Lyft Q2 Earnings: EPS Beats, Revenue Misses, Gross Bookings Reach Record High

Lyft reported Q2 GAAP EPS of $0.10, beating expectations by $0.06. Revenue of $1.6B (+11.1% Y/Y) missed by $10M. Gross Bookings reached a record $4.5 billion, up 12% YoY. Active Riders grew 10% to 26.1 million.

Lyft (NASDAQ: LYFT) reported its Q2 2025 results, with GAAP EPS of $0.10, which beat market expectations by $0.06. The company's revenue of $1.6 billion, however, missed analyst estimates by $10 million, a 11.1% year-over-year increase. Gross bookings reached a record $4.5 billion, up 12% year-over-year, while active riders grew 10% to 26.1 million.

The company's strong performance in gross bookings and active riders was offset by the revenue miss, which could be attributed to various factors such as currency headwinds and rising insurance costs. Lyft's acquisition of Freenow is expected to further boost its performance in the coming quarters.

Looking ahead, analysts expect Lyft's gross bookings to grow by approximately 13% to 17% year-over-year, with an adjusted EBITDA margin of approximately 2.7% to 3.0%. The company's strong growth in active riders and gross bookings suggests a positive outlook for the future.

References:
[1] https://seekingalpha.com/news/4480381-lyft-gaap-eps-of-0_10-beats-by-0_06-revenue-of-1_6b-misses-by-10m
[2] https://www.nasdaq.com/articles/will-gross-bookings-growth-lift-ubers-q2-earnings-results