Growth Metrics

Lemonade (LMND) EBITDA Margin (2019 - 2025)

Lemonade has reported EBITDA Margin over the past 7 years, most recently at 77.36% for Q4 2025.

  • Quarterly results put EBITDA Margin at 77.36% for Q4 2025, down 4179.0% from a year ago — trailing twelve months through Dec 2025 was 31.26% (up 1424.0% YoY), and the annual figure for FY2025 was 28.53%, up 2525.0%.
  • EBITDA Margin for Q4 2025 was 77.36% at Lemonade, down from 18.77% in the prior quarter.
  • Over the last five years, EBITDA Margin for LMND hit a ceiling of 16.27% in Q4 2023 and a floor of 349.28% in Q1 2021.
  • Median EBITDA Margin over the past 5 years was 73.09% (2023), compared with a mean of 121.45%.
  • Biggest five-year swings in EBITDA Margin: crashed -26926bps in 2021 and later skyrocketed 26565bps in 2023.
  • Lemonade's EBITDA Margin stood at 96.09% in 2021, then rose by 8bps to 88.61% in 2022, then soared by 82bps to 16.27% in 2023, then tumbled by -119bps to 35.57% in 2024, then plummeted by -117bps to 77.36% in 2025.
  • The last three reported values for EBITDA Margin were 77.36% (Q4 2025), 18.77% (Q3 2025), and 22.12% (Q2 2025) per Business Quant data.