Lyft shares tumble as winter storms and surprise annual loss hit forecasts

The ride-share firm saw shares drop 14 percent following a surprise operating loss for 2025. Severe winter weather also dampened its first-quarter outlook.

Insights:
Lyft, Inc. announced on February 10, 2026, that it expects first-quarter adjusted core profit to fall below market expectations, while also reporting a surprise operating loss of $188.4 million for the 2025 fiscal year. The dual announcement, released alongside the company's latest quarterly results, triggered a 14% decline in the company's shares during after-hours trading as investors reacted to the unexpected financial figures.
A Lyft rideshare driver passes through the Second Street Tunnel, under Bunker Hill in downtown Los Angeles, California, U.S., January 29, 2022. REUTERS/Bing Guan
A Lyft rideshare driver passes through the Second Street Tunnel, under Bunker Hill in downtown Los Angeles, California, U.S., January 29, 2022. REUTERS/Bing Guan
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