2020 Q1 Form 10-Q Financial Statement

#000175950920000024 Filed on May 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $955.7M $776.0M
YoY Change 23.15% 95.38%
Cost Of Revenue $542.4M $462.9M
YoY Change 17.19% 77.61%
Gross Profit $413.3M $313.2M
YoY Change 31.97% 129.3%
Gross Profit Margin 43.24% 40.36%
Selling, General & Admin $434.9M $651.9M
YoY Change -33.29% 151.82%
% of Gross Profit 105.22% 208.15%
Research & Development $258.7M $631.0M
YoY Change -58.99% 898.48%
% of Gross Profit 62.6% 201.48%
Depreciation & Amortization $35.47M $23.14M
YoY Change 53.33% 1932.95%
% of Gross Profit 8.58% 7.39%
Operating Expenses $693.6M $1.283B
YoY Change -45.93% 298.33%
Operating Profit -$414.1M -$1.157B
YoY Change -64.21% 371.47%
Interest Expense $1.507M $19.70M
YoY Change -92.35% 71.3%
% of Operating Profit
Other Income/Expense, Net $19.17M $146.0K
YoY Change 13029.45% -365.45%
Pretax Income -$396.4M -$1.137B
YoY Change -65.14% 386.08%
Income Tax $1.600M $1.400M
% Of Pretax Income
Net Earnings -$398.1M -$1.138B
YoY Change -65.03% 385.82%
Net Earnings / Revenue -41.65% -146.71%
Basic Earnings Per Share -$1.31
Diluted Earnings Per Share -$1.31 -$3.982M
COMMON SHARES
Basic Shares Outstanding 304.5M shares
Diluted Shares Outstanding 304.5M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.670B $1.035B
YoY Change 157.99%
Cash & Equivalents $597.9M $329.5M
Short-Term Investments $2.072B $705.4M
Other Short-Term Assets $474.9M $345.5M
YoY Change 37.45%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.145B $1.380B
YoY Change 127.81%
LONG-TERM ASSETS
Property, Plant & Equipment $360.5M $120.5M
YoY Change 199.28%
Goodwill $180.6M $150.7M
YoY Change 19.87%
Intangibles
YoY Change
Long-Term Investments $10.00M
YoY Change
Other Assets $9.432M $10.35M
YoY Change -8.9%
Total Long-Term Assets $2.427B $1.860B
YoY Change 30.45%
TOTAL ASSETS
Total Short-Term Assets $3.145B $1.380B
Total Long-Term Assets $2.427B $1.860B
Total Assets $5.572B $3.241B
YoY Change 71.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $540.5M $39.39M
YoY Change 1272.02%
Accrued Expenses $991.4M $775.7M
YoY Change 27.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $45.98M
YoY Change
Total Short-Term Liabilities $2.551B $1.752B
YoY Change 45.61%
LONG-TERM LIABILITIES
Long-Term Debt $82.14M $0.00
YoY Change
Other Long-Term Liabilities $25.14M $4.660M
YoY Change 439.42%
Total Long-Term Liabilities $107.3M $4.660M
YoY Change 2202.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.551B $1.752B
Total Long-Term Liabilities $107.3M $4.660M
Total Liabilities $2.964B $2.020B
YoY Change 46.71%
SHAREHOLDERS EQUITY
Retained Earnings -$5.946B -$4.084B
YoY Change 45.59%
Common Stock $3.000K $150.0M
YoY Change -100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.607B -$3.932B
YoY Change
Total Liabilities & Shareholders Equity $5.572B $3.241B
YoY Change 71.92%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$398.1M -$1.138B
YoY Change -65.03% 385.82%
Depreciation, Depletion And Amortization $35.47M $23.14M
YoY Change 53.33% 1932.95%
Cash From Operating Activities -$206.9M -$84.83M
YoY Change 143.94% 6.54%
INVESTING ACTIVITIES
Capital Expenditures -$34.48M $5.500M
YoY Change -726.91% -277.99%
Acquisitions $12.44M $1.711M
YoY Change 627.06%
Other Investing Activities -$960.0K $0.00
YoY Change -100.0%
Cash From Investing Activities $787.7M $670.3M
YoY Change 17.51% -181.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$16.64M -$788.2M
YoY Change -97.89% -1519.05%
NET CHANGE
Cash From Operating Activities -$206.9M -$84.83M
Cash From Investing Activities $787.7M $670.3M
Cash From Financing Activities -$16.64M -$788.2M
Net Change In Cash $564.0M -$202.6M
YoY Change -378.41% -75.98%
FREE CASH FLOW
Cash From Operating Activities -$206.9M -$84.83M
Capital Expenditures -$34.48M $5.500M
Free Cash Flow -$172.4M -$90.33M
YoY Change 90.91% 18.02%

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CY2020Q1 lyft Payments To Acquire Property And Equipment And Scooter Fleet
PaymentsToAcquirePropertyAndEquipmentAndScooterFleet
34476000 USD
CY2019Q1 lyft Payments To Acquire Property And Equipment And Scooter Fleet
PaymentsToAcquirePropertyAndEquipmentAndScooterFleet
25126000 USD
CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12440000 USD
CY2019Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1711000 USD
CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-960000 USD
CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
787667000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
670324000 USD
CY2020Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
6087000 USD
CY2019Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2372000 USD
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1601000 USD
CY2020Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2019Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
5044000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6762000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
784724000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6167000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16644000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-788167000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-120000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
