LMND
Lemonade, Inc.
NYSE · Financial Services · Insurance - Property & Casualty · US
$53.41
−3.03%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 931.0M | 737.9M | 526.5M | 429.8M | 256.7M |
| Cost of Revenue | 485.5M | 440.7M | 353.8M | 339.6M | 228.3M |
| Gross Profit | 445.5M | 297.2M | 172.7M | 90.2M | 28.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 433.5M | 364.2M | 290.8M | 231.2M | 260.6M |
| General & Admin Expense | 168.1M | 139.8M | 124.5M | 129.3M | 122.3M |
| Selling & Marketing Expense | 265.4M | 224.4M | 166.3M | 101.9M | 138.3M |
| Other Expenses | 145.3M | 93.9M | 85.8M | 88.8M | 62.6M |
| Total Operating Expenses | 578.8M | 458.1M | 376.6M | 320.0M | 323.2M |
| Cost and Expenses | 1.1B | 898.8M | 730.4M | 659.6M | 551.5M |
| Operating Income (EBIT) | (133.3M) | (160.9M) | (203.9M) | (229.8M) | (294.8M) |
| Non-Operating | |||||
| Interest Income | 8.0M | 8.2M | 8.3M | 4.2M | 1.2M |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | 8.0M | 8.2M | 8.3M | 4.2M | 1.2M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | (133.3M) | (160.9M) | (203.9M) | (229.8M) | (294.8M) |
| Income Tax Expense | 5.1M | 4.6M | (1.7M) | 7.1M | 3.0M |
| Bottom Line | |||||
| Net Income | (138.4M) | (165.5M) | (202.2M) | (236.9M) | (297.8M) |
| Earnings from Cont. Ops | (138.4M) | (165.5M) | (202.2M) | (236.9M) | (297.8M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (138.4M) | (165.5M) | (202.2M) | (236.9M) | (297.8M) |
| Per Share | |||||
| Basic EPS | ($1.87) | ($2.30) | ($2.85) | ($3.40) | ($4.59) |
| Diluted EPS | ($1.87) | ($2.30) | ($2.85) | ($3.40) | ($4.59) |
| Revenue Per Share | $12.09 | $10.27 | $7.41 | $6.17 | $3.95 |
| Shares | |||||
| Basic Shares Outstanding | 77.0M | 71.8M | 71.0M | 69.7M | 64.9M |
| Diluted Shares Outstanding | 77.0M | 71.8M | 71.0M | 69.7M | 64.9M |
| Profitability Metrics | |||||
| EBITDA | (122.2M) | (145.7M) | (183.9M) | (209.8M) | (282.6M) |
| D&A | 11.1M | 15.2M | 20.0M | 20.0M | 12.2M |
| EBIT | (133.3M) | (160.9M) | (203.9M) | (229.8M) | (294.8M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026