Income Statement
LEMONADE, INC.
LMND
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
737.90 | 526.50 | 429.80 | 256.70 | 128.40 | 94.40 |
|
Cost of Revenue
|
- | - | - | - | - | - |
|
Gross Profit
|
737.90 | 526.50 | 429.80 | 256.70 | 128.40 | 94.40 |
|
Operating Expenses
|
233.70 | 210.30 | 218.10 | 201.90 | 124.40 | 65.70 |
|
Research & Development
|
93.90 | 85.80 | 88.80 | 79.60 | 51.80 | 19.40 |
|
Selling, General & Administrative
|
224.40 | 166.30 | 129.30 | 138.30 | 141.60 | 80.40 |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
504.20 | 316.20 | 211.70 | 54.80 | 4.00 | 28.70 |
|
Non-Operating Income
|
665.10 | 520.10 | 441.50 | 349.60 | 237.60 | 149.50 |
|
Interest Income
|
- | - | - | - | - | - |
|
Interest Expense
|
17.30 | 6.20 | 0.40 | - | - | - |
|
Other Non-Op Income / Expense
|
- | - | - | - | - | - |
|
Income Before Tax
|
-160.90 | -203.90 | -229.80 | -294.80 | -233.60 | -120.80 |
|
Income Tax Expense
|
4.60 | -1.70 | 7.10 | 3.00 | 7.70 | 1.50 |
|
Non-Controlling Interest
|
- | - | - | - | - | - |
|
Net Income
|
-165.50 | -202.20 | -236.90 | -297.80 | -241.30 | -122.30 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
519.40 | 336.20 | 231.70 | 67.00 | 4.00 | 28.70 |
|
Earnings Per Share (Basic)
|
-2.24 | -2.85 | -3.40 | -4.59 | -3.94 | - |
|
Diluted EPS
|
-2.24 | -2.85 | -3.40 | -4.59 | -3.94 | - |
|
Weighted Average Shares
|
73.94 | 71.02 | 69.66 | 64.92 | 61.22 | - |
|
Diluted Weighted Avg Shares
|
73.94 | 71.02 | 69.66 | 64.92 | 61.22 | - |
|
Comprehensive Income
|
-153.00 | -199.30 | -218.30 | -322.00 | -246.50 | -120.60 |