563977000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-202568000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
564465000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
706486000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1128442000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
503918000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
597889000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
329515000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
529091000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
172506000 USD
CY2020Q1 lyft Restricted Cash Included In Prepaid Expenses And Other Current Assets
RestrictedCashIncludedInPrepaidExpensesAndOtherCurrentAssets
1462000 USD
CY2019Q1 lyft Restricted Cash Included In Prepaid Expenses And Other Current Assets
RestrictedCashIncludedInPrepaidExpensesAndOtherCurrentAssets
1897000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1128442000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
503918000 USD
CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7585000 USD
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16612000 USD
CY2020Q1 lyft Deferred Offering Costs Incurred But Not Yet Paid
DeferredOfferingCostsIncurredButNotYetPaid
0 USD
CY2019Q1 lyft Deferred Offering Costs Incurred But Not Yet Paid
DeferredOfferingCostsIncurredButNotYetPaid
2240000 USD
CY2020Q1 lyft Right Of Use Assets Acquired Under Operating Leases
RightOfUseAssetsAcquiredUnderOperatingLeases
19861000 USD
CY2019Q1 lyft Right Of Use Assets Acquired Under Operating Leases
RightOfUseAssetsAcquiredUnderOperatingLeases
38488000 USD
CY2020Q1 lyft Purchases Of Property And Equipment Financed By Seller
PurchasesOfPropertyAndEquipmentFinancedBySeller
3464000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
755894000 USD
CY2019Q1 lyft Purchases Of Property And Equipment Financed By Seller
PurchasesOfPropertyAndEquipmentFinancedBySeller
0 USD
CY2020Q1 lyft Settlement Of Pre Existing Right Of Use Assets Under Operating Leases In Connection With Acquisition
SettlementOfPreExistingRightOfUseAssetsUnderOperatingLeasesInConnectionWithAcquisition
133088000 USD
CY2019Q1 lyft Settlement Of Pre Existing Right Of Use Assets Under Operating Leases In Connection With Acquisition
SettlementOfPreExistingRightOfUseAssetsUnderOperatingLeasesInConnectionWithAcquisition
0 USD
CY2020Q1 lyft Settlement Of Pre Existing Lease Liabilities Under Operating Leases In Connection With Acquisition
SettlementOfPreExistingLeaseLiabilitiesUnderOperatingLeasesInConnectionWithAcquisition
130089000 USD
CY2019Q1 lyft Settlement Of Pre Existing Lease Liabilities Under Operating Leases In Connection With Acquisition
SettlementOfPreExistingLeaseLiabilitiesUnderOperatingLeasesInConnectionWithAcquisition
0 USD
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify;margin-top:9pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Use of Estimates</span></div><div style="text-indent:36pt;text-align:justify;margin-top:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenues and expenses during the reporting periods. The Company bases its estimates on various factors and information which may include, but are not limited to, history and prior experience, expected future results, new related events and economic conditions, which form the basis for making </span></div><div style="text-align:justify;margin-top:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates.</span></div><div style="text-indent:36pt;text-align:justify;margin-top:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Significant items subject to estimates and assumptions include those related to losses resulting from insurance claims, fair value of financial instruments, goodwill and identifiable intangible assets, leases, indirect tax obligations, legal contingencies, valuation allowance for deferred income taxes, and valuation of stock-based compensation.</span></div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">The outbreak of the coronavirus (“COVID-19”) was declared a pandemic by the World Health Organization in March 2020, and continues to spread in the United States, Canada, and in many other countries globally.</span><span style="background-color:rgb(255,255,255, 0.0);color:#222222;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">The extent to which the Company's operations will be impacted by the COVID-19 pandemic will depend largely on future developments, which are highly uncertain and cannot be accurately predicted, including the duration of the pandemic, new information which may emerge concerning the severity of the pandemic and actions by government authorities and private businesses to contain the pandemic or respond to its impact, among other things. The Company has adopted several measures in response to the COVID-19 pandemic, including making adjustments to expenses and cash flow to correlate with anticipated declines in revenue, instructing employees to work from home, distributing thousands of bottles of hand sanitizer and masks to drivers, and restricting non-critical business travel by employees. On April 29, 2020, the Company committed to a restructuring plan which involved the termination of approximately 17% of its employees, furlough of approximately 288 employees, and temporary salary reductions for all exempt employees and board members. Refer to Note 13 “Subsequent Events” to the condensed consolidated financial statements for information regarding this reduction in workforce</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:115%;">.