For the quarter ending 2025-09-30, LMND has $1,918,800K in assets. $1,402,600K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Fixed maturities available-for-sale, at fair value (amortized cost 679.3 million and 607.1 million as of september30, 2025 and december31, 2024, respectively) | 681,800 | 624,500 | 655,600 | 607,400 |
| Total investments | 705,300 | 645,800 | 676,100 | 634,900 |
| Cash, cash equivalents and restricted cash | 355,500 | 386,000 | 319,700 | 385,700 |
| Premium receivable, net of allowance for credit losses of 3.1 million and 2.8 million as of september30, 2025 and december31, 2024, respectively | 395,300 | 346,700 | 317,800 | 301,200 |
| Reinsurance recoverable | 167,700 | 177,800 | 182,300 | 170,400 |
| Prepaid reinsurance premium | 203,400 | 281,600 | 263,500 | 253,600 |
| Deferred acquisition costs | 13,500 | 12,600 | 11,400 | 12,200 |
| Property and equipment, net | 15,300 | 16,000 | 16,200 | 16,100 |
| Gross carrying amount | - | - | - | 37,800 |
| Accumulated amortization | - | - | - | 24,200 |
| Intangible assets | 8,100 | 8,800 | 11,200 | 13,600 |
| Goodwill | 19,000 | 19,000 | 19,000 | 19,000 |
| Other assets | 35,700 | 40,300 | 39,400 | 42,400 |
| Total assets | 1,918,800 | 1,934,600 | 1,856,600 | 1,849,100 |
| Unpaid loss and loss adjustment expense | 312,100 | 309,800 | 307,300 | 298,100 |
| Unearned premium | 567,900 | 509,500 | 476,200 | 455,000 |
| Trade payables | 5,100 | 2,300 | 3,400 | 4,500 |
| Funds held for reinsurance treaties | 202,500 | 240,100 | 225,100 | 219,600 |
| Deferred ceding commission | 50,000 | 68,400 | 61,000 | 65,600 |
| Ceded premium payable | 19,000 | 29,700 | 26,200 | 23,800 |
| Borrowings under financing agreement | 139,000 | 123,500 | 101,900 | 83,400 |
| Due to related party (less than for december 31,2024) | 107,000 | 124,200 | 110,000 | 105,700 |
| Total liabilities | 1,402,600 | 1,407,500 | 1,311,100 | 1,255,700 |
| Additional paid-in capital | 1,953,600 | 1,928,000 | 1,910,100 | 1,898,300 |
| Accumulated deficit | -1,442,600 | -1,405,100 | -1,361,200 | -1,298,800 |
| Accumulated other comprehensive income (loss) | 5,200 | 4,200 | -3,400 | -6,100 |
| Total stockholders' equity | 516,200 | 527,100 | 545,500 | 593,400 |
| Total liabilities and stockholders' equity | 1,918,800 | 1,934,600 | 1,856,600 | 1,849,100 |
Lemonade, Inc. (LMND)
Lemonade, Inc. (LMND)