Lyft Files 8-K on Financials and Operations
Ticker: LYFT · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1759509
Sentiment: neutral
Topics: financial-condition, operations, sec-filing
Related Tickers: LYFT
TL;DR
Lyft dropped an 8-K on Feb 11th covering financials & operations - check it out.
AI Summary
On February 11, 2025, Lyft, Inc. filed an 8-K report detailing events related to its financial condition and operations. The filing includes information on results of operations, Regulation FD disclosures, and other pertinent events, along with financial statements and exhibits. The report was filed by Lyft, Inc., incorporated in Delaware, with its principal executive offices located at 185 Berry Street, Suite 400, San Francisco, CA 94107.
Why It Matters
This 8-K filing provides investors with timely updates on Lyft's financial performance and operational developments, which can influence investment decisions.
Risk Assessment
Risk Level: low — This is a routine 8-K filing for operational and financial updates, not indicating any immediate or significant new risks.
Key Players & Entities
- Lyft, Inc. (company) — Registrant
- February 11, 2025 (date) — Date of earliest event reported
- 185 Berry Street, Suite 400 (location) — Principal executive offices address
- San Francisco, California (location) — City and State of principal executive offices
- 94107 (location) — ZIP code of principal executive offices
FAQ
What specific items are covered in the 8-K filing dated February 11, 2025?
The 8-K filing covers Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits.
What is the exact date of the earliest event reported in this 8-K?
The date of the earliest event reported is February 11, 2025.
Where are Lyft, Inc.'s principal executive offices located?
Lyft, Inc.'s principal executive offices are located at 185 Berry Street, Suite 400, San Francisco, California 94107.
Under which section of the Securities Exchange Act of 1934 is this Current Report filed?
This Current Report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is Lyft, Inc.'s state of incorporation and IRS Employer Identification Number?
Lyft, Inc. is incorporated in Delaware and its IRS Employer Identification Number is 20-8809830.
Filing Stats: 744 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2025-02-11 16:04:30
Key Financial Figures
- $0.00001 — red Class A Common Stock, par value of $0.00001 per share LYFT Nasdaq Global Select Mar
- $500 million — has authorized the repurchase of up to $500 million of the Company's Class A common stock.
Filing Documents
- lyft-20250211.htm (8-K) — 27KB
- lyft-2024x12x31pressreleas.htm (EX-99.1) — 327KB
- image_0a.jpg (GRAPHIC) — 78KB
- 0001759509-25-000009.txt ( ) — 611KB
- lyft-20250211.xsd (EX-101.SCH) — 2KB
- lyft-20250211_lab.xml (EX-101.LAB) — 22KB
- lyft-20250211_pre.xml (EX-101.PRE) — 13KB
- lyft-20250211_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 11, 2025, Lyft, Inc. (the "Company" or "Lyft") issued a press release announcing its financial results for the quarter and fiscal year ended December 31, 2024. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On February 11, 2025, Lyft posted supplemental investor materials on its investor.lyft.com website. Lyft announces material information to the public about Lyft, its products and services and other matters through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts, the investor relations section of its website (investor.lyft.com), its X accounts (@lyft and @davidrisher), its Chief Executive Officer's LinkedIn account (linkedin.com/in/jdavidrisher/), and its blogs (including: lyft.com/blog, lyft.com/hub, and eng.lyft.com) in order to achieve broad, non-exclusionary distribution of information to the public and for complying with its disclosure obligations under Regulation FD. The information in this current report on Form 8-K and the Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
01 Other Events
Item 8.01 Other Events Share Repurchase Program On February 11, 2025, Lyft announced that its board of directors has authorized the repurchase of up to $500 million of the Company's Class A common stock. Repurchases may be made from time to time through open market purchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. The repurchase program does not obligate the Company to acquire any particular amount of its Class A common stock and may be suspended at any time at the Company's discretion. The timing and number of shares repurchased will depend on a variety of factors, including the stock price, business and market conditions, corporate and regulatory requirements, alternative investment opportunities, acquisition opportunities, and other factors.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit No. Exhibit Description 99.1 Press Release, dated February 11, 2025 104 Cover Page Interactive Data File (formatted as Inline XBRL) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LYFT, INC. Date: February 11, 2025 /s/ Erin Brewer Erin Brewer Chief Financial Officer