Lime Announces Third Quarter 2026 Financial Results

Wayne Ting, CEO of Lime

“Q3 was a landmark quarter for Lime, as we crossed $1 billion in trailing twelve-month revenue for the first time. Our LimePrime subscription continues to scale rapidly, serving as a powerful driver of rider loyalty and engagement. As we look ahead, we are prioritizing long-term value over short-term metrics. While our targeted market investments and LimePrime’s growth may temporarily affect near-term margins, we believe they also help secure our local market leadership. We remain laser-focused on delivering durable growth, robust unit economics, and strong free cash flow as we execute on our mission to make transportation shared, affordable, and carbon-free.”

Ann Gugino, CFO of Lime

“Our momentum remains strong, positioning us to deliver another solid quarter of growth and profitability in Q4 even as we invest strategically in select markets and expand LimePrime. We are particularly encouraged by the early trends in LimePrime engagement and retention, where the average rider is now generating two times the adjusted gross profit per non-subscription rider. We plan to continue to invest in long-term growth opportunities like LimePrime and market expansion, while also maintaining unit economics discipline and remaining focused on maximizing long-term free cash flow. We are confident in our outlook and remain committed to driving durable, profitable growth and creating long-term shareholder value.”