FY2025 · ended Dec 31, 2025 · Revenue $737.90M, +40.2% YoY · Filed Feb 25, 2026
Lemonade, Inc. (LMND) files with the SEC under industry code 6331, Fire, Marine & Casualty Insurance. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $737.9 million and a net loss of $165.5 million. Free cash flow was -$25.9 million. As of Jun 30, 2026 it held $376.8 million in cash and investments and $20.0 million in total debt.
Revenue (TTM)
$975.00M
+62.3% vs year-ago TTM
Net income (TTM)
$-138.40M
+32.2% vs year-ago TTM
Operating cash flow (TTM)
$21.20M
+282.8% vs year-ago TTM
Free cash flow (TTM)
$8.10M
+137.9% vs year-ago TTM
EPS (TTM)
$-1.83
+35.1% vs year-ago TTM
Dividend per share
None
Shares outstanding
76.38M
+4.9% vs prior year
Net cash
$356.80M
as of Jun 30, 2026
Operating margin
—
Company profile
- Industry
- Fire, Marine & Casualty Insurance (SIC 6331)
- Listed as
- LMND (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1691421
Other Fire, Marine & Casualty Insurance companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $737.9M | $526.5M | $429.8M | $256.7M | $128.4M |
| Net income | -$165.5M | -$202.2M | -$236.9M | -$297.8M | -$241.3M |
| Diluted EPS | -$2.24 | -$2.85 | -$3.40 | -$4.59 | -$3.94 |
| Operating cash flow | -$16.5M | -$11.4M | -$119.1M | -$163.0M | -$144.6M |
| Free cash flow | -$25.9M | -$20.8M | -$128.3M | -$173.1M | -$154.0M |
| Total assets | $1.9B | $1.8B | $1.6B | $1.7B | $1.5B |
| Total liabilities | $1.4B | $1.3B | $924.4M | $823.9M | $522.3M |
| Stockholders' equity | $533.6M | $593.4M | $708.9M | $866.8M | $988.2M |
| Cash and investments | $399.1M | $403.5M | $310.3M | $382.3M | $381.0M |
| Total debt | $24.0M | $23.8M | $28.2M | $35.2M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K/A |
Amended current report
Officer or director change
|
Oct 15, 2026 | Jul 27, 2026 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 29, 2026 | Jul 27, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Jun 24, 2026 | Jun 22, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 5, 2026 | Jun 3, 2026 |
All 528 Lemonade, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.