For the year ending 2025-12-31, LMND made $737,900K in revenue. -$153,000K in net income. Net profit margin of -20.73%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenue | 737,900 | 526,500 | 429,800 | 256,700 |
| Loss and loss adjustment expense, net | 347,000 | 277,000 | 280,400 | 167,300 |
| Other insurance expense | 93,700 | 76,800 | 59,200 | 44,000 |
| Sales and marketing | 224,400 | 166,300 | 101,900 | 138,300 |
| Technology development | 93,900 | 85,800 | 88,800 | 79,600 |
| General and administrative | 139,800 | 124,500 | 129,300 | 122,300 |
| Total expense | 898,800 | 730,400 | 659,600 | 551,500 |
| Loss before income taxes | -160,900 | -203,900 | -229,800 | -294,800 |
| Income tax expense (benefit) | 4,600 | -1,700 | 7,100 | 3,000 |
| Net loss | -165,500 | -202,200 | -236,900 | -297,800 |
| Unrealized gain on investments in fixed maturities | 2,400 | 5,600 | 18,600 | -18,400 |
| Foreign currency translation adjustment | 10,100 | -2,700 | 0 | -5,800 |
| Comprehensive loss | -153,000 | -199,300 | -218,300 | -322,000 |
| Basic EPS | -2.24 | -2.85 | -3.4 | -4.59 |
| Diluted EPS | -2.24 | -2.85 | -3.4 | -4.59 |
| Basic Average Shares | 73,943,632 | 71,023,115 | 69,658,912 | 64,921,524 |
| Diluted Average Shares | 73,943,632 | 71,023,115 | 69,658,912 | 64,921,524 |
Lemonade, Inc. (LMND)
Lemonade, Inc. (LMND)