1. MARKETS
  2. SECTOR : BANKING & FINANCE
  3. INDUSTRY : PROPERTY/CASUALTY INSURANCE
  4. LEMONADE INC
Lemonade Inc
XNYS: LMND
879.2K
XNYS Volume

XNYS 05 Oct, 2026 5:30 PM (EDT)

Portfolio

Alert

My Notes

Lemonade Inc quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Forecaster Analyst Estimates for Lemonade Inc share price target, revenues, EPS, net income and more

Lemonade Inc quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Lemonade Inc Jun-2026 Quarterly Revenue is $294 Million which is growth of 79.4% YoY.

  • POSITIVE

    Quarterly Net Profit Lemonade Inc Jun-2026 Quarterly Net Profit is $-43 Million which is growth of 1.1% YoY.

Lemonade Inc, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
294.4258228.1194.5164.1151.2148.8136.6122119.1115.5114.5104.6
Cost Of Rev.
-------------
Gross Profit
-------------
⌄
----------53.561.355.5
Operating Profit
----------
-------------
Profit Before Tax
-41.8-34.6-20.6-36.3-42.6-61.4-37.8-65.8-55.1-45.2-39.6-59.6-65.9
Tax
1.61.21.11.21.31-7.81.92.12.12.81.91.3
⌄
-43.4-35.8-21.7-37.5-43.9-62.4-30-67.7-57.2-47.3-42.4-61.5-67.2
Diluted NI Avail to Com Stockholders Ann.
-43.4-35.8-21.7-37.5-43.9-62.4-30-67.7-57.2-47.3-42.4-61.5-67.2
Basic EPS
-0.6-0.5-0.3-0.5-0.6-0.9-0.4-1-0.8-0.7-0.6-0.9-1
Diluted EPS After ExtraOrdinary
-0.6-0.5-0.3-0.5-0.6-0.9-0.4-1-0.8-0.7-0.6-0.9-1
Number Of Shares End
7776.375.274.273.472.971.971.170.770.37069.869.5
Net Income Continuing Discontinued Operations
-43.4-35.8-21.7-37.5-43.9-62.4-30-67.7-57.2-47.3-42.4-61.5-67.2
Normalized Income
-43.4-35.8-21.7-37.5-43.9-62.4-30-67.7-57.2-47.3-42.4-61.5-67.2
Interest Income
1.92.11.92.12.12.22.522.21.51.20.81
Interest
-------------
Net Interest Income
-------------
EBIT
-------------
EBITDA
-------------
Reconciled Cost Of Rev.
-------------
Reconciled Depr.
2.42.72.63.44.74.54.75.15.254.855.1
Profit From Continuing Operations
-43.4-35.8-21.7-37.5-43.9-62.4-30-67.7-57.2-47.3-42.4-61.5-67.2
Normalized EBITDA
-------------
*All financials are in USD Million and price data in USD

Lemonade Inc competitor comparison and performance snapshot within industry

Lemonade Inc annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue Lemonade Inc Dec-2025 Annual Revenue is $738 Million which is growth of 40.2% YoY.

  • POSITIVE

    Annual Net Profit Lemonade Inc Dec-2025 Annual Net Profit is $-166 Million which is growth of 18.2% YoY.

Lemonade Inc, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
42.2%
50.9%
 737.9526.5429.8256.7128.494.467.322.5
Cost Of Rev. Ann.
-
-
 --------
Gross Profit Ann.
-
-
 --------
Operating Exp. Ann.
-
-
 --659.6551.5362215.2175.275.1
Operating Profit Ann.
-
-
 ---229.8-294.8-233.6-120.8-107.9-52.6
-
-
 --------
Other Exp. Ann.
-
-
 --------
PBT Ann.
-
-
-133.3-160.9-203.9-229.8-294.8-233.6-120.8-107.9-52.6
Tax Ann.
15.3%
25.1%
5.14.6-1.77.137.71.50.60.3
⌄
-
-
-138.4-165.5-202.2-236.9-297.8-241.3-122.3-108.5-52.9
Diluted NI Avail to Com Stockholders Ann.
-
-
-138.4-165.5-202.2-236.9-297.8-241.3-122.3-108.5-52.9
EPS Ann.
-
-
 -2.2-2.9-3.4-4.6-3.9-3.6-2.8-1.2
Diluted EPS Ann.
-
-
 -2.2-2.9-3.4-4.6-3.9-3.6-2.8-1.2
Number Of Shares End
2.8%
5.8%
 75.271.97069.261.656.843.6-
Total Exp. Ann.
17.7%
33.1%
 898.8730.4659.6551.5362215.2175.275.1
Net Income Continuing Discontinued Operations Ann.
-
-
-138.4-165.5-202.2-236.9-297.8-241.3-122.3-108.5-52.9
Normalized Income Ann.
-
-
-138.4-165.5-202.2-236.9-297.8-241.3-122.3-108.5-52.9
Interest Income Ann.
89.8%
52.3%
88.28.34.21.20.41-1
Interest Ann.
-
-
 --------
EBITDA Ann.
-
-
 --------
Reconciled Cost Of Rev. Ann.
-
-
 --------
Reconciled Depr. Ann.
7.6%
55%
11.115.2202012.23.71.70.60.1
Profit From Continuing Operations Ann.
-
-
-138.4-165.5-202.2-236.9-297.8-241.3-122.3-108.5-52.9
Normalized EBITDA Ann.
-
-
 --------
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
40.2%
2Y CAGR
31%
3Y CAGR
42.2%
5Y CAGR
50.9%
7Y CAGR
64.6%
Total Revenue Annual growth is lower than historical averages.

