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Lemonade (LMND) Operating Expenses (2019 - 2025)

Lemonade has reported Operating Expenses over the past 7 years, most recently at $248.7 million for Q4 2025.

  • Quarterly results put Operating Expenses at $248.7 million for Q4 2025, up 33.28% from a year ago — trailing twelve months through Dec 2025 was $898.8 million (up 23.06% YoY), and the annual figure for FY2025 was $898.8 million, up 23.06%.
  • Operating Expenses for Q4 2025 was $248.7 million at Lemonade, up from $230.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for LMND hit a ceiling of $248.7 million in Q4 2025 and a floor of $71.6 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $163.7 million (2022), compared with a mean of $160.1 million.
  • Biggest five-year swings in Operating Expenses: surged 106.83% in 2021 and later fell 0.89% in 2023.
  • Lemonade's Operating Expenses stood at $109.4 million in 2021, then soared by 43.05% to $156.5 million in 2022, then fell by 0.89% to $155.1 million in 2023, then rose by 20.31% to $186.6 million in 2024, then skyrocketed by 33.28% to $248.7 million in 2025.
  • The last three reported values for Operating Expenses were $248.7 million (Q4 2025), $230.8 million (Q3 2025), and $206.7 million (Q2 2025) per Business Quant data.