LMND Graph | Lemonade, Inc.

LMND Revenue Flow

Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

2026-06-30: Revenue $294.40M; Research and development $30.00M; Income tax $1.60M; Net income -$43.40M.
2026-03-31: Revenue $258.00M; Research and development $26.90M; Income tax $1.20M; Net income -$35.80M.
2025-12-31: Revenue $228.10M*; Research and development $24.80M*; Income tax $1.10M*; Net income -$22.20M*.
2025-09-30: Revenue $194.50M; Research and development $24.70M; Income tax $1.20M; Net income -$37.50M.

Segment

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period end	Revenue	Research and development	Income tax	Net income
2026-06-30	$294.40M	$30.00M	$1.60M	-$43.40M
2026-03-31	$258.00M	$26.90M	$1.20M	-$35.80M
2025-12-31	$228.10M*	$24.80M*	$1.10M*	-$22.20M*
2025-09-30	$194.50M	$24.70M	$1.20M	-$37.50M
2025-06-30	$164.10M	$22.40M	$1.30M	-$43.90M
2025-03-31	$151.20M	$22.00M	$1.00M	-$62.40M
2024-09-30	$136.60M	$21.90M	$1.90M	-$67.70M
2024-06-30	$122.00M	$21.20M	$2.10M	-$57.20M
2024-03-31	$119.10M	$20.90M	$2.10M	-$47.30M
2023-09-30	$114.50M	$21.80M	$1.90M	-$61.50M
2023-06-30	$104.60M	$24.10M	$1.30M	-$67.20M
2023-03-31	$95.20M	$21.80M	$1.10M	-$65.80M
2022-09-30	$74.00M	$21.40M	$2.30M	-$91.40M
2022-06-30	$50.00M	$17.80M	$2.90M	-$67.90M
2022-03-31	$44.30M	$16.90M	$2.20M	-$74.80M
2021-09-30	$35.70M	$14.30M	$2.20M	-$66.40M
2021-06-30	$28.20M	$14.00M	$2.70M	-$55.60M
2021-03-31	$23.50M	$7.10M	$900.00K	-$49.00M
2020-09-30	$17.80M	$5.30M	$400.00K	-$30.90M
2020-06-30	$29.90M	$4.20M	$300.00K	-$21.00M
2020-03-31	$26.20M	$3.50M	$300.00K	-$36.50M
2019-09-30	$19.00M	$2.80M	$100.00K	-$31.10M
2019-06-30	$13.80M	$2.10M	$100.00K	-$23.10M
2019-03-31	(m)	(m)	(m)	-$21.60M

Revenue and expense 6 month

Period end	Revenue	Research and development	Income tax	Net income
2026-06-30	$552.40M	$56.90M	$2.80M	-$79.20M
2025-06-30	$315.30M	$44.40M	$2.30M	-$106.30M
2024-06-30	$241.10M	$42.10M	$4.20M	-$104.50M
2023-06-30	$199.80M	$45.90M	$2.40M	-$133.00M
2022-06-30	$94.30M	$34.70M	$5.10M	-$142.70M
2021-06-30	$51.70M	$21.10M	$3.60M	-$104.60M
2020-06-30	$56.10M	$7.70M	$600.00K	-$57.50M
2019-06-30	$24.80M	$3.60M	$200.00K	-$44.70M

Revenue and expense 9 month

Period end	Revenue	Research and development	Income tax	Net income
2025-09-30	$509.80M	$69.10M	$3.50M	-$143.80M
2024-09-30	$377.70M	$64.00M	$6.10M	-$172.20M
2023-09-30	$314.30M	$67.70M	$4.30M	-$194.50M
2022-09-30	$168.30M	$56.10M	$7.40M	-$234.10M
2021-09-30	$87.40M	$35.40M	$5.80M	-$171.00M
2020-09-30	$73.90M	$13.00M	$1.00M	-$88.40M
2019-09-30	$43.80M	$6.40M	$300.00K	-$75.80M

Revenue and expense 12 month

Period end	Revenue	Research and development	Income tax	Net income
2025-12-31	$737.90M	$93.90M	$4.60M	-$166.00M
2024-12-31	$526.50M	$85.80M	-$1.70M	-$202.20M
2023-12-31	$429.80M	$88.80M	$7.10M	-$236.90M
2022-12-31	$256.70M	$79.60M	$3.00M	-$297.80M
2021-12-31	$128.40M	$51.80M	$7.70M	-$241.30M
2020-12-31	$94.40M	$19.40M	$1.50M	-$122.30M
2019-12-31	$67.30M	$9.80M	$600.00K	-$108.50M
2018-12-31	$22.50M	$4.70M	$300.00K	-$52.90M

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