LMND FY 2023 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

FY 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$430M+67.4% YoY

Gross Profit

$90M21.0% margin

Operating Income

-$230M-53.5% margin

Net Income

-$237M-55.1% margin

EPS (Diluted)

$-3.40

Cash Flow

Operating Cash Flow

-$119M

Free Cash Flow

-$128M

Stock-Based Comp.

$60M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$924M

Stockholders' Equity

$709M

Cash & Equivalents

$265M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$430M	$257M	+67.4%
Gross Profit	$90M	$28M	+217.6%
Operating Income	-$230M	-$295M	+22.0%
Net Income	-$237M	-$298M	+20.4%