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Neutron Holdings IPO Clears Lime Debt as Earnings Jump 30%

7/23/2026

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Story summary
  • Neutron Holdings listed on the Nasdaq on 1 July, clearing most of Lime’s debt.
  • Lime earned $887 million in 2025, a 30% increase from 2023.
  • Lime’s 2025 operating expenses of $946 million, including $98 million for vehicles and $271 million for operations, produced a $59 million loss.
  • Lime’s fleet expanded to 325,000 vehicles in 2025, a 16% increase in existing cities, with plans to test tandem rides and new pricing.