Lemonade, Inc.

LMND Financial Insurance Property & Casualty

Lemonade, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $737.9 million, up 40.2% from fiscal 2024.

Revenue
+79.4%
EPS
+6.67%
Free cash flow
−335.3%
Total debt
+67.1%

Quarter to June 2026, against a year earlier

45.65 4.31 +10.43%
Market cap
$3.2B
P/E
0.0×
Fwd P/E
−23.2×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lemonade, Inc. (LMND) Current ratio

Alert me on Current ratio

Lemonade, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 0.8×, down 0.1× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.9× (fiscal 2025) to 3.6× (fiscal 2019) — the current reading is the lowest in ten years. That is above the Insurance Property & Casualty industry median of 0.4× and below the Financial sector median of 1.0×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.9× (6.09%)
FY2024 0.9× 1.50%
FY2023 0.9× (12.06%)
FY2022 1.0× (23.37%)
FY2021 1.3× (60.55%)
FY2020 3.4× (4.01%)
FY2019 3.6× —

Quarterly newest first

Period Current ratio Change
Jun 2026 0.8× (3.88%)
Mar 2026 0.8× (2.21%)
Dec 2025 0.9× 2.98%
Sep 2025 0.8× (3.72%)
22 more quarters

Against its own ten years

Low 0.9× High 3.6×
Ten-year median 1.0×
Current reading's percentile 14

Current ratio against peers

Company Current ratio
HGTY Hagerty, Inc. compare 1.5×
PRCH Porch Group, Inc. compare 1.5×
SLDE Slide Insurance Holdings, Inc. compare 1.3×
LMND Lemonade, Inc. 0.8×
HCI HCI Group, Inc. compare 0.7×
SKWD Skyward Specialty Insurance Group, Inc. compare 0.5×
PLMR Palomar Holdings, Inc. compare 0.5×
KMPR Kemper Corporation compare 0.1×
HMN Horace Mann Educators Corporation compare 0.1×
Insurance Property & Casualty industry median 0.4×
Financial sector median 1.0×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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