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LMND Q1 2024 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena
LMND
Lemonade, Inc.
$4B
Q1 2024 Earnings
Financial Services
Insurance - Property & Casualty
Income Statement
Revenue
$119M
+25.1% YoY
Gross Profit
$36M
30.1% margin
Operating Income
-$45M
-38.0% margin
Net Income
-$47M
-39.7% margin
EPS (Diluted)
$-0.67
QoQ Revenue Growth
+3.1%
Cash Flow
Operating Cash Flow
-$30M
Free Cash Flow
-$32M
Stock-Based Comp.
$15M
Balance Sheet
Total Assets
$1.6B
Total Liabilities
$970M
Stockholders' Equity
$676M
Cash & Equivalents
$279M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$119M
$95M
+25.1%
Gross Profit
$36M
$18M
+99.4%
Operating Income
-$45M
-$65M
+30.1%
Net Income
-$47M
-$66M
+28.1%
← FY 2024
All Quarters
Q2 2024 →