Lemonade (LMND) Enterprise Value (2020 - 2026)
Lemonade (LMND) reported Enterprise Value of $4.64 billion for Q2 2026, up 64.2% from $2.83 billion a year earlier and up 5.3% from the prior quarter.
Lemonade (LMND) Enterprise Value (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lemonade's Enterprise Value came in at $3.44 billion, up 102.1% year-over-year; for FY2025, it was $4.99 billion, up 121.5% from FY2024.
- Enterprise Value has increased for three consecutive years, with a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- By year, Enterprise Value came in at $2.25 billion in FY2024 (+176.8%), $814.44 million in FY2023 (+45.1%), $561.38 million in FY2022 (-74.7%) and $2.22 billion in FY2021 (-37.6%).
- Five-year quarterly Enterprise Value spans a low of $500.85 million in Q3 2023 and a high of $4.99 billion in Q4 2025.
- Year over year, Enterprise Value has now increased in each of the last eight quarters, with growth averaging 161.3% over the last eight quarters.
- The high point for year-over-year Enterprise Value in five years was Q3 2025 (growth of 347.7%); the low point was Q2 2022 (a decline of 85.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.41 billion (Q1 2026), $4.99 billion (Q4 2025) and $3.62 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn |
| 10 | Lemonade | 3.40 Bn | 1.81 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.64 Bn |
| Mar 31, 2026 | 4.41 Bn |
| Dec 31, 2025 | 4.99 Bn |
| Sep 30, 2025 | 3.62 Bn |
| Jun 30, 2025 | 2.83 Bn |
| Mar 31, 2025 | 1.96 Bn |
| Dec 31, 2024 | 2.25 Bn |
| Sep 30, 2024 | 808.13 Mn |
| Jun 30, 2024 | 777.85 Mn |
| Mar 31, 2024 | 849.25 Mn |
| Dec 31, 2023 | 814.44 Mn |
| Sep 30, 2023 | 500.85 Mn |
| Jun 30, 2023 | 908.81 Mn |
| Mar 31, 2023 | 646.15 Mn |
| Dec 31, 2022 | 561.38 Mn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 844.20 Mn |
| Mar 31, 2022 | 1.31 Bn |
| Dec 31, 2021 | 2.22 Bn |
| Sep 30, 2021 | 3.70 Bn |
Lemonade Enterprise Value 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=enterprise-value&ticker=LMND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=LMND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();