Lyft Inc. reported strong business momentum, highlighting a transformation in its operations and offerings. The company has expanded internationally, entering nine European countries through Freenow, and broadened its services to cater to a wider customer base, including luxury ride options such as Black and Black SUV. Driver hours and active riders have both grown year over year for 12 consecutive quarters, with driver hours nearly doubling and active riders up almost 50%. Average wait times have decreased significantly while ride volumes increased. For the upcoming quarter, Lyft forecasts gross bookings of approximately 4.86 billion to 5.00 billion, representing a year-over-year increase of 17% to 20%. Adjusted EBITDA is projected to be in the range of 120 million to 140 million, with an adjusted EBITDA margin of approximately 2.5% to 2.8%. The company reported its most profitable quarter to date with adjusted EBITDA of 154 million and a margin of 3.0% of gross bookings. Lyft’s advertising business saw strong growth, delivering over 100% year-over-year growth and surpassing a 100 million run rate target. The company continues to focus on strategic partnerships and expanding its presence in key markets, including luxury and business travel segments. The full report can be accessed through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lyft Inc. published the original content used to generate this news brief on February 10, 2026, and is solely responsible for the information contained therein.