LMND Q4 2025 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q4 2025 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$228M+53.3% YoY

Gross Profit

$144M63.0% margin

Operating Income

-$21M-9.0% margin

Net Income

-$22M-9.5% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+17.3%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$18M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.4B

Stockholders' Equity

$534M

Cash & Equivalents

$397M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$228M	$149M	+53.3%
Gross Profit	$144M	$96M	+50.1%
Operating Income	-$21M	-$38M	+45.5%
Net Income	-$22M	-$30M	+27.7%

Revenue Segments

Reportable Segment

$228M100%