Lemonade Inc. (LMND) Financials
Income statement, balance sheet, and financial data
Annual Financials
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 526.5M | 429.8M | 256.7M | 128.4M | 94.4M |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Operating Income | — | — | — | — | — |
| Net Income | -202.2M | -236.9M | -297.8M | -241.3M | -122.3M |
| EPS (Basic) | $-2.85 | $-3.40 | $-4.59 | $-3.94 | $-3.63 |
| EPS (Diluted) | $-2.85 | $-3.40 | $-4.59 | $-3.94 | $-3.63 |
| Balance Sheet | |||||
| Total Assets | 1.8B | 1.6B | 1.7B | 1.5B | 828.7M |
| Total Liabilities | 1.3B | 924.4M | 823.9M | 522.3M | 287.7M |
| Stockholders' Equity | 593.4M | 708.9M | 866.8M | 988.2M | 541M |
| Cash & Equivalents | 376M | 264.5M | 282.5M | 270.6M | 570.8M |
| Total Debt | — | — | — | — | — |
Quarterly Financials
| Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 509.8M | 315.3M | 151.2M | — | 377.7M | 241.1M | 119.1M | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Operating Income | — | — | — | — | — | — | — | — |
| Net Income | -143.8M | -106.3M | -62.4M | — | -172.2M | -104.5M | -47.3M | — |
| EPS (Basic) | $-1.96 | $-1.45 | $-0.86 | — | $-2.44 | $-1.48 | $-0.67 | — |
| EPS (Diluted) | $-1.96 | $-1.45 | $-0.86 | — | $-2.44 | $-1.48 | $-0.67 | — |
| Balance Sheet | ||||||||
| Total Assets | 1.9B | 1.9B | 1.9B | 1.8B | 1.8B | 1.7B | 1.6B | 1.6B |
| Total Liabilities | 1.4B | 1.4B | 1.3B | 1.3B | 1.2B | 1.1B | 970M | 924.4M |
| Stockholders' Equity | 516.2M | 527.1M | 545.5M | 593.4M | 593M | 635.2M | 676.4M | 708.9M |
| Cash & Equivalents | 345.9M | 377.5M | 309.2M | 376M | 329.8M | 343.2M | 278.7M | 264.5M |
| Total Debt | — | — | — | — | — | — | — | — |