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;"> The Company cannot be certain that these actions will mitigate the negative effects of the pandemic on our business</span>. As of the date of issuance of the financial statements, we are not aware of any specific event or circumstance that would require us to update our estimates, judgments or revise the carrying value of our assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and could lead to impairment of long lived assets or goodwill, or credit losses associated with investments or other assets, and the impact of such changes on estimates will be recognized in the condensed consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to our financial statements.
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
918331000 USD
CY2020Q1 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
37381000 USD
CY2019Q1 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
20133000 USD
CY2020Q1 us-gaap Revenues
Revenues
955712000 USD
CY2019Q1 us-gaap Revenues
Revenues
776027000 USD
CY2020Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
124900000 USD
CY2019Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
120000000.0 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
10100000 USD
CY2020Q1 lyft Cash Equivalents And Short Term Investments Amortized Cost
CashEquivalentsAndShortTermInvestmentsAmortizedCost
2643917000 USD
CY2020Q1 lyft Cash Cash Equivalents And Short Term Investments Unrealized Gains
CashCashEquivalentsAndShortTermInvestmentsUnrealizedGains
1657000 USD
CY2020Q1 lyft Cash Cash Equivalents And Short Term Investments Unrealized Losses
CashCashEquivalentsAndShortTermInvestmentsUnrealizedLosses
2146000 USD
CY2020Q1 lyft Cash Equivalents And Short Term Investments
CashEquivalentsAndShortTermInvestments
2643428000 USD
CY2020Q1 lyft Restricted Cash And Investments Amortized Cost
RestrictedCashAndInvestmentsAmortizedCost
1382285000 USD
CY2020Q1 lyft Restricted Cash And Investments Unrealized Gains
RestrictedCashAndInvestmentsUnrealizedGains
671000 USD
CY2020Q1 lyft Restricted Cash And Investments Unrealized Losses
RestrictedCashAndInvestmentsUnrealizedLosses
1330000 USD
CY2020Q1 lyft Restricted Cash Equivalents And Short Term Investments
RestrictedCashEquivalentsAndShortTermInvestments
1381626000 USD
CY2020Q1 lyft Unrestricted And Restricted Cash Equivalents And Investments Amortized Cost
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsAmortizedCost
4026202000 USD
CY2020Q1 lyft Unrestricted And Restricted Cash Equivalents And Investments Unrealized Gains
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsUnrealizedGains
2328000 USD
CY2020Q1 lyft Unrestricted And Restricted Cash Equivalents And Investments Unrealized Losses
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsUnrealizedLosses
3476000 USD
CY2020Q1 lyft Unrestricted And Restricted Cash Equivalents And Investments Fair Value Disclosure
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsFairValueDisclosure
4025054000 USD
CY2020Q1 lyft Cash And Cash Equivalents And Short Term Investments
CashAndCashEquivalentsAndShortTermInvestments
2700000000 USD
CY2020Q1 lyft Restricted Cash And Cash Equivalents And Restricted Short Term Investments
RestrictedCashAndCashEquivalentsAndRestrictedShortTermInvestments
1500000000 USD
CY2019Q4 lyft Cash Equivalents And Short Term Investments Amortized Cost
CashEquivalentsAndShortTermInvestmentsAmortizedCost
2752014000 USD
CY2019Q4 lyft Cash Cash Equivalents And Short Term Investments Unrealized Gains
CashCashEquivalentsAndShortTermInvestmentsUnrealizedGains
1287000 USD
CY2019Q4 lyft Cash Cash Equivalents And Short Term Investments Unrealized Losses
CashCashEquivalentsAndShortTermInvestmentsUnrealizedLosses
111000 USD
CY2019Q4 lyft Cash Equivalents And Short Term Investments
CashEquivalentsAndShortTermInvestments
2753190000 USD
CY2019Q4 lyft Restricted Cash And Investments Amortized Cost
RestrictedCashAndInvestmentsAmortizedCost
1510438000 USD
CY2019Q4 lyft Restricted Cash And Investments Unrealized Gains
RestrictedCashAndInvestmentsUnrealizedGains
507000 USD
CY2019Q4 lyft Restricted Cash And Investments Unrealized Losses
RestrictedCashAndInvestmentsUnrealizedLosses
109000 USD
CY2019Q4 lyft Restricted Cash Equivalents And Short Term Investments
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1510836000 USD
CY2019Q4 lyft Unrestricted And Restricted Cash Equivalents And Investments Amortized Cost
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsAmortizedCost
4262452000 USD
CY2019Q4 lyft Unrestricted And Restricted Cash Equivalents And Investments Unrealized Gains
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsUnrealizedGains
1794000 USD
CY2019Q4 lyft Unrestricted And Restricted Cash Equivalents And Investments Unrealized Losses
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsUnrealizedLosses
220000 USD
