LMND Q2 2024 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q2 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$122M+16.6% YoY

Gross Profit

$33M26.8% margin

Operating Income

-$55M-45.2% margin

Net Income

-$57M-46.9% margin

EPS (Diluted)

$-0.81

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$13M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$635M

Cash & Equivalents

$343M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$122M	$105M	+16.6%
Gross Profit	$33M	$14M	+138.7%
Operating Income	-$55M	-$66M	+16.4%
Net Income	-$57M	-$67M	+14.9%