Lemonade, Inc. LMND R2K
Financial Services · Insurance - Property & Casualty · United States
Lemonade, Inc. provides various insurance products in the United States, Europe, Louisiana, and the United Kingdom. The company provides renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products. It also offers insurance for stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.
READ MORE ›$58.00
+73.13% 1Y
Market & Price
Market Cap
$4.46B
Current Price
$58.00
High / Low (52W)
$96.57 / $33.50
Beta
1.85
Valuation
Stock P/E
-
Industry PE
12.01
Forward P/E
-
PEG Ratio
-
Book Value
$6.75
Price to Book
8.60
P/S
5.27
EV/EBITDA
-45.54
Dividend Yield
-
Profitability & Returns
ROCE
-
ROE
-26.12%
ROA
-3.51%
Profit Margin
-16.44%
Op Margin
-11.01%
EPS (Latest Qtr)
$-0.47
EPS (TTM)
$-2.09
Balance Sheet & Liquidity
Debt/Equity
0.39
Quick Ratio
0.93
Current Ratio
1.24
Debt
$200.40M
Total Assets
$1.93B
Current Assets
-
Working Capital
-
Ownership
Promoter Holding
8.73%
Chg in Prom Hold
-
FII / Inst Holding
59.50%
Chg in FII Hold
-0.01%
Financial Snapshot
Enterprise Value
$4.26B
Total Revenue (TTM)
$844.70M
EBITDA
$-93.60M
Free Cash Flow
$90.90M
Operating Cash Flow
$30.10M
Shares Outstanding
76.82M
Gross Margin
53.25%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
42.19%
Profit 5Y
14.81%
Revenue (YoY)
70.60%
Earnings (YoY)
-
PROS
- Compounding revenue at 42.2% over 5 years.
- Profit CAGR of 14.8% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 39.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | LMND Lemonade, Inc. R2K | 58.00 | - | $4.46B | - | - | -26.12% | 42.19% | 14.81% |
| 2 | JPM JPMorgan Chase & Co. SPX | 299.31 | 14.33 | $802.00B | 2.00% | - | 16.47% | 12.50% | 14.83% |
| 3 | V Visa Inc. SPX | 326.36 | 28.48 | $620.65B | 0.82% | 38.38% | 60.35% | 10.92% | 10.28% |
| 4 | MA Mastercard Incorporated SPX | 493.98 | 28.57 | $436.47B | 0.70% | 61.47% | - | 13.82% | 14.66% |
| 5 | MS Morgan Stanley SPX | 208.00 | 18.84 | $328.08B | 1.92% | - | 16.39% | 9.52% | 15.20% |
| 6 | GS The Goldman Sachs Group, Inc. SPX | 1,025.56 | 18.73 | $302.55B | 1.76% | - | 14.55% | 7.16% | 15.11% |
| 7 | WFC Wells Fargo & Company SPX | 77.54 | 11.98 | $237.29B | 2.32% | - | 12.03% | 4.02% | 15.98% |
| 8 | BLK BlackRock, Inc. SPX | 1,046.88 | 26.32 | $162.51B | 2.19% | 4.89% | 11.90% | 10.65% | 2.36% |
| 9 | SCHW The Charles Schwab Corporation SPX | 87.35 | 17.37 | $151.91B | 1.47% | - | 19.08% | 4.83% | 7.21% |
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Quarterly Results
Figures in USD.
