Lyft Inc. reported record financial results for the fourth quarter (Q4) and full year (FY) ended December 31, 2025. The company delivered all-time-high cash flow generation exceeding USD 1.1 billion for FY 2025. Lyft also announced accelerated growth in Q4 Gross Bookings year over year, with the company stating it remains on track with its 2027 targets. The definition of Gross Bookings was simplified in Q4 2025 to better align with future business scaling; Gross Bookings represents the total dollar value of transactions, including applicable taxes, tolls, and fees, but excluding tips to drivers. Additionally, Lyft introduced a new USD 1 billion share repurchase program. CEO David Risher highlighted that 2025 marked significant progress in Lyft’s transformation into a global, hybrid transportation platform. Looking ahead, the company expects 2026 to be “the year of the AV,” with autonomous vehicle deployments planned in the U.S. and overseas. Adjusted EBITDA margin, calculated as a percentage of Gross Bookings, was reported as part of Lyft’s key financial metrics for the period. Lyft also disclosed record performance across all major financial indicators for 2025.

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