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Side-by-side financial comparison of Lemonade, Inc. (LMND) and STARZ ENTERTAINMENT CORP (STRZ). Click either name above to swap in a different company.

STARZ ENTERTAINMENT CORP is the larger business by last-quarter revenue ($320.9M vs $228.1M, roughly 1.4× Lemonade, Inc.). Lemonade, Inc. runs the higher net margin — -9.5% vs -16.4%, a 6.9% gap on every dollar of revenue. On growth, Lemonade, Inc. posted the faster year-over-year revenue change (53.3% vs -7.5%). Lemonade, Inc. produced more free cash flow last quarter ($-25.9M vs $-31.3M). Over the past eight quarters, Lemonade, Inc.'s revenue compounded faster (38.4% CAGR vs -40.6%).

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...

Starz Entertainment Corp., formerly known as Lions Gate Entertainment Corporation, or simply Lionsgate, is a Canadian-American entertainment company currently headquartered in Santa Monica, California. Founded by Frank Giustra on July 10, 1997, it is/was domiciled and incorporated in Vancouver, British Columbia.

LMND vs STRZ — Head-to-Head

Bigger by revenue
STRZ
STRZ
1.4× larger
STRZ
$320.9M
$228.1M
LMND
Growing faster (revenue YoY)
LMND
LMND
+60.8% gap
LMND
53.3%
-7.5%
STRZ
Higher net margin
LMND
LMND
6.9% more per $
LMND
-9.5%
-16.4%
STRZ
More free cash flow
LMND
LMND
$5.4M more FCF
LMND
$-25.9M
$-31.3M
STRZ
Faster 2-yr revenue CAGR
LMND
LMND
Annualised
LMND
38.4%
-40.6%
STRZ

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LMND
LMND
STRZ
STRZ
Revenue
$228.1M
$320.9M
Net Profit
$-21.7M
$-52.6M
Gross Margin
Operating Margin
-9.0%
-10.8%
Net Margin
-9.5%
-16.4%
Revenue YoY
53.3%
-7.5%
Net Profit YoY
27.7%
-71.9%
EPS (diluted)
$-0.27
$-3.15

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
STRZ
STRZ
Q4 25
$228.1M
Q3 25
$194.5M
$320.9M
Q2 25
$164.1M
$319.7M
Q1 25
$151.2M
Q4 24
$148.8M
$970.5M
Q3 24
$136.6M
$346.9M
Q2 24
$122.0M
$347.6M
Q1 24
$119.1M
Net Profit
LMND
LMND
STRZ
STRZ
Q4 25
$-21.7M
Q3 25
$-37.5M
$-52.6M
Q2 25
$-43.9M
$-42.5M
Q1 25
$-62.4M
Q4 24
$-30.0M
$-21.9M
Q3 24
$-67.7M
$-30.6M
Q2 24
$-57.2M
$4.2M
Q1 24
$-47.3M
Operating Margin
LMND
LMND
STRZ
STRZ
Q4 25
-9.0%
Q3 25
-18.7%
-10.8%
Q2 25
-26.0%
-8.4%
Q1 25
-40.6%
Q4 24
-25.4%
3.7%
Q3 24
-48.2%
-4.9%
Q2 24
-45.2%
2.9%
Q1 24
-38.0%
Net Margin
LMND
LMND
STRZ
STRZ
Q4 25
-9.5%
Q3 25
-19.3%
-16.4%
Q2 25
-26.8%
-13.3%
Q1 25
-41.3%
Q4 24
-20.2%
-2.3%
Q3 24
-49.6%
-8.8%
Q2 24
-46.9%
1.2%
Q1 24
-39.7%
EPS (diluted)
LMND
LMND
STRZ
STRZ
Q4 25
$-0.27
Q3 25
$-0.51
$-3.15
Q2 25
$-0.60
$-2.54
Q1 25
$-0.86
Q4 24
$-0.42
$-0.09
Q3 24
$-0.95
$-1.83
Q2 24
$-0.81
$0.26
Q1 24
$-0.67

