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The latest data point for LYFT's EV/Sales ratio in Q1'26 stands at 2.19, reflecting a continued downward trajectory from the previous quarter's 3.09 and marking the lowest value in the observed period. Over the timeframe from Q2'23 to Q1'26, the EV/Sales ratio has exhibited significant volatility, starting at 3.93 and peaking at 5.80 in Q1'24 before declining sharply to 2.81 in Q2'24, with subsequent fluctuations between 3.09 and 4.86 through Q3'25. This pattern suggests periods of market optimism followed by corrections, potentially driven by revenue growth outpacing enterprise value or sector-specific pressures, resulting in an overall downward trend from the 2024 highs to the current subdued levels.