Filing Flows › Lyft (LYFT) › Q2 2026
Lyft (LYFT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Lyft (LYFT) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +12% from the quarter before. Operating margin was 2.6%, net earnings $50.3M (2.7% of revenue).
Lyft, Q2 2026: revenue $1.8B (+16% year over year), operating margin 2.6%, net earnings $50.3M, operating cash flow $350M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +12% | +16% |
| Operating profit | $47.6M | — | 20× |
| Net earnings | $50.3M | +253% | +25% |
| Operating cash flow | $350M | +14% | +2% |
| Free cash flow | $320M | — | -3% |
What changed
Revenue was $1.8B in Q2 2026, up 16% year over year and up 12% from the previous quarter.
Operating profit was $0.05B, a 2.6% margin (up 2.4 points year over year). Of the extra revenue versus Q2 2025, 18% reached operating profit, above the 0% margin then. Total costs grew 13% against revenue growth of 16%. The fastest-growing cost line was Sales & marketing (+68%). Net earnings were $0.05B, up 25% year over year. The effective tax rate was 35.8%. Non-operating items added $0.03B, 39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.35B (up 2% year over year), 696% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items added $0.18B. After purchases of property and equipment and scooter fleet ($0.03B), free cash flow as the company reports it was $0.32B.
Questions
What was Lyft's revenue in the second quarter 2026?
Lyft (LYFT) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +12% from the quarter before.
Was Lyft profitable in the second quarter 2026?
Operating profit was $47.6M (2.6% of revenue) and net earnings $50.3M.
Source: Lyft 10-Q on SEC EDGAR.