Lemonade, Inc. (LMND)

Net Premiums Written

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Gross Written Premium	1.26B	1.17B	929.00M
Gross Written Premium Growth	7.66%	26.08%	25.81%
Ceded Written Premium	-338.90M	-407.80M	-513.90M

Net Premiums Earned

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Gross Earned Premium	1.12B	1.05B	827.30M
Gross Earned Premium Growth	6.91%	27.02%	23.05%
Ceded Earned Premium	-478.80M	-514.50M	-456.70M

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Customers	3.14M	2.98M	2.43M
Customers Growth	5.30%	22.82%	19.89%
In Force Premium	1.33B	1.24B	943.70M
In Force Premium Growth	7.82%	31.03%	26.28%
Premium Per Customer	424.00	414.00	388.00
Premium Per Customer Growth	2.42%	6.70%	5.15%
Annual Dollar Retention	85.00%	85.00%	86.00%
Gross Loss Ratio	-	64.00%	73.00%
Net Loss Ratio	-	65.00%	75.00%

Updated Apr 30, 2026. Data Source: Fiscal.ai.