| Metric | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 13.80M | 19.00M | 26.20M | 29.90M | 17.80M | 23.50M | 28.20M | 35.70M | 44.30M | 50.00M | 74.00M | 95.20M | 104.60M | 114.50M | 119.10M | 122.00M | - | 151.20M | 164.10M | 194.50M | 228.10M | 258.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -61.40M | -42.60M | -36.30M | -20.60M | -34.60M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00M | 1.30M | 1.20M | 1.10M | 1.20M |
| Net Income | -21.60M | -23.10M | -31.10M | -36.50M | -21.00M | -30.90M | -49.00M | -55.60M | -66.40M | -74.80M | -67.90M | -91.40M | -65.80M | -67.20M | -61.50M | -47.30M | -57.20M | - | -62.40M | -43.90M | -37.50M | -21.70M | -35.80M |
| Diluted EPS | - | - | - | -3.16 | -1.77 | -0.57 | -0.81 | -0.90 | -1.08 | -1.21 | -1.10 | -1.37 | -0.95 | -0.97 | -0.88 | -0.67 | -0.81 | -0.95 | -0.86 | -0.60 | -0.51 | - | -0.47 |
| R&D Expense | - | 2.10M | 2.80M | 3.50M | 4.20M | 5.30M | 7.10M | 14.00M | 14.30M | 16.90M | 17.80M | 21.40M | 21.80M | 24.10M | 21.80M | 20.90M | 21.20M | 21.90M | 22.00M | 22.40M | 24.70M | - | 26.90M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22.50M | 67.30M | 94.40M | 128.40M | 256.70M | 429.80M | 526.50M | 737.90M |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | -294.80M | -229.80M | -203.90M | -160.90M |
| Tax Provision | - | - | - | - | 3.00M | 7.10M | -1.70M | 4.60M |
| Net Income | -52.90M | -108.50M | -122.30M | -241.30M | -297.80M | -236.90M | -202.20M | -165.50M |
| Diluted EPS | - | -9.75 | -3.63 | -3.94 | -4.59 | -3.40 | -2.85 | -2.24 |
| R&D Expense | 4.70M | 9.80M | 19.40M | 51.80M | 79.60M | 88.80M | 85.80M | 93.90M |
Compounded Sales Growth
| 5 Years: | 42.19% |
| 1 Year: | 70.60% |
Compounded Profit Growth
| 5 Years: | 14.81% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +73.13% |
| 6 Months: | -21.62% |
| 3 Months: | +12.10% |
| 1 Month: | +3.57% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 414.30M | 828.70M | - | 1.69B | 1.63B | 1.85B | 1.93B |
| Current Assets | - | - | - | - | - | - | - | - | - |
| Cash & Equivalents | - | - | 270.00M | 570.80M | - | 282.50M | 264.50M | 376.00M | 385.00M |
| Inventory | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | 336.40M | 360.40M | 471.60M | 555.70M |
| Total Liabilities | - | - | 116.60M | 287.70M | - | 823.90M | 924.40M | 1.26B | 1.39B |
| Current Liabilities | - | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - | - | 14.90M | 83.40M | 158.10M |
| Total Debt | - | - | - | - | - | 35.20M | 43.10M | 107.20M | 182.10M |
| Total Equity | -28.40M | -79.10M | -182.50M | 541.00M | - | 866.80M | 708.90M | 593.40M | 533.60M |
| Shares Outstanding | - | - | - | - | - | 69.28M | 70.16M | 72.72M | 75.91M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -40.80M | -78.10M | -91.70M | - | -163.00M | -119.10M | -11.40M | -16.50M |
| Investing Cash Flow | 6.40M | -54.00M | 50.10M | - | 181.10M | 88.70M | 40.60M | -89.10M |
| Financing Cash Flow | 119.90M | 300.10M | 341.10M | - | 3.60M | 15.40M | 87.70M | 106.60M |
| Capital Expenditure | -700.00K | -2.70M | -4.40M | - | -10.10M | -9.20M | -9.40M | -9.40M |
| Free Cash Flow | -41.50M | -80.80M | -96.10M | - | -173.10M | -128.30M | -20.80M | -25.90M |
| Net Change in Cash | - | - | - | - | 21.70M | -15.00M | 116.90M | 1.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - |
| Net Margin % | -235.1% | -161.2% | -129.6% | -187.9% | -116.0% | -55.1% | -38.4% | -22.4% |
| ROE % | 66.9% | 59.5% | -22.6% | - | -34.4% | -33.4% | -34.1% | -31.0% |
| ROCE % | - | - | - | - | - | - | - | - |
Shareholding Pattern
Insiders
8.73%
Institutions
59.50%
Public Float
65.19%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | JPMORGAN CHASE & CO | 6.85% | 5.26M | $305.24M |
| 2 | Blackrock Inc. | 6.47% | 4.97M | $288.20M |
| 3 | Vanguard Capital Management LLC | 3.93% | 3.02M | $175.05M |
| 4 | Vanguard Portfolio Management LLC | 3.88% | 2.98M | $172.95M |
| 5 | BAILLIE GIFFORD & CO | 3.60% | 2.77M | $160.45M |
| 6 | Geode Capital Management, LLC | 2.23% | 1.72M | $99.52M |
| 7 | State Street Corporation | 2.02% | 1.55M | $90.16M |
| 8 | Jane Street Group, LLC | 1.59% | 1.22M | $70.66M |
| 9 | Morgan Stanley | 1.52% | 1.16M | $67.55M |
| 10 | Two Sigma Investments, LP | 1.23% | 948.55K | $55.02M |
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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