Lemonade (LMND) EBITDA (2019 - 2026)
Lemonade (LMND) posted quarterly EBITDA of -$41.5 million for Q1 2026, up 30.49% year-over-year from -$31.8 million in Q1 2025, and down 102.44% on a QoQ basis from -$20.5 million in Q4 2025.
Lemonade (LMND) EBITDA (2019 - 2026) Analysis & Trends
Lemonade (LMND) has reported EBITDA for 8 consecutive years, with -$41.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA rose 30.49% year-over-year to -$41.5 million; the TTM figure through Mar 2026 stood at -$134.8 million (up 36.26% YoY), while the FY2025 annual figure was -$153.0 million, up 23.23% from the prior year.
- EBITDA came in at -$41.5 million for Q1 2026 at Lemonade, down from -$20.5 million in the prior quarter.
- The five-year high for EBITDA was -$20.5 million in Q4 2025, with the low at -$97.9 million in Q3 2022.
- Average EBITDA over 5 years is -$54.9 million, with a median of -$56.6 million recorded in 2024.
- Across the five-year window, EBITDA plunged 87.14% in 2022 and surged 43.06% in 2025, its largest moves.
- Year by year, EBITDA stood at -$56.0 million in 2022, then surged by 42.32% to -$32.3 million in 2023, then slipped by 11.46% to -$36.0 million in 2024, then soared by 43.06% to -$20.5 million in 2025, then slumped by 102.44% to -$41.5 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$41.5 million, -$20.5 million, and -$36.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -332.46 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 2.24 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 1.38 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 318.00 Mn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 1.01 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 938.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | 830.10 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 613.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 142.38 Mn |
| 10 | Lemonade | 5.29 Bn | 4.89 Bn | 146.50 Mn | -41.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -41.50 Mn |
| Dec 31, 2025 | -20.50 Mn |
| Sep 30, 2025 | -36.50 Mn |
| Jun 30, 2025 | -36.30 Mn |
| Mar 31, 2025 | -59.70 Mn |
| Dec 31, 2024 | -36.00 Mn |
| Sep 30, 2024 | -59.20 Mn |
| Jun 30, 2024 | -56.60 Mn |
| Mar 31, 2024 | -47.50 Mn |
| Dec 31, 2023 | -32.30 Mn |
| Sep 30, 2023 | -59.60 Mn |
| Jun 30, 2023 | -65.90 Mn |
| Mar 31, 2023 | -60.50 Mn |
| Dec 31, 2022 | -56.00 Mn |
| Sep 30, 2022 | -97.90 Mn |
| Jun 30, 2022 | -77.90 Mn |
| Mar 31, 2022 | -90.20 Mn |
| Dec 31, 2021 | -73.80 Mn |
| Sep 30, 2021 | -67.20 Mn |
| Jun 30, 2021 | -55.50 Mn |