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Lemonade (LMND) Operating Expenses (2019 - 2025)

Lemonade (LMND) has 7 years of Operating Expenses data on record, last reported at $248.7 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 33.28% year-over-year to $248.7 million; the TTM value through Dec 2025 reached $898.8 million, up 23.06%, while the annual FY2025 figure was $898.8 million, 23.06% up from the prior year.
  • Operating Expenses reached $248.7 million in Q4 2025 per LMND's latest filing, up from $230.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $248.7 million in Q4 2025 and bottomed at $71.6 million in Q1 2021.
  • Average Operating Expenses over 5 years is $160.1 million, with a median of $163.7 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: soared 106.83% in 2021, then dropped 0.89% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $109.4 million in 2021, then surged by 43.05% to $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.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $248.7 million in Q4 2025, $230.8 million in Q3 2025, and $206.7 million in Q2 2025.