Lyft hit record Q2 bookings of $5.5bn and 30.5m riders, but profit missed and it guided to slower growth as it buys its way into global markets.

Uber Q2 2026 gross bookings hit $58.02 billion, up 24% YoY, beating estimates. But softer Q3 guidance sent shares lower in premarket trading.

The ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain growth.