Growth Metrics

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

Lemonade has reported Cost of Revenue over the past 8 years, most recently at $66.1 million for Q1 2026.

  • For Q1 2026, Cost of Revenue rose 53.01% year-over-year to $66.1 million; the TTM value through Mar 2026 reached $247.3 million, up 38.08%, while the annual FY2025 figure was $224.4 million, 34.94% up from the prior year.
  • Cost of Revenue for Q1 2026 was $66.1 million at Lemonade, up from $64.2 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $66.1 million in Q1 2026 and troughed at $24.4 million in Q3 2023.
  • A 5-year average of $41.0 million and a median of $37.0 million in 2022 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: crashed 32.97% in 2023 and later skyrocketed 110.66% in 2024.
  • Year by year, Cost of Revenue stood at $27.2 million in 2022, then decreased by 9.93% to $24.5 million in 2023, then surged by 94.69% to $47.7 million in 2024, then skyrocketed by 34.59% to $64.2 million in 2025, then increased by 2.96% to $66.1 million in 2026.
  • Business Quant data shows Cost of Revenue for LMND at $66.1 million in Q1 2026, $64.2 million in Q4 2025, and $57.4 million in Q3 2025.