Lyft reported record earnings but missed revenue estimates, announced a $1B share buyback, and plans self-driving launches in 2026 despite an operating loss.

Lyft announced a $1 billion share repurchase plan on February 10, 2026, alongside fourth-quarter 2025 results showing record GAAP earnings of $6.60 per share and $2.76 billion in net profit, though revenue of $1.59 billion missed estimates. The company reported an unexpected operating loss for 2025 due to rising costs and competitive pricing pressures. Despite strong cash generation and a cautious 2026 outlook, shares dipped after the report. Lyft continues expanding into teen accounts, Black car rides, and robotaxis with Waymo, aiming for self-driving launches in Nashville later in 2026.