Financial insights of LMND

MyFinsight

For the quarter ending 2025-09-30, LMND made $194,500K in revenue. -$36,500K in net income. Net profit margin of -18.77%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	194,500	164,100	151,200	136,600
Loss and loss adjustment expense, net	89,600	77,500	85,400	77,900
Other insurance expense	24,100	21,400	26,100	19,800
Sales and marketing	57,400	59,600	43,200	51,400
Technology development	24,700	22,400	22,000	21,900
General and administrative	35,000	25,800	35,900	31,400
Total expense	230,800	206,700	212,600	202,400
Loss before income taxes	-36,300	-42,600	-61,400	-65,800
Income tax expense	1,200	1,300	1,000	1,900
Net loss	-37,500	-43,900	-62,400	-67,700
Unrealized gain on investments in fixed maturities	600	400	1,200	5,400
Foreign currency translation adjustment	400	7,200	1,500	3,100
Comprehensive loss	-36,500	-36,300	-59,700	-59,200

Net loss per share attributable to common stockholdersbasic (usd per share)	-0.51	-0.6	-0.86	-0.95
Net loss per share attributable to common stockholdersdiluted (usd per share)	-0.51	-0.6	-0.86	-0.95
Weighted average common shares outstandingbasic (in shares)	74,194,138	73,433,379	72,921,318	71,138,070
Weighted average common shares outstandingdiluted (in shares)	74,194,138	73,433,379	72,921,318	71,138,070