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Lemonade, Inc. (LMND)

For the quarter ending 2025-06-30, LMND made $164,100K in revenue. -$36,300K in net income. Net profit margin of -22.12%.

Overview

Revenue
$164,100K
Net Income
-$36,300K
Net Profit Margin
-22.12%
EPS
-$0.6
Unit: Thousand (K) dollars
Revenue Breakdown
    • Net earned premium
    • Ceding commission income
    • Commission and other income
    • Net investment income

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenue164,100 151,200 136,600 122,000
Sales and marketing59,600 43,200 51,400 36,800
Technology development22,400 22,000 21,900 21,200
Loss and loss adjustment expense, net77,500 85,400 77,900 70,500
General and administrative25,800 35,900 31,400 29,800
Other insurance expense21,400 26,100 19,800 18,800
Total expense206,700 212,600 202,400 177,100
Loss before income taxes-42,600 -61,400 -65,800 -55,100
Income tax expense1,300 1,000 1,900 2,100
Net loss-43,900 -62,400 -67,700 -57,200
Unrealized gain on investments in fixed maturities400 1,200 5,400 1,300
Foreign currency translation adjustment7,200 1,500 3,100 -700
Comprehensive loss-36,300 -59,700 -59,200 -56,600
Net loss per share attributable to common stockholdersbasic (usd per share)-0.6 -0.86 -0.95 -0.81
Net loss per share attributable to common stockholdersdiluted (usd per share)-0.6 -0.86 -0.95 -0.81
Weighted average common shares outstandingbasic (in shares)73,433,379 72,921,318 71,138,070 70,721,227
Weighted average common shares outstandingdiluted (in shares)73,433,379 72,921,318 71,138,070 70,721,227
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Comprehensive loss-$36,300K (35.87%↑ Y/Y)Unrealized gain oninvestments in fixed...$400K (-69.23%↓ Y/Y)Foreign currencytranslation adjustment$7,200K (1128.57%↑ Y/Y)Net loss-$43,900K (23.25%↑ Y/Y)Ceding commissionincome$30,400K (84.24%↑ Y/Y)Commission and other income$11,800K (45.68%↑ Y/Y)Net investmentincome$9,400K (16.05%↑ Y/Y)Net earned premium$112,500K (25.98%↑ Y/Y)Loss before incometaxes-$42,600K (22.69%↑ Y/Y)Income tax expense$1,300K (-38.10%↓ Y/Y)Total revenue$164,100K (34.51%↑ Y/Y)Total expense$206,700K (16.71%↑ Y/Y)Other insuranceexpense$21,400K (13.83%↑ Y/Y)General andadministrative$25,800K (-13.42%↓ Y/Y)Loss and lossadjustment expense, net$77,500K (9.93%↑ Y/Y)Technology development$22,400K (5.66%↑ Y/Y)Sales and marketing$59,600K (61.96%↑ Y/Y)