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Wednesday 4 November 2026 Export LMND’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Lemonade, Inc. (LMND) P/S ratio

Alert me on P/S ratio

As of 3 November 2026, Lemonade, Inc. (LMND) trades at a P/S ratio of 3.3×. Over the past ten years it has ranged from 1.8× (October 2023) to 78.1× (December 2020); the current reading is higher than 21% of that period. That is above the Insurance Property & Casualty industry median of 1.3× and above the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 7.1× 44.16%
FY2024 4.9× 79.17%
FY2023 2.8× (20.47%)
FY2022 3.5× (82.71%)
FY2021 20.1× (54.02%)
FY2020 43.7× 370.37%
FY2019 9.3× 0.00%
FY2018 9.3× 0.00%
FY2017 9.3× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 5.1× (9.29%)
Mar 2026 5.7× (20.62%)
Dec 2025 7.1× 18.28%
Sep 2025 6.0× 12.60%
24 more quarters

Against its own ten years

Low 1.8× High 78.1×
Ten-year median 5.7×
Current reading's percentile 21

P/S ratio against peers

Company P/S ratio
KMPR Kemper Corporation compare 0.4×
HMN Horace Mann Educators Corporation compare 1.1×
HGTY Hagerty, Inc. compare 1.2×
SKWD Skyward Specialty Insurance Group, Inc. compare 1.6×
SLDE Slide Insurance Holdings, Inc. compare 2.2×
HCI HCI Group, Inc. compare 2.6×
LMND Lemonade, Inc. 3.3×
PLMR Palomar Holdings, Inc. compare 3.4×
PRCH Porch Group, Inc. compare 4.6×
Insurance Property & Casualty industry median 1.3×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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