Lemonade (LMND) EBITDA (2019 - 2026)
Lemonade (LMND) recorded quarterly EBITDA of -$41.5 million in Q1 2026, down 102.44% quarter-over-quarter from -$20.5 million in Q4 2025, and up 30.49% on a YoY basis from -$31.8 million in Q1 2025.
Lemonade (LMND) EBITDA (2019 - 2026) Analysis & Trends
Lemonade's EBITDA history runs 8 years deep, the most recent figure standing at -$41.5 million for 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 was -$41.5 million for Q1 2026 at Lemonade, down from -$20.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$20.5 million in Q4 2025 to a low of -$97.9 million in Q3 2022.
- Historically, EBITDA has averaged -$54.9 million across 5 years, with a median of -$56.6 million in 2024.
- The sharpest annual moves came in 2022 and 2025: EBITDA tumbled 87.14% in 2022, then surged 43.06% in 2025.
- A 5-year view of EBITDA shows it stood at -$56.0 million in 2022, then surged by 42.32% to -$32.3 million in 2023, then fell by 11.46% to -$36.0 million in 2024, then soared by 43.06% to -$20.5 million in 2025, then sank by 102.44% to -$41.5 million in 2026.
- The last three EBITDA figures came in at -$41.5 million (Q1 2026), -$20.5 million (Q4 2025), and -$36.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 1.38 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 2.24 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 1.01 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 938.00 Mn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 404.33 Mn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 318.00 Mn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -332.46 Mn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 613.00 Mn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 159.60 Mn |
| 10 | Lemonade | 3.93 Bn | 3.52 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 |