Lemonade, Inc.
LMND NYSE· Fire, Marine & Casualty Insurance
Last close · Oct 23, 2026
$44.92
KIRA · Stoqly’s AI analyst, in plain words
- Lemonade, Inc. had $738M of revenue in fiscal 2025, up 40.2% on the year before. Over five years, revenue changed +50.9% a year on average.
- Lemonade, Inc. lost $166M in fiscal 2025.
- Free cash flow was −$25.9M in fiscal 2025, −3.5% of revenue.
Market cap
$3.5B
P/E
—
Revenue
$738M
Net income
−$166M
Free cash flow
−$25.9M
Operating margin
—
Lemonade, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+40.2%
Yes. Sales grew 40.2% last year.
Does it make a profit?
−22.4%
No. It lost money last year.
Does profit turn into cash?
−3.5%
No. It spent more cash than it brought in.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Lemonade, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- Lemonade, Inc.
- CIK
- 0001691421
Lemonade, Inc. · LMND
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $128M | $257M | $430M | $527M | $738M |
| Revenue growth | 36.0% | 99.9% | 67.4% | 22.5% | 40.2% |
| Net income | −$241M | −$298M | −$237M | −$202M | −$166M |
| Net margin | −187.9% | −116.0% | −55.1% | −38.4% | −22.4% |
| Diluted EPS | −$3.94 | −$4.59 | −$3.40 | −$2.85 | −$2.24 |
| Cash | |||||
| Cash from operations | −$145M | −$163M | −$119M | −$11.4M | −$16.5M |
| Capital expenditure | $9.4M | $10.1M | $9.2M | $9.4M | $9.4M |
| Free cash flow | −$154M | −$173M | −$128M | −$20.8M | −$25.9M |
| FCF margin | −119.9% | −67.4% | −29.9% | −4.0% | −3.5% |
| Share count change | 81.9% | 6.0% | 7.3% | 2.0% | 4.1% |
| Debt and strength | |||||
| Cash and short-term investments | $381M | $382M | $310M | $404M | $399M |
| Shareholders' equity | $988M | $867M | $709M | $593M | $534M |
| Returns and quality | |||||
| Return on equity | −31.6% | −32.1% | −30.1% | −31.1% | −29.4% |
| Return on tangible equity | −24.4% | −36.5% | −35.5% | −36.1% | −32.7% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$37.7M
6 insiders
Of sales under plans
89%
$33.6M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Lemonade, Inc. · LMND
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $44.92 a share, the company is worth $3.5B.
Source: SEC EDGAR XBRL filings (CIK 0001691421). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.