Lemonade (LMND) Tax Rate (2019 - 2026)

Lemonade (LMND) posted quarterly Tax Rate of 3.47% for Q1 2026, down 184.0% year-over-year from 4.13% in Q1 2025, and up 35.05% on a QoQ basis from 5.34% in Q4 2025.

Lemonade (LMND) Tax Rate (2019 - 2026) Analysis & Trends

Lemonade (LMND) has reported Tax Rate for 8 consecutive years, with 3.47% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate fell 184.0% year-over-year to 3.47%; the TTM figure through Mar 2026 stood at 3.58% (down 485.0% YoY), while the FY2025 annual figure was 2.86%, down 369.0% from the prior year.
  • Tax Rate came in at 3.47% for Q1 2026 at Lemonade, up from 5.34% in the prior quarter.
  • The five-year high for Tax Rate was 20.63% in Q4 2024, with the low at 7.07% in Q4 2023.
  • Average Tax Rate over 5 years is 1.47%, with a median of 3.05% recorded in 2025.
  • Across the five-year window, Tax Rate soared 2771 bps in 2024 and sank 2597 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 6.46% in 2022, then slumped by 209 bps to 7.07% in 2023, then surged by 392 bps to 20.63% in 2024, then plunged by 126 bps to 5.34% in 2025, then soared by 35 bps to 3.47% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 3.47%, 5.34%, and 3.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 24.30%
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 20.98%
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 21.58%
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 15.95%
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 19.25%
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 20.91%
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -29.23%
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 23.54%
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 24.49%
10 Lemonade 5.29 Bn 4.89 Bn 146.50 Mn -3.47%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.47%
Mar 31, 2026 -3.47%
Dec 31, 2025 -5.34%
Dec 31, 2025 -5.34%
Sep 30, 2025 -3.31%
Sep 30, 2025 -3.31%
Jun 30, 2025 -3.05%
Jun 30, 2025 -3.05%
Mar 31, 2025 -1.63%
Mar 31, 2025 -1.63%
Dec 31, 2024 20.63%
Dec 31, 2024 20.63%
Sep 30, 2024 -2.89%
Sep 30, 2024 -2.89%
Jun 30, 2024 -3.81%
Jun 30, 2024 -3.81%
Mar 31, 2024 -4.65%
Mar 31, 2024 -4.65%
Dec 31, 2023 -7.07%
Dec 31, 2023 -7.07%