Balance Sheet & Financial Strength

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

Metric
LMND
LMND
STRZ
STRZ
Cash + ST InvestmentsLiquidity on hand
$399.1M
$37.0M
Total DebtLower is stronger
$608.7M
Stockholders' EquityBook value
$533.6M
$663.2M
Total Assets
$1.9B
$2.0B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMND
LMND
STRZ
STRZ
Q4 25
$399.1M
Q3 25
$369.4M
$37.0M
Q2 25
$398.8M
$51.6M
Q1 25
$329.7M
Q4 24
$403.5M
$200.5M
Q3 24
$360.9M
$229.6M
Q2 24
$387.2M
$192.5M
Q1 24
$300.8M
Total Debt
LMND
LMND
STRZ
STRZ
Q4 25
Q3 25
$608.7M
Q2 25
$611.7M
Q1 25
Q4 24
$2.4B
Q3 24
$2.1B
Q2 24
$1.5B
Q1 24
Stockholders' Equity
LMND
LMND
STRZ
STRZ
Q4 25
$533.6M
Q3 25
$516.2M
$663.2M
Q2 25
$527.1M
$712.3M
Q1 25
$545.5M
Q4 24
$593.4M
$-168.3M
Q3 24
$593.0M
$935.9M
Q2 24
$635.2M
$973.1M
Q1 24
$676.4M
Total Assets
LMND
LMND
STRZ
STRZ
Q4 25
$1.9B
Q3 25
$1.9B
$2.0B
Q2 25
$1.9B
$2.1B
Q1 25
$1.9B
Q4 24
$1.8B
$7.2B
Q3 24
$1.8B
$7.1B
Q2 24
$1.7B
$7.2B
Q1 24
$1.6B
Debt / Equity
LMND
LMND
STRZ
STRZ
Q4 25
Q3 25
0.92×
Q2 25
0.86×
Q1 25
Q4 24
Q3 24
2.24×
Q2 24
1.59×
Q1 24

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
STRZ
STRZ
Operating Cash FlowLast quarter
$-16.5M
$-26.1M
Free Cash FlowOCF − Capex
$-25.9M
$-31.3M
FCF MarginFCF / Revenue
-11.4%
-9.8%
Capex IntensityCapex / Revenue
4.1%
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-69.4M
$-317.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LMND
LMND
STRZ
STRZ
Q4 25
$-16.5M
Q3 25
$4.5M
$-26.1M
Q2 25
$5.5M
$65.4M
Q1 25
$-47.2M
Q4 24
$-11.4M
$-335.3M
Q3 24
$16.3M
$9.1M
Q2 24
$-11.7M
$-33.5M
Q1 24
$-29.8M
Free Cash Flow
LMND
LMND
STRZ
STRZ
Q4 25
$-25.9M
Q3 25
$2.6M
$-31.3M
Q2 25
$3.4M
$58.5M
Q1 25
$-49.5M
Q4 24
$-20.8M
$-349.3M
Q3 24
$14.1M
$4.4M
Q2 24
$-13.2M
$-38.4M
Q1 24
$-32.3M
FCF Margin
LMND
LMND
STRZ
STRZ
Q4 25
-11.4%
Q3 25
1.3%
-9.8%
Q2 25
2.1%
18.3%
Q1 25
-32.7%
Q4 24
-14.0%
-36.0%
Q3 24
10.3%
1.3%
Q2 24
-10.8%
-11.0%
Q1 24
-27.1%
Capex Intensity
LMND
LMND
STRZ
STRZ
Q4 25
4.1%
Q3 25
1.0%
1.6%
Q2 25
1.3%
2.2%
Q1 25
1.5%
Q4 24
6.3%
1.4%
Q3 24
1.6%
1.4%
Q2 24
1.2%
1.4%
Q1 24
2.1%
Cash Conversion
LMND
LMND
STRZ
STRZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-7.98×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LMND
LMND

Segment breakdown not available.

STRZ
STRZ

Over The Top Subscription Service OTT$222.8M69%
Linear Subscription Service$98.1M31%

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