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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on Sales

Lemonade (LMND) Operating Margin (2019 - 2025)

Lemonade (LMND) has 7 years of Operating Margin data on record, last reported at 3.26% in Q4 2025.

  • For Q4 2025, Operating Margin fell 40.0% year-over-year to 3.26%; the TTM value through Dec 2025 reached 5.12%, down 94.0%, while the annual FY2025 figure was 5.12%, 134.0% down from the prior year.
  • Operating Margin reached 3.26% in Q4 2025 per LMND's latest filing, down from 6.93% in the prior quarter.
  • Across five years, Operating Margin topped out at 11.31% in Q2 2023 and bottomed at 0.71% in Q2 2021.
  • Average Operating Margin over 5 years is 5.51%, with a median of 5.2% recorded in 2022.
  • Peak YoY movement for Operating Margin: skyrocketed 768bps in 2022, then tumbled -481bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 3.54% in 2021, then fell by -29bps to 2.51% in 2022, then skyrocketed by 237bps to 8.46% in 2023, then plummeted by -57bps to 3.66% in 2024, then fell by -11bps to 3.26% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 3.26% in Q4 2025, 6.93% in Q3 2025, and 4.45% in Q2 2025.