7Baggers

Lyft, Inc
(NASDAQ:LYFT) 

LYFT stock logo

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drive...

Founded: 2007
IPO Price: $72 (Mar 29, 2019)
Full Time Employees: 4,786
Founder: John Zimmer, Logan Green 
CEO: David Risher  
Sector: Technology
Industry: Software-Application
Ride Sharing
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At a glance:
  • Rideshare Demand Recovery and Trip Growth Focus: Lyft’s near-term narrative centers on stabilizing and growing ride volume through improved rider experience, competitive pricing, and driver supply initiatives as urban mobility normalizes.
  • Path to Sustainable Profitability and Margin Expansion: Investors are watching whether Lyft can translate scale into higher adjusted EBITDA and operating leverage through cost discipline, better marketplace efficiency, and reduced incentives over time.
  • Competitive Dynamics with Uber Drive Incentives and Pricing: Lyft operates in a highly competitive U.S. rideshare duopoly; shifts in incentives, pricing, and product features can pressure take rates and require promotional spend to defend share.
  • Regulatory and Labor Classification Overhang: Ongoing scrutiny around driver classification, minimum pay rules, and local/state regulations could affect cost structure, marketplace liquidity, and long-term unit economics.
  • Balance Sheet, Cash Flow, and Capital Allocation Priorities: Key watch items include free cash flow consistency, liquidity vs. reinvestment needs, and any strategic uses of cash (e.g., buybacks, debt management) amid shifting growth and profitability goals.
Bull Thesis:
  • Robust Recovery in Ride-Sharing Demand: Post-pandemic, demand for ride-sharing services has shown significant recovery, particularly in urban centers and for events, directly benefiting Lyft's core business as people return to pre-pandemic mobility patterns.
  • Clear Path to Adjusted Profitability and Operational Efficiency: Lyft has demonstrated a strong focus on cost management and operational efficiency, leading to improved adjusted EBITDA and a clearer trajectory towards sustainable profitability by optimizing driver incentives and marketing spend.
  • Focused Strategy on Core Ride-Sharing Market: Unlike competitors, Lyft's primary focus remains on the ride-sharing segment, allowing for dedicated resource allocation and potentially better execution within its core market without the complexities of diversifying into other logistics or delivery services.
Bear Thesis:
  • Intense Competition and Pricing Pressure from Uber: Lyft operates in a highly competitive duopoly with Uber, which often leads to pricing wars, increased marketing spend, and pressure on margins as both companies vie for market share and driver supply, limiting Lyft's pricing power.
  • Persistent Driver Supply Challenges and Wage Inflation: Attracting and retaining a sufficient number of drivers remains a significant challenge, often requiring increased incentives and higher wages, which directly impacts the company's profitability and can lead to service quality issues during peak demand.
  • Ongoing Regulatory and Legal Headwinds: Lyft faces continuous regulatory scrutiny and legal challenges across various jurisdictions, particularly concerning driver classification (employee vs. contractor), minimum wages, and operating licenses, posing risks to its business model and increasing compliance costs.
  • Elusive GAAP Profitability and Free Cash Flow Generation: Despite progress on adjusted profitability metrics, Lyft has struggled to achieve consistent GAAP net income and positive free cash flow, raising concerns among investors about its long-term financial sustainability and ability to self-fund growth.
Main Competitors:
  • Uber Technologies, Inc. ($UBER) (Uber (Ride-sharing, Uber Eats)), Uber is Lyft's primary and most direct competitor in the ride-sharing market across most of its operational regions. They compete fiercely on driver supply, rider demand, pricing, service quality, and market share. Uber also offers food delivery (Uber Eats), which can sometimes be an alternative to personal transport for errands.
  • Various Local Taxi & Limousine Services (Taxi services, private car services), Traditional taxi and limousine services compete with Lyft by offering on-demand or pre-booked private transportation. While often less technologically advanced, they have established customer bases, local licenses, and can sometimes offer more competitive pricing or specialized services in certain areas.
  • Public Transportation Agencies (Buses, subways, light rail, commuter trains), Public transportation serves as a cost-effective alternative to ride-sharing for many urban commuters and travelers. While not offering the same door-to-door convenience, it competes on price, environmental impact, and often speed in congested areas, especially during peak hours.
  • Car Rental Companies (e.g., Enterprise, Hertz, Avis) (Car rentals), For longer trips, multi-stop journeys, or when ride-sharing costs become prohibitive, car rental companies offer an alternative. They provide users with temporary access to a private vehicle, competing on flexibility for extended use cases and trips outside of typical ride-sharing zones.
Moat:
Lyft operates in a highly competitive market, primarily vying with Uber for market share in ride-sharing. Its moat is largely built on network effects, where a robust supply of drivers attracts more riders, and vice-versa, creating a virtuous cycle. Brand recognition and a sophisticated technology platform for matching and routing also contribute. However, this moat is constantly challenged by intense price competition, the need to continuously attract and retain drivers, and the fragmented nature of urban transportation alternatives. Competitors range from traditional taxi services and public transportation to car rental companies, each addressing different segments of the transportation market. Lyft's long-term success hinges on achieving sustainable profitability, optimizing its driver-rider ecosystem, and adapting to future mobility trends, including the potential for autonomous vehicles.
Income Statements:
Quarterly
Annual
    Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 
                                
      revenue
    		1,592,711,000 1,685,195,000 1,588,183,000 1,450,172,000 1,550,277,000 1,522,692,000 1,435,846,000 1,277,201,000 1,224,585,000 1,157,550,000 1,020,906,000 1,000,548,000 1,174,992,000 1,053,820,000 990,748,000 875,575,000 969,933,000 864,405,000 765,025,000 608,960,000 569,880,000 499,744,000 339,345,000 955,712,000 1,017,070,000 955,598,000 867,265,000 776,027,000 
      yoy
    		2.74% 10.67% 10.61% 13.54% 26.60% 31.54% 40.64% 27.65% 4.22% 9.84% 3.04% 14.27% 21.14% 21.91% 29.51% 43.78% 70.20% 72.97% 125.44% -36.28% -43.97% -47.70% -60.87% 23.15%     
      qoq
    		-5.49% 6.11% 9.52% -6.46% 1.81% 6.05% 12.42% 4.30% 5.79% 13.38% 2.03% -14.85% 11.50% 6.37% 13.15% -9.73% 12.21% 12.99% 25.63% 6.86% 14.03% 47.27% -64.49% -6.03% 6.43% 10.19% 11.76%  
      costs and expenses
    		                            
