Neutron Holdings, Inc. reported second quarter 2026 financial results on August 4, 2026. Revenue reached a record $304 million, up 24% year-over-year, while net income was $295 million, significantly boosted by one-time IPO-related items including a deferred tax asset release. Adjusted EBITDA totaled $84 million with a 28% margin, and the average operational fleet grew 22% to 407,707 vehicles. The company provided full-year 2026 revenue guidance of $1.04 billion to $1.10 billion and adjusted EBITDA guidance of $265 million to $285 million. Additionally, Neutron Holdings acquired Neuron Mobility’s Canadian operations subsequent to the quarter end. Neutron Holdings operates in the shared micromobility industry, deploying e-bikes and e-scooters for urban transportation.

Neutron Holdings, Inc. completed its initial public offering of 6,956,522 shares of common stock at $25.00 per share, generating approximately $167 million in gross proceeds. The company entered into a new $200.0 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A. to be secured by substantially all assets. Additionally, the company used IPO proceeds to fully repay $115.0 million in outstanding senior secured term loan facility obligations under the previous Diameter Credit Agreement. Neutron Holdings, Inc. is a technology company providing mobility and transportation services.