Lemonade (LMND) Operating Expenses (2019 - 2026)

Lemonade (LMND) has reported Operating Expenses for 8 consecutive years, with $292.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 37.63% year-over-year to $292.6 million; the TTM figure through Mar 2026 stood at $978.8 million (up 25.7% YoY), while the FY2025 annual figure was $898.8 million, up 23.06% from the prior year.
• Operating Expenses came in at $292.6 million for Q1 2026 at Lemonade, up from $248.7 million in the prior quarter.
• The five-year high for Operating Expenses was $292.6 million in Q1 2026, with the low at $115.0 million in Q2 2022.
• Average Operating Expenses over 5 years is $184.3 million, with a median of $174.1 million recorded in 2023.
• Across the five-year window, Operating Expenses soared 63.27% in 2022 and retreated 0.89% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $156.5 million in 2022, then decreased by 0.89% to $155.1 million in 2023, then increased by 20.31% to $186.6 million in 2024, then soared by 33.28% to $248.7 million in 2025, then rose by 17.65% to $292.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $292.6 million, $248.7 million, and $230.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.