      cost of revenue
    		971,824,000 927,221,000 935,734,000 862,874,000 874,579,000 888,255,000 819,518,000 755,362,000 743,863,000 644,500,000 606,599,000 548,992,000 774,383,000 570,703,000 650,356,000 440,294,000 526,571,000 364,032,000 346,890,000 412,039,000 392,128,000 261,614,000 251,355,000 542,419,000 502,762,000 580,714,000 630,136,000 462,857,000 
      operations and support
    		123,140,000 131,424,000 117,433,000 106,335,000 107,583,000 117,462,000 115,734,000 103,042,000 101,901,000 118,763,000 107,649,000 98,926,000 120,709,000 119,223,000 105,314,000 98,600,000 109,858,000 109,679,000 93,765,000 88,931,000 98,435,000 123,136,000 98,610,000 133,782,000 147,112,000 149,794,000 151,975,000 187,235,000 
      research and development
    		119,984,000 109,615,000 109,325,000 112,495,000 93,796,000 104,447,000 98,807,000 100,023,000 95,171,000 109,229,000 154,612,000 196,904,000 234,577,000 227,678,000 201,768,000 192,754,000 194,996,000 226,693,000 252,039,000 238,218,000 215,180,000 232,106,000 203,101,000 258,739,000 276,575,000 288,272,000 309,833,000 630,960,000 
      sales and marketing
    		258,845,000 243,317,000 190,922,000 182,017,000 251,351,000 215,779,000 176,370,000 145,472,000 125,949,000 129,947,000 109,167,000 115,941,000 130,707,000 133,722,000 140,754,000 126,329,000 123,904,000 108,955,000 99,927,000 78,620,000 89,524,000 78,548,000 51,822,000 196,437,000 194,184,000 163,858,000 180,951,000 275,129,000 
      general and administrative
    		303,926,000 250,565,000 232,339,000 215,300,000 195,016,000 253,436,000 252,643,000 236,253,000 217,852,000 195,290,000 201,398,000 256,540,000 510,638,000 292,870,000 265,731,000 216,941,000 263,615,000 231,907,000 212,522,000 207,594,000 228,040,000 257,693,000 221,954,000 238,440,000 278,251,000 263,820,000 267,286,000 376,736,000 
      total costs and expenses
    		1,777,719,000 1,662,142,000 1,585,753,000 1,479,021,000 1,522,325,000 1,579,379,000 1,463,072,000 1,340,152,000 1,284,736,000 1,197,729,000 1,179,425,000 1,217,303,000 1,771,014,000 1,344,196,000 1,363,923,000 1,074,918,000 1,218,944,000 1,041,266,000 1,005,143,000 1,025,402,000 1,023,307,000 953,097,000 826,842,000 1,369,817,000 1,398,884,000 1,446,458,000 1,540,181,000 1,932,917,000 
      income from operations
    		-185,008,000 23,053,000 2,430,000 -28,849,000 27,952,000 -56,687,000 -27,226,000 -62,951,000 -60,151,000 -40,179,000 -158,519,000 -216,755,000 -596,022,000 -290,376,000 -373,175,000 -199,343,000 -249,011,000 -176,861,000 -240,118,000 -416,442,000 -453,427,000 -453,353,000 -487,497,000 -414,105,000 -381,814,000 -490,860,000 -672,916,000 -1,156,890,000 
      yoy
    		-761.88% -140.67% -108.93% -54.17% -146.47% 41.09% -82.82% -70.96% -89.91% -86.16% -57.52% 8.73% 139.36% 64.18% 55.41% -52.13% -45.08% -60.99% -50.74% 0.56% 18.76% -7.64% -27.55% -64.21%     
      qoq
    		-902.53% 848.68% -108.42% -203.21% -149.31% 108.21% -56.75% 4.65% 49.71% -74.65% -26.87% -63.63% 105.26% -22.19% 87.20% -19.95% 40.79% -26.34% -42.34% -8.16% 0.02% -7.00% 17.72% 8.46% -22.22% -27.05% -41.83%  
      operating margin %
    		-11.62% 1.37% 0.15% -1.99% 1.80% -3.72% -1.90% -4.93% -4.91% -3.47% -15.53% -21.66% -50.73% -27.55% -37.67% -22.77% -25.67% -20.46% -31.39% -68.39% -79.57% -90.72% -143.66% -43.33% -37.54% -51.37% -77.59% -149.08% 
      interest expense
    		-4,831,000 -4,742,000 -5,032,000 -6,150,000 -6,659,000 -7,362,000 -7,852,000 -7,048,000 -8,430,000 -6,209,000 -6,151,000 -5,433,000 -5,204,000 -5,022,000 -4,960,000 -4,549,000 -13,125,000 -13,093,000 -12,849,000 -12,568,000 -12,105,000 -12,529,000 -6,537,000      
      other income
    		42,172,000 25,804,000 46,989,000 40,917,000 39,242,000 50,941,000 41,943,000 41,057,000 45,434,000 34,399,000 53,075,000 37,215,000 15,451,000 -126,155,000 953,000 9,763,000 5,545,000 125,042,000 1,741,000 3,605,000 4,903,000 7,474,000 12,123,000 -3,665,000 -387,000 641,000  146,000 
      income before income taxes
    		-147,667,000 44,115,000 44,387,000 5,918,000 60,535,000 -13,108,000 6,865,000 -28,942,000 -23,147,000 -11,989,000 -111,595,000 -184,973,000 -585,775,000 -421,553,000 -377,182,000 -194,129,000 -256,591,000 -64,912,000 -251,226,000 -425,405,000 -460,629,000 -458,408,000 -481,911,000 -396,443,000 -357,979,000 -461,568,000 -643,248,000 -1,137,090,000 
      provision for income taxes
    		-2,902,720,000 -1,959,000 4,073,000 3,351,000 -1,196,000 -682,000 1,851,000 2,593,000 3,162,000 111,000 2,667,000 2,676,000 2,357,000 648,000 64,000 2,803,000 1,972,000 6,627,000 692,000 1,934,000 -2,474,000 1,109,000 -44,799,000 1,630,000 -1,927,000 1,909,000 991,000 1,383,000 
      net income
    		2,755,053,000 46,074,000 40,314,000 2,567,000 61,731,000 -12,426,000 5,014,000 -31,535,000 -26,309,000 -12,100,000 -114,262,000 -187,649,000 -588,132,000 -422,201,000 -377,246,000 -196,932,000 -258,563,000 -71,539,000 -251,918,000 -427,339,000 -458,155,000 -459,517,000 -437,112,000 -398,073,000 -356,052,000 -463,477,000 -644,239,000 -1,138,473,000 
      yoy
    		4363.00% -470.79% 704.03% -108.14% -334.64% 2.69% -104.39% -83.19% -95.53% -97.13% -69.71% -4.71% 127.46% 490.17% 49.75% -53.92% -43.56% -84.43% -42.37% 7.35% 28.68% -0.85% -32.15% -65.03%     
      qoq
    		5879.63% 14.29% 1470.47% -95.84% -596.79% -347.83% -115.90% 19.86% 117.43% -89.41% -39.11% -68.09% 39.30% 11.92% 91.56% -23.84% 261.43% -71.60% -41.05% -6.73% -0.30% 5.13% 9.81% 11.80% -23.18% -28.06% -43.41%  
      net income margin %
    		172.98% 2.73% 2.54% 0.18% 3.98% -0.82% 0.35% -2.47% -2.15% -1.05% -11.19% -18.75% -50.05% -40.06% -38.08% -22.49% -26.66% -8.28% -32.93% -70.18% -80.39% -91.95% -128.81% -41.65% -35.01% -48.50% -74.28% -146.71% 
      net income per share
    		       -0.08 -0.06 -0.03 -0.3 -0.5 -1.63 -1.18 -1.08 -0.57 -0.76 -0.21 -0.76 -1.31 -1.43 -1.46 -1.41 -1.31 -0.39 -1.57 -2.23 -48.53 
      basic
    		6.71 0.11 0.1 0.01 0.16 -0.03 0.01                      
      diluted
    		6.6 0.11 0.1 0.01 0.16 -0.03 0.01                      
      weighted-average number of shares outstanding used to compute net income per share attributable to common stockholders
    		                            
