Lyft Results Presentation Deck
GAAP
($ in millions)
GAAP Total Costs and Expenses
Amortization of intangible assets
Stock-based compensation expense
Payroll tax expense related to stock-based compensation
Changes to the liabilities for insurance required by regulatory agencies attributable to historical periods
Costs related to acquisitions
Transfer of certain legacy auto insurance liabilities
Restructuring charges
Non-GAAP Total Costs and Expenses
GAAP Loss from Operations
Amortization of intangible assets
Stock-based compensation expense
Payroll tax expense related to stock-based compensation
Changes to the liabilities for insurance required by regulatory agencies attributable to historical periods
Costs related to acquisitions
Transfer of certain legacy auto insurance liabilities
Restructuring charges
Non-GAAP Loss from Operations
GAAP Net Loss
Amortization of intangible assets
Stock-based compensation expense
to Non-GAAP Reconciliations (continued)
Fiscal 2019
Q3
(1,446.5)
9.2
242.2
3.9
86.6
Payroll tax expense related to stock-based compensation
Changes to the liabilities for insurance required by regulatory agencies attributable to historical periods
Costs related to acquisitions
Transfer of certain legacy auto insurance liabilities
Restructuring charges
Adjusted Net Loss
Adjusted not loss por share, basic and diluted
Weighted-average shares used to compute adjusted net loss per share, basic and diluted
Reconciliation of Net Loss to Non-GAAP Adjusted EBITDA
GAAP Net Loss
Adjusted to exclude the following.
Interest expense
Other income (oxponse), net
Provision for (benefit from) income taxes
Depreciation and amortization
Stock-based compensation expense
Payroll tax expense related to stock-based compensation
Changes to the liabilities for insurance required by regulatory agencies attributable to historical periods
Costs related to acquisitions
Transfer of certain legacy auto insurance liabilities
Restructuring charges
Adjusted EBITDA
Adjusted EBITDA Margin
$
$
$
$
$
$
$
Q1
(642.5)
0.5
2.0
3.4
(636.6) $
(245.3) $
0.5
2.0
3.4
(239.4)
(234.3)
0.5
2.0
3.4
(234.3)
(228.4) $
(11.40) $
20.0
(11.4)
0.4
1.2
2.0
$
3.4
$
$
Q2
(698.6)
0.9
1.5
(696.2)
(191.3)
(193.7) $
0.9
1.5
(178.9)
0.9
1.5
(15.0)
0.2
Fiscal 2018
Q3
(853.7)
1.0
2.9
1.7
1.5
$ (238.7) $
(60.1%)
Note: Due to rounding, numbers presented may not add up precisely to the totals provided.
$
(176.5) $
(8.37) $
21.1
(190.5)
(37.7%)
(178.9) $
$
$
"
(849.8) $
(268.7) $
1.0
2.9
(264.8)
$
(249.2)
1.0
2.9
$
(245.3) $
(11.41) $
21.5
(20.0)
0.5
2.6
2.9
(249.2) $
(263.2) $
(45.0%)
Q4
(939.6) $
4.7
2.2
3.5
(929.2)
(270.1)
4.7
2.2
3.5
(259.7) $
3.5
(248.9) $
4.7
2.2
(248.9)
$
