Methods for cracking a hydrocarbon feed stream include contacting a hydrocarbon feed stream with a catalyst system in a catalytic cracking unit having a flowing gas stream to obtain a cracking product containing light olefins. The catalyst system includes at least a base catalyst. The base catalyst includes a pentasil zeolite. The pentasil zeolite includes from 0.01% to 5% by mass lithium atoms, as calculated on an oxide basis, based on the total mass of the pentasil zeolite. The flowing gas stream comprises hydrogen and, optionally, at least one additional carrier gas.