Lemonade (LMND) Cost of Revenue (2019 - 2026)
Lemonade (LMND) posted quarterly Cost of Revenue of $133.3 million for Q1 2026, up 56.09% year-over-year from $85.4 million in Q1 2025, and up 41.06% quarter-over-quarter from $94.5 million in Q4 2025.
Lemonade (LMND) Cost of Revenue (2019 - 2026) Analysis & Trends
Lemonade's Cost of Revenue history runs 8 years deep, the most recent figure standing at $133.3 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 56.09% year-over-year to $133.3 million; the TTM figure through Mar 2026 stood at $394.9 million (up 33.19% YoY), while the FY2025 annual figure was $347.0 million, up 25.27% from the prior year.
- Cost of Revenue for Q1 2026 stood at $133.3 million, up from $94.5 million in the prior quarter.
- The five-year high for Cost of Revenue was $133.3 million in Q1 2026, with the low at $24.4 million in Q1 2022.
- The 5-year median for Cost of Revenue is $70.5 million (2024), against an average of $70.9 million.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 204.57% in 2022, then fell 7.11% in 2024.
- Lemonade's Cost of Revenue stood at $61.5 million in 2022, then climbed by 5.69% to $65.0 million in 2023, then retreated by 3.54% to $62.7 million in 2024, then surged by 50.72% to $94.5 million in 2025, then surged by 41.06% to $133.3 million in 2026.
- Business Quant data shows LMND's Cost of Revenue at $133.3 million in Q1 2026, $94.5 million in Q4 2025, and $89.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 6.69 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 14.57 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 5.92 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 2.32 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 1.89 Bn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 2.17 Bn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 1.19 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 748.30 Mn |
| 10 | Lemonade | 4.07 Bn | 3.68 Bn | 140.40 Mn | 154.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 154.00 Mn |
| Jun 30, 2026 | 154.00 Mn |
| Mar 31, 2026 | 133.30 Mn |
| Mar 31, 2026 | 133.30 Mn |
| Dec 31, 2025 | 94.50 Mn |
| Dec 31, 2025 | 94.50 Mn |
| Sep 30, 2025 | 89.60 Mn |
| Sep 30, 2025 | 89.60 Mn |
| Jun 30, 2025 | 77.50 Mn |
| Jun 30, 2025 | 77.50 Mn |
| Mar 31, 2025 | 85.40 Mn |
| Mar 31, 2025 | 85.40 Mn |
| Dec 31, 2024 | 62.70 Mn |
| Dec 31, 2024 | 62.70 Mn |
| Sep 30, 2024 | 77.90 Mn |
| Sep 30, 2024 | 77.90 Mn |
| Jun 30, 2024 | 70.50 Mn |
| Jun 30, 2024 | 70.50 Mn |
| Mar 31, 2024 | 65.90 Mn |
| Mar 31, 2024 | 65.90 Mn |