Lyft reported financial results for the quarter ended June 30, 2026, announcing record Gross Bookings of $5.5 billion, a 23% year-over-year increase, and Revenue of $1.8 billion, up 16%. Net income rose 25% to $50.3 million, while Adjusted EBITDA grew 37% to $177.2 million. The company surpassed 30 million Active Riders globally, with Rides accelerating to a record 262 million. Lyft provided third-quarter guidance projecting Gross Bookings between $5.50 billion and $5.67 billion and Adjusted EBITDA of approximately $183 million to $203 million. The company operates in the mobility and transportation industry, providing rideshare, taxi, and micromobility services.
