stockrowLemonade, 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
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Lemonade, Inc. (LMND) Gross margin
Lemonade, Inc.'s gross margin over the twelve months to 30 June 2026 was 51.7%, down 1.3 percentage points from fiscal 2025 (53.0%). Over the past ten years it has ranged from 0.00% (fiscal 2017) to 53.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Property & Casualty industry median of 41.7% and below the Financial sector median of 70.2%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 53.0% | 5.58 |
| FY2024 | 47.4% | 12.63 |
| FY2023 | 34.8% | (0.07) |
| FY2022 | 34.8% | (9.17) |
| FY2021 | 44.0% | 1.94 |
| FY2020 | 42.1% | 10.11 |
| FY2019 | 32.0% | (0.49) |
| FY2018 | 32.4% | 32.44 |
| FY2017 | 0.00% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 47.7% | (0.64) |
| Mar 2026 | 48.3% | (10.24) |
| Dec 2025 | 58.6% | 4.64 |
| Sep 2025 | 53.9% | 1.16 |
| 24 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| HGTY Hagerty, Inc. compare | 100.0% |
| PRCH Porch Group, Inc. compare | 72.1% |
| SLDE Slide Insurance Holdings, Inc. compare | 64.8% |
| HCI HCI Group, Inc. compare | 59.7% |
| LMND Lemonade, Inc. | 51.7% |
| HMN Horace Mann Educators Corporation compare | 46.9% |
| SKWD Skyward Specialty Insurance Group, Inc. compare | 44.1% |
| PLMR Palomar Holdings, Inc. compare | 24.9% |
| KMPR Kemper Corporation compare | −0.55% |
| Insurance Property & Casualty industry median | 41.7% |
| Financial sector median | 70.2% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on LMND
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement