Lime 3Q 2026: Revenue $360.63M, EPS $0.63 — 10-Q Summary
Lime reported 3Q 2026 revenue of $360.63M, up 20% YoY, and net income of $0.63 per share, up 41%. Growth was driven by a 26% increase in operational fleet and 16% rise in monthly active users, offset by a 5% decline in revenue per vehicle per day. Adjusted EBITDA increased 11% to $118.4M, while adjusted gross margin fell to 54.1% from 57.6%.
How this was made
The 30-second read
Why it matters
The earnings beat and fleet expansion signal operational momentum, but margin compression from LimePrime and lower European utilization temper enthusiasm.
Market read
Lime's earnings could move its stock and influence sentiment toward the broader micromobility sector.
What to watch
Decline in revenue per vehicle per day and lower utilization in Europe could pressure margins.
Background
Neutron Holdings (Lime) filed its Form 10‑Q for Q3 2026, providing the first public disclosure of its quarterly performance.
Ticker impact
10-Q reports Q3 2026 revenue $360.63M and EPS $0.63, with 20% revenue growth and 41% net income increase.
likely modest upside as the market prices in the revenue and earnings beat.
First‑report quarterly numbers show double‑digit growth; investors typically reward such beats, especially for a growth‑stage mobility firm.
Market effects
Positive for the micromobility sector, suggesting higher demand and potential for peers.
U.S. urban mobility investors may see renewed interest.
Limited to niche transportation and ESG‑focused funds.
Counterpoint
Growth may be unsustainable if expansion into megacities faces regulatory or utilization headwinds.
Key entities
- companyNeutron Holdings, Inc.
Parent company of Lime, a micromobility provider.