Lemonade Inc balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • NEGATIVE

    Total Shareholders Fund Lemonade Inc Dec-2025 Total Shareholders Fund is $534 Million which is growth of -10.1% YoY.

  • POSITIVE

    Total Assets Lemonade Inc Dec-2025 Total Assets is $1,926 Million which is growth of 4.1% YoY.

Lemonade Inc, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
4.4%
18.4%
1,925.71,849.11,633.31,690.71,510.5828.7414.3153.8
⌄
19.1%
37.1%
1,392.11,255.7924.4823.9522.3287.7596.8232.9
⌄
-14.9%
-0.3%
533.6593.4708.9866.8988.2541-182.5-79.1
Total Capitalization Ann.
-7.2%
5%
691.7676.8723.8866.8988.2541-182.5-79.1
Tangible Assets Ann.
-14.7%
-1.3%
506.5560.8667815.3987.6540.4-183.1-79.1
Working Capital Ann.
-
-
--
Invested Capital Ann.
-7.2%
5%
691.7676.8723.8866.8988.2541-182.5-79.1
Tangible Book Value Ann.
-14.7%
-1.3%
506.5560.8667815.3987.6540.4-183.1-79.1
Borrowings Ann.
73%
-
182.1107.243.135.222.3---
Net Debt Ann.
-
-
--------
Share Issued Ann.
3.1%
6%
75.972.770.269.361.756.854.954.9
Number Of Shares End
2.8%
5.8%
75.271.97069.261.656.843.6-
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
4.1%
2Y CAGR
8.6%
3Y CAGR
4.4%
5Y CAGR
18.4%
7Y CAGR
43.5%
Total Assets Annual growth is lower than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
-10.1%
2Y CAGR
-13.2%
3Y CAGR
-14.9%
5Y CAGR
-0.3%
Total ShareHolders Funds Annual is falling faster than historical averages.

Lemonade Inc ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • NEGATIVE

    Book Value Per Share Lemonade Inc Book Value Per Share is $7 which is growth of -4.7% YoY.

  • NEUTRAL

    ROE Lemonade Inc ROE is 0% which is growth of 0% YoY.

Lemonade Inc, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
RoA Ann. %
-
-
--11.61%-14.25%-18.61%-20.63%-19.68%-38.20%-34.40%
ROE Ann. %
-
-
--31.05%-30.07%-32.11%-31.56%-68.23%--
ROIC %
-
-
--------
OPM Ann. %
-
-
---53.47%-114.84%-181.93%-127.97%-160.33%-233.78%
Inventory Turnover Ratio Ann.
-
-
--------
Asset Turnover Ann. %
-
-
-0.30.30.20.10.20.20.2
Working Capital Turnover Ann.
-
-
--------
Quick Ratio Ann.
-
-
--------
Current Ratio Ann.
-
-
--------
Interest Coverage Ratio Ann.
-
-
--------
LT Debt To Equity Ann.
-
-
-0.20.100---
*All financials are in USD Million and price data in USD

Lemonade Inc cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Lemonade Inc Dec-2025 Cash From Operating Activity is $-16 Million which is growth of -44.7% YoY.

  • NEGATIVE

    Net Cash Flow Lemonade Inc Dec-2025 Net Cash Flow is $1 Million which is growth of -99.1% YoY.

Lemonade Inc, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
-
-
-16.5-11.4-119.1-163-144.6-91.7-78.1-40.8
-
-
-89.140.688.7181.1-804.850.1-546.4
209.4%
-20.8%
106.687.715.43.6649.6341.1300.1119.9
Cash Plus Cash Eqv. End Of Year Ann.
11.5%
-7%
396.8385.7271.5286.5270.6571.4270.3102.4
Net Increase In Cash Plus Cash Eqv.s Ann.
-64.1%
-68%
1116.9-1521.7-299.8299.516885.5
Cash Plus Cash Eqv. Begin Of Year Ann.
12.5%
7.4%
385.7271.5286.5270.6571.4270.3102.416.9
Income Tax Paid Supplemental Data Ann.
-9.7%
9.3%
2.52.50.73.43.21.60.50.2
Interest Paid Supplemental Data Ann.
-
-
16.350.3-----
Capex Ann.
-
-
-9.4-9.4-9.2-10.1-9.4-4.4-3.3-0.7
Issuance Of Capital Stock Ann.
-
-
--640.3339.3299.4119.8
Issuance Of Debt Ann.
-
-
13396.119.1-----
Repayment Of Debt Ann.
-
-
-58.3-27.7-4.2-----
Repurchase Of Capital Stock Ann.
-
-
--------
Free Cash Flow Ann.
-
-
-25.9-20.8-128.3-173.1-154-96.1-81.4-41.5
*All financials are in USD Million and price data in USD
Cash from Financing Act. Ann.
1Y CHG
21.6%
2Y CAGR
163.1%
3Y CAGR
209.4%
5Y CAGR
-20.8%
7Y CAGR
-1.7%
Cash from Financing Annual Activity growth is stable compared to historical averages.