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

Mirion Technologies, Inc. is the larger business by last-quarter revenue ($257.6M vs $228.1M, roughly 1.1× Lemonade, Inc.). On growth, Lemonade, Inc. posted the faster year-over-year revenue change (53.3% vs 27.5%). Over the past eight quarters, Lemonade, Inc.'s revenue compounded faster (38.4% CAGR vs 11.5%).

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...

Mirion Technologies, Inc. is a global provider of radiation detection, monitoring, and safety solutions. Its core offerings include personal dosimetry systems, radiation imaging equipment, and risk management software, serving nuclear power, healthcare, defense, and industrial sectors across North America, Europe, and the Asia Pacific.

LMND vs MIR — Head-to-Head

Bigger by revenue
MIR
MIR
1.1× larger
MIR
$257.6M
$228.1M
LMND
Growing faster (revenue YoY)
LMND
LMND
+25.8% gap
LMND
53.3%
27.5%
MIR
Faster 2-yr revenue CAGR
LMND
LMND
Annualised
LMND
38.4%
11.5%
MIR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LMND
LMND
MIR
MIR
Revenue
$228.1M
$257.6M
Net Profit
$-21.7M
Gross Margin
46.2%
Operating Margin
-9.0%
1.4%
Net Margin
-9.5%
Revenue YoY
53.3%
27.5%
Net Profit YoY
27.7%
EPS (diluted)
$-0.27
$-0.01

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
LMND
LMND
MIR
MIR
Q1 26
$257.6M
Q4 25
$228.1M
$277.4M
Q3 25
$194.5M
$223.1M
Q2 25
$164.1M
$222.9M
Q1 25
$151.2M
$202.0M
Q4 24
$148.8M
$254.3M
Q3 24
$136.6M
$206.8M
Q2 24
$122.0M
$207.1M
Net Profit
LMND
LMND
MIR
MIR
Q1 26
Q4 25
$-21.7M
$17.3M
Q3 25
$-37.5M
$2.9M
Q2 25
$-43.9M
$8.3M
Q1 25
$-62.4M
$300.0K
Q4 24
$-30.0M
$15.0M
Q3 24
$-67.7M
$-13.6M
Q2 24
$-57.2M
$-11.7M
Gross Margin
LMND
LMND
MIR
MIR
Q1 26
46.2%
Q4 25
48.8%
Q3 25
46.8%
Q2 25
46.0%
Q1 25
47.6%
Q4 24
48.1%
Q3 24
44.9%
Q2 24
47.0%
Operating Margin
LMND
LMND
MIR
MIR
Q1 26
1.4%
Q4 25
-9.0%
9.2%
Q3 25
-18.7%
3.3%
Q2 25
-26.0%
4.4%
Q1 25
-40.6%
4.3%
Q4 24
-25.4%
11.4%
Q3 24
-48.2%
-0.8%
Q2 24
-45.2%
1.1%
Net Margin
LMND
LMND
MIR
MIR
Q1 26
Q4 25
-9.5%
6.2%
Q3 25
-19.3%
1.3%
Q2 25
-26.8%
3.7%
Q1 25
-41.3%
0.1%
Q4 24
-20.2%
5.9%
Q3 24
-49.6%
-6.6%
Q2 24
-46.9%
-5.6%
EPS (diluted)
LMND
LMND
MIR
MIR
Q1 26
$-0.01
Q4 25
$-0.27
$0.07
Q3 25
$-0.51
$0.01
Q2 25
$-0.60
$0.03
Q1 25
$-0.86
$0.00
Q4 24
$-0.42
$0.08
Q3 24
$-0.95
$-0.07
Q2 24
$-0.81
$-0.06

Balance Sheet & Financial Strength

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

Metric
LMND
LMND
MIR
MIR
Cash + ST InvestmentsLiquidity on hand
$399.1M
$397.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$533.6M
$1.9B
Total Assets
$1.9B
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMND
LMND
MIR
MIR
Q1 26
$397.9M
Q4 25
$399.1M
$412.3M
Q3 25
$369.4M
$933.2M
Q2 25
$398.8M
$262.6M
Q1 25
$329.7M
$185.8M
Q4 24
$403.5M
$175.2M
Q3 24
$360.9M
$133.3M
Q2 24
$387.2M
$122.2M
Total Debt
LMND
LMND
MIR
MIR
Q1 26
Q4 25
Q3 25
$444.8M
Q2 25
$444.9M
Q1 25
$686.6M
Q4 24
$686.4M
Q3 24
$685.1M
Q2 24
$684.1M
Stockholders' Equity
LMND
LMND
MIR
MIR
Q1 26
$1.9B
Q4 25
$533.6M
$1.9B
Q3 25
$516.2M
$1.8B
Q2 25
$527.1M
$1.5B
Q1 25
$545.5M
$1.5B
Q4 24
$593.4M
$1.5B
Q3 24
$593.0M
$1.5B
Q2 24
$635.2M
$1.5B
Total Assets
LMND
LMND
MIR
MIR
Q1 26
$3.5B
Q4 25
$1.9B
$3.6B
Q3 25
$1.9B
$3.5B
Q2 25
$1.9B
$2.7B
Q1 25
$1.9B
$2.6B
Q4 24
$1.8B
$2.6B
Q3 24
$1.8B
$2.7B
Q2 24
$1.7B
$2.6B
Debt / Equity
LMND
LMND
MIR
MIR
Q1 26
Q4 25
Q3 25
0.24×
Q2 25
0.30×
Q1 25
0.46×
Q4 24
0.46×
Q3 24
0.45×
Q2 24
0.45×

Cash Flow & Capital Efficiency

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

Metric
LMND
LMND
MIR
MIR
Operating Cash FlowLast quarter
$-16.5M
$18.9M
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
LMND
LMND
MIR
MIR
Q1 26
$18.9M
Q4 25
$-16.5M
$73.0M
Q3 25
$4.5M
$22.3M
Q2 25
$5.5M
$12.4M
Q1 25
$-47.2M
$35.6M
Q4 24
$-11.4M
$60.8M
Q3 24
$16.3M
$17.1M
Q2 24
$-11.7M
$15.2M
Free Cash Flow
LMND
LMND
MIR
MIR
Q1 26
Q4 25
$-25.9M
$63.2M
Q3 25
$2.6M
$13.0M
Q2 25
$3.4M
$3.6M
Q1 25
$-49.5M
$27.1M
Q4 24
$-20.8M
$49.1M
Q3 24
$14.1M
$3.9M
Q2 24
$-13.2M
$4.1M
FCF Margin
LMND
LMND
MIR
MIR
Q1 26
Q4 25
-11.4%
22.8%
Q3 25
1.3%
5.8%
Q2 25
2.1%
1.6%
Q1 25
-32.7%
13.4%
Q4 24
-14.0%
19.3%
Q3 24
10.3%
1.9%
Q2 24
-10.8%
2.0%
Capex Intensity
LMND
LMND
MIR
MIR
Q1 26
Q4 25
4.1%
3.5%
Q3 25
1.0%
4.2%
Q2 25
1.3%
3.9%
Q1 25
1.5%
4.2%
Q4 24
6.3%
4.6%
Q3 24
1.6%
6.4%
Q2 24
1.2%
5.4%
Cash Conversion
LMND
LMND
MIR
MIR
Q1 26
Q4 25
4.22×
Q3 25
7.69×
Q2 25
1.49×
Q1 25
118.67×
Q4 24
4.05×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LMND
LMND

Segment breakdown not available.

MIR
MIR

Product$197.0M76%
Service$60.6M24%

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