Lyft, Inc.

For the period ended Jun 30, 2026. Filed Aug 7, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 7, 2026

LYFT$17.02+1.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Cash Flows

	Six Months Ended June 30,
	2026	2025
Cash flows from operating activities
Net income	$64,544	$42,881
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	75,392	64,202
Stock-based compensation	163,431	175,260
Deferred income tax	21,435	(1,119)
Amortization of premium on marketable securities	337	61
Accretion of discount on marketable securities	(26,301)	(37,673)
Amortization of debt discount and issuance costs	2,353	1,689
Loss on sale and disposal of assets, net	6,137	2,372
Other	(4,376)	(6,504)
Changes in operating assets and liabilities, net effects of acquisition
Prepaid expenses and other assets	30,040	1,289
Operating lease right-of-use assets	15,071	11,253
Accounts payable	(8,696)	7,173
Insurance reserves	127,232	246,472
Accrued and other liabilities	207,653	139,165
Lease liabilities	(16,648)	(15,559)
Net cash provided by operating activities	657,604	630,962
Cash flows from investing activities
Purchases of marketable securities	(1,783,445)	(1,594,199)
Proceeds from sales of marketable securities	288,111	209,395
Proceeds from maturities of marketable securities	1,491,114	1,868,470
Proceeds from maturities of term deposits	—	2,194
Purchases of property and equipment and scooter fleet	(50,718)	(20,786)
Sales of property and equipment	37,596	31,188
Cash paid for acquisitions, net of cash acquired	(54,252)	—
Cash received from divestiture of equity method investment	15,499	—
Other investing activities	(8,463)	—
Net cash (used in) provided by investing activities	(64,558)	496,262
Cash flows from financing activities
Repayment of loans	(44,010)	(33,174)
Repurchase of Class A common stock	(400,000)	(200,000)
Payment for settlement of convertible senior notes due 2025	—	(390,719)
Proceeds from common stock issuances	8,214	7,304
Taxes paid related to net share settlement of equity awards	(66,390)	(61,495)
Principal payments on finance lease obligations	(23,147)	(20,933)
Other financing activities	(3,322)	(255)
Net cash used in financing activities	(528,655)	(699,272)
Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents	(4,831)	1,120
Net increase in cash, cash equivalents and restricted cash and cash equivalents	59,560	429,072
Cash, cash equivalents and restricted cash and cash equivalents
Beginning of period	1,837,370	946,040
End of period	$1,896,930	$1,375,112

Condensed Consolidated Statements of Cash Flows

	Six Months Ended June 30,
	2026	2025
Reconciliation of cash, cash equivalents and restricted cash and cash equivalents to the condensed consolidated balance sheets
Cash and cash equivalents	$1,137,942	$913,845
Restricted cash and cash equivalents	758,988	461,267
Total cash, cash equivalents and restricted cash and cash equivalents	$1,896,930	$1,375,112
Non-cash investing and financing activities
Financed vehicles acquired	$37,965	$21,962
Purchases of property and equipment and scooter fleet not yet settled	14,572	10,178
Right-of-use assets acquired under finance leases	11,385	3,655
Right-of-use assets acquired under operating leases	9,227	2,754
Remeasurement of finance and operating lease right-of-use assets	(1,715)	(2,593)
Repurchase of Class A common stock, including excise tax, accrued and not yet paid	3,094	1,113

ContentsView on SEC.gov

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