Lemonade (LMND) Accumulated Expenses (2019 - 2026)
Lemonade's Accumulated Expenses came in at $126.6 million for Q2 2026, up 1.9% from $124.2 million a year earlier but down 1.8% from the prior quarter.
Lemonade (LMND) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025, Lemonade's Accumulated Expenses was $121.8 million, up 15.2% from FY2024.
- Accumulated Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 45.5% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $105.7 million in FY2024 (+6.2%), $99.5 million in FY2023 (+17.8%), $84.5 million in FY2022 (+47.2%) and $57.4 million in FY2021 (+207.0%).
- The five-year range for quarterly Accumulated Expenses is $35.5 million (Q3 2021) to $128.9 million (Q1 2026).
- Year-over-year, Accumulated Expenses has increased for three consecutive quarters, with growth averaging 9.0% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q1 2022 (growth of 244.9%), and the weakest in Q3 2021 (a decline of 34.4%).
- Business Quant data shows LMND's Accumulated Expenses at $128.9 million (Q1 2026), $121.8 million (Q4 2025) and $107 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - |
| 10 | Lemonade | 3.49 Bn | 1.91 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 126.60 Mn |
| Mar 31, 2026 | 128.90 Mn |
| Dec 31, 2025 | 121.80 Mn |
| Sep 30, 2025 | 107.00 Mn |
| Jun 30, 2025 | 124.20 Mn |
| Mar 31, 2025 | 110.00 Mn |
| Dec 31, 2024 | 105.70 Mn |
| Sep 30, 2024 | 123.50 Mn |
| Jun 30, 2024 | 121.20 Mn |
| Mar 31, 2024 | 100.50 Mn |
| Dec 31, 2023 | 99.50 Mn |
| Sep 30, 2023 | 93.10 Mn |
| Jun 30, 2023 | 79.80 Mn |
| Mar 31, 2023 | 85.00 Mn |
| Dec 31, 2022 | 84.50 Mn |
| Sep 30, 2022 | 90.30 Mn |
| Jun 30, 2022 | 63.70 Mn |
| Mar 31, 2022 | 68.30 Mn |
| Dec 31, 2021 | 57.40 Mn |
| Sep 30, 2021 | 35.50 Mn |
Lemonade Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=LMND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "LMND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=LMND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();