Lyft Results Presentation Deck
GAAP to Non-GAAP Reconciliations (cont.)
($ in millions)
GAAP Total Costs and Expenses
Amortization of intangible assets
Stock-based compensation expense
GAAP Loss from Operations
Amortization of intangible assets
Stock-based compensation expense
(1)
Payroll tax expense related to stock-based compensation
Net amount from claims ceded under the Reinsurance Agreement (¹)
Sublease income (2)
Costs related to acquisitions and divestitures
Transaction costs rel. to certain legacy auto insurance liabilities
Restructuring charges
Non-GAAP Total Costs and Expenses
Payroll tax expense related to stock-based compensation
Net amount from claims ceded under the Reinsurance Agreement (1)
Sublease income (2)
Costs related to acquisitions and divestitures
Transaction costs rel. to certain legacy auto insurance liabilities
Restructuring charges
Non-GAAP Loss from Operations
(2)
Note:
$
Q1
(1,025.4) $
4.5
164.2
16.5
(840.2) $
(416.4) $
4.5
164.2
16.5
(231.2) $
Q2
Fiscal 2021
(1,005.1) $
4.8
201.0
6.8
0.9
20.4
(771.2) $
(240.1) $
4.8
201.0
6.8
0.9
20.4
(6.2) $
Q3
(1,069.4) $
4.7
198.4
4.9
28.2
2.9
0.6
(829.7) $
(205.0) $
4.7
198.4
4.9
28.2
2.9
0.6
34.7 $
Q4
(1,243.6) $
4.1
160.9
3.3
24.6
3.7
(1,046.9) $
(273.6) $
4.1
160.9
3.3
24.6
3.7
(77.0) $
Q1
(1,074.9) $
3.1
153.7
9.5
55.3
3.7
(849.6) $
(199.3) $
3.1
153.7
9.5
55.3
3.7
25.9 $
Q2
Fiscal 2022
(1,363.9) $
4.5
176.6
2.5
(36.8)
3.8
1.4
(1,211.9) $
(373.2) $
4.5
176.6
2.5
(36.8)
3.8
14
(221.2) $
Q3
(1,344.2) $
5.4
221.0
3.1
2.6
0.9
(1,111.3) $
(290.4) $
5.4
221.0
3.1
2.6
0.9
(57.5) $
Q4
(1,771.0)
5.5
199.4
1.9
1.5
110.5
(1,452.2)
(596.0)
5.5
199.4
1.9
1.5
110.5
(277.2)
Reflects the net amount recognized on the statement of operations associated with claims ceded under the Reinsurance agreement, including any losses related to the deferral of gains on the statement of operations and any benefit
from the amortization of the deferred gain in the same period. For transparency, to help investors understand the ultimate economic benefit of the Reinsurance Agreement, we have broken out "Net amount of claims ceded under the
Reinsurance Agreement."
For the GAAP income statement, sublease income is included as other income while the related lease rent expense is included in its respective operating expense line item. For non-GAAP purposes, sublease income is presented as a
contra-expense to the related lease rent expense.
Due to rounding, numbers presented may not add up precisely to the totals provided.
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