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Lemonade, Inc.

LMND

Financial ServicesInsurance - Property & Casualty

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. It also offers insurance for stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.

Headquarters

New York, NY, United States

Founded

Website

Visit Website

Last Updated

4/24/2026

LMND · QUARTERLY FINANCIALS

Key Financial Metrics

As of Q4 2025 · YoY change where prior-year period is available · USD millions for revenue, net income, market cap, assets, and liabilities · EPS in USD · shares outstanding and P/E as reported

Revenue

$228.1M

+53.3% YoY

Net Income

$-21700000.0

+27.7% YoY

Market Cap

$5.3B

0.0% YoY

Total Assets

$1.9B

+4.1% YoY

Total Liabilities

$1.4B

+10.9% YoY

Shares Outstanding

75,907,215

+4.4% YoY

Earnings Per Share

$0.0

P/E Ratio

0.0

LMND · QUARTERLY FINANCIALS

Revenue & Earnings

Quarterly · Q3 2024 – Q4 2025 · Values in USD millions

  • Net Income
  • Revenue
  • Expenses

LMND · QUARTERLY FINANCIALS

Market Cap & Total Assets

Quarterly · Q3 2024 – Q4 2025 · Values in USD millions

  • Market Cap
  • Total Assets

LMND · QUARTERLY FINANCIALS

Profitability

Quarterly · Q3 2024 – Q4 2025 · EPS in USD · P/E ratio (dimensionless)

  • EPS
  • P/E ratio

LMND · QUARTERLY FINANCIALS

Financial History

Quarterly · Q3 2024 – Q4 2025 · Values in USD millions · Changes · YoY

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue
$0.00
$148.80M
$151.20M
$164.10M
$194.50M
$228.10M+53.3%
Total expenses
-
$186.60M
$212.60M
$206.70M
$230.80M
$248.70M+33.3%
Net income
$0.00
$-30000000.00
$-62400000.00
$-43900000.00
$-37500000.00
$-21700000.00+27.7%
Total assets
$0.00
$1.85B
$1.86B
$1.93B
$1.92B
$1.93B+4.1%
Total liabilities
$0.00
$1.26B
$1.31B
$1.41B
$1.40B
$1.39B+10.9%
Market cap
$5.26B
$5.26B
$5.26B
$5.26B
$5.26B0.0%
$5.26B0.0%
Shares outstanding
71,138,070
72,720,866
73,212,871
73,819,710
74,665,921+5.0%
75,907,215+4.4%
EPS
$-0.95
-
$-0.86
$-0.60
$-0.51+46.3%
$0.00
P/E ratio
0.00
0.00
0.00
0.00
0.00
0.00