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MARKETS / NYSE / LMND
NYSE · FIRE, MARINE & CASUALTY INSURANCE · LARGE CAP

Lemonade, Inc. LMND

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$737.9M
▲ 40.2% YoY
$-165.5M
$-25.9M
Growth
USD 737.9M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 737.9 · Net income -165.5
250.0M500.0M-100.0M-200.0M20182019202020212022202320242025
Compound annual growth
+42.2%
+50.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +50.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−22 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -21.8% · Net -22.4%
-100%-200%20182019202020212022202320242025
ROE
FY2025 · ROE -29.4%
-20%-40%-60%20182019202020212022202320242025

Each USD of equity lost 29 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -25.9
-80M-160M20182019202020212022202320242025

Total assetsUSD 1.9B
EquityUSD 533.6M
CashUSD 385.0M

Equity funds 28% of total assets.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B0.70.50.40.30.10.10.10.0
Operating income $B−0.2−0.2−0.2−0.3−0.2−0.1−0.1−0.1
EBITDA $B−0.1−0.2−0.2−0.3−0.2−0.1−0.1−0.1
Income tax $B0.0−0.00.00.00.00.00.00.0
Net income $B−0.2−0.2−0.2−0.3−0.2−0.1−0.1−0.1
Free cash flow $B−0.0−0.0−0.1−0.2−0.2−0.1−0.1−0.0
EPS, diluted $−2.24−2.85−3.40−4.59−3.94−3.63−9.75−4.84
Dividend / sh $········
Payout %········
ROE %−29.4−31.1−30.1−32.1−31.6−68.2··
Shares out B0.080.070.070.070.060.060.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 34 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFire, Marine & Casualty Insurance
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2018

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