State Ledger
Company profile

Lemonade, Inc. CIK 1691421

Ticker
LMND (NYSE)
Industry
Fire, Marine & Casualty Insurance
Headquarters
New York, NY 10013
Fiscal year end
2025 (FY)
Market Data
Close
$45.17
Change
-$1.30
Change %
-2.80%
Volume
43,037

LMND · trading date Oct 12, 2026 · previous close $46.47 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$737.90M
Net income
-$165.50M
Total assets
$1.93B
Total liabilities
$1.39B
Stockholders' equity
$533.60M
Cash & equivalents
$385.00M
Operating income
—
Operating cash flow
-$16.50M
Capital expenditures
$9.40M

Fiscal year 2025, via 10-K filed 2026-02-25. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
-22.4%
Free cash flow
-$25.90M
Free cash flow margin
-3.5%
Liabilities / assets
72.3%
Equity / assets
27.7%
CapEx / revenue
1.3%
Operating cash flow / net income
0.10×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $737.90M -$165.50M $1.93B $1.39B $533.60M
2024 $526.50M -$202.20M $1.85B $1.26B $593.40M
2023 $429.80M -$236.90M $1.63B $924.40M $708.90M
2022 $256.70M -$297.80M $1.69B $823.90M $866.80M
2021 $128.40M -$241.30M $1.51B $522.30M $988.20M
Company Details
SIC code
6331
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-08
Financials filed via
Form 10-K
filed 2026-02-25

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
New York, NY 10013
5 CROSBY STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:45 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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