Lemonade, Inc. Financial Summary

Quick Answer

Lemonade, Inc. reported Total Revenue of $737.90 million for fiscal year 2025.

Lemonade, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $737.90M
+40.2%
$526.50M
+22.5%
$429.80M
+67.4%
$256.70M
+99.9%
$128.40M
+36.0%
$94.40M
+40.3%
Net Income -$165.50M
+18.2%
-$202.20M
+14.6%
-$236.90M
+20.4%
-$297.80M
-23.4%
-$241.30M
-97.3%
-$122.30M
-12.7%
Diluted EPS -$2.24
+21.4%
-$2.85
+16.2%
-$3.40
+25.9%
-$4.59
-16.5%
-$3.94
-8.5%
-$3.63
+62.8%
Total Assets $1.93B
+4.1%
$1.85B
+13.2%
$1.63B
-3.4%
$1.69B
+11.9%
$1.51B
+82.3%
$828.70M
+100.0%
Stockholders Equity $533.60M
-10.1%
$593.40M
-16.3%
$708.90M
-18.2%
$866.80M
-12.3%
$988.20M
+82.7%
$541.00M
+396.4%
R&D Expense $93.90M
+9.4%
$85.80M
-3.4%
$88.80M
+11.6%
$79.60M
+53.7%
$51.80M
+167.0%
$19.40M
+98.0%
Shares Outstanding 75.91M
+4.4%
72.72M
+3.6%
70.16M
+1.3%
69.28M
+12.3%
61.66M
+8.6%
56.77M
+403.7%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $194.50M +42.4% +18.5%
Net Income September 30, 2025 -$37.50M +44.6% +14.6%
Diluted EPS September 30, 2025 -$0.51 +46.3% +15.0%
Total Assets September 30, 2025 $1.92B +5.3% -0.8%
Cash and Equivalents June 30, 2022 $199.60M -26.2%
Stockholders Equity September 30, 2025 $516.20M -13.0% -2.1%
R&D Expense September 30, 2025 $24.70M +12.8% +10.3%
Shares Outstanding September 30, 2025 74.67M +4.6% +1.1%
  • Lemonade, Inc. reported Total Revenue of $737.90 million for fiscal year 2025.
  • Lemonade, Inc. showed an increase of +40.2% in Total Revenue compared to the prior fiscal year.
  • Lemonade, Inc. reported Net Income of -$165.50 million for fiscal year 2025.
  • Lemonade, Inc. showed an increase of +18.2% in Net Income compared to the prior fiscal year.
  • Lemonade, Inc. reported Diluted EPS of $2.24 per share (loss) for fiscal year 2025.
  • Lemonade, Inc. showed an increase of +21.4% in Diluted EPS compared to the prior fiscal year.
  • Lemonade, Inc. reported Total Assets of $1.93 billion for fiscal year 2025.
  • Lemonade, Inc. showed an increase of +4.1% in Total Assets compared to the prior fiscal year.
  • Lemonade, Inc. reported Stockholders Equity of $533.60 million for fiscal year 2025.
  • Lemonade, Inc. showed a decrease of -10.1% in Stockholders Equity compared to the prior fiscal year.
  • Lemonade, Inc. reported R&D Expense of $93.90 million for fiscal year 2025.
  • Lemonade, Inc. showed an increase of +9.4% in R&D Expense compared to the prior fiscal year.
  • Lemonade, Inc. reported Shares Outstanding of 75.91 million shares for fiscal year 2025.
  • Lemonade, Inc. showed an increase of +4.4% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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