(238.5) $
(10.82) $
22.0
(20.8)
(0.4)
13.3
2.2
$
3.5
(251.1)
(37.5%)
$
Total
Q1
Q2
(3,134.4) $ (1,932.9) $ (1.540.2)
7.1
9.2
8.6
859.5
34.5
9.2
293.2
3.4
141.1
23.8
3.4
3.5
(3,111.8) $
(977.8) $
7.1
8.6
3.4
3.5
(955.2) $
(911.3) S
7.1
8.6
3.4
3.5
(888.7) $
(41.97) $
21.3
(911.3) $
(67.2)
0.7
18.8
8.6
3.4
3.5
$ (943.5)
(43.7%)
$
(1,005.9) $
(1,156.9) $
9.2
859.5
34.5
23.8
(229.9) $
(1,138.5) $
9.2
859.5
34.5
23.8
(211.5)
(9.02)
23.5
(1,138.5)
(19.8)
1.4
23.1
859.5
34.5
23.8
$
(1,093.3) $
(216.0) $
(27.8%)
(226.0)
(644.2)
9.2
293.2
3.4
141.1
(672.9) $ (490.9) $
9.2
9.2
293.2
242.2
3.4
3.9
141.1
86.6
(29.7)
1.0
$
31.1
293.2
3.4
141.1
$
(204.1)
(23.5%)
(1,104.6)
$ (644.2) $ (463.5)
(197.3) $ (121.6) $
(0.68)
288.4
$
(0.41) $
294.8
$
Q4
Total
Q1
$ (1,398.9) $ (6,318.5) $ (1,369.8) $
7.5
7.3
160.0
204.4
2.9
18.8
1.0
35.1
1,599.3
44.7
270.3
1.0
(149.0) $
$ (1,164.3) $ (4,368.1)
(463.5) $
9.2
242.2
3.9
86.6
(29.3)
1.9
30.1
242.2
3.9
86.6
(128.1)
(13.4%)
$
(381.8) $ (2,702.5) $
7.5
35.1
204.4
1,599.3
44.7
270.3
1.0
18.8
1.0
-
(147.2) $
(356.0) $
7.5
204.4
2.9
18.8
1.0
(121.4) $
(0.41) $
299.6
(23.8)
(2.0)
24.0
204.4
2.9
18.8
1.0
(752.1)
(130.7)
(12.9%)
(2,602.2)
35.1
1,599.3
44.7
270.3
1.0
(651.8)
(2.87)
227.5
(102.6)
2.3
108.3
1,599.3
44.7
270.3
1.0
$ (678.9)
(18.8%)
9.9
58.4
0.4
64.7
$ (1,069.1) $
$
-
$ (356.0) $ (2,602.2) $ (398.1)
(414.1) $
7.3
160.0
9.9
58.4
0.4
64.7
(113.4)
(398.1)
7.3
160.0
9.9
58.4
0.4
64.7
(97.4)
(0.32) $
304.5
1.5
(19.1)
1.6
35.5
160.0
9.9
58.4
64.7
$
-
(85.2) $
(8.9%)
Q2
(826.8)
8.6
105.8
5.0
17.4
34.5
(655.5)
(487.5)
8.6
105.8
5.0
17.4
34.5
(316.2) $
$
(437.1) $
8.6
105.8
5.0
17.4
(437.1)
$
7.0
(12.1)
(44.8)
44.5
105.8
5.0
17.4
34.0
(280.3)
(82.6%)
$
Fiscal 2020
Q3
(953.1)
7.7
166.7
4.0
0.7
$
(774.0)
34.5
(265.8) $ (280.4) $
(0.86) $ (0.89) $
309.2
314.5
(453.4) $
7.7
166.7
4.0
0.7
(274.2) $
(459.5)
7.7
166.7
4.0
0.7
$
(459.5) $
13.1
(7.5)
1.1
41.7
166.7
4.0
0.7
(239.7) $
(48.0%)
Q4
(1,023.3)
5.5
133.3
4.8
127.7
1.5
(750.5)
(453.4)
5.5
133.3
4,8
127.7
-
1.5
(180.6) $
(458.2)
5.5
133.3
4.8
127.7
(458.2)
$
1.5
(185.3) $
(0.58) $
320.3
12.6
(4.9)
(2.5)
35.7
133.3
4.8
127.7
(150.0)
(26.3%)
$
$
Total
(4,173.1)
29.2
565.8
23.7
204.1
0.4
64.7
36.0
(3,249.1)
(1,808.4)
29.2
565.8
23.7
204.1
0.4
64.7
36.0
(884.4)
(1,752.9)
29.2
565.8
23.7
204.1
0.4
64.7
36.0
(828.9)
(2.66)
312.2
(1,752.9)
34.3
(43.7)
(44.5)
157.4
565.8
23.7
204.1
0.4
64.7
35.5
(755.2)
(31.9%)
$
$
$
$
Fiscal 2021
Q1
(1,025.4)
4.5
164.2
16.5
128.0
(712.2)
(416.4)
4.5
164.2
16.5
126.0
(103.2)
(427.3)
4.5
164.2
16.5
128.0
(114.1)
(0.35)
326.2
(427.3)
12.9
(3.6)
1.9
34.4
164.2
16.5
128.0
(73.0)
(12.0%)
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