LMND FY 2024 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

FY 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$527M+22.5% YoY

Gross Profit

$173M32.8% margin

Operating Income

-$204M-38.7% margin

Net Income

-$202M-38.4% margin

EPS (Diluted)

$-2.85

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$21M

Stock-Based Comp.

$65M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$593M

Cash & Equivalents

$376M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$527M	$430M	+22.5%
Gross Profit	$173M	$90M	+91.5%
Operating Income	-$204M	-$230M	+11.3%
Net Income	-$202M	-$237M	+14.6%