Lemonade (LMND)
Digital insurer for renters, home, car, pet, and life coverage across the US and Europe.
$47.70
After hours0.00 (0.00%)
At close$47.70(−0.33%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 116 | 119 | 122 | 137 | 149 | 151 | 164 | 195 | 228 | 234 | 274 |
| Cost of revenue | 91 | 59 | 83 | 89 | 98 | 53 | 112 | 99 | 114 | 85 | 133 | 154 |
| Gross profit | 24 | 57 | 36 | 33 | 39 | 96 | 40 | 65 | 81 | 144 | 101 | 120 |
| 83 | 96 | 81 | 88 | 105 | 134 | 101 | 108 | 117 | 164 | 136 | 162 | |
| 61 | 54 | 60 | 67 | 83 | 81 | 79 | 85 | 92 | 107 | 108 | 126 | |
| Selling & marketing | 24 | 25 | 30 | 37 | 51 | 48 | 43 | 60 | 57 | 64 | 66 | 78 |
| General & administrative | 37 | 29 | 30 | 30 | 31 | 34 | 36 | 26 | 35 | 43 | 42 | 48 |
| Other expenses | 22 | 43 | 21 | 21 | 22 | 52 | 22 | 22 | 25 | 57 | 27 | 36 |
| Operating income | −60 | −40 | −45 | −55 | −66 | −38 | −61 | −43 | −36 | −21 | −35 | −42 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 1 | 1 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Income before tax | −60 | −40 | −45 | −55 | −66 | −38 | −61 | −43 | −36 | −21 | −35 | −42 |
| Income tax expense | 2 | 3 | 2 | 2 | 2 | −8 | 1 | 1 | 1 | 1 | 1 | 2 |
| Net income from continuing operations | −62 | −42 | −47 | −57 | −68 | −30 | −62 | −44 | −38 | −22 | −36 | −43 |
| Net income | −62 | −42 | −47 | −57 | −68 | −30 | −62 | −44 | −38 | −22 | −36 | −43 |
| EPS, basic | −$0.88 | −$0.61 | −$0.67 | −$0.81 | −$0.95 | −$0.42 | −$0.86 | −$0.60 | −$0.51 | −$0.33 | −$0.47 | −$0.56 |
| EPS, diluted | −$0.88 | −$0.61 | −$0.67 | −$0.81 | −$0.95 | −$0.42 | −$0.86 | −$0.60 | −$0.51 | −$0.33 | −$0.47 | −$0.56 |
| Weighted average shares, basic | 70 | 70 | 70 | 71 | 71 | 71 | 73 | 73 | 74 | 72 | 76 | 77 |
| Weighted average shares, diluted | 70 | 70 | 70 | 71 | 71 | 71 | 73 | 73 | 74 | 72 | 76 | 77 |
| EBITDA | −55 | −35 | −40 | −50 | −61 | −33 | −57 | −38 | −33 | −18 | −32 | −39 |
| Depreciation & amortization | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 3 | 3 | 3 | 2 |
| EBIT | −60 | −40 | −45 | −55 | −66 | −38 | −61 | −43 | −36 | −21 | −35 | −42 |