      basic
    		410,840 405,679 417,242 419,047 409,181 412,229 406,512                      
      diluted
    		417,659 412,674 422,953 424,024 413,651 412,229 411,969                      
      stock-based compensation included in costs and expenses:
    		                            
      weighted-average number of shares outstanding used to compute net loss per share
    		                            
      basic
    		410,840 405,679 417,242 419,047 409,181 412,229 406,512                      
      diluted
    		417,659 412,674 422,953 424,024 413,651 412,229 411,969                      
      weighted-average number of shares outstanding used to compute net income per share
    		                            
      basic
    		410,840 405,679 417,242 419,047 409,181 412,229 406,512                      
      diluted
    		417,659 412,674 422,953 424,024 413,651 412,229 411,969                      
      net income per share
    		       -0.08 -0.06 -0.03 -0.3 -0.5 -1.63 -1.18 -1.08 -0.57 -0.76 -0.21 -0.76 -1.31 -1.43 -1.46 -1.41 -1.31 -0.39 -1.57 -2.23 -48.53 
      weighted-average number of shares outstanding used to compute net loss per share, basic and diluted
    		       401,553 385,335 389,307 381,884 373,727 354,731 356,478 350,526 346,558 334,724 337,753 332,101 326,165 312,175 314,530 309,213 304,502 227,498 294,784 288,372 23,459 
      interest income
    		                       21,327,000 24,222,000 28,651,000 29,979,000 19,654,000 
      other expense
    		                          -311,000  
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 
                                  
