◆ TICKERBASEOpen interactive view →
◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

HomeAll stocksL › LMND

Lemonade Inc (LMND) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · DATA UPDATED 2026-08-23

Lemonade Inc (LMND) operates in the INSURANCE - PROPERTY & CASUALTY industry and is headquartered in New York, United States with about 1,282 employees. Its market capitalization is roughly $4 billion. In the fiscal year ended 2025-12-31, LMND reported $738M in revenue and ($166M) in net income.

Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company provides renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products.

Interactive charts & full statements → Open the LMND valuation workbench →

LMND Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Revenue$931M$738M$526M$430M$257M$128M$94M$67M$22M$2M
Gross Profit$446M$297M$173M$90M$28M$23M$20M$12M$3M$2M
Gross Margin %47.9%40.3%32.8%21.0%11.1%17.8%21.6%17.7%13.8%100.0%
Operating Income (EBIT)($133M)($161M)($204M)($230M)($295M)($234M)($121M)($108M)($53M)($26M)
Operating Margin %-14.3%-21.8%-38.7%-53.5%-114.8%-181.9%-128.0%-160.3%-233.8%-1095.8%
Net Income($138M)($166M)($202M)($237M)($298M)($241M)($122M)($108M)($53M)($28M)
Net Margin %-14.9%-22.4%-38.4%-55.1%-116.0%-187.9%-129.6%-161.2%-235.1%-1170.8%
EBITDA($122M)($146M)($184M)($210M)($283M)($230M)($119M)($107M)($52M)$2M
Earnings Per Share (EPS)$-1.84$-2.30$-2.85$-3.40$-4.59$-3.94$-2.21$-2.49$-1.21$-2.58
Shares Outstanding (M)77M72M71M70M65M61M55M44M44M11M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LMND Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$274M$234M$228M$194M$164M$151M$149M$137M
Gross Profit$120M$101M$144M$81M$65M$40M$96M$39M
Gross Margin %43.8%43.1%62.9%41.5%39.7%26.3%64.3%28.5%
Operating Income (EBIT)($42M)($35M)($21M)($36M)($43M)($61M)($38M)($66M)
Operating Margin %-15.3%-14.8%-9.0%-18.7%-26.0%-40.6%-25.4%-48.2%
Net Income($43M)($36M)($22M)($38M)($44M)($62M)($30M)($68M)
Net Margin %-15.8%-15.3%-9.5%-19.3%-26.8%-41.3%-20.2%-49.6%
EBITDA($39M)($32M)($18M)($33M)($38M)($57M)($33M)($61M)
Earnings Per Share (EPS)$-0.56$-0.47$-0.30$-0.51$-0.60$-0.86$-0.42$-0.95
Shares Outstanding (M)77M76M72M74M73M73M71M71M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LMND Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Cash from Operations (CFO)$21M($16M)($11M)($119M)($163M)($145M)($92M)($78M)($41M)($19M)
Capital Expenditures (CapEx)$13M$9M$9M$9M$10M$9M$4M$3M$1M$0M
Free Cash Flow (FCF)$8M($26M)($21M)($128M)($173M)($154M)($96M)($81M)($42M)($19M)
FCF Margin %0.9%-3.5%-4.0%-29.8%-67.4%-119.9%-101.8%-121.0%-184.4%-808.3%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LMND Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($3M)($1M)$21M$4M$6M($47M)$14M$16M
Capital Expenditures (CapEx)$5M$3M$3M$2M$2M$2M$3M$2M
Free Cash Flow (FCF)($8M)($4M)$18M$3M$3M($50M)$11M$14M
FCF Margin %-2.9%-1.8%7.7%1.3%2.1%-32.7%7.1%10.3%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LMND Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Assets$2.0B$1.9B$1.8B$1.3B$1.7B$1.5B$829M$414M$154M$40M
Cash & Cash Equivalents$368M$385M$376M$272M$282M$271M$571M$270M$102M$17M
Total Liabilities$1.5B$1.4B$1.3B$590M$824M$522M$288M$597M$233M$8M
Total Debt (Short + Long-Term)$413M$323M$176M$40M$145M$103M$62M$0M$0M$0M
Total Shareholders' Equity$500M$534M$593M$709M$867M$988M$541M($182M)($79M)$32M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive LMND viewer.

Other Companies in INSURANCE - PROPERTY & CASUALTY

← LMFAAll “L” companiesLMNR →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.