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Lemonade, Inc.（LMND）与RLI CORP（RLI）财务数据对比。点击上方公司名可切换其他公司
RLI CORP的季度营收约是Lemonade, Inc.的2.0倍（$465.7M vs $228.1M），RLI CORP净利率更高（19.6% vs -9.5%，领先29.1%），Lemonade, Inc.同比增速更快（53.3% vs 6.1%），RLI CORP自由现金流更多（$155.0M vs $-25.9M），过去两年Lemonade, Inc.的营收复合增速更高（38.4% vs 2.3%）
Lemonade, Inc.是一家总部位于美国纽约的保险公司，在美国市场提供租客险、房屋险、车险、宠物险及定期寿险，在德国、荷兰推出财产及责任保险，法国市场提供租客险，当前拥有约290万用户，采用人工智能及聊天机器人替代人工处理理赔申请。
RLI Corp是一家总部位于美国伊利诺伊州皮奥里亚的专业保险公司，主营财产保险与意外伤害保险业务，深耕保险领域多年，凭借成熟的风险管控体系与定制化产品矩阵，为不同类型的客户提供全面可靠的风险保障服务。
LMND vs RLI — 直观对比
营收规模更大
RLI
是对方的2.0倍
$228.1M
营收增速更快
LMND
高出47.2%
6.1%
净利率更高
RLI
高出29.1%
-9.5%
自由现金流更多
RLI
多$180.9M
$-25.9M
两年增速更快
LMND
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $228.1M | $465.7M |
| 净利润 | $-21.7M | $91.2M |
| 毛利率 | — | — |
| 营业利润率 | -9.0% | 24.4% |
| 净利率 | -9.5% | 19.6% |
| 营收同比 | 53.3% | 6.1% |
| 净利润同比 | 27.7% | 123.1% |
| 每股收益（稀释后） | $-0.27 | $1.00 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LMNDRLI
| Q4 25 | $228.1M | $465.7M | ||
| Q3 25 | $194.5M | $509.3M | ||
| Q2 25 | $164.1M | $499.8M | ||
| Q1 25 | $151.2M | $407.7M | ||
| Q4 24 | $148.8M | $439.1M | ||
| Q3 24 | $136.6M | $470.0M | ||
| Q2 24 | $122.0M | $416.4M | ||
| Q1 24 | $119.1M | $444.8M |
净利润LMNDRLI
| Q4 25 | $-21.7M | $91.2M | ||
| Q3 25 | $-37.5M | $124.6M | ||
| Q2 25 | $-43.9M | $124.3M | ||
| Q1 25 | $-62.4M | $63.2M | ||
| Q4 24 | $-30.0M | $40.9M | ||
| Q3 24 | $-67.7M | $95.0M | ||
| Q2 24 | $-57.2M | $82.0M | ||
| Q1 24 | $-47.3M | $127.9M |
营业利润率LMNDRLI
| Q4 25 | -9.0% | 24.4% | ||
| Q3 25 | -18.7% | 30.9% | ||
| Q2 25 | -26.0% | 31.3% | ||
| Q1 25 | -40.6% | 19.3% | ||
| Q4 24 | -25.4% | 10.8% | ||
| Q3 24 | -48.2% | 24.9% | ||
| Q2 24 | -45.2% | 24.8% | ||
| Q1 24 | -38.0% | 36.0% |
净利率LMNDRLI
| Q4 25 | -9.5% | 19.6% | ||
| Q3 25 | -19.3% | 24.5% | ||
| Q2 25 | -26.8% | 24.9% | ||
| Q1 25 | -41.3% | 15.5% | ||
| Q4 24 | -20.2% | 9.3% | ||
| Q3 24 | -49.6% | 20.2% | ||
| Q2 24 | -46.9% | 19.7% | ||
| Q1 24 | -39.7% | 28.8% |
每股收益（稀释后）LMNDRLI
| Q4 25 | $-0.27 | $1.00 | ||
| Q3 25 | $-0.51 | $1.35 | ||
| Q2 25 | $-0.60 | $1.34 | ||
| Q1 25 | $-0.86 | $0.68 | ||
| Q4 24 | $-0.42 | $-2.87 | ||
| Q3 24 | $-0.95 | $2.06 | ||
| Q2 24 | $-0.81 | $1.78 | ||
| Q1 24 | $-0.67 | $2.77 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $399.1M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $533.6M | $1.8B |
| 总资产 | $1.9B | $6.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LMNDRLI
| Q4 25 | $399.1M | — | ||
| Q3 25 | $369.4M | — | ||
| Q2 25 | $398.8M | — | ||
| Q1 25 | $329.7M | — | ||
| Q4 24 | $403.5M | — | ||
| Q3 24 | $360.9M | — | ||
