Neutron Holdings, Inc. (LIME) SEC Filings & Earnings Calls
EquiReason read 2 Neutron Holdings, Inc. SEC filings in the last 12 months. Latest: 10-Q on 2026-08-11 — Lime reported strong Q2 2026 results with revenue up 24% YoY, net income of $295.4M (including a $289.1M tax benefit), and completed its IPO, converting all debt to equity and alle.
Source: SEC EDGAR filings · read by EquiReason
- Market cap
- 1.7B
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 3 Nov, in 10 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
11 Aug 202610-QLime reported strong Q2 2026 results with revenue up 24% YoY, net income of $295.4M (including a $289.1M tax benefit), and completed its IPO, converting all debt to equity and alleviating going concern.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $304M | +24% y/y |
| Gross profit · Q2-2026 | $129M | +18% y/y |
| Net income (loss) · Q2-2026 | $295M | +1341% y/y |
| Average Operational Fleet · Q2-2026 | 407,707 | +22% y/y |
| RVD · Q2-2026 | $8.20 | +1% y/y |
| MAU · Q2-2026 | 5,024,000 | +22% y/y |
| Adjusted Gross Profit · Q2-2026 | $158M | +16% y/y |
| Adjusted EBITDA · Q2-2026 | $84M | +11% y/y |
| Free Cash Flow · H1-2026 | $-83M | +319% y/y |
| Cash and cash equivalents · 2026-06-30 | $278M |
Risks flagged
Unit Economics Pressure from Subscription Product and Market Expansion
“Adjusted Gross Margin for the three months ended June 30, 2026 was 52.1%, which decreased slightly from 55.7% for the three months ended June 30, 2025. Unit economics, as measured by Adjusted Gross Margin, decreased by 360 basis points as we scale our new LimePrime subscription product and make targeted investments in newer megacity markets.”
Negative Free Cash Flow Due to Fleet Investment
“We experienced negative Free Cash Flow of $(83.3) million and $(19.9) million for the six months ended June 30, 2026 and 2025, respectively, resulting in a decrease of $63.4 million. This decrease is largely as a result of higher capital expenditures during the six months ended June 30, 2026 to accomplish planned fleet growth and timing related working capit”
Concentration Risk in Key Markets
“A significant portion of rides taken on Lime are concentrated in a relatively small number of markets in which we operate. For example, we derived approximately 22% and 23% of our revenue for the six months ended June 30, 2026 and 2025, respectively, and 22%, 21%, and 15% of our revenue for the years ended December 31, 2025, 2024, and 2023, respectively, fro”
Dependence on Uber Partnership
“For the six months ended June 30, 2026 and 2025 and for the years ended December 31, 2025, 2024, and 2023, approximately 13%, 15%, 14%, 16%, and 14%, respectively, of our revenue was attributable to the Pay-As-You-Go revenue generated through our partnership with Uber.” · word for word
Material Weakness in Internal Controls
“Our principal executive officer and principal financial officer concluded that, as of June 30, 2026, our disclosure controls and procedures were not effective at a reasonable assurance level, due to the material weakness in internal control over financial reporting described below.” · word for word
4 Aug 20268-K · 2.02Lime Q2 2026 revenue $304M (+24% YoY), net income $295M (IPO-related), Adj. EBITDA $84M (28% margin); guides Q3 rev $340-360M, FY rev $1.04-1.10B; capex ~$180-185M.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $304M | +24% y/y |
| Net income · Q2-2026 | $295M | |
| Adjusted EBITDA · Q2-2026 | $84M | |
| Average Operational Fleet · Q2-2026 | 407,707 | +22% y/y |
Guidance
Q3 2026 revenue $340-360M, Adj. EBITDA $120-130M; FY 2026 revenue $1.04-1.10B, Adj. EBITDA $265-285M, capex ~$180-185M
Strong guidance with revenue and EBITDA growth; capex indicates fleet investment.
Risks flagged
Net income inflated by one-time IPO items; core profitability may be lower.
“Net Income of $295 million was positively impacted by one-time, IPO-related items.” · word for word
Neutron Holdings, Inc. — questions
- What did Neutron Holdings, Inc. file recently?
- 2 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-11 — Lime reported strong Q2 2026 results with revenue up 24% YoY, net income of $295.4M (including a $289.1M tax benefit), and completed its IPO, converting all debt to equity and alleviating going concern.
Every figure on this page comes from Neutron Holdings, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.