Lemonade, Inc. (LMND)
NYSE: LMND · Real-Time Price · USD
54.51
+0.87 (1.62%)
Aug 27, 2026, 2:27 PM EDT - Market open
Lemonade Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Investments in Debt Securities | 768.5 | 708.8 | 607.4 | 627.4 | 650.3 | 691.4 |
Other Investments | 9.2 | 14.1 | 27.5 | 45.8 | 99.8 | 110.4 |
Total Investments | 777.7 | 722.9 | 634.9 | 673.2 | 750.1 | 801.8 |
Cash & Equivalents | 367.6 | 385 | 376 | 264.5 | 282.5 | 270.6 |
Reinsurance Recoverable | 132.1 | 153.4 | 170.4 | 138.4 | 156.8 | 89.8 |
Other Receivables | 490.4 | 421 | 315.5 | 250.1 | 209.3 | 144.9 |
Deferred Policy Acquisition Cost | 16.1 | 12.1 | 12.2 | 8.8 | 6.9 | 6.2 |
Property, Plant & Equipment | 18.9 | 35.6 | 31.3 | 34.8 | 46 | 33.6 |
Goodwill | 19 | 19 | 19 | 19 | 19 | - |
Other Intangible Assets | 8.1 | 6.4 | 11.9 | 21.2 | 32.2 | 0.6 |
Restricted Cash | 12.7 | 11.8 | 9.7 | 7 | 4 | - |
Other Current Assets | 125.3 | 156.7 | 263.6 | 209.4 | 178.5 | 160.2 |
Other Long-Term Assets | 44 | 1.8 | 4.6 | 6.9 | 5.4 | 2.8 |
Total Assets | 2,012 | 1,926 | 1,849 | 1,633 | 1,691 | 1,511 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 2.4 | 0.5 | 4.5 | 0.6 | 1.1 | 1 |
Accrued Expenses | 71.7 | 68.3 | 47.3 | 27.5 | 33.3 | 27.2 |
Insurance & Annuity Liabilities | 307.5 | 303.1 | 298.1 | 262.3 | 256.2 | 97.9 |
Unearned Premiums | 702.1 | 619.8 | 527.6 | 412.4 | 329.8 | 246.2 |
Reinsurance Payable | 178.4 | 195.9 | 246.2 | 152.8 | 154.4 | 121.8 |
Current Portion of Leases | - | 7.2 | - | - | - | - |
Current Income Taxes Payable | 0.2 | 0.6 | 1.5 | 1.2 | 0.6 | 4.7 |
Long-Term Debt | 206.4 | 158.1 | 83.4 | 14.9 | - | - |
Long-Term Leases | 20 | 16.8 | 23.8 | 28.2 | 35.2 | 22.3 |
Other Long-Term Liabilities | 23.7 | 21.8 | 23.3 | 24.5 | 13.3 | 1.2 |
Total Liabilities | 1,512 | 1,392 | 1,256 | 924.4 | 823.9 | 522.3 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Additional Paid-In Capital | 2,043 | 1,992 | 1,898 | 1,815 | 1,754 | 1,554 |
Retained Earnings | -1,544 | -1,464 | -1,299 | -1,097 | -859.7 | -561.9 |
Comprehensive Income & Other | -0.3 | 6.4 | -6.1 | -9 | -27.6 | -3.4 |
Total Common Equity | 499.5 | 533.6 | 593.4 | 708.9 | 866.8 | 988.2 |
Shareholders' Equity | 499.5 | 533.6 | 593.4 | 708.9 | 866.8 | 988.2 |
Total Liabilities & Equity | 2,012 | 1,926 | 1,849 | 1,633 | 1,691 | 1,511 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Filing Date Shares Outstanding | 77.4 | 76.38 | 72.82 | 70.22 | 69.3 | 61.69 |
Total Common Shares Outstanding | 77.33 | 75.91 | 72.72 | 70.16 | 69.28 | 61.66 |
Total Debt | 226.4 | 182.1 | 107.2 | 43.1 | 35.2 | 22.3 |
Net Cash (Debt) | 141.2 | 202.9 | 268.8 | 221.4 | 247.3 | 248.3 |
Net Cash Growth | -39.61% | -24.52% | 21.41% | -10.47% | -0.40% | -56.50% |
Net Cash Per Share | 1.87 | 2.74 | 3.78 | 3.18 | 3.81 | 4.06 |
Book Value Per Share | 6.46 | 7.03 | 8.16 | 10.10 | 12.51 | 16.03 |
Tangible Book Value | 472.4 | 508.2 | 562.5 | 668.7 | 815.6 | 987.6 |
Tangible Book Value Per Share | 6.11 | 6.70 | 7.74 | 9.53 | 11.77 | 16.02 |
Machinery | - | 50.8 | 41.4 | 32.8 | 24.4 | 13 |
Leasehold Improvements | - | 13.1 | 13.1 | 13 | 13.4 | 4.6 |