        assets
      		                            
        current assets
      		                            
        cash and cash equivalents
      		1,132,009,000 1,305,908,000 913,845,000 985,494,000 759,319,000 770,298,000 604,357,000 507,918,000 558,636,000 590,541,000 638,434,000 509,576,000 281,090,000 143,715,000 239,299,000 214,868,000 457,325,000 728,382,000 484,181,000 312,230,000 319,734,000 424,806,000 841,061,000 597,889,000 358,319,000 543,871,000 417,393,000 329,515,000 
        short-term investments
      		705,172,000 686,615,000 878,319,000 1,168,501,000 1,225,124,000 1,156,735,000 1,195,970,000 1,157,729,000 1,126,548,000 1,076,089,000 1,059,730,000 1,245,220,000 1,515,702,000 1,639,683,000 1,567,749,000 2,021,663,000 1,796,533,000 1,653,899,000 1,761,339,000 1,925,090,000 1,931,334,000 2,028,643,000 1,934,876,000 2,071,991,000 2,491,805,000 2,572,568,000 2,892,917,000 705,371,000 
        prepaid expenses and other current assets
      		1,082,334,000 1,002,890,000 965,418,000 969,915,000 966,090,000 940,335,000 879,606,000 883,133,000 892,235,000 833,609,000 781,154,000 792,708,000 786,067,000 689,341,000 652,435,000 699,019,000 522,212,000 510,971,000 357,049,000 343,666,000 343,070,000 299,605,000 320,269,000 474,874,000 397,239,000 426,384,000 367,487,000 345,526,000 
        total current assets
      		2,919,515,000 2,995,413,000 2,757,582,000 3,123,910,000 2,950,533,000 2,867,368,000 2,679,933,000 2,548,780,000 2,577,419,000 2,500,239,000 2,479,318,000 2,547,504,000 2,582,859,000 2,472,739,000 2,459,483,000 2,935,550,000 2,776,070,000 2,893,252,000 2,602,569,000 2,580,986,000 2,594,138,000 2,753,054,000 3,096,206,000 3,144,754,000 3,247,363,000 3,542,823,000 3,677,797,000 1,380,412,000 
        restricted cash and cash equivalents
      		705,361,000 368,314,000 461,267,000 261,400,000 186,721,000 270,248,000 213,903,000 144,698,000 211,786,000 258,798,000 365,849,000 228,487,000 109,368,000 167,242,000 102,099,000 67,152,000 73,205,000 143,846,000 144,567,000 183,556,000 118,559,000 115,229,000 210,343,000 529,091,000 204,976,000 139,440,000 122,983,000 172,506,000 
        restricted investments
      		1,230,758,000 1,437,584,000 1,253,399,000 1,374,522,000 1,355,451,000 1,196,837,000 1,125,027,000 1,062,318,000 837,291,000 767,037,000 632,497,000 835,849,000 1,027,506,000 1,004,570,000 1,090,835,000 880,908,000 1,044,855,000 898,415,000 920,159,000 940,415,000 1,101,712,000 1,199,833,000 971,831,000 940,827,000 1,361,045,000 1,237,314,000 1,165,299,000 993,335,000 
        other investments
      		47,066,000 45,166,000 43,343,000 42,118,000 42,516,000 42,982,000 39,704,000 39,290,000 39,870,000 39,324,000 39,870,000 26,493,000 26,390,000 26,326,000 155,677,000 70,203,000 80,411,000 75,260,000 75,260,000 10,700,000 10,000,000 10,000,000 10,000,000 10,000,000     
        property and equipment
      		418,530,000 387,409,000 401,204,000 415,099,000 444,864,000 483,861,000 528,233,000 544,454,000 465,844,000 476,848,000 472,416,000 424,444,000 313,402,000 372,745,000 381,575,000 313,731,000 298,195,000 322,487,000 321,985,000 308,405,000 313,297,000 335,738,000 353,576,000 360,546,000 188,603,000 159,986,000 138,149,000 120,473,000 
        operating lease right-of-use assets
      		165,579,000             190,718,000 201,215,000 213,111,000  235,219,000 248,407,000 260,877,000  283,990,000 297,173,000 307,774,000     
        intangible assets
      		178,944,000 134,945,000 37,986,000 39,342,000 42,776,000 48,242,000 51,299,000 55,591,000 59,515,000 62,492,000 68,294,000 71,732,000 76,208,000 81,045,000 89,177,000 48,418,000 50,765,000 54,852,000 59,337,000 61,282,000 65,845,000 71,792,000 79,705,000 88,744,000 82,919,000 90,218,000 99,612,000 108,572,000 
        goodwill
      		439,754,000 389,524,000 255,548,000 251,476,000 251,376,000 256,393,000 255,391,000 256,228,000 257,791,000 255,721,000 260,810,000 262,288,000 261,582,000 261,667,000 262,214,000 180,475,000 180,516,000 180,516,000 180,942,000 182,693,000 182,687,000 182,725,000 182,797,000 180,590,000 158,725,000 150,781,000 150,926,000 150,650,000 
        deferred tax assets
      		2,906,135,000                            
        other assets
      		18,411,000 29,434,000 16,250,000 13,859,000 12,435,000 13,358,000 14,635,000 15,992,000 16,749,000 17,286,000 21,361,000 22,627,000 23,903,000 23,134,000 15,259,000 58,916,000 46,455,000 20,421,000 18,129,000 16,930,000 16,970,000 15,970,000 12,814,000 9,432,000 6,494,000 2,637,000 2,683,000 10,354,000 
        total assets
      		9,030,053,000 5,943,033,000 5,369,367,000 5,667,998,000 5,435,069,000 5,263,155,000 4,997,084,000 4,762,425,000 4,564,467,000 4,478,224,000 4,446,233,000 4,529,466,000 4,556,431,000 4,600,186,000 4,757,534,000 4,768,464,000 4,773,884,000 4,824,268,000 4,571,355,000 4,545,844,000 4,678,964,000 4,968,331,000 5,214,445,000 5,571,758,000 5,691,383,000 5,735,161,000 5,704,476,000 3,240,907,000 
        liabilities and stockholders’ equity
      		                            
        current liabilities
      		                            
        accounts payable
      		120,464,000 107,354,000 104,450,000 98,633,000 97,704,000 109,336,000 116,070,000 104,470,000 72,282,000 56,743,000 62,235,000 103,296,000 107,801,000 90,132,000 99,958,000 95,573,000 129,542,000 127,431,000 77,354,000 69,861,000 84,108,000 26,020,000 48,236,000 540,495,000 38,839,000 36,210,000 12,690,000 39,394,000 
        insurance reserves
      		2,180,426,000 2,070,618,000 1,947,865,000 1,823,535,000 1,701,393,000 1,592,564,000 1,489,577,000 1,390,952,000 1,337,868,000 1,322,770,000 1,309,517,000 1,353,703,000 1,417,350,000 1,265,728,000 1,234,903,000 1,065,881,000 1,068,628,000 1,011,153,000 1,035,828,000 1,058,416,000 987,064,000 922,628,000 943,636,000 975,132,000 1,378,462,000 1,374,935,000 1,207,380,000 936,984,000 
        accrued and other current liabilities
      		2,196,863,000 1,930,676,000 1,839,940,000 1,735,315,000 1,666,278,000 1,715,181,000 1,602,588,000 1,580,509,000 1,508,855,000 1,527,019,000 1,606,572,000 1,636,759,000 1,561,609,000 1,382,606,000 1,348,359,000 1,364,019,000 1,211,641,000 1,206,521,000 1,123,737,000 1,038,369,000 954,008,000 1,047,548,000 939,410,000 991,386,000 939,865,000 880,769,000 813,288,000 702,009,000 
        operating lease liabilities, current
      		28,068,000 27,203,000 24,482,000 24,920,000                         
        convertible senior notes, current
      		   390,537,000 390,175,000 389,773,000 389,374,000                      
        total current liabilities
      		4,525,821,000 4,135,851,000 3,916,737,000 4,072,940,000 3,880,742,000 3,848,606,000 3,640,838,000 3,119,198,000 2,961,561,000 2,948,862,000 3,020,439,000 3,135,424,000 3,132,563,000 2,784,849,000 2,731,871,000 2,577,183,000 2,463,576,000 2,399,878,000 2,291,452,000 2,220,849,000 2,074,471,000 2,045,175,000 1,979,564,000 2,551,140,000 2,451,365,000 2,380,789,000 2,125,816,000 1,752,063,000 
        operating lease liabilities
      		159,904,000 151,109,000 142,854,000 147,972,000 152,074,000 103,779,000 113,102,000 124,796,000 134,102,000 141,894,000 154,381,000 161,800,000 176,356,000 179,083,000 188,993,000 200,018,000 210,232,000 223,035,000 237,153,000 252,026,000 265,803,000 278,773,000 293,017,000 305,851,000 382,077,000 359,160,000 295,164,000 263,755,000 
        long-term debt
      		1,002,404,000 1,010,044,000 526,532,000 549,878,000 565,968,000 574,475,000 578,334,000 942,174,000 839,362,000 833,816,000 808,060,000 793,422,000 803,207,000 814,736,000 807,994,000 787,404,000 655,173,000 662,457,000 659,783,000 651,637,000 644,236,000 622,684,000 623,360,000 82,141,000     
        other liabilities
      		68,401,000 72,994,000 50,568,000 59,093,000 69,269,000 80,516,000 87,182,000 84,925,000 87,924,000 85,326,000 76,310,000 56,824,000 55,637,000 55,994,000 61,409,000 45,871,000 50,905,000 54,824,000 18,209,000 12,470,000 18,291,000 18,606,000 21,945,000 25,137,000 3,857,000 5,698,000 6,364,000 4,660,000 
        total liabilities
      		5,756,530,000 5,369,998,000 4,636,691,000 4,829,883,000 4,668,053,000 4,607,376,000 4,419,456,000 4,271,093,000 4,022,949,000 4,009,898,000 4,059,190,000 4,147,470,000 4,167,763,000 3,834,662,000 3,790,267,000 3,610,476,000 3,379,886,000 3,340,194,000 3,206,597,000 3,136,982,000 3,002,801,000 2,965,238,000 2,917,886,000 2,964,269,000 2,837,299,000 2,745,647,000 2,427,344,000 2,020,478,000 
        commitments and contingencies
      		                            