CY2019Q4 lyft Unrestricted And Restricted Cash Equivalents And Investments Fair Value Disclosure
UnrestrictedAndRestrictedCashEquivalentsAndInvestmentsFairValueDisclosure
4264026000 USD
CY2019Q4 lyft Cash And Cash Equivalents And Short Term Investments
CashAndCashEquivalentsAndShortTermInvestments
2900000000 USD
CY2019Q4 lyft Restricted Cash And Cash Equivalents And Restricted Short Term Investments
RestrictedCashAndCashEquivalentsAndRestrictedShortTermInvestments
1600000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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0 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
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1030996000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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3476000 USD
CY2020Q1 lyft Ride Related Accrued Liabilities Current
RideRelatedAccruedLiabilitiesCurrent
200685000 USD
CY2019Q4 lyft Ride Related Accrued Liabilities Current
RideRelatedAccruedLiabilitiesCurrent
253840000 USD
CY2020Q1 us-gaap Accrued Insurance Current
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242453000 USD
CY2019Q4 us-gaap Accrued Insurance Current
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218161000 USD
CY2020Q1 us-gaap Accrued Professional Fees Current
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168452000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
162766000 USD
CY2020Q1 lyft Insurance Claims Payable And Related Fees Current
InsuranceClaimsPayableAndRelatedFeesCurrent
90982000 USD
CY2019Q4 lyft Insurance Claims Payable And Related Fees Current
InsuranceClaimsPayableAndRelatedFeesCurrent
87357000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
45977000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
242837000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
217741000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
991386000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
939865000 USD
CY2019Q4 lyft Insurance Reserves Current
InsuranceReservesCurrent
1378462000 USD
CY2018Q4 lyft Insurance Reserves Current
InsuranceReservesCurrent
810273000 USD
CY2020Q1 lyft Insurance Reserves Losses Paid
InsuranceReservesLossesPaid
205946000 USD
CY2019Q1 lyft Insurance Reserves Losses Paid
InsuranceReservesLossesPaid
99551000 USD
CY2020Q1 lyft Change In Estimates For Prior Periods
ChangeInEstimatesForPriorPeriods
58359000 USD
CY2019Q1 lyft Change In Estimates For Prior Periods
ChangeInEstimatesForPriorPeriods
23820000 USD
CY2020Q1 lyft Insurance Reserves Transfer Of Certain Legacy Auto Insurance Liabilities
InsuranceReservesTransferOfCertainLegacyAutoInsuranceLiabilities
407885000 USD
CY2019Q1 lyft Insurance Reserves Transfer Of Certain Legacy Auto Insurance Liabilities
InsuranceReservesTransferOfCertainLegacyAutoInsuranceLiabilities
0 USD
CY2020Q1 lyft Insurance Reserves During Period
InsuranceReservesDuringPeriod
152142000 USD
CY2019Q1 lyft Insurance Reserves During Period
InsuranceReservesDuringPeriod
202442000 USD
CY2020Q1 lyft Insurance Reserves Current
InsuranceReservesCurrent
975132000 USD
CY2019Q1 lyft Insurance Reserves Current
InsuranceReservesCurrent
936984000 USD
CY2020Q1 lyft Insurance Reserves Accounts Payable
InsuranceReservesAccountsPayable
465000000.0 USD
CY2020Q1 lyft Insurance Reserves Transfer Of Certain Legacy Auto Insurance Liabilities
InsuranceReservesTransferOfCertainLegacyAutoInsuranceLiabilities
407900000 USD
CY2020Q1 lyft Insurance Reserves Gain Loss Recognized
InsuranceReservesGainLossRecognized
-64700000 USD
CY2020Q1 lyft Cash And Cash Equivalents And Short Term Investments
CashAndCashEquivalentsAndShortTermInvestments
2700000000 USD
CY2020Q1 lyft Restricted Cash And Cash Equivalents And Restricted Short Term Investments
RestrictedCashAndCashEquivalentsAndRestrictedShortTermInvestments
1500000000 USD
CY2019Q4 lyft Cash And Cash Equivalents And Short Term Investments
CashAndCashEquivalentsAndShortTermInvestments
2900000000 USD
CY2019Q4 lyft Restricted Cash And Cash Equivalents And Restricted Short Term Investments
RestrictedCashAndCashEquivalentsAndRestrictedShortTermInvestments
1600000000 USD
CY2020Q1 us-gaap Other Investments
OtherInvestments
10000000.0 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
307774000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
441258000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
44127000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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94199000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
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305851000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
382077000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
349978000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
476276000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
55580000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 USD
CY2020Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
33998000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
0 USD
CY2020Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
20700000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
54698000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
