Lyft Results Presentation Deck slide image

Lyft Results Presentation Deck

GAAP to Non-GAAP Reconciliations (cont.) ($ in millions) Gross Bookings¹ Non-GAAP Cost of Revenue Non-GAAP Cost of Revenue as a % of Gross Bookings Non-GAAP Operations and Support Non-GAAP Operations and Support as a % of Gross Bookings Non-GAAP Research and Development Non-GAAP Research and Development as a % of Gross Bookings Non-GAAP Sales and Marketing Non-GAAP Sales and Marketing as a % of Gross Bookings Non-GAAP General and Administrative Non-GAAP General and Administrative as a % of Gross Bookings Non-GAAP Operating Expenses (excludes COR) Non-GAAP Operating Expenses (excludes COR) as a % of Gross Bookings Non-GAAP Total Costs and Expenses Non-GAAP Total Costs and Expenses as a % of Gross Bookings (1) Note: Fiscal 2021 Total $9,745.7 (1,577.0) (16.2%) (376.5) (3.9%) (471.9) (4.8%) (370.2) (3.8%) (692.4) (7.1%) (1,911.1) (19.6%) (3,488.0) (35.8%) Q1 $ 2,694.2 (373.1) (13.8%) (92.4) (3.4%) (102.7) (3.8%) (114.8) (4.3%) (166.6) (6.2%) (476.5) (17.7%) (849.6) (31.5%) Q2 $3,092.9 (675.7) (21.8%) (98.6) (3.2%) (105.7) (3.4%) (128.3) (4.1%) (203.7) (6.6%) (536.2) (17.3%) (1,211.9) (39.2%) Fiscal 2022 Q3 $3,079.2 (556.3) (18.1%) (111.6) (3.6%) (107.7) (3.5%) (118.7) (3.9%) (216.9) (7.0%) (555.0) (18.0%) (1,111.3) (36.1%) Q4 $ 3,191.0 (760.3) (23.8%) (95.1) (3.0%) (103.5) (3.2%) (114.4) (3.6%) (379.0) (11.9%) (692.0) (21.7%) (1,452.2) (45.5%) Total $12,057.3 (2,365.4) (19.6%) (397.8) (3.3%) (419.6) (3.5%) (476.2) (3.9%) (966.2) (8.0%) (2,259.7) (18.7%) (4,625.1) (38.4%) Q1 $ 3,050.7 (535.4) (17.6%) (79.6) (2.6%) (96.2) (3.2%) (103.7) (3.4%) (185.6) (6.1%) (465.2) (15.2%) (1,000.6) (32.8%) Fiscal 2023 Q2 $ 3,446.0 (594.5) (17.3%) (94.4) (2.7%) (81.7) (2.4%) (95.8) (2.8%) (138.0) (4.0%) (409.9) (11.9%) (1,004.4) (29.1%) Q3 $3,554.1 (637.6) (17.9%) (115.7) (3.3%) (66.5) (1.9%) (123.9) (3.5%) (148.3) (4.2%) (454.5) (12.8%) (1,092.1) (30.7%) Beginning in the third quarter of 2023, Lyft's key metrics have been updated to include Gross Bookings. Lyft defines Gross Bookings as the total dollar value invoiced to rideshare riders including any applicable taxes, tolls and fees while excluding tips to drivers. It also includes amounts invoiced for other offerings, including but not limited to: Express Drive, bikes and scooter rentals, and the amounts recognized for subscriptions, bikes and bike station hardware and software sales, media, sponsorships, partnerships, and licensing and data access agreements. Due to rounding, numbers presented may not add up precisely to the totals provided. 31
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