Lemonade, Inc. (LMND)
Lemonade, Inc. brought in $1.1B of revenue over the twelve months to September 30, 2026, up 69.5% from a year earlier. It posted a net loss of $144.6M. In fiscal 2025 capital spending exceeded operating cash flow by $25.9M. At September 30, 2026 it held $369.2M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Lemonade, Inc.
- Net worth
- Lemonade, Inc. has a market value (market cap) of $3.1B at the latest share price, and shareholders' equity of $471.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $737.9M (+40.2% year on year), with a net loss of $165.5M. Over the 12 months to September 30, 2026: revenue $1.1B, net loss $144.6M.
- Cash flow
- In fiscal 2025 operations used $16.5M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Lemonade, Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Lemonade, Inc. does
Lemonade, Inc. is registered with the SEC under industry code SIC 6331 (Fire, Marine & Casualty Insurance). Its shares trade on NYSE under the ticker LMND.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $737.9M | -$165.5M | -$2.24 | -$25.9M |
| 2024 | $526.5M | -$202.2M | -$2.85 | -$20.8M |
| 2023 | $429.8M | -$236.9M | -$3.40 | -$128.3M |
| 2022 | $256.7M | -$297.8M | -$4.59 | -$173.1M |
| 2021 | $128.4M | -$241.3M | -$3.94 | -$154M |
| 2020 | $94.4M | -$122.3M | -$3.63 | -$96.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LMND ranks in Finance
Latest SEC filings
What Lemonade, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 73% to $336.1M versus the same quarter last year; diluted EPS -$0.56 versus -$0.51.
- November 5, 2026
- October 15, 2026
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 79% to $294.4M versus the same quarter last year; diluted EPS -$0.56 versus -$0.60.
- July 29, 2026Passive stake changed SCHEDULE 13G/A
- July 29, 2026
- July 29, 2026
- July 27, 2026Passive stake changed SCHEDULE 13G/A
- June 24, 2026
Insider trades
What the people running Lemonade, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $907.7K worth of shares in the last 90 days and bought none on the open market. 19% of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 4, 2026 | Peters John SheldonChief Insurance Officer | Soldpre-planned (10b5-1) | 2,249 | $122.5K |
| September 3, 2026 | Bixby Timothy EChief Financial Officer | Sold | 1,893 | $103.4K |
| September 3, 2026 | Peters John SheldonChief Insurance Officer | Soldpre-planned (10b5-1) | 859 | $46.9K |
| September 3, 2026 | Prosor MayaChief Business Officer | Sold | 1,040 | $56.8K |
| September 2, 2026 | Wininger ShaiPresident, Director | Gave as a gift | 1,876 | - |
| August 13, 2026 | Peters John SheldonChief Insurance Officer | Sold | 11,000 | $578.1K |
| July 27, 2026 | Peters John SheldonChief Insurance Officer | Received as pay | 10,000 | - |
| July 7, 2026 | Bixby Timothy EChief Financial Officer | Soldpre-planned (10b5-1) | 73,000 | $5.8M |
Who owns LMND
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
12 insiders reported holding 8,037,760 shares in total, about $317.1M at the last price.
| Holder | Shares |
|---|---|
| Wininger ShaiPresident, Director | 4,416,873 |
| Schreiber Daniel A.Chief Executive Officer, Director | 2,538,7531,514,426 held indirectly |
| Eckstein AdinaChief Operating Officer | 333,503 |
| Eisenberg Michael ADirector | 195,452 |
| Prosor MayaChief Business Officer | 186,533 |
| Bixby Timothy EChief Financial Officer | 172,370 |
| Peters John SheldonChief Insurance Officer | 73,834 |
| Angelidis-Smith MariaDirector | 56,68838,944 held indirectly |
| Haj-Yehia SamerDirector | 27,187 |
| Schwartz DebraDirector | 24,415 |
Questions about LMND
What does Lemonade, Inc. do?
Lemonade, Inc. is a company in the Finance sector, listed on NYSE as LMND. Its shares trade on NYSE under the ticker LMND.
What is Lemonade, Inc.'s net worth?
Lemonade, Inc. has a market value (market cap) of $3.1B at the latest share price, and shareholders' equity of $471.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Lemonade, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $144.6M on revenue of $1.1B.
How much revenue does Lemonade, Inc. make?
Over the twelve months to September 30, 2026 Lemonade, Inc. reported revenue of $1.1B. That is 69.5% more than a year earlier.
When did Lemonade, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the shelf registration to sell securities from November 6, 2026.
When is Lemonade, Inc.'s next earnings report?
Lemonade, Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare LMND with
Follow LMND
Get an email when Lemonade, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Lemonade, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.