Growth Metrics

Lemonade (LMND) Gross Margin (2019 - 2025)

Lemonade (LMND) has 7 years of Gross Margin data on record, last reported at 77.28% in Q4 2025.

  • For Q4 2025, Gross Margin fell 416.0% year-over-year to 77.28%; the TTM value through Dec 2025 reached 69.59%, down 78.0%, while the annual FY2025 figure was 69.59%, 118.0% up from the prior year.
  • Gross Margin reached 77.28% in Q4 2025 per LMND's latest filing, up from 59.0% in the prior quarter.
  • Across five years, Gross Margin topped out at 81.56% in Q4 2022 and bottomed at 158.74% in Q2 2022.
  • Average Gross Margin over 5 years is 32.51%, with a median of 58.69% recorded in 2024.
  • Peak YoY movement for Gross Margin: tumbled -14137bps in 2022, then surged 20864bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 46.46% in 2021, then surged by 276bps to 81.56% in 2022, then fell by -13bps to 70.8% in 2023, then grew by 15bps to 81.45% in 2024, then dropped by -5bps to 77.28% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 77.28% in Q4 2025, 59.0% in Q3 2025, and 71.75% in Q2 2025.