Lemonade, Inc.LMNDEarnings & Financial Report
Lemonade, Inc. is an American insurance company. The company offers renters' insurance, homeowners' insurance, car insurance, pet insurance, and term life insurance in the United States, as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France. The company is based in New York City and has approximately 2.9 million customers. Lemonade does not hire human employees to process claims for customers, instead using artificial intelligence and chatb...
LMND Q4 FY2025 Key Financial Metrics
Revenue
$228.1M
Gross Profit
N/A
Operating Profit
$-20.6M
Net Profit
$-21.7M
Gross Margin
N/A
Operating Margin
-9.0%
Net Margin
-9.5%
YoY Growth
53.3%
EPS
$-0.27
Lemonade, Inc. Q4 FY2025 Financial Summary
Lemonade, Inc. reported revenue of $228.1M (up 53.3% YoY) for Q4 FY2025, with a net profit of $-21.7M (up 27.7% YoY) (-9.5% margin).
Key Financial Metrics
| Total Revenue | $228.1M |
|---|---|
| Net Profit | $-21.7M |
| Gross Margin | N/A |
| Operating Margin | -9.0% |
| Report Period | Q4 FY2025 |
Lemonade, Inc. Annual Revenue by Year
Lemonade, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $737.9M).
Lemonade, Inc. Quarterly Revenue & Net Profit History
Lemonade, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $228.1M | +53.3% | $-21.7M | -9.5% |
| Q3 FY2025 | $194.5M | +42.4% | $-37.5M | -19.3% |
| Q2 FY2025 | $164.1M | +34.5% | $-43.9M | -26.8% |
| Q1 FY2025 | $151.2M | +27.0% | $-62.4M | -41.3% |
| Q4 FY2024 | $148.8M | +28.8% | $-30.0M | -20.2% |
| Q3 FY2024 | $136.6M | +19.3% | $-67.7M | -49.6% |
| Q2 FY2024 | $122.0M | +16.6% | $-57.2M | -46.9% |
| Q1 FY2024 | $119.1M | +25.1% | $-47.3M | -39.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $119.1M | $122.0M | $136.6M | $148.8M | $151.2M | $164.1M | $194.5M | $228.1M |
| YoY Growth | 25.1% | 16.6% | 19.3% | 28.8% | 27.0% | 34.5% | 42.4% | 53.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.65B | $1.71B | $1.82B | $1.85B | $1.86B | $1.93B | $1.92B | $1.93B |
| Liabilities | $970.0M | $1.08B | $1.23B | $1.26B | $1.31B | $1.41B | $1.40B | $1.39B |
| Equity | $676.4M | $635.2M | $593.0M | $593.4M | $545.5M | $527.1M | $516.2M | $533.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-29.8M | $-11.7M | $16.3M | $-11.4M | $-47.2M | $5.5M | $4.5M | $-16.5M |