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Is Lyft's Low Valuation An Investment Opportunity?
LYFTLyft(LYFT) Forbes·2025-05-21 10:05

Photo via Smith Collection/Gado/Getty ImagesGetty Images Lyft (NASDAQ: LYFT) reported robust Q1 2025 results, showing ongoing operational and financial momentum. Gross bookings grew by 13% year-over-year (y-o-y) to 4.2billion,whilerevenueincreased144.2 billion, while revenue increased 14% to 1.5 billion. The company achieved a net income of 2.57million,markingasubstantialimprovementfromthe2.57 million, marking a substantial improvement from the 31.54 million net loss in Q1 2024, marking its third consecutive quarter of being profitable. Operationally, Lyft completed 218 million rides ...