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

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($317.6M vs $228.1M, roughly 1.4× Lemonade, Inc.). On growth, Lemonade, Inc. posted the faster year-over-year revenue change (53.3% vs 15.7%). Over the past eight quarters, Lemonade, Inc.'s revenue compounded faster (38.4% CAGR vs 26.0%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

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...

EE vs LMND — Head-to-Head

Bigger by revenue
EE
EE
1.4× larger
EE
$317.6M
$228.1M
LMND
Growing faster (revenue YoY)
LMND
LMND
+37.6% gap
LMND
53.3%
15.7%
EE
Faster 2-yr revenue CAGR
LMND
LMND
Annualised
LMND
38.4%
26.0%
EE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EE
EE
LMND
LMND
Revenue
$317.6M
$228.1M
Net Profit
$-21.7M
Gross Margin
Operating Margin
22.2%
-9.0%
Net Margin
-9.5%
Revenue YoY
15.7%
53.3%
Net Profit YoY
27.7%
EPS (diluted)
$0.24
$-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
EE
EE
LMND
LMND
Q4 25
$317.6M
$228.1M
Q3 25
$391.0M
$194.5M
Q2 25
$204.6M
$164.1M
Q1 25
$315.1M
$151.2M
Q4 24
$274.6M
$148.8M
Q3 24
$193.4M
$136.6M
Q2 24
$183.3M
$122.0M
Q1 24
$200.1M
$119.1M
Net Profit
EE
EE
LMND
LMND
Q4 25
$-21.7M
Q3 25
$-37.5M
Q2 25
$-43.9M
Q1 25
$-62.4M
Q4 24
$-30.0M
Q3 24
$-67.7M
Q2 24
$-57.2M
Q1 24
$-47.3M
Operating Margin
EE
EE
LMND
LMND
Q4 25
22.2%
-9.0%
Q3 25
22.3%
-18.7%
Q2 25
21.2%
-26.0%
Q1 25
20.9%
-40.6%
Q4 24
21.9%
-25.4%
Q3 24
30.9%
-48.2%
Q2 24
27.2%
-45.2%
Q1 24
22.6%
-38.0%
Net Margin
EE
EE
LMND
LMND
Q4 25
-9.5%
Q3 25
-19.3%
Q2 25
-26.8%
Q1 25
-41.3%
Q4 24
-20.2%
Q3 24
-49.6%
Q2 24
-46.9%
Q1 24
-39.7%
EPS (diluted)
EE
EE
LMND
LMND
Q4 25
$0.24
$-0.27
Q3 25
$0.43
$-0.51
Q2 25
$0.15
$-0.60
Q1 25
$0.46
$-0.86
Q4 24
$0.42
$-0.42
Q3 24
$0.35
$-0.95
Q2 24
$0.26
$-0.81
Q1 24
$0.24
$-0.67

Balance Sheet & Financial Strength

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

Metric
EE
EE
LMND
LMND
Cash + ST InvestmentsLiquidity on hand
$538.2M
$399.1M
Total DebtLower is stronger
$936.3M
Stockholders' EquityBook value
$2.2B
$533.6M
Total Assets
$4.1B
$1.9B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
LMND
LMND
Q4 25
$538.2M
$399.1M
Q3 25
$462.6M
$369.4M
Q2 25
$426.0M
$398.8M
Q1 25
$619.5M
$329.7M
Q4 24
$537.5M
$403.5M
Q3 24
$608.4M
$360.9M
Q2 24
$609.1M
$387.2M
Q1 24
$578.9M
$300.8M
Total Debt
EE
EE
LMND
LMND
Q4 25
$936.3M
Q3 25
$942.0M
Q2 25
$946.2M
Q1 25
$322.6M
Q4 24
$333.6M
Q3 24
$345.7M
Q2 24
$356.4M
Q1 24
$366.9M
Stockholders' Equity
EE
EE
LMND
LMND
Q4 25
$2.2B
$533.6M
Q3 25
$2.2B
$516.2M
Q2 25
$2.1B
$527.1M
Q1 25
$1.9B
$545.5M
Q4 24
$1.9B
$593.4M
Q3 24
$1.9B
$593.0M
Q2 24
$1.8B
$635.2M
Q1 24
$1.8B
$676.4M
Total Assets
EE
EE
LMND
LMND
Q4 25
$4.1B
$1.9B
Q3 25
$4.1B
$1.9B
Q2 25
$4.0B
$1.9B
Q1 25
$2.9B
$1.9B
Q4 24
$2.9B
$1.8B
Q3 24
$2.9B
$1.8B
Q2 24
$2.9B
$1.7B
Q1 24
$2.9B
$1.6B
Debt / Equity
EE
EE
LMND
LMND
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.44×
Q1 25
0.17×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.19×
Q1 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
EE
EE
LMND
LMND
Operating Cash FlowLast quarter
$104.4M
$-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
EE
EE
LMND
LMND
Q4 25
$104.4M
$-16.5M
Q3 25
$114.9M
$4.5M
Q2 25
$87.1M
$5.5M
Q1 25
$154.8M
$-47.2M
Q4 24
$49.6M
$-11.4M
Q3 24
$39.8M
$16.3M
Q2 24
$90.4M
$-11.7M
Q1 24
$64.7M
$-29.8M
Free Cash Flow
EE
EE
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
EE
EE
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
EE
EE
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.

Revenue Breakdown by Segment

EE
EE

Other$179.4M57%
Revenue From Leases$138.1M43%

LMND
LMND

Segment breakdown not available.

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