Earnings Releases·Nov 3, 2026, 4:06 PM ET

Neutron Holdings Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 revenue rose 20% YoY to $361 million, while net income surged 41% YoY to $44 million (12% margin) and Adjusted EBITDA reached $118 million (33% margin); trailing twelve-month revenue exceeded $1 billion for the first time.
The company delivered $90.6 million in free cash flow and strengthened its balance sheet significantly, with total assets growing to $1.26 billion and stockholders' equity turning positive to $988.3 million from a $521.4 million deficit.
Guidance for Q4 2026 sets revenue between $240–$250 million and Adjusted EBITDA between $43–$45 million; full-year 2026 revenue is projected at $1.04–$1.1 billion with Adjusted EBITDA of $253–$255 million.
Strategic focus remains on long-term growth via LimePrime subscription scaling and market expansion, with management noting these investments may temporarily impact near-term margins while prioritizing local market leadership.
Capital structure improvements include the completion of an IPO generating $155.3 million in net proceeds, $115 million in term loan repayments, and the full redemption or conversion of all convertible preferred stock.