Ryde revenue rises 17% in H1 2026 on mobility growth
RYDE•Ryde said H1 2026 revenue rose 17% to S$6.735 million, while its net loss widened to S$13.421 million. Investing cash outflow was S$20.748 million, including a S$18.574 million refundable deposit tied to an April call option agreement.
1. Revenue and cash flows
Ryde’s H1 2026 revenue increased 17% to S$6.735 million, driven by higher mobility gross transaction value. Mobility revenue rose 8% to S$4.483 million on growth in driver-partner supply and ride-hailing demand; the net loss widened to S$13.421 million, largely reflecting S$11.392 million in share-based compensation. Operating cash outflow increased to S$2.752 million, while investing cash outflow jumped to S$20.748 million, mainly due to a S$18.574 million refundable deposit tied to an April call option agreement.
