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
DateValue
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