Lemonade, Inc.
Company Stats
- Market Cap
- $3.5B
- as of Sep 30, 2026
- Shares Outstanding
- 77.4M
- Free Float
- 62.7%
Income Statement
- Revenue
- $737.9M
- Net Income
- -$165.5M
- Revenue Growth, 3Y
- 42.2%
- FCF Margin, 3Y Avg
- -12.4%
- FCF Margin, Worst Year
- -29.9%
Cash Flow
- Free Cash Flow
- -$25.9M
- FCF Yield
- -0.7%
- Owner FCF Yield
- -2.5%
Balance Sheet
- Cash & Equivalents
- $385.0M
Returns & Capital
- SBC, 3Y Avg
- $61.9M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $737.9M | -$25.9M | -3.5% |
| FY2024 | $526.5M | -$20.8M | -4.0% |
| FY2023 | $429.8M | -$128.3M | -29.9% |
| FY2022 | $256.7M | -$173.1M | -67.4% |
| FY2021 | $128.4M | -$154.0M | -119.9% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges