Lemonade, Inc. Income Statement
LMND / Financials|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
Lemonade, Inc. reported $738M in revenue and $166M in net loss for FY2025. Revenue has grown at a 64.6% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.10 (distress zone, below 1.8 threshold)
- Negative profit margin: -26.4%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $737.9M | $526.5M | $429.8M | $256.7M | $128.4M | $22.5M | $67.3M | $22.5M |
| SG&A Expense | $139.8M | $124.5M | $129.3M | $122.3M | $72.6M | $9.3M | $21.5M | $9.3M |
| R&D Expense | $93.9M | $85.8M | $88.8M | $79.6M | $51.8M | $4.7M | $9.8M | $4.7M |
| Income Tax | $4.6M | -$1.7M | $7.1M | $3.0M | $7.7M | $300.0K | $600.0K | $300.0K |
| Net Income | -$165.5M | -$202.2M | -$236.9M | -$297.8M | -$241.3M | -$52.9M | -$108.5M | -$52.9M |
| EPS (Basic) | -$2.24 | -$2.85 | -$3.40 | -$4.59 | -$3.94 | - | -$9.75 | - |
| EPS (Diluted) | -$2.24 | -$2.85 | -$3.40 | -$4.59 | -$3.94 | -$4.84 | -$9.75 | -$4.84 |
| Shares Outstanding | 75.9M | 72.7M | 70.2M | 69.3M | 61.7M | 11.3M | 11.1M | 10.9M |
| Profit Margin | -22.4% | -38.4% | -55.1% | -116.0% | -187.9% | -235.1% | -161.2% | -235.1% |