Lyft Inc. (Nasdaq: LYFT) has announced record financial outcomes for the second quarter ending June 30, 2025. The company reported Gross Bookings of $4.5 billion, marking a 12% increase year over year. This performance is attributed to strong execution and customer focus, resulting in all-time record Rides, Gross Bookings, and cash flow generation. The Adjusted EBITDA for the quarter was $129.4 million, with an Adjusted EBITDA margin of 2.9% as a percentage of Gross Bookings, showing an increase from the previous quarter's margin of 2.6%. The company highlighted expansion in its marketplace and strategic partnerships, including alliances with Baidu and United Airlines, as key factors in its growth trajectory. Lyft's CEO, David Risher, emphasized that the company is proving to be the better choice in the rideshare market, rather than just another option. No specific outlook or guidance for future quarters was provided in the release.
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