Lime Reports Q3 2026 Results with Record Revenue
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DocumentLime Announces Third Quarter 2026 Financial Results
San Francisco, California, USA - Neutron Holdings, Inc., operating as Lime (Nasdaq: LIME), the largest global shared micromobility business, announced its financial results for the third quarter ended September 30, 2026, reporting record revenue and a milestone in trailing twelve-month revenue.
During the third quarter, Lime generated revenue of $361 million, marking a 20% increase year-over-year. The company reported a net income of $44 million, representing a 41% increase compared to the same period last year and a 12% margin. Adjusted EBITDA reached $118 million with a 33% margin. Furthermore, the company crossed $1 billion in trailing twelve-month revenue for the first time in its history.
Financial Highlights
- Revenue increased to $361 million, up 20% year-over-year.
- Net Income reached $44 million, representing a 41% increase year-over-year.
- Adjusted EBITDA stood at $118 million with a 33% margin.
- Average Operational Fleet grew to 447,184 vehicles, an increase of 26% year-over-year.
Looking ahead to the fourth quarter of 2026, Lime expects revenue to range between $240 million and $250 million, and Adjusted EBITDA to be between $43 million and $45 million. For the full year 2026, the company forecasts revenue between $1.04 billion and $1.1 billion, and Adjusted EBITDA between $253 million and $255 million.
