LIME

EX-99.1

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EX-99.1

Exhibit 99.1

Lime Announces Second Quarter 2026 Financial Results

Record Second Quarter Revenue of $304 Million, Up 24% YoY

Average Operational Fleet Grew 22% YoY to 407,707

Provides Strong Third Quarter and Full Year 2026 Guidance

SAN FRANCISCO, August 4, 2026 (GLOBE NEWSWIRE) -- Neutron Holdings, Inc. (“Lime”) (Nasdaq: LIME), the largest global shared micromobility business, today announced financial results for the quarter ended June 30, 2026.

“We are pleased to report record revenue and strong bottom line performance for our first quarter as a public company. The results were fueled by our competitive advantages made possible by our vertically integrated platform, continued investments in both existing and new markets and our initiatives to drive rider engagement,” said Wayne Ting, CEO. “Transportation is undergoing significant transformation, including the growth and adoption of micromobility, and Lime is the largest global shared micromobility business. We believe we’re still in the early stages of capturing this significant opportunity, and the Lime team continues to execute on our mission to build a future where transportation is shared, affordable and carbon-free.”

Second Quarter 2026 Financial and Operational Highlights

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Revenue increased to $304 million, up 24% year-over-year.

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Net Income of $295 million was positively impacted by one-time, IPO-related items.

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Adjusted EBITDA of $84 million, representing a 28% margin.

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Average Operational Fleet grew to 407,707 vehicles, an increase of 22% year-over-year.

Other Recent Developments Following the Quarter

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Proceeds from the recent IPO strengthened Lime’s balance sheet through the paydown of all outstanding long-term debt.

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Acquired Neuron Mobility’s Canadian operations subsequent to quarter end, expanding Lime’s operations in key cities and regions throughout Canada.

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2026 Outlook

“We expect to deliver another solid quarter of growth and profitability in Q3, and for the full year,” said Ann Gugino, CFO. “We are particularly pleased with the positive unit economics we are seeing in different sized markets globally. Strong execution, robust demand trends and momentum across the business provide confidence in our full year outlook and reinforce our commitment to driving durable, profitable growth and creating long-term shareholder value.”

The Company provided the following guidance for the balance of 2026:

Third Quarter 2026

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Revenue in the range of $340 million to $360 million.

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Adjusted EBITDA in the range of $120 million to $130 million.

Full Year 2026

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Revenue in the range of $1.04 billion to $1.10 billion.

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Adjusted EBITDA in the range of $265 million to $285 million.

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Capital expenditures of approximately $180 million to $185 million.

We have not provided the GAAP net income (loss) outlook or a reconciliation of Adjusted EBITDA outlook to GAAP net income (loss) as a result of the uncertainty regarding, and the potential variability of, reconciling items such as stock-based compensation, acquisition related expense, and unrealized foreign exchange gains or losses. Accordingly, a reconciliation of Adjusted EBITDA outlook to GAAP net income (loss) outlook is not available without unreasonable effort. However, it is important to note that the reconciling items could have a significant effect on future GAAP results. We have provided historical reconciliations of GAAP to non-GAAP financial measures in tables at the end of this release. For more information regarding the non-GAAP financial measures discussed in this earnings release, please see “Non-GAAP Financial Measures” below.

Webcast and conference call information

Lime will host a conference call to discuss the results, followed by Q&A, at 5:00 pm Eastern Time today, August 4, 2026. A live audio webcast and earnings release materials can be accessed on Lime’s Investor Relations page at https://investors.li.me/. The archived webcast will be available on our Investor Relations page shortly after the call.

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About Lime

Lime’s mission is to build a future where transportation is shared, affordable and carbon-free. As the largest global shared micromobility business, Lime partners with cities to deploy e-bikes and e-scooters to serve shorter distance trips with sustainable transport options. Lime has powered more than one billion rides across five continents, spurring a new generation of clean alternatives to car ownership.

Contacts

Investor Relations

Investors@li.me

Media Relations

Press@li.me

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statem