Record-Breaking Financial Metrics
Adjusted EBITDA grew 29% year-over-year, and free cash flow generation was over $1 billion for the first time in Lyft's history.
Strong Growth in Active Riders and Gross Bookings
Active Riders grew 18% year-over-year, reaching an all-time high. Gross bookings increased by 16% year-over-year, also achieving an all-time high.
Expansion and Partnership with United Airlines
Lyft's partnership with United Airlines is now live, allowing users to earn miles on all eligible rides, marking a significant achievement in enhancing customer loyalty programs.
Successful Autonomous Vehicle Partnerships
Lyft announced partnerships with Waymo and Tensor powered by NVIDIA, positioning itself across the AV value chain and demonstrating strong strategic growth.