Lyft Misses Q3 2026 Estimates as Revenue Rises 8.1% to $1.82B

Lyft (LYFT) missed estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $1.82 billion, up 8.1% from a year earlier, below the $1.92 billion estimate, and adjusted EPS was -$0.03 below the $0.20 estimate.

Shares fell 0.6% in after-hours trading as of 4:04 p.m. ET, to $17.73 from a $17.84 close.

Q3 2026 scorecard

By our calculation, revenue was $97.8 million below the estimate and adjusted EPS was $0.23 below it. The QoQ column compares with the previous quarter's revenue of $1.84 billion and adjusted EPS of $0.13. The YoY column compares with $1.69 billion and $0.11 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 2 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 3 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $1.69 billion, $1.59 billion, $1.65 billion, $1.84 billion and $1.82 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.18 and revenue of $1.96 billion next quarter, based on 16 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 8.1% increase to $1.82 billion.
• Estimate record. Whether Lyft returns to beating EPS estimates, which it did in 2 of its last 8 reports.
• Related coverage. See our reports on IonQ, Innodata, ICF International and Halozyme Therapeutics.

Sources: Results are from Lyft's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Lyft's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.