Lemonade Income Statement

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
Net Premiums Earned	784.1	536.3	370.6	315.2	172.4	77
Investment Income	38.4	37.8	34	24.7	8.4	1.9
Total Other Revenues	152.5	163.8	121.9	89.9	75.9	49.5
Revenue	975	737.9	526.5	429.8	256.7	128.4
Revenue Growth	62.31%	40.15%	22.50%	67.43%	99.92%	36.02%
Insurance Benefits & Claims	471.4	347	277	280.4	167.3	71.9
Policy Amortization Costs	97	93.7	76.8	59.2	44	24.1
Other Operating Expenses	539.9	458.1	376.6	320	340.2	266
Operating Income	-133.3	-160.9	-203.9	-229.8	-294.8	-233.6
Pretax Income	-133.3	-160.9	-203.9	-229.8	-294.8	-233.6
Provision for Income Taxes	5.1	4.6	-1.7	7.1	3	7.7
Net Income	-138.4	-165.5	-202.2	-236.9	-297.8	-241.3
Net Income to Common	-138.4	-165.5	-202.2	-236.9	-297.8	-241.3
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	76	74	71	70	65	61
Shares Outstanding (Diluted)	76	74	71	70	65	61
Shares Change	4.58%	4.11%	1.96%	7.30%	6.04%	81.92%
EPS (Basic)	-1.83	-2.24	-2.85	-3.40	-4.59	-3.94
EPS (Diluted)	-1.83	-2.24	-2.85	-3.40	-4.59	-3.94
EPS Growth	-	-	-	-	-	-
Free Cash Flow	8.1	-25.9	-20.8	-128.3	-173.1	-154
Free Cash Flow Growth	-	-	-	-	-	-
Free Cash Flow Per Share	0.11	-0.35	-0.29	-1.84	-2.67	-2.52
Operating Margin	-13.67%	-21.81%	-38.73%	-53.47%	-114.84%	-181.93%
Profit Margin	-14.19%	-22.43%	-38.40%	-55.12%	-116.01%	-187.93%
FCF Margin	0.83%	-3.51%	-3.95%	-29.85%	-67.43%	-119.94%
EBITDA	-122.2	-145.7	-183.9	-209.8	-282.6	-229.9
EBITDA Margin	-12.53%	-19.75%	-34.93%	-48.81%	-110.09%	-179.05%
EBIT	-133.3	-160.9	-203.9	-229.8	-294.8	-233.6
EBIT Margin	-13.67%	-21.81%	-38.73%	-53.47%	-114.84%	-181.93%
Effective Tax Rate	-3.83%	-2.86%	0.83%	-3.09%	-1.02%	-3.30%

SEC Filings: 10-K · 10-Q