Lemonade (LMND) EBITDA Margin (2019 - 2026)

Lemonade (LMND) recorded quarterly EBITDA Margin of 19.52% in Q1 2026, down 262.89% quarter-over-quarter from 5.38% in Q4 2025, and up 1996.0% on a YoY basis from 0.93% in Q1 2025.

Lemonade (LMND) EBITDA Margin (2019 - 2026) Analysis & Trends

Lemonade's EBITDA Margin history runs 8 years deep, the most recent figure standing at 19.52% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 1996.0% year-over-year to 19.52%; the TTM figure through Mar 2026 stood at 14.16% (up 2670.0% YoY), while the FY2025 annual figure was 20.73%, up 1712.0% from the prior year.
  • EBITDA Margin was 19.52% for Q1 2026 at Lemonade, down from 5.38% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 5.38% in Q4 2025 to a low of 1365.85% in Q4 2022.
  • Historically, EBITDA Margin has averaged 143.55% across 5 years, with a median of 52.05% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 107530 bps in 2022, then surged 134958 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 1365.85% in 2022, then jumped by 99 bps to 16.27% in 2023, then plunged by 49 bps to 24.19% in 2024, then soared by 78 bps to 5.38% in 2025, then slumped by 263 bps to 19.52% in 2026.
  • The last three EBITDA Margin figures came in at 19.52% (Q1 2026), 5.38% (Q4 2025), and 18.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 9.37%
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 10.11%
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 8.45%
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 5.54%
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 10.96%
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 12.21%
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -9.36%
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 71.45%
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 5.74%
10 Lemonade 3.93 Bn 3.52 Bn 146.50 Mn -19.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 -19.52%
Dec 31, 2025 -5.38%
Sep 30, 2025 -18.77%
Jun 30, 2025 -22.12%
Mar 31, 2025 -39.48%
Dec 31, 2024 -24.19%
Sep 30, 2024 -61.86%
Jun 30, 2024 -46.39%
Mar 31, 2024 -56.28%
Dec 31, 2023 -16.27%
Sep 30, 2023 -52.05%
Jun 30, 2023 -63.00%
Mar 31, 2023 -63.55%
Dec 31, 2022 -1,365.85%
Sep 30, 2022 -132.30%
Jun 30, 2022 -249.68%
Mar 31, 2022 -203.61%
Dec 31, 2021 -290.55%
Sep 30, 2021 -188.24%
Jun 30, 2021 -196.81%