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

Liberty Broadband Corp is the larger business by last-quarter revenue ($261.0M vs $228.1M, roughly 1.1× Lemonade, Inc.). Liberty Broadband Corp runs the higher net margin — 146.7% vs -9.5%, a 156.3% gap on every dollar of revenue. On growth, Lemonade, Inc. posted the faster year-over-year revenue change (53.3% vs 6.1%). Liberty Broadband Corp produced more free cash flow last quarter ($37.0M vs $-25.9M). Over the past eight quarters, Lemonade, Inc.'s revenue compounded faster (38.4% CAGR vs 4.3%).

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

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...

LBRDA vs LMND — Head-to-Head

Bigger by revenue
LBRDA
LBRDA
1.1× larger
LBRDA
$261.0M
$228.1M
LMND
Growing faster (revenue YoY)
LMND
LMND
+47.2% gap
LMND
53.3%
6.1%
LBRDA
Higher net margin
LBRDA
LBRDA
156.3% more per $
LBRDA
146.7%
-9.5%
LMND
More free cash flow
LBRDA
LBRDA
$62.9M more FCF
LBRDA
$37.0M
$-25.9M
LMND
Faster 2-yr revenue CAGR
LMND
LMND
Annualised
LMND
38.4%
4.3%
LBRDA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
LBRDA
LBRDA
LMND
LMND
Revenue
$261.0M
$228.1M
Net Profit
$383.0M
$-21.7M
Gross Margin
Operating Margin
15.7%
-9.0%
Net Margin
146.7%
-9.5%
Revenue YoY
6.1%
53.3%
Net Profit YoY
96.4%
27.7%
EPS (diluted)
$2.68
$-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
LBRDA
LBRDA
LMND
LMND
Q4 25
$228.1M
Q3 25
$194.5M
Q2 25
$261.0M
$164.1M
Q1 25
$266.0M
$151.2M
Q4 24
$263.0M
$148.8M
Q3 24
$262.0M
$136.6M
Q2 24
$246.0M
$122.0M
Q1 24
$245.0M
$119.1M
Net Profit
LBRDA
LBRDA
LMND
LMND
Q4 25
$-21.7M
Q3 25
$-37.5M
Q2 25
$383.0M
$-43.9M
Q1 25
$268.0M
$-62.4M
Q4 24
$291.0M
$-30.0M
Q3 24
$142.0M
$-67.7M
Q2 24
$195.0M
$-57.2M
Q1 24
$241.0M
$-47.3M
Operating Margin
LBRDA
LBRDA
LMND
LMND
Q4 25
-9.0%
Q3 25
-18.7%
Q2 25
15.7%
-26.0%
Q1 25
16.2%
-40.6%
Q4 24
4.9%
-25.4%
Q3 24
11.5%
-48.2%
Q2 24
8.5%
-45.2%
Q1 24
11.4%
-38.0%
Net Margin
LBRDA
LBRDA
LMND
LMND
Q4 25
-9.5%
Q3 25
-19.3%
Q2 25
146.7%
-26.8%
Q1 25
100.8%
-41.3%
Q4 24
110.6%
-20.2%
Q3 24
54.2%
-49.6%
Q2 24
79.3%
-46.9%
Q1 24
98.4%
-39.7%
EPS (diluted)
LBRDA
LBRDA
LMND
LMND
Q4 25
$-0.27
Q3 25
$-0.51
Q2 25
$2.68
$-0.60
Q1 25
$1.87
$-0.86
Q4 24
$2.04
$-0.42
Q3 24
$0.99
$-0.95
Q2 24
$1.36
$-0.81
Q1 24
$1.69
$-0.67

Balance Sheet & Financial Strength

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

Metric
LBRDA
LBRDA
LMND
LMND
Cash + ST InvestmentsLiquidity on hand
$180.0M
$399.1M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$10.4B
$533.6M
Total Assets
$16.6B
$1.9B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRDA
LBRDA
LMND
LMND
Q4 25
$399.1M
Q3 25
$369.4M
Q2 25
$180.0M
$398.8M
Q1 25
$226.0M
$329.7M
Q4 24
$163.0M
$403.5M
Q3 24
$168.0M
$360.9M
Q2 24
$73.0M
$387.2M
Q1 24
$108.0M
$300.8M
Total Debt
LBRDA
LBRDA
LMND
LMND
Q4 25
Q3 25
Q2 25
$3.1B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$3.6B
Stockholders' Equity
LBRDA
LBRDA
LMND
LMND
Q4 25
$533.6M
Q3 25
$516.2M
Q2 25
$10.4B
$527.1M
Q1 25
$10.1B
$545.5M
Q4 24
$9.8B
$593.4M
Q3 24
$9.5B
$593.0M
Q2 24
$9.3B
$635.2M
Q1 24
$9.1B
$676.4M
Total Assets
LBRDA
LBRDA
LMND
LMND
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$16.6B
$1.9B
Q1 25
$17.0B
$1.9B
Q4 24
$16.7B
$1.8B
Q3 24
$16.3B
$1.8B
Q2 24
$16.0B
$1.7B
Q1 24
$15.7B
$1.6B
Debt / Equity
LBRDA
LBRDA
LMND
LMND
Q4 25
Q3 25
Q2 25
0.30×
Q1 25
0.38×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.39×
Q1 24
0.40×

Cash Flow & Capital Efficiency

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

Metric
LBRDA
LBRDA
LMND
LMND
Operating Cash FlowLast quarter
$91.0M
$-16.5M
Free Cash FlowOCF − Capex
$37.0M
$-25.9M
FCF MarginFCF / Revenue
14.2%
-11.4%
Capex IntensityCapex / Revenue
20.7%
4.1%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-49.0M
$-69.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRDA
LBRDA
LMND
LMND
Q4 25
$-16.5M
Q3 25
$4.5M
Q2 25
$91.0M
$5.5M
Q1 25
$78.0M
$-47.2M
Q4 24
$1.0M
$-11.4M
Q3 24
$24.0M
$16.3M
Q2 24
$27.0M
$-11.7M
Q1 24
$52.0M
$-29.8M
Free Cash Flow
LBRDA
LBRDA
LMND
LMND
Q4 25
$-25.9M
Q3 25
$2.6M
Q2 25
$37.0M
$3.4M
Q1 25
$13.0M
$-49.5M
Q4 24
$-63.0M
$-20.8M
Q3 24
$-36.0M
$14.1M
Q2 24
$-35.0M
$-13.2M
Q1 24
$-9.0M
$-32.3M
FCF Margin
LBRDA
LBRDA
LMND
LMND
Q4 25
-11.4%
Q3 25
1.3%
Q2 25
14.2%
2.1%
Q1 25
4.9%
-32.7%
Q4 24
-24.0%
-14.0%
Q3 24
-13.7%
10.3%
Q2 24
-14.2%
-10.8%
Q1 24
-3.7%
-27.1%
Capex Intensity
LBRDA
LBRDA
LMND
LMND
Q4 25
4.1%
Q3 25
1.0%
Q2 25
20.7%
1.3%
Q1 25
24.4%
1.5%
Q4 24
24.3%
6.3%
Q3 24
22.9%
1.6%
Q2 24
25.2%
1.2%
Q1 24
24.9%
2.1%
Cash Conversion
LBRDA
LBRDA
LMND
LMND
Q4 25
Q3 25
Q2 25
0.24×
Q1 25
0.29×
Q4 24
0.00×
Q3 24
0.17×
Q2 24
0.14×
Q1 24
0.22×

Financial Flow Comparison

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

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