Lemonade (LMND) Cost of Revenue (2019 - 2026)

Lemonade (LMND) has reported Cost of Revenue for 8 consecutive years, with $66.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 53.01% year-over-year to $66.1 million; the TTM figure through Mar 2026 stood at $247.3 million (up 38.08% YoY), while the FY2025 annual figure was $224.4 million, up 34.94% from the prior year.
• Cost of Revenue came in at $66.1 million for Q1 2026 at Lemonade, up from $64.2 million in the prior quarter.
• The five-year high for Cost of Revenue was $66.1 million in Q1 2026, with the low at $24.4 million in Q3 2023.
• Average Cost of Revenue over 5 years is $41.0 million, with a median of $37.0 million recorded in 2022.
• Across the five-year window, Cost of Revenue plunged 32.97% in 2023 and jumped 110.66% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $27.2 million in 2022, then slipped by 9.93% to $24.5 million in 2023, then soared by 94.69% to $47.7 million in 2024, then surged by 34.59% to $64.2 million in 2025, then rose by 2.96% to $66.1 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $66.1 million, $64.2 million, and $57.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.