Lyft Logs 19% Q4 Bookings Growth and Approves $1B Share Buyback
Lyft reported a $0.20 loss per share in Q4 on $1.59B revenue (2.7% y/y) with gross bookings up 19% to $5.1B. It authorized a $1B buyback, forecasts Q1 bookings growth of 17–20% to $4.86–5.00B, trades at 0.76x forward sales, and is expanding AV integration and European reach.
1. Q4 Financial Results
Lyft posted a $0.20 loss per share in Q4 2025 on $1.59B in revenue, a 2.7% increase year-over-year. Gross bookings rose 19% to $5.1B, marking the 19th consecutive quarter of double-digit bookings growth.
2. Q1 Guidance and Buyback
For Q1 2026, Lyft forecasts gross bookings of $4.86–5.00B, representing 17–20% year-over-year growth. The board authorized an additional $1B share repurchase program, following its inaugural buyback in 2025.
3. Expansion and Valuation
Lyft generated over $1B in free cash flow in 2025 and trades at a 0.76x forward sales multiple, undercutting larger rivals. The company is advancing autonomous vehicle integration and building its European presence through the FREENOW acquisition.