LMND Q3 2024 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q3 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$137M+19.3% YoY

Gross Profit

$39M28.5% margin

Operating Income

-$66M-48.2% margin

Net Income

-$68M-49.6% margin

EPS (Diluted)

$-0.95

QoQ Revenue Growth

+12.0%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$14M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.2B

Stockholders' Equity

$593M

Cash & Equivalents

$330M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$137M	$115M	+19.3%
Gross Profit	$39M	$24M	+65.5%
Operating Income	-$66M	-$60M	-10.4%
Net Income	-$68M	-$62M	-10.1%