        stockholders’ equity
      		                            
        preferred stock, 0.00001 par value...
      		                            
        common stock, 0.00001 par value...
      		4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000  
        additional paid-in capital
      		10,687,017,000 10,743,631,000 10,954,946,000 11,104,110,000 11,035,246,000 10,978,966,000 10,892,833,000 10,810,051,000 10,827,378,000 10,732,214,000 10,633,368,000 10,514,527,000 10,335,013,000 10,127,487,000 9,908,513,000 9,721,213,000 9,706,293,000 9,538,400,000 9,346,049,000 9,136,881,000 8,977,061,000 8,838,023,000 8,674,208,000 8,554,471,000 8,398,927,000 8,176,401,000 7,999,678,000 149,999,000 
        accumulated other comprehensive income
      		625,000    -10,103,000  -7,773,000 -6,273,000 -4,949,000 -9,286,000 -3,823,000 -4,291,000 -5,754,000  -10,988,000 -10,212,000 -2,511,000 -3,105,000 -1,609,000 -255,000 -473,000 7,340,000 5,104,000 -1,341,000 2,725,000 4,629,000 5,493,000 2,186,000 
        accumulated deficit
      		-7,414,123,000 -10,169,176,000 -10,215,250,000 -10,255,564,000 -10,258,131,000 -10,319,862,000 -10,307,436,000 -10,312,450,000 -10,280,915,000 -10,254,606,000 -10,242,506,000 -10,128,244,000 -9,940,595,000 -9,352,463,000 -8,930,262,000 -8,553,016,000 -8,309,787,000 -8,051,224,000 -7,979,685,000 -7,727,767,000 -7,300,428,000 -6,842,273,000 -6,382,756,000 -5,945,644,000 -5,547,571,000 -5,191,519,000 -4,728,042,000 -4,083,803,000 
        total stockholders’ equity
      		3,273,523,000 573,035,000 732,676,000 838,115,000 767,016,000 655,779,000 577,628,000 491,332,000 541,518,000 468,326,000 387,043,000 381,996,000 388,668,000 765,524,000 967,267,000 1,157,988,000 1,393,998,000 1,484,074,000 1,364,758,000 1,408,862,000 1,676,163,000 2,003,093,000 2,296,559,000 2,607,489,000 2,854,084,000 2,989,514,000 3,277,132,000  
        total liabilities and stockholders’ equity
      		9,030,053,000 5,943,033,000 5,369,367,000 5,667,998,000 5,435,069,000 5,263,155,000 4,997,084,000 4,762,425,000 4,564,467,000 4,478,224,000 4,446,233,000 4,529,466,000 4,556,431,000 4,600,186,000 4,757,534,000 4,768,464,000  4,824,268,000 4,571,355,000 4,545,844,000  4,968,331,000 5,214,445,000 5,571,758,000     
        operating lease right of use assets
      		 155,244,000 142,788,000 146,272,000 148,397,000 83,866,000 88,959,000 95,074,000 98,202,000 100,479,000 105,818,000 110,042,000 135,213,000    223,412,000    275,756,000    441,258,000 411,962,000 347,027,000 304,605,000 
        accumulated other comprehensive loss
      		 -1,424,000 -7,024,000 -10,435,000  -3,329,000        -9,504,000               
        operating lease liabilities — current
      		    25,192,000 41,752,000 43,229,000 43,267,000 42,556,000 42,330,000 42,115,000 41,666,000 45,803,000 46,383,000 48,651,000 51,710,000 53,765,000 54,773,000 54,533,000 54,203,000 49,291,000 48,979,000 48,282,000 44,127,000 94,199,000 88,875,000 92,458,000 73,676,000 
        liabilities, redeemable convertible preferred stock and stockholders’ equity
      		                            
        total liabilities, redeemable convertible preferred stock and stockholders’ equity
      		                4,773,884,000    4,678,964,000    5,691,383,000 5,735,161,000 5,704,476,000  
        redeemable convertible preferred stock, 0.00001 par value...
      		                           5,152,047,000 
        liabilities, redeemable convertible preferred stock and stockholders’ deficit
      		                            
        stockholders’ deficit
      		                            
        total stockholders’ deficit
      		                           -3,931,618,000 
        total liabilities, redeemable convertible preferred stock and stockholders’ deficit
      		                           3,240,907,000 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 
                                    
          cash flows from operating activities
        		                            
          net income
        		2,755,053,000 46,074,000 40,314,000 2,567,000                         
          adjustments to reconcile net income to net cash from operating activities
        		                            
