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Lemonade (LMND) Operating Expenses (2019 - 2026)

Lemonade has reported Operating Expenses over the past 8 years, most recently at $292.6 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 37.63% year-over-year to $292.6 million; the TTM value through Mar 2026 reached $978.8 million, up 25.7%, while the annual FY2025 figure was $898.8 million, 23.06% up from the prior year.
  • Operating Expenses for Q1 2026 was $292.6 million at Lemonade, up from $248.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $292.6 million in Q1 2026 and troughed at $115.0 million in Q2 2022.
  • A 5-year average of $184.3 million and a median of $174.1 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: soared 63.27% in 2022 and later dropped 0.89% in 2023.
  • Year by year, Operating Expenses stood at $156.5 million in 2022, then dropped by 0.89% to $155.1 million in 2023, then grew by 20.31% to $186.6 million in 2024, then surged by 33.28% to $248.7 million in 2025, then increased by 17.65% to $292.6 million in 2026.
  • Business Quant data shows Operating Expenses for LMND at $292.6 million in Q1 2026, $248.7 million in Q4 2025, and $230.8 million in Q3 2025.