Lime Announces Third Quarter 2026 Financial Results
Lime (Nasdaq: LIME) posted record Q3 2026 revenue of $361 million, up 20% year-over-year, with net income of $44 million up 41% and Adjusted EBITDA of $118 million (33% margin). Trailing twelve-month revenue crossed $1 billion for the first time in company history, and the average operational fleet grew 26% to 447,184 vehicles. Margins compressed year-over-year (gross margin 44.6% vs 47.3%; Adjusted EBITDA margin 32.8% vs 35.4%), and management said LimePrime growth and targeted market investments may temporarily pressure near-term margins.
Key figures
- Eps
- 0.63
- Revenue
- $361 million
- Guidance
- Q4 2026 revenue $240M-$250M, Adjusted EBITDA $43M-$45M; FY2026 revenue $1.04B-$1.1B, Adjusted EBITDA $253M-$255M, capex ~$172M-$177M
- Revenue Yoy
- 20%
- Fleet yoy
- 26%
- Net income
- 43709000
- Ttm revenue
- $1 billion+ (first time)
- Net income yoy
- 41%
- Adjusted ebitda
- 118437000
- Free cash flow q3
- 90582000
- Net income margin
- 12%
- Cash and equivalents
- 417746000
- Adjusted ebitda margin
- 32.8%
- Average operational fleet
- 447184
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