          depreciation and amortization
        		37,265,000 33,760,000 30,630,000 33,572,000 33,703,000 45,118,000 37,663,000 32,408,000 31,163,000 29,509,000 28,611,000 27,230,000 58,011,000 35,880,000 29,119,000 31,788,000 33,282,000 37,060,000 34,556,000 34,449,000 35,703,000 41,714,000 44,462,000 35,474,000 24,077,000 30,137,000 31,080,000 23,135,000 
          stock-based compensation
        		80,423,000 66,585,000 82,102,000 93,158,000 76,128,000 88,956,000 85,739,000 80,098,000 91,681,000 98,543,000 113,926,000 180,383,000 199,400,000 220,980,000 176,644,000 153,743,000 160,885,000 198,445,000 201,001,000 164,229,000 133,309,000 166,717,000 105,803,000 159,978,000 204,411,000 242,176,000 293,238,000 859,486,000 
          deferred income tax
        		                     0       
          amortization of premium on marketable securities
        		138,000 108,000 28,000 33,000 48,000 79,000 93,000 64,000 24,000 6,000 7,000 80,000 445,000 602,000 845,000 1,063,000 813,000 908,000 837,000 1,542,000 2,378,000 2,348,000 1,249,000 486,000 255,000 191,000 127,000 24,000 
          accretion of discount on marketable securities
        		-14,939,000 -16,624,000 -16,191,000 -21,482,000 -23,205,000 -22,901,000 -22,447,000 -20,872,000 -21,544,000 -18,195,000 -14,762,000 -13,624,000 -12,457,000 -7,061,000 -2,489,000 -1,238,000 -595,000 -282,000 -275,000 -361,000 -641,000 -1,650,000 -3,958,000 -7,826,000 -8,076,000 -9,852,000 -11,276,000 -10,081,000 
          amortization of debt discount and issuance costs
        		1,205,000 761,000 762,000 927,000 993,000 989,000 951,000 804,000 753,000 750,000 708,000 666,000 740,000 736,000 694,000 653,000 9,258,000 9,078,000 8,768,000 8,471,000 8,549,000 8,381,000       
          loss on sale and disposal of assets
        		2,580,000 2,617,000   -349,000   -4,336,000       -18,143,000 -13,723,000 9,896,000 -5,557,000 910,000 289,000         
          gain on lease termination
        		                            
          other
        		-4,468,000 1,740,000 -6,172,000 -332,000 5,025,000 -3,741,000 -929,000 2,114,000 -6,434,000 10,564,000 -11,880,000 3,489,000 6,719,000 16,560,000 -1,522,000 1,835,000 420,000 370,000 -350,000 2,881,000 -1,814,000 4,031,000 2,214,000 87,000 -1,676,000 -6,662,000 7,360,000 103,000 
          changes in operating assets and liabilities, net effects of acquisition
        		                            
          prepaid expenses and other assets
        		-43,809,000 -7,418,000 9,222,000 -9,027,000 -36,728,000 -51,777,000 2,386,000 9,760,000 -51,568,000 -54,332,000 20,093,000 -1,115,000 -81,297,000 -70,128,000 63,364,000 -187,884,000 -32,558,000 -161,920,000 -12,810,000 242,000 -45,216,000 13,504,000 154,938,000 -83,653,000 21,948,000 -61,689,000 -33,405,000 -46,307,000 
          operating lease right-of-use assets
        		6,977,000 8,748,000 5,756,000 5,497,000 6,305,000 6,847,000 6,069,000 7,055,000 -1,723,000 4,123,000 -1,332,000 18,978,000 56,606,000 12,598,000 13,616,000 13,497,000 13,257,000 17,484,000 15,594,000 14,966,000 13,725,000 14,027,000 13,192,000 20,257,000 38,049,000 30,600,000 20,433,000 19,518,000 
          accounts payable
        		12,231,000 2,280,000 6,373,000 800,000 -12,999,000 -5,143,000 8,035,000 31,819,000 11,909,000 -3,584,000 -45,109,000 -4,295,000 17,552,000 -8,984,000 -1,851,000 -33,932,000 2,633,000 49,170,000 6,400,000 -11,123,000 59,642,000 -19,390,000 -495,767,000 500,004,000 5,800,000 21,670,000 -23,564,000 1,161,000 
          insurance reserves
        		109,808,000 122,753,000 124,330,000 122,142,000 108,828,000 102,987,000 98,625,000 53,084,000 15,098,000 13,253,000 -44,186,000 -63,647,000 151,621,000 30,825,000 169,023,000 -2,748,000 57,475,000 -24,675,000 -22,588,000 71,352,000 64,436,000 -21,007,000 -31,497,000 -403,330,000 3,527,000 167,556,000 270,396,000 126,711,000 
          accrued and other liabilities
        		206,362,000 40,062,000 71,644,000 67,496,000 -25,846,000 114,856,000 66,561,000 8,486,000 2,348,000 -58,828,000 -3,785,000 -15,306,000 182,847,000 45,964,000 -62,695,000 96,242,000 -8,630,000 118,132,000 534,000 71,391,000 -53,038,000 105,994,000 -64,297,000 -25,338,000 48,461,000 71,819,000 117,845,000 94,238,000 
          lease liabilities
        		-7,482,000 -10,195,000 -7,813,000 -7,746,000 -10,658,000 -12,546,000 -11,380,000 -12,772,000 -83,000 -6,879,000 3,325,000 -11,655,000 -3,490,000 -11,015,000 -14,547,000 -14,707,000 -13,792,000 -5,860,000 -18,227,000 -10,453,000 -20,528,000 -15,012,000 -9,474,000 -8,220,000 -39,124,000 -36,801,000 -12,679,000 -14,342,000 
          net cash from operating activities
        		246,225,000 291,251,000 343,728,000 287,234,000 153,366,000 263,992,000 276,202,000 156,177,000 43,508,000 2,261,000 -69,973,000 -74,040,000 -33,559,000 -26,195,000 -25,188,000 -152,343,000 -26,219,000 41,530,000 -37,568,000 -79,464,000 -264,613,000 -155,638,000 -751,722,000 -206,926,000 -46,191,000 10,000,000 15,316,000 -84,827,000 
          capital expenditures
        		-18,602,000 -13,434,000 -14,286,000 -6,500,000 -13,415,000 -21,150,000 -19,799,000 -29,106,000 -28,569,000 -32,275,000 -42,176,000 -46,799,000 -32,569,000 -29,091,000 -23,000,000 -30,310,000 -22,500,000 -36,162,000 -9,829,000 -10,685,000 -22,795,000 -14,609,000 -21,759,000 -34,476,000 -49,657,000 -62,334,000 -48,267,000 -8,514,000 
          free cash flows
        		227,623,000 277,817,000 329,442,000 280,734,000 139,951,000 242,842,000 256,403,000 127,071,000 14,939,000 -30,014,000 -112,149,000 -120,839,000 -66,128,000 -55,286,000 -48,188,000 -182,653,000 -48,719,000 5,368,000 -47,397,000 -90,149,000 -287,408,000 -170,247,000 -773,481,000 -241,402,000 -95,848,000 -52,334,000 -32,951,000 -93,341,000 
          cash flows from investing activities
        		                            
