Lemonade Financial Statements
NYSE: LMNDFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lemonade revenue and earnings
In fiscal 2025, Lemonade generated $737.9 million in revenue, up 40.2% from fiscal 2024, its 7th consecutive year of revenue growth. Lemonade reported a net loss of $165.5 million, compared with a loss of $202.2 million a year earlier. Diluted earnings per share came in at -$2.24.
Over the last 5 fiscal years, LMND's revenue has grown at a 50.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Lemonade income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 737.90M | 526.50M | 429.80M | 256.70M | 128.40M | 94.40M | 67.30M | 22.50M |
| Revenue growth (YoY) | +40.15% | +22.50% | +67.43% | +99.92% | +36.02% | +40.27% | +199.11% | — |
| Operating Expenses | 898.80M | 730.40M | 659.60M | 551.50M | 362.00M | 215.20M | 175.20M | 75.10M |
| Research & Development | 93.90M | 85.80M | 88.80M | 79.60M | 51.80M | 19.40M | 9.80M | 4.70M |
| Selling, General & Admin | 364.20M | 290.80M | 231.20M | 260.60M | 214.20M | 126.70M | 110.00M | 51.00M |
| Pretax Income | -160.90M | -203.90M | -229.80M | -294.80M | -233.60M | -120.80M | -107.90M | -52.60M |
| Income Tax | 4.60M | -1.70M | 7.10M | 3.00M | 7.70M | 1.50M | 600.00K | 300.00K |
| Net Income | -165.50M | -202.20M | -236.90M | -297.80M | -241.30M | -122.30M | -108.50M | -52.90M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — |
| EPS (Basic) | -2.24 | -2.85 | -3.40 | -4.59 | -3.94 | -3.63 | -9.75 | -4.84 |
| EPS (Diluted) | -2.24 | -2.85 | -3.40 | -4.59 | -3.94 | -3.63 | -9.75 | -4.84 |
| Shares Outstanding (Basic) | 73.94M | 71.02M | 69.66M | 64.92M | 61.22M | 33.65M | 11.12M | 10.93M |
| Shares Outstanding (Diluted) | 73.94M | 71.02M | 69.66M | 64.92M | 61.22M | 33.65M | 11.12M | 10.93M |
| Net Margin | -22.43% | -38.40% | -55.12% | -116.01% | -187.93% | -129.56% | -161.22% | -235.11% |
This table shows 8 annual periods of Lemonade's income statement, from FY 2025 back to FY 2018, across 12 line items including revenue, operating expenses, research & development. Values in USD; B = billions, M = millions. Fiscal periods follow LMND's reporting calendar. What is a income statement?