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LMND · XBRL financial data

Lemonade financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

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How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal quarters (LMND's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Revenue115116*119122137149*151164195228*258294
Research and development2221*21212222*22222525*2730
General and administrative3729*30303134*36263543*4248
Income tax expense (benefit)23*222(8)*1111*12
Net income (loss)(62)(42)*(47)(57)(68)(30)*(62)(44)(38)(22)*(36)(43)
Earnings per share, basic USD per share(0.88)(0.61)*(0.67)(0.81)(0.95)(0.42)*(0.86)(0.60)(0.51)(0.29)*(0.47)(0.56)
Earnings per share, diluted USD per share(0.88)(0.61)*(0.67)(0.81)(0.95)(0.42)*(0.86)(0.60)(0.51)(0.29)*(0.47)(0.56)
Weighted average shares, basic millions of shares7070*70717172*73737475*7677
Weighted average shares, diluted millions of shares7070*70717172*73737475*7677

Balance sheet

CSV

Fiscal quarters (LMND's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Cash and cash equivalents232265279343330376309378346385374368
Short-term investments73462244312821212414209
Property and equipment, net171717161616161615161719
Right-of-use asset—17———15———20——
Goodwill191919191919191919191919
Total assets1,6481,6331,6461,7141,8231,8491,8571,9351,9191,9261,9582,012
Total liabilities9219249701,0791,2301,2561,3111,4081,4031,3921,4401,512
Accumulated deficit(1,054)(1,097)(1,144)(1,201)(1,269)(1,299)(1,361)(1,405)(1,443)(1,464)(1,500)(1,544)
Total stockholders' equity727709676635593593546527516534518500
Total liabilities and equity1,6481,6331,6461,7141,8231,8491,8571,9351,9191,9261,9582,012
Common shares outstanding (cover page) millions of shares707071717173737475767777

Cash flows

CSV

Fiscal quarters (LMND's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Net income (loss)(62)(42)*(47)(57)(68)(30)*(62)(44)(38)(22)*(36)(43)
Stock-based compensation15*14*1515*17*17*1015*17*19*2125*
Depreciation and amortization5*5*55*5*5*55*3*3*32*
Net cash from operating activities(6)*(16)*(30)(12)*16*14*(47)6*5*21*(1)(3)*
Purchases of property and equipment2*2*32*2*3*22*2*3*45*
Net cash from investing activities44*41*3161*(54)*3*(40)30*(59)*(19)*(35)(32)*
Net cash from financing activities8*7*1416*24*35*2024*24*39*2628*
Net change in cash44*33*1465*(12)*48*(66)66*(31)*41*(10)(6)*

Compare with peers

SIC 6331 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 6331 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($M)Revenue, quarter ($M)Operating cash flow, quarter ($M)Shares outstandingRunwayQuarter
Lemonade368294(3.4)*77.4M110.8 quarters 10-QJun 30, 2026
Skyward Specialty Insurance Group21949068*44.4M— 10-QJun 30, 2026
SiriusPoint615744(5.2)*116.2M118.2 quarters 10-QJun 30, 2026
Palomar Holdings63314167*26.3M— 10-QJun 30, 2026
KEMPER811,09331*58.9M— 10-QJun 30, 2026
White Mountains Insurance Group128845(56)*2.4M2.3 quarters 10-QJun 30, 2026
Mercury General1,3051,381387*55.4M— 10-QSep 30, 2026
Horace Mann Educators46444224*40.5M— 10-QJun 30, 2026
HCI Group872247125*12.4M— 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.