Lemonade Income Statement (2019-2025) | LMND

Income Statement Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 13.80M19.00M23.50M26.20M29.90M17.80M20.50M23.50M28.20M35.70M41.00M44.30M50.00M74.00M88.40M95.20M104.60M114.50M115.50M119.10M122.00M136.60M148.80M151.20M164.10M194.50M
Cost of Revenue 19.00M27.50M23.60M19.20M16.10M22.20M22.90M29.10M33.10M42.20M37.20M38.30M37.00M35.80M27.20M28.20M24.80M24.40M24.50M30.40M36.80M51.40M47.70M43.20M59.60M57.40M
Gross Profit -5.20M-8.50M-0.10M7.00M13.80M-4.40M-2.40M-5.60M-4.90M-6.50M3.80M6.00M13.00M38.20M61.20M67.00M79.80M90.10M91.00M88.70M85.20M85.20M101.10M108.00M104.50M137.10M
Operating items
Research & Development 2.10M2.80M3.40M3.50M4.20M5.30M6.40M7.10M14.00M14.30M16.40M16.90M17.80M21.40M23.50M21.80M24.10M21.80M21.10M20.90M21.20M21.90M21.80M22.00M22.40M24.70M
Selling, General & Administrative 3.60M4.80M10.30M18.20M5.80M10.60M11.70M14.10M15.80M19.60M23.10M28.20M22.40M40.50M31.20M32.70M30.70M36.90M29.00M29.80M29.80M31.40M33.50M35.90M25.80M35.00M
Other Operating Expenses 31.10M42.40M42.20M40.70M40.60M32.40M35.80M50.40M51.30M66.00M69.90M71.80M74.80M101.20M101.80M105.40M115.70M115.40M105.00M113.60M126.10M149.10M131.30M154.70M158.50M171.10M
Operating Expenses 36.80M50.00M55.90M62.40M50.60M48.30M53.90M71.60M81.10M99.90M109.40M116.90M115.00M163.10M156.50M159.90M170.50M174.10M155.10M164.30M177.10M202.40M186.60M212.60M206.70M230.80M
Operating Income 0.50M1.10M1.30M0.90M0.20M0.20M0.20M0.20M0.20M0.60M0.90M0.90M1.20M2.60M3.70M5.00M5.60M7.00M7.10M7.60M8.10M8.90M9.40M9.50M9.40M9.70M
EBIT 0.50M1.10M1.30M0.90M0.20M0.20M0.20M0.20M0.20M0.60M0.90M0.90M1.20M2.60M3.70M5.00M5.60M7.00M7.10M7.60M8.10M8.90M9.40M9.50M9.40M9.70M
Net income details
EBT -23.00M-31.00M-32.40M-36.20M-20.70M-30.50M-33.40M-48.10M-52.90M-64.20M-68.40M-72.60M-65.00M-89.10M-68.10M-64.70M-65.90M-59.60M-39.60M-45.20M-55.10M-65.80M-37.80M-61.40M-42.60M-36.30M
Tax Provisions 0.10M0.10M0.30M0.30M0.30M0.40M0.50M0.90M2.70M2.20M1.90M2.20M2.90M2.30M-4.40M1.10M1.30M1.90M2.80M2.10M2.10M1.90M-7.80M1.00M1.30M1.20M
Profit After Tax -23.10M-31.10M-32.70M-36.50M-21.00M-30.90M-33.90M-49.00M-55.60M-66.40M-70.30M-74.80M-67.90M-91.40M-63.70M-65.80M-67.20M-61.50M-42.40M-47.30M-57.20M-67.70M-30.00M-62.40M-43.90M-37.50M
Income from Continuing Operations -23.10M-31.10M-32.70M-36.50M-21.00M-30.90M-33.90M-49.00M-55.60M-66.40M-70.30M-74.80M-67.90M-91.40M-63.70M-65.80M-67.20M-61.50M-42.40M-47.30M-57.20M-67.70M-30.00M-62.40M-43.90M-37.50M
Consolidated Net Income -23.10M-31.10M-32.70M-36.50M-21.00M-30.90M-33.90M-49.00M-55.60M-66.40M-70.30M-74.80M-67.90M-91.40M-63.70M-65.80M-67.20M-61.50M-42.40M-47.30M-57.20M-67.70M-30.00M-62.40M-43.90M-37.50M
Income towards Parent Company -23.10M-31.10M-32.70M-36.50M-21.00M-30.90M-33.90M-49.00M-55.60M-66.40M-70.30M-74.80M-67.90M-91.40M-63.70M-65.80M-67.20M-61.50M-42.40M-47.30M-57.20M-67.70M-30.00M-62.40M-43.90M-37.50M
Net Income towards Common Stockholders -23.10M-31.10M-32.70M-36.50M-21.00M-30.90M-33.90M-49.00M-55.60M-66.40M-70.30M-74.80M-67.90M-91.40M-63.70M-65.80M-67.20M-61.50M-42.40M-47.30M-57.20M-67.70M-30.00M-62.40M-43.90M-37.50M
Additional items
EPS (Basic) -2.09-2.78-2.94-3.16-1.77-0.57-1.01-0.81-0.90-1.08-1.15-1.21-1.10-1.37-0.90-0.95-0.97-0.88-0.61-0.67-0.81-0.95-0.42-0.86-0.60-0.51
EPS (Weighted Average and Diluted) -2.94-3.16-1.77-0.57-1.01-0.81-0.90-1.08-1.15-1.21-1.10-1.37-0.90-0.95-0.97-0.88-0.61-0.67-0.81-0.95-0.42-0.86-0.60-0.51
Shares Outstanding (Weighted Average) 11.07M11.18M11.12M11.54M11.89M54.00M33.65M60.22M61.44M61.58M61.22M61.70M61.82M66.88M64.92M69.33M69.53M69.75M69.66M70.28M70.72M71.14M71.02M72.92M73.43M74.19M
Shares Outstanding (Diluted Average) 11.12M11.54M11.89M54.00M33.65M60.22M61.44M61.58M61.22M61.70M61.82M66.88M64.92M69.33M69.53M69.75M69.66M70.28M70.72M71.14M71.02M72.92M73.43M74.19M
EBITDA -23.10M-31.20M-32.50M-36.50M-20.80M-30.50M-32.80M-48.20M-55.50M-67.20M-73.80M-90.20M-77.90M-97.90M-56.00M-60.50M-65.90M-59.60M-32.30M-47.50M-56.60M-59.20M-36.00M-59.70M-36.30M-36.50M
Tax Rate -0.43%-0.32%-0.93%-0.83%-1.45%-1.31%-1.50%-1.87%-5.10%-3.43%-2.78%-3.03%-4.46%-2.58%6.46%-1.70%-1.97%-3.19%-7.07%-4.65%-3.81%-2.89%20.63%-1.63%-3.05%-3.31%