Lemonade (LMND) Research & Development (2019 - 2026)

Lemonade's Research & Development history runs 8 years deep, the most recent figure standing at $26.9 million for Q1 2026.

• In Q1 2026, Research & Development rose 22.27% year-over-year to $26.9 million; the TTM figure through Mar 2026 stood at $98.8 million (up 13.69% YoY), while the FY2025 annual figure was $93.9 million, up 9.44% from the prior year.
• Research & Development was $26.9 million for Q1 2026 at Lemonade, up from $24.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $26.9 million in Q1 2026 to a low of $16.9 million in Q1 2022.
• Historically, Research & Development has averaged $22.1 million across 5 years, with a median of $21.8 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Research & Development soared 138.03% in 2022, then slipped 12.03% in 2024.
• A 5-year view of Research & Development shows it stood at $23.5 million in 2022, then retreated by 10.21% to $21.1 million in 2023, then advanced by 3.32% to $21.8 million in 2024, then gained by 13.76% to $24.8 million in 2025, then grew by 8.47% to $26.9 million in 2026.
• The last three Research & Development figures came in at $26.9 million (Q1 2026), $24.8 million (Q4 2025), and $24.7 million (Q3 2025), per Business Quant data.