Lemonade Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

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
Debt Securities	777.7	722.9	634.9	673.2	750.1	801.8
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	380.3	396.8	385.7	271.5	286.5	270.6
Reinsurance Contract Assets	257.4	301.3	424	334.7	321.3	239.4
Deferred Acquisition Costs	16.1	12.1	12.2	8.8	6.9	6.2
Other Receivables	490.4	402.3	301.2	222	179.6	127
Net Property, Plant & Equipment	18.9	15.8	16.1	17.4	19.6	11.7
Other Intangible Assets	8.1	8.1	13.6	22.9	32.5	0.6
Goodwill	19	19	19	19	19	-
Other Assets	44	47.4	42.4	63.8	75.2	53.2
Total Assets	2,012	1,926	1,849	1,633	1,691	1,511
Unearned Premiums	661.7	577	455	353.7	288	207.7
Claims Reserves	307.5	303.1	298.1	262.3	256.2	97.9
Reinsurance Contract Liabilities	207.8	231.6	309	193.4	194.1	158.3
Accounts Payable	2.4	0.5	4.5	0.6	1.1	1
Total Debt	206.4	158.1	83.4	14.9	-	-
Other Liabilities	126.6	121.8	105.7	99.5	84.5	57.4
Total Liabilities	1,512	1,392	1,256	924.4	823.9	522.3
Additional Paid-in Capital	2,043	1,992	1,898	1,815	1,754	1,554
Accumulated Other Comprehensive Income	-0.3	6.4	-6.1	-9	-27.6	-3.4
Retained Earnings	-1,544	-1,464	-1,299	-1,097	-859.7	-561.9
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
Book Value	499.5	533.6	593.4	708.9	866.8	988.2
Book Value Per Share	6.60	7.22	8.36	10.18	13.35	16.14
Tangible Book Value	472.4	506.5	560.8	667	815.3	987.6
Tangible Book Value Per Share	6.24	6.85	7.90	9.58	12.56	16.13

SEC Filings: 10-K · 10-Q