| Q2 24 | $387.2M | — | ||
| Q1 24 | $300.8M | — |
总债务LMNDRLI
| Q4 25 | — | — | ||
| Q3 25 | — | $100.0M | ||
| Q2 25 | — | $100.0M | ||
| Q1 25 | — | $100.0M | ||
| Q4 24 | — | $100.0M | ||
| Q3 24 | — | $100.0M | ||
| Q2 24 | — | $100.0M | ||
| Q1 24 | — | $100.0M |
股东权益LMNDRLI
| Q4 25 | $533.6M | $1.8B | ||
| Q3 25 | $516.2M | $1.9B | ||
| Q2 25 | $527.1M | $1.7B | ||
| Q1 25 | $545.5M | $1.6B | ||
| Q4 24 | $593.4M | $1.5B | ||
| Q3 24 | $593.0M | $1.7B | ||
| Q2 24 | $635.2M | $1.6B | ||
| Q1 24 | $676.4M | $1.5B |
总资产LMNDRLI
| Q4 25 | $1.9B | $6.2B | ||
| Q3 25 | $1.9B | $6.2B | ||
| Q2 25 | $1.9B | $6.0B | ||
| Q1 25 | $1.9B | $5.7B | ||
| Q4 24 | $1.8B | $5.6B | ||
| Q3 24 | $1.8B | $5.8B | ||
| Q2 24 | $1.7B | $5.5B | ||
| Q1 24 | $1.6B | $5.3B |
负债/权益比LMNDRLI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 0.06× | ||
| Q4 24 | — | 0.07× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | — | 0.07× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-16.5M | $156.8M |
| 自由现金流经营现金流 - 资本支出 | $-25.9M | $155.0M |
| 自由现金流率自由现金流/营收 | -11.4% | 33.3% |
| 资本支出强度资本支出/营收 | 4.1% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.72× |
| 过去12个月自由现金流最近4个季度 | $-69.4M | $608.7M |
8季度趋势，按日历期对齐
经营现金流LMNDRLI
| Q4 25 | $-16.5M | $156.8M | ||
| Q3 25 | $4.5M | $179.2M | ||
| Q2 25 | $5.5M | $174.7M | ||
| Q1 25 | $-47.2M | $103.5M | ||
| Q4 24 | $-11.4M | $128.1M | ||
| Q3 24 | $16.3M | $219.4M | ||
| Q2 24 | $-11.7M | $141.8M | ||
| Q1 24 | $-29.8M | $70.9M |
自由现金流LMNDRLI
| Q4 25 | $-25.9M | $155.0M | ||
| Q3 25 | $2.6M | $177.8M | ||
| Q2 25 | $3.4M | $173.4M | ||
| Q1 25 | $-49.5M | $102.5M | ||
| Q4 24 | $-20.8M | $127.6M | ||
| Q3 24 | $14.1M | $219.0M | ||
| Q2 24 | $-13.2M | $139.1M | ||
| Q1 24 | $-32.3M | $69.9M |
自由现金流率LMNDRLI
| Q4 25 | -11.4% | 33.3% | ||
| Q3 25 | 1.3% | 34.9% | ||
| Q2 25 | 2.1% | 34.7% | ||
| Q1 25 | -32.7% | 25.1% | ||
| Q4 24 | -14.0% | 29.0% | ||
| Q3 24 | 10.3% | 46.6% | ||
| Q2 24 | -10.8% | 33.4% | ||
| Q1 24 | -27.1% | 15.7% |
资本支出强度LMNDRLI
| Q4 25 | 4.1% | 0.4% | ||
| Q3 25 | 1.0% | 0.3% | ||
| Q2 25 | 1.3% | 0.3% | ||
| Q1 25 | 1.5% | 0.3% | ||
| Q4 24 | 6.3% | 0.1% | ||
| Q3 24 | 1.6% | 0.1% | ||
| Q2 24 | 1.2% | 0.7% | ||
| Q1 24 | 2.1% | 0.2% |
现金转化率LMNDRLI
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.64× | ||
| Q4 24 | — | 3.13× | ||
| Q3 24 | — | 2.31× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | — | 0.55× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LMND
暂无分部数据
RLI
| Casualty Segment | $246.8M | 53% |
| Property Insurance Segment | $122.5M | 26% |
| Other | $59.3M | 13% |
| Surety Insurance Segment | $37.1M | 8% |