          purchases of marketable securities
        		-812,228,000 -938,464,000 -565,389,000 -1,028,810,000 -1,200,755,000 -874,284,000 -978,241,000 -1,124,149,000 -934,061,000 -1,161,909,000 -594,049,000 -598,640,000 -1,378,880,000 -1,408,317,000 -600,590,000 -661,728,000 -1,276,779,000 -797,699,000 -745,515,000 -981,743,000 -744,063,000 -1,146,651,000 -1,042,620,000 -1,179,343,000 -1,612,713,000 -1,254,403,000 -2,974,589,000 -607,190,000 
          purchases of term deposits
        		    -2,194,000 0 0 -2,194,000     -3,540,000 0   -16,515,000 -165,000,000 -201,506,000 -75,000,000 -391,506,000 -355,000,000 -288,811,000 -75,000,000     
          proceeds from sales of marketable securities
        		160,990,000 358,050,000 138,191,000 71,204,000 77,729,000 63,469,000 47,739,000 43,973,000 107,043,000 51,307,000 71,001,000 223,114,000 175,722,000 143,344,000 155,542,000 202,246,000 159,602,000 271,456,000 64,852,000 17,099,000 180,764,000 28,257,000 41,431,000 406,508,000 199,549,000 246,291,000 180,964,000 466,174,000 
          proceeds from maturities of marketable securities
        		854,773,000 606,336,000 854,423,000 1,014,047,000 917,963,000 804,275,000 851,415,000 841,665,000 729,513,000 978,603,000 926,486,000 846,440,000 1,304,437,000 1,290,634,000 488,728,000 224,865,000 775,447,000 524,716,000 789,262,000 1,169,796,000 734,225,000 1,058,420,000 1,291,823,000 1,661,458,000 1,414,916,000 1,264,889,000 553,183,000 838,177,000 
          proceeds from maturities of term deposits
        		0 0 0 2,194,000 2,194,000 0 0 3,539,000 3,539,000 0 0 5,000,000 15,046,000 0 205,046,000 175,000,000 67,975,000 295,000,000           
          purchases of property and equipment and scooter fleet
        		-18,602,000 -13,434,000 -14,286,000 -6,500,000 -13,415,000 -21,150,000 -19,799,000 -29,106,000 -28,569,000 -32,275,000 -42,176,000 -46,799,000 -32,569,000 -29,091,000 -23,000,000 -30,310,000 -22,500,000 -36,162,000 -9,829,000 -10,685,000 -22,795,000 -14,609,000 -21,759,000 -34,476,000 -49,657,000 -60,146,000 -43,159,000 -25,126,000 
          sales of property and equipment
        		9,759,000 11,946,000 17,665,000 13,523,000 24,189,000 20,968,000 22,707,000 24,181,000 13,561,000 30,190,000 28,587,000 20,256,000 53,324,000 32,812,000 28,019,000 15,685,000 12,050,000 15,989,000 8,851,000 5,653,000         
          cash paid for acquisitions, net of cash acquired
        		-104,412,000        0 0   0 0   0 0 0 3,000 34,000 64,000 0 -12,440,000 -10,522,000 0 -90,000 -1,711,000 
          other investing activities
        		0                      14,000 960,000 3,124,000 3,227,000   
          net cash from investing activities
        		90,280,000 -179,804,000 430,604,000 65,658,000 -194,099,000 -6,722,000 -75,066,000 -242,091,000 -107,013,000 -134,084,000 391,479,000 449,371,000 133,540,000 29,382,000 97,365,000 -74,242,000 -305,720,000 230,988,000 180,621,000 161,123,000 185,419,000 -325,548,000 92,889,000 787,667,000 -93,114,000 199,858,000 -2,387,911,000 670,324,000 
          cash flows from financing activities
        		                            
          repayment of loans
        		-14,593,000 -14,681,000 -16,682,000 -16,492,000 -22,263,000 -20,822,000 -20,413,000 -20,572,000 -11,965,000 -12,068,000 -27,306,000 -21,145,000 -15,678,000 -25,281,000 -14,414,000 -12,266,000 -10,464,000 -13,992,000 -10,006,000 -9,984,000 -15,047,000 -17,599,000 -11,906,000 -6,087,000     
          payment for settlement of convertible senior notes due 2025
        		0 0   0 0 0 -350,000,000                     
          proceeds from issuance of convertible senior notes due 2029
        		                            
