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Side-by-side financial comparison of Danaos Corp (DAC) and Lemonade, Inc. (LMND). Click either name above to swap in a different company.

Danaos Corp is the larger business by last-quarter revenue ($262.2M vs $228.1M, roughly 1.1× Lemonade, Inc.). Danaos Corp runs the higher net margin — 49.9% vs -9.5%, a 59.4% gap on every dollar of revenue. On growth, Lemonade, Inc. posted the faster year-over-year revenue change (53.3% vs 6.4%).

Danaos Corporation is a leading global containership ownership and management firm. It operates a large fleet of modern container vessels, providing long-term charter services to top international container liner operators across major global trade routes, supporting the efficiency and reliability of global supply chains.

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...

DAC vs LMND — Head-to-Head

Bigger by revenue
DAC
DAC
1.1× larger
DAC
$262.2M
$228.1M
LMND
Growing faster (revenue YoY)
LMND
LMND
+46.9% gap
LMND
53.3%
6.4%
DAC
Higher net margin
DAC
DAC
59.4% more per $
DAC
49.9%
-9.5%
LMND

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DAC
DAC
LMND
LMND
Revenue
$262.2M
$228.1M
Net Profit
$130.9M
$-21.7M
Gross Margin
Operating Margin
47.9%
-9.0%
Net Margin
49.9%
-9.5%
Revenue YoY
6.4%
53.3%
Net Profit YoY
-7.3%
27.7%
EPS (diluted)
$7.12
$-0.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DAC
DAC
LMND
LMND
Q4 25
$228.1M
Q3 25
$194.5M
Q2 25
$262.2M
$164.1M
Q1 25
$151.2M
Q4 24
$148.8M
Q3 24
$136.6M
Q2 24
$246.3M
$122.0M
Q1 24
$119.1M
Net Profit
DAC
DAC
LMND
LMND
Q4 25
$-21.7M
Q3 25
$-37.5M
Q2 25
$130.9M
$-43.9M
Q1 25
$-62.4M
Q4 24
$-30.0M
Q3 24
$-67.7M
Q2 24
$141.2M
$-57.2M
Q1 24
$-47.3M
Operating Margin
DAC
DAC
LMND
LMND
Q4 25
-9.0%
Q3 25
-18.7%
Q2 25
47.9%
-26.0%
Q1 25
-40.6%
Q4 24
-25.4%
Q3 24
-48.2%
Q2 24
56.8%
-45.2%
Q1 24
-38.0%
Net Margin
DAC
DAC
LMND
LMND
Q4 25
-9.5%
Q3 25
-19.3%
Q2 25
49.9%
-26.8%
Q1 25
-41.3%
Q4 24
-20.2%
Q3 24
-49.6%
Q2 24
57.3%
-46.9%
Q1 24
-39.7%
EPS (diluted)
DAC
DAC
LMND
LMND
Q4 25
$-0.27
Q3 25
$-0.51
Q2 25
$7.12
$-0.60
Q1 25
$-0.86
Q4 24
$-0.42
Q3 24
$-0.95
Q2 24
$7.23
$-0.81
Q1 24
$-0.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DAC
DAC
LMND
LMND
Cash + ST InvestmentsLiquidity on hand
$654.1M
$399.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$533.6M
Total Assets
$4.5B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
LMND
LMND
Q4 25
$399.1M
Q3 25
$369.4M
Q2 25
$654.1M
$398.8M
Q1 25
$329.7M
Q4 24
$403.5M
Q3 24
$360.9M
Q2 24
$471.7M
$387.2M
Q1 24
$300.8M
Stockholders' Equity
DAC
DAC
LMND
LMND
Q4 25
$533.6M
Q3 25
$516.2M
Q2 25
$3.6B
$527.1M
Q1 25
$545.5M
Q4 24
$593.4M
Q3 24
$593.0M
Q2 24
$3.3B
$635.2M
Q1 24
$676.4M
Total Assets
DAC
DAC
LMND
LMND
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$4.5B
$1.9B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$4.0B
$1.7B
Q1 24
$1.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAC
DAC
LMND
LMND
Operating Cash FlowLast quarter
$-16.5M
Free Cash FlowOCF − Capex
$-25.9M
FCF MarginFCF / Revenue
-11.4%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-69.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
LMND
LMND
Q4 25
$-16.5M
Q3 25
$4.5M
Q2 25
$5.5M
Q1 25
$-47.2M
Q4 24
$-11.4M
Q3 24
$16.3M
Q2 24
$-11.7M
Q1 24
$-29.8M
Free Cash Flow
DAC
DAC
LMND
LMND
Q4 25
$-25.9M
Q3 25
$2.6M
Q2 25
$3.4M
Q1 25
$-49.5M
Q4 24
$-20.8M
Q3 24
$14.1M
Q2 24
$-13.2M
Q1 24
$-32.3M
FCF Margin
DAC
DAC
LMND
LMND
Q4 25
-11.4%
Q3 25
1.3%
Q2 25
2.1%
Q1 25
-32.7%
Q4 24
-14.0%
Q3 24
10.3%
Q2 24
-10.8%
Q1 24
-27.1%
Capex Intensity
DAC
DAC
LMND
LMND
Q4 25
4.1%
Q3 25
1.0%
Q2 25
1.3%
Q1 25
1.5%
Q4 24
6.3%
Q3 24
1.6%
Q2 24
1.2%
Q1 24
2.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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