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

Lemonade, Inc. LMND

8 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$737.9M
▲ 40.2% vs FY2024
EPS · FY25
$-2.24
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-29.4%
Net margin · FY25
-22.4%
Dividend coverage
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Result
USD 737.9M
Revenue, FY2025 · full 8-year series below
Revenue Net income
0.20.40.60.80.7-0.22018202120242025
0.20.40.60.80.7-0.22018202120242025

The company lost 22 cents on every revenue dollar this year.

Per share
USD -2.24
Diluted EPS, FY2025
EPS
0.40.81.2-2.242018202120242025
0.40.81.2-2.242018202120242025

The company pays no cash dividend.

Profitability
-29.4%
Return on equity, FY2025
ROE
0.250.50.751-29.4%2018202120242025
0.250.50.751-29.4%2018202120242025
Operating margin-21.8%
Net margin-22.4%
Return on assets-8.8%

Each USD of equity lost 29 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+50.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+42.2%
+50.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.08B
Shares outstanding, FY2025
0.010.082018202120242025
0.010.082018202120242025
Change, 5 years+33.7%
Change, 10 years

The share count grew 34% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 1.9B
total assets, end of FY2025
Total assetsUSD 1.9B
EquityUSD 533.6M
CashUSD 385.0M

Equity funds 28% of total assets.

History
8 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
Revenue $B
0.7
0.5
0.4
0.3
0.1
0.1
0.1
0.0
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 $B
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
−0.2
−0.2
−0.2
−0.3
−0.2
−0.1
−0.1
−0.1
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 B
0.08
0.07
0.07
0.07
0.06
0.06
0.01
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
15 of 15
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed