Lyft launched Lyft Go membership program with up to 8% back
Expert Statements
David Risher, CEO of Lyft
“Neither rain nor heat nor the gloom of night can slow Lyft’s business. Our customer obsession drove our best financial performance ever. And today we launched Lyft Go, the industry’s best membership program”
David Risher, CEO of Lyft
“Looking ahead, our AV partnerships are preparing us to be the best hybrid operator in the business. The next five years will change how the world moves, and Lyft is setting the standard.”
Michael Brous, CFO of Lyft
“Strong execution led to rides acceleration in North America and helped us to deliver record Active Riders, Rides, and Gross Bookings as we surpassed $1 billion in trailing twelve-month cash generation for the fifth straight quarter”
Michael Brous, CFO of Lyft
“This durable growth in the core business combined with expansion into Europe shows our formula is working and positions us well for the road ahead.”
Lyft, Inc. (Nasdaq: LYFT) today announced financial results for the third quarter ended September 30, 2026.
“Neither rain nor heat nor the gloom of night can slow Lyft’s business. Our customer obsession drove our best financial performance ever. And today we launched Lyft Go, the industry’s best membership program,” said Lyft CEO David Risher. “Looking ahead, our AV partnerships are preparing us to be the best hybrid operator in the business. The next five years will change how the world moves, and Lyft is setting the standard.”
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