Lyft Is Down 79% and Reddit Is Asking If Bankruptcy Is Next

"Q4 tells two stories, depending on which line you read: gross bookings hit $5.07 billion, up 19% year-over-year, and active riders reached a record 29.2 million, up 18%. Adjusted EBITDA grew 37% year-over-year to $154.1 million. Full-year free cash flow exceeded $1.1 billion, an all-time high. But reported revenue of $1.592 billion missed the $1.649 billion consensus estimate."

"The post frames Lyft as a 'bloated and poorly run cab operation' and compares its stock decline to the collapse of NYC taxi medallions. The price data gives it grounding: Lyft shares are down 79.34% over five years. Operating income for 2025 remained negative at -$188.4 million, indicating GAAP profitability remains elusive despite EBITDA progress."

Lyft trades at $13.32, down 31.2% year-to-date despite Q4 2025 showing operational strength. Gross bookings reached $5.07 billion, up 19% year-over-year, with active riders hitting a record 29.2 million. Adjusted EBITDA grew 37% to $154.1 million, and full-year free cash flow exceeded $1.1 billion. However, reported revenue of $1.592 billion missed consensus estimates, and the company remains unprofitable on a GAAP basis with operating losses of $188.4 million for 2025. Social sentiment is bearish, with Reddit investors questioning the company's survival prospects and comparing its stock performance unfavorably to NYC taxi medallions.

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