Lyft Inc
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
LYFT$16.76-1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except for share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $558,636 | $281,090 |
| Short-term investments | 1,126,548 | 1,515,702 |
| Prepaid expenses and other current assets | 892,235 | 786,067 |
| Total current assets | 2,577,419 | 2,582,859 |
| Restricted cash and cash equivalents | 211,786 | 109,368 |
| Restricted investments | 837,291 | 1,027,506 |
| Other investments | 39,870 | 26,390 |
| Property and equipment, net | 465,844 | 313,402 |
| Operating lease right of use assets | 98,202 | 135,213 |
| Intangible assets, net | 59,515 | 76,208 |
| Goodwill | 257,791 | 261,582 |
| Other assets | 16,749 | 23,903 |
| Total assets | $4,564,467 | $4,556,431 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $72,282 | $107,801 |
| Insurance reserves | 1,337,868 | 1,417,350 |
| Accrued and other current liabilities | 1,508,855 | 1,561,609 |
| Operating lease liabilities — current | 42,556 | 45,803 |
| Total current liabilities | 2,961,561 | 3,132,563 |
| Operating lease liabilities | 134,102 | 176,356 |
| Long-term debt, net of current portion | 839,362 | 803,207 |
| Other liabilities | 87,924 | 55,637 |
| Total liabilities | 4,022,949 | 4,167,763 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.00001 par value; 1,000,000,000 shares authorized as of December 31, 2023 and December 31, 2022; no shares issued and outstanding as of December 31, 2023 and December 31, 2022 | — | — |
| Common stock, $0.00001 par value; 18,000,000,000 Class A shares authorized as of December 31, 2023 and December 31, 2022; 391,239,046 and 361,552,359 Class A shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively; 100,000,000 Class B shares authorized as of December 31, 2023 and December 31, 2022; 8,566,629 and 8,602,629 Class B shares issued and outstanding, as of December 31, 2023 and December 31, 2022 | 4 | 4 |
| Additional paid-in capital | 10,827,378 | 10,335,013 |
| Accumulated other comprehensive income (loss) | (4,949) | (5,754) |
| Accumulated deficit | (10,280,915) | (9,940,595) |
| Total stockholders’ equity | 541,518 | 388,668 |
| Total liabilities and stockholders’ equity | $4,564,467 | $4,556,431 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.