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) Free cash flow

Alert me on Free cash flow

Lemonade, Inc.'s free cash flow for fiscal 2025 was −$25.9M, compared with −$20.8M in fiscal 2024. Over the twelve months to 30 June 2026 it was $8.1M. Over the past ten years it has ranged from −$173.1M (fiscal 2022) to −$19.1M (fiscal 2017); the current reading is higher than 78% of that period. Lemonade, Inc. ranks 41st of 45 Insurance Property & Casualty companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 −$25.9M —
FY2024 −$20.8M —
FY2023 −$128.3M —
FY2022 −$173.1M —
FY2021 −$154.0M —
FY2020 −$96.1M —
FY2019 −$80.8M —
FY2018 −$41.5M —
FY2017 −$19.1M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 −$8.0M —
Mar 2026 −$4.1M —
Dec 2025 $17.6M 576.92%
Sep 2025 $2.6M (23.53%)
26 more quarters

Against its own ten years

Low −$173.1M High −$19.1M
Ten-year median −$80.8M
Current reading's percentile 78

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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