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Lemonade (LMND) Research & Development (2019 - 2025)

Lemonade has reported Research & Development over the past 7 years, most recently at $24.8 million for Q4 2025.

  • Quarterly results put Research & Development at $24.8 million for Q4 2025, up 13.76% from a year ago — trailing twelve months through Dec 2025 was $93.9 million (up 9.44% YoY), and the annual figure for FY2025 was $93.9 million, up 9.44%.
  • Research & Development for Q4 2025 was $24.8 million at Lemonade, roughly flat from $24.7 million in the prior quarter.
  • Over the last five years, Research & Development for LMND hit a ceiling of $24.8 million in Q4 2025 and a floor of $7.1 million in Q1 2021.
  • Median Research & Development over the past 5 years was $21.6 million (2022), compared with a mean of $20.0 million.
  • Biggest five-year swings in Research & Development: surged 233.33% in 2021 and later decreased 12.03% in 2024.
  • Lemonade's Research & Development stood at $16.4 million in 2021, then surged by 43.29% to $23.5 million in 2022, then decreased by 10.21% to $21.1 million in 2023, then rose by 3.32% to $21.8 million in 2024, then increased by 13.76% to $24.8 million in 2025.
  • The last three reported values for Research & Development were $24.8 million (Q4 2025), $24.7 million (Q3 2025), and $22.4 million (Q2 2025) per Business Quant data.