Lemonade (LMND) EBT Margin (2019 - 2026)
Lemonade (LMND) reported EBT Margin of -14.20% for Q2 2026, up 11.76 percentage points from -25.96% a year earlier but down 0.79 percentage points from the prior quarter.
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Analysis
Lemonade (LMND) EBT Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lemonade's EBT Margin came in at -13.67%, up 20.89 percentage points year-over-year; for FY2025, it was -21.81%, up 16.92 percentage points from FY2024.
- EBT Margin has increased for four consecutive years, with a five-year change of +106.16 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at -38.73% in FY2024 (+14.74 pp), -53.47% in FY2023 (+61.38 pp), -114.84% in FY2022 (+67.09 pp) and -181.93% in FY2021 (-53.97 pp).
- Five-year quarterly EBT Margin spans a low of -179.83% in Q3 2021 and a high of -9.03% in Q4 2025.
- Year over year, EBT Margin has now increased in each of the last five quarters, with an average year-over-year change of +14.27 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q1 2023 (a gain of 95.92 percentage points); the low point was Q3 2021 (a drop of 8.48 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -13.41% (Q1 2026), -9.03% (Q4 2025) and -18.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.63 Bn | 85.21 Bn | 9.13 Bn | 22.91% |
| 2 | Progressive | 127.99 Bn | 103.82 Bn | 9.04 Bn | 17.83% |
| 3 | Marsh & Mclennan Companies | 90.51 Bn | 82.67 Bn | - | 15.05% |
| 4 | Travelers Companies | 82.68 Bn | 58.93 Bn | 6.23 Bn | 22.77% |
| 5 | Manulife Financial | 75.89 Bn | -19.00 Bn | - | 13.82% |
| 6 | Arthur J. Gallagher | 66.35 Bn | 60.76 Bn | - | 10.34% |
| 7 | Metlife | 64.62 Bn | -42.16 Bn | 7.82 Bn | 5.40% |
| 8 | Allstate | 63.76 Bn | 25.02 Bn | 8.73 Bn | 22.27% |
| 9 | Aon | 62.70 Bn | 55.91 Bn | - | 17.05% |
| 10 | Lemonade | 3.41 Bn | 1.83 Bn | - | -14.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.20% |
| Mar 31, 2026 | -13.41% |
| Dec 31, 2025 | -9.03% |
| Sep 30, 2025 | -18.66% |
| Jun 30, 2025 | -25.96% |
| Mar 31, 2025 | -40.61% |
| Dec 31, 2024 | -25.40% |
| Sep 30, 2024 | -48.17% |
| Jun 30, 2024 | -45.16% |
| Mar 31, 2024 | -37.95% |
| Dec 31, 2023 | -34.29% |
| Sep 30, 2023 | -52.05% |
| Jun 30, 2023 | -63.00% |
| Mar 31, 2023 | -67.96% |
| Dec 31, 2022 | -77.04% |
| Sep 30, 2022 | -120.41% |
| Jun 30, 2022 | -130.00% |
| Mar 31, 2022 | -163.88% |
| Dec 31, 2021 | -166.83% |
| Sep 30, 2021 | -179.83% |
API Access
Lemonade EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=LMND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "LMND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=LMND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();