Lime Reports Q3 Revenue of $361 Million, Issues Q4 Guidance
Revenue rose 20% year over year to $361 million and net income increased 41% to $44 million. Adjusted EBITDA was $118 million, a 33% margin. Lime projected Q4 revenue of $240 million to $250 million and adjusted EBITDA of $43 million to $45 million.
Neutron Holdings, Inc. (Lime) announced its financial results for the quarter ended September 30, 2026, highlighting a landmark period where the company crossed $1 billion in trailing twelve-month revenue. Quarterly revenue reached $361 million, representing a 20% increase compared to the same period last year. The company also reported net income of $44 million, a 41% year-over-year increase, and an adjusted EBITDA of $118 million, reflecting a 33% margin.
CEO Wayne Ting attributed the growth to the rapid scaling of the LimePrime subscription service. Looking ahead, the company provided guidance for the fourth quarter, projecting revenue between $240 million and $250 million and adjusted EBITDA between $43 million and $45 million.