LMND Q3 2025 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q3 2025 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$195M+42.4% YoY

Gross Profit

$81M41.5% margin

Operating Income

-$36M-18.7% margin

Net Income

-$38M-19.3% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

+18.5%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.4B

Stockholders' Equity

$516M

Cash & Equivalents

$346M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$137M	+42.4%
Gross Profit	$81M	$39M	+107.7%
Operating Income	-$36M	-$66M	+44.8%
Net Income	-$38M	-$68M	+44.6%

Revenue Segments

Reportable Segment

$195M100%