Lime Q2 revenue rises 24% to $304 million; net income $295 million on tax benefit
Neutron Holdings (Lime) reported second-quarter 2026 revenue of $304 million, up 24% year over year, and issued third-quarter and full-year 2026 revenue and adjusted EBITDA guidance. Net income of $295 million was driven by one-time IPO-related items and a $298 million income tax benefit, while operating profit fell to $12.8 million from $41.5 million a year earlier.
Key points
- Q2 revenue $304 million, up 24% year over year; Average Operational Fleet 407,707 vehicles, up 22%
- Net income $295 million, which the company says was boosted by one-time IPO-related items; operating profit $12.8 million vs. $41.5 million in Q2 2025
- Q2 adjusted EBITDA $84 million (28% margin); free cash flow was negative $4.1 million
- Guidance: Q3 revenue $340 million to $360 million; full-year 2026 revenue $1.04 billion to $1.10 billion and adjusted EBITDA $265 million to $285 million
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.