0 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y7M6D
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.046
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
26230000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
23539000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6167000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
440000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1014000 USD
CY2019Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1733000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3740000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3000000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
37591000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
28272000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
13273000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
15752000 USD
CY2020Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
440000 USD
CY2019Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6167000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
50950000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
29020000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
79970000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
76466000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
20682000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Payments Due In Year Two
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueInYearTwo
97148000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
71104000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3994000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Payments Due In Year Three
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueInYearThree
75098000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
55147000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1331000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Payments Due In Year Four
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueInYearFour
56478000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
50613000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1151000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Payments Due In Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueInYearFive
51764000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
134211000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Payments Due After Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
134211000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
438491000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
56178000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Payment Due
LesseeOperatingAndFinanceLeaseLiabilityPaymentDue
494669000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
88513000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1480000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
89993000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
349978000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
54698000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability
LesseeOperatingAndFinanceLeaseLiability
404676000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
44127000 USD
CY2020Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
33998000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Current
LesseeOperatingAndFinanceLeaseLiabilityCurrent
78125000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
305851000 USD
CY2020Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
20700000 USD
CY2020Q1 lyft Lessee Operating And Finance Lease Liability Noncurrent
LesseeOperatingAndFinanceLeaseLiabilityNoncurrent
326551000 USD
CY2020Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
56900000 USD
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
55200000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
128118000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
45977000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
82141000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
36281000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
34462000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
51200000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
6175000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
128118000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1600000 USD
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0041
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1400000 USD
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0012
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-398073000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-1138473000 USD
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
304502000 shares
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
23459000 shares
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.31
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-48.53
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39035000 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
268811000 shares

Files In Submission

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0001759509-20-000024-xbrl.zip Edgar Link pending
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