Lyft reported its second-quarter 2025 financial results on August 6, 2025, with revenue of $1.59 billion, falling short of the $1.61 billion analyst estimates. Despite the revenue miss, the company achieved a GAAP profit of $40.3 million, or 10 cents per share, significantly exceeding analyst expectations of 27 cents per share loss.
The company's operational metrics showed strength, with rides growing 14% year-over-year to 234.8 million, slightly below estimates of 235.7 million. Active riders climbed 10% to 26.1 million, surpassing analyst projections of 25.9 million, indicating increased engagement.
Lyft's CEO David Risher highlighted a new partnership with United Airlines and continued U.S. growth as positive developments. The company also repurchased 12.8 million shares for $200 million during the quarter as part of its share repurchase program, demonstrating capital allocation efforts.
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