Lyft Results Presentation Deck
GAAP to Non-GAAP Reconciliations
($ 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 and divestitures
Transaction costs related to 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 and divestitures
Transaction costs related to certain legacy auto insurance liabilities
Restructuring charges
Non-GAAP Loss from Operations
GAAP Net Loss
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 and divestitures
Transaction costs related to certain legacy auto insurance liabilities
Restructuring charges
Adjusted Net Loss
Adjusted net loss per 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 (expense), 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 and divestitures
Transaction costs related to certain legacy auto insurance liabilities
Restructuring charges
$
$
$
$
$
$
$
$
$
01
(642.5) S
0.5
2.0
.
3.4
(636.6) $
(245.3) $
0.5
2.0
3.4
(239.4) $
(234.3) S
0.5
20
3.4
(228.4) $
(1140) S
20.0
(234.3) $
(11.4)
0.4
12
20
-
3.4
(238.7) $
(60.1%)
Q2
(698.6) $
0.9
1.5
.
(696.2) $
(193.7) $
0.9
1.5
(191.3) $
(178.9) $
0.9
1.5
(176.5) $
(8.37) S
21,1
(178.9) $
(15.0)
0.2
17
1.5
(190.5) $
(37.7%)
Fiscal 2018
Q3
(853.7) $
1.0
2.9
.
(849.8) $
(2687) $
1.0
2.9
(264.8) $
(249.2) $
1.0
29
(245.3) $
(1141) S
21.5
(249.2) $
(20.0)
0.5
2.6
2.9
Reconciliations (continued)
(263.2) $
(45.0%)
04
(939.6) $
47
2.2
3.5
(929.2) $
(2701) $
47
2.2
(259.7) $
(248.9) $
47
2.2
3.5
(238.5)
$
(10.82) S
22.0
(248.9) $
Adjusted EBITDA
Adjusted EBITDA Margin
(251.1) $
(37.5%)
Note: Due to rounding, numbers presented may not add up precisely to the totals provided.
(20.8)
(0.4)
13.3
2.2
3.5
Total
(3.134.4) S
71
8.6
3.4
3.5
(3,111.8) $
(977.8) S
71
8.6
3.4
3.5
(955.2) $
(911.3) $
71
8.6
3.4
3.5
(888.7) $
(41.97) $
21.2
(911.3) $
(67.2)
0.7
18.8
8.6
-
3.4
3.5
(943.5) $
(43.7%)
01
(1,932.9) S
9.2
859.5
34.5
23.8
(1.005.9) $
(1156.9) S
9.2
859.5
34.5
23.8
(229.9) $
(1138.5) S
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
(216.0) $
(27.8%)
Q2
(1.540.2) $
9.2
293.2
3.4
1411
(1,093.3) $
(672.9) S
9.2
293.2
3.4
1411
(226.0) $
(644.2) S
9.2
293.2
3.4
1411
(197.3) $
(0.68) $
288.4
(644.2) $
(29.7)
1.0
31.1
293.2
3.4
Fiscal 2019
1411
(204.1) $
(23.5%)
Q3
(1.446.5) S
9.2
242.2
3.9
86.6
(1.104.6) $
(490.9) S
9.2
242.2
3.9
86.6
(149.0) $
(463.5) $
9.2
242.2
3.9
86.6
(121.6)
$
(0.41) S
294.8
(463.5) $
(29.3)
1.9
30.1
242.2
3.9
86.6
(128.1) S
(13.4%)
04
(1,398.9) $
7.5
204.4
2.9
18.8
1.0
(1,164.3) $
(381.8) S
7.5
204.4
29
18.8
1.0
(147.2) S
(356.0) $
7.5
204.4
2.9
18.8
1.0
(121.4) $
(041) S
299.6
(356.0) $
(23.8)
(2.0)
24.0
204.4
2.9
18.8
1.0
(130.7) $
(12.9%)
Total
(6,318.5) $
35.1
1,599.3
447
270.3
1.0
(4,368.1) $
(2.702.5) S
35.1
1,599.3
447
270.3
10
(752.1) S
(2.602.2) S
35.1
1,599.3
447
270.3
1.0
(651.8) $
(2.87) S
227.5
(2,602.2) $
(102.6)
2.3
108.3
1,599.3
447
270.3
1.0
(678.9) $
(18.8%)
01
(1,369.8) $
7.3
160.0
58.4
0.4
64.7
(1,069.1) $
(414) S
7.3
160.0
9.9
58.4
0.4
64.7
(113.4) S
(398.1) S
7.3
160.0
9.9
58.4
10.4
64.7
(97.4) $
(0.32) S
304.5
(398.1) $
15
(19.1)
16
35.5
160.0
9.9
58.4
10.4
64.7
(85.2) $
(8.9%)
Q2
(826.8) S
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
Fiscal 2020
Q3
34.5
(265.8) $
(0.86) $
309.2
(437.1) $
7.0
(12.1)
(44.8)
44.5
105.8
5.0
17.4
34.0
(280.3) $
(82.6%)
(953.1) S
77
166.7
4.0
0.7
(774.0) $
(453.4) S
7.7
166.7
4.0
0.7
(274.2) $
(459.5) $
7.7
166.7
4.0
0.7
(280.4) $
(0.89) $
314.5
(459.5) $
13.1
(7.5)
11
417
166.7
4.0
0.7
(239.7) $
(48.0%)
04
(1,023.3) S
5.5
133.3
4.8
1277
1.5
(750.5)
(453.4) S
5.5
133.3
4.8
127.7
1.5
(180.6) $
$
(458.2) $
5.5
133.3
4.8
127.7
1.5
(185.3) $
(0.58) $
320.3
(458.2) $
12.6
(4.9)
(2.5)
35.7
133.3
4.8
127.7
1.5
(150.0) $
(26.3%)
Total
(4,173.1) S
29.2
565.8
23.7
204.1
0.4
647
36.0
(3,249.1) $
(1808.4) S
29.2
565.8
23.7
2041
0.4
647
36.0
(884.4) $
(1,7529) S
29.2
565.8
23.7
204.1
0.4
647
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
647
35.5
(755.2) $
(31.9%)
Fiscal 2021
Q1
(1,025.4) $
45
164.2
16.5
128.0
(712.2) S
(416.4) $
45
164.2
16.5
128.0
(103.2) $
(427.3) $
45
164.2
16.5
128.0
(114.1) $
(0.35)
326.2
(427.3)
12.9
(3.6)
19
34.4
164.2
16.5
128.0
$
(73.0) $
(12.0%)
Q2
(1,005.1)
4.8
201.0
6.8
0.9
20.4
(771.2)
(2401)
4.8
201.0
6.8
0.9
20.4
(6.2)
(251.9)
4.8
201.0
6.8
0.9
20.4
(18.0)
(0.05)
332.1
(251.9)
13.1
(17)
07
34.5
201.0
6.8
09
20.4
23.8
3.1%
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