          proceeds from issuance of convertible senior notes due 2030
        		0                            
          payment of debt issuance costs
        		-979,000    0 0 0 -11,888,000             0 -450,000       
          purchase of capped calls
        		0                            
          repurchase of class a common stock
        		-99,992,000 -200,000,000   0 0 0 -50,000,000                     
          proceeds from exercise of stock options and other common stock issuances
        		7,557,000 0   7,878,000 770,000 4,479,000 1,924,000 4,296,000 824,000 5,576,000 297,000 9,257,000 49,000 12,259,000 90,000 12,460,000 970,000 17,148,000 3,244,000 11,457,000 410,000 11,828,000 2,372,000 18,148,000 12,373,000 940,000 1,601,000 
          taxes paid related to net share settlement of equity awards
        		-55,612,000 -34,204,000 -37,201,000 -24,294,000 -27,838,000 -3,592,000 -7,436,000 -1,462,000 -813,000 -381,000 -662,000 -1,165,000 -1,131,000 -2,053,000 -1,742,000 -1,807,000 -4,443,000 -6,111,000 -8,091,000 -7,652,000 -5,725,000 -3,316,000 -4,437,000 -6,762,000 -115,000 -78,825,000 -79,231,000 -784,724,000 
          principal payments on finance lease obligations
        		-10,446,000 -9,871,000 -10,030,000 -10,903,000 -11,345,000 -11,774,000 -12,150,000 -11,479,000 -7,531,000 -11,083,000 -19,122,000 -5,730,000 -13,077,000 -5,978,000 -7,697,000 -8,031,000 -6,886,000 -10,005,000 -8,762,000 -9,894,000 -12,640,000 -11,000,000 -11,875,000 -6,167,000     
          contingent consideration paid
        		        0 0                   
          other financing activities
        		-94,000 -141,000                           
          net cash from financing activities
        		-174,159,000 187,903,000 -647,583,000 -51,689,000 -53,568,000 -35,418,000 -35,520,000 -31,363,000 -16,013,000 -22,708,000 -55,614,000 -27,743,000 -20,629,000 -33,263,000 -11,594,000 -22,014,000 -9,332,000 -29,141,000 -9,711,000 -24,286,000 -23,455,000 -31,955,000 584,620,000 -16,644,000 17,961,000 -66,581,000 2,410,983,000 -788,167,000 
          effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents
        		802,000 -240,000 1,469,000 -349,000 -1,569,000 434,000 27,000 -528,000 601,000 -413,000 328,000 17,000 149,000 -659,000 -210,000 89,000 28,000 -166,000 -9,000 34,000 212,000 78,000 -244,000 -120,000 132,000 -100,000 194,000 102,000 
          net increase in cash, cash equivalents and restricted cash and cash equivalents
        		163,148,000 299,110,000 128,218,000 300,854,000 -95,870,000 222,286,000 165,643,000 -117,805,000 -78,917,000 -154,944,000 266,220,000 347,605,000 79,501,000 -30,735,000 60,373,000 -248,510,000 -341,243,000 243,211,000 133,333,000 57,407,000  -513,063,000 -74,457,000 563,977,000     
          cash, cash equivalents and restricted cash and cash equivalents
        		                            
          beginning of period
        		0 0 0 946,040,000 0 0 0 771,786,000 0 0 0 391,822,000 0 0 0 531,193,000 0 0 0 438,485,000 0 0 0 564,465,000 0 0 0 706,486,000 
          end of period
        		163,148,000 299,110,000 128,218,000 1,246,894,000 -95,870,000 222,286,000 165,643,000 653,981,000 -78,917,000 -154,944,000 266,220,000 739,427,000 79,501,000 -30,735,000 60,373,000 282,683,000 -341,243,000 243,211,000 133,333,000 495,892,000 -102,437,000 -513,063,000 -74,457,000 1,128,442,000 -121,212,000 143,177,000 38,582,000 503,918,000 
          purchase of capped call
        		    0 0 0 -47,886,000             0 0       
          gain on sale and disposal of assets
        		   -371,000      -569,000 -1,327,000 -7,575,000                 
          proceeds from issuance of convertible senior notes
        		    0 0 0 460,000,000             0 0       
          impairment of non-marketable equity security
        		                            
          net loss
        		       -31,535,000 -26,309,000 -12,100,000 -114,262,000 -187,649,000 -588,132,000 -422,201,000 -377,246,000 -196,932,000 -258,563,000 -71,539,000 -251,918,000 -427,339,000 -458,155,000 -459,517,000 -437,112,000 -398,073,000 -356,052,000 -463,477,000 -644,239,000 -1,138,473,000 
          adjustments to reconcile net loss to net cash from operating activities
        		                            
          gain on divestiture
        		                0            
          purchase of non-marketable security
        		                     0 0 -10,000,000     
          proceeds from divestiture
        		                0            
          deferred income tax from convertible senior notes
        		                            
          impairment charges
        		                            
          proceeds from issuance of common stock in initial public offering, net of underwriting commissions, offering costs and reimbursements
        		                        -72,000 -129,000   
          proceeds from maturity of term deposit
        		                   36,000,000  90,000,000 112,811,000 30,000,000     
          deferred income tax impact from convertible senior notes
        		                            
          purchases of non-marketable securities
        		                            
          purchases of other intangible assets
        		                            
          proceeds from issuance of redeemable convertible preferred stock, net of issuance costs
        		                            
          net decrease in cash, cash equivalents and restricted cash and cash equivalents
        		                         143,177,000 38,582,000 -202,568,000 
          loss on disposal of assets
        		                     14,117,000 10,729,000 3,228,000 12,209,000    
          gain on sale of assets
        		                            
          changes in operating assets and liabilities
        		                            
          sales of property and equipment and held for sale assets
        		                            
          payment of deferred offering costs
        		                           -5,044,000 
          reconciliation of cash, cash equivalents and restricted cash and cash equivalents to the consolidated balance sheets
        		                            
          cash and cash equivalents
        		                       597,889,000 -185,552,000 126,478,000 87,878,000 329,515,000 
          restricted cash and cash equivalents
        		                       529,091,000 65,536,000 16,457,000 -49,523,000 172,506,000 
          restricted cash, included in prepaid expenses and other current assets
        		                       1,462,000 -1,196,000 242,000 227,000 1,897,000 
          total cash, cash equivalents and restricted cash and cash equivalents
        		                       1,128,442,000 -121,212,000 143,177,000 38,582,000 503,918,000 
          non-cash investing and financing activities
        		                            
          purchase of term deposit
        		                         0   
          reconciliation of cash, cash equivalents and restricted cash and cash equivalents to the condensed consolidated balance sheets
        		                            
          purchases of property and equipment, and scooter fleet not yet settled
        		                         -2,188,000 -5,108,000 16,612,000 
          deferred offering costs accrued, unpaid
        		                         -129,000   
          right of use assets acquired under operating leases
        		                         97,180,000 61,062,000 38,488,000 
          conversion of redeemable convertible preferred stock to common stock in connection with initial public offering
        		                         0   
          reclassification of deferred offering costs to additional paid-in capital upon initial public offering
        		                         0   
          deferred offering costs in accounts payable and accrued liabilities
        		                           2,240,000