U.S. Movers: Figma, Lyft, Snap

Scott Peters
06 Nov, 2025
New York City

Lyft Inc. increased 2.2% to $20.63, and the ride-hailing company reported better-than-expected third-quarter results. 

Revenue increased 11% to $1.7 billion from $1.5 billion, net income advanced to a profit of $46.1 million from a loss of $12.4 million, and diluted earnings per share were 11 cents compared to a loss of 3 cents.

Gross bookings advanced 16% to $4.8 billion, active riders increased to 28.7 million from 24.4 million, and rides advanced to 248.8 million from 216.7 million a year ago, respectively.  

In the quarter, net cash provided by operating activities was $291.3 million compared to $264 million a year ago. 

For the fourth quarter, the company estimated gross bookings to rise to between $5.0 billion and $5.13 billion, an increase of between 17% and 20% from a year ago. 

The company projected adjusted earnings per share to be between $135 million and $155 million, and adjusted EBITDA margin to range between 2.7% and 3.0%. 

Figma Inc. jumped 7.8% to $47.46 after the software tool developer reported better-than-expected third-quarter results. 

Revenue increased 38% to $274.1 million from $198.6 million, net loss soared to $1.1 billion from $15.6 million, and diluted loss per share expanded to $2.72 from 7 cents a year ago. 

The company guided fourth-quarter revenue between $292 million and $294 million, implying a 35% growth rate at the midpoint of the range. 

 Snap Inc. soared 19% to $8.67, and the social media platform operator issued a strong fourth-quarter outlook. 

Revenue increased 10% to $1.5 billion from $1.37 million, net loss decreased 32% to $103.5 million compared to $153.2 million, and diluted loss per share shrank 33% to 6 cents from 9 cents a year ago. 

In the quarter, daily active users increased 8% to 477 million, and monthly active users rose 7% to 943 million from a year ago, respectively. 

The company's board authorized a stock repurchase program of up to $500 million, using $3 billion of the company's cash, cash equivalents, and marketable securities.