YOLFTbeta
Lemonade Inc

Lemonade Inc

LMND · NYSE · Financial Services / Insurance - Property & Casualty

44.19USD+1.23 (+2.86%)

Price History

Full chart

Market Stats

Previous Close42.96
Open42.92
Day Range42.32 – 44.52
52-Week Range43.28 – 99.90
Volume2.01M
Market Cap3.48B
P/E (TTM)0.00
Forward P/E0.00
EPS-1.82
Dividend Yield0.00%
Beta1.87
50-Day Avg53.29
200-Day Avg62.77

About

Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company provides renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products. It also offers insurance for stolen or damaged property, personal liability that protects its customers if they are responsible for an accident or damage to another person or their property, and pet insurance. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. Daniel Asher Schreiber
  • Employees1.28K
  • Headquarters5 Crosby Street, New York, NY, United States, 10013, USA
  • Websitehttps://www.lemonade.com

Leadership

  • Mr. Daniel Asher SchreiberCO-Founder, Chairman & CEO · b. 1971
  • Mr. Shai Wininger GavishCo-Founder, President & Director · b. 1974
  • Ms. Maya ProsorCo-Founder & Chief Business Officer · b. 1985
  • Mr. Timothy E. BixbyCFO, Principal Accounting Officer & Treasurer · b. 1965
  • Ms. Adina EcksteinChief Operating Officer · b. 1986
  • Mr. John Sheldon PetersChief Insurance Officer · b. 1972
  • Mr. Dennis MonaghanGeneral Counsel & Secretary
  • Mr. Sean Parker BurgessChief Claims Officer
  • Ms. Michal LangerChief Product Officer
  • Mr. Nicholas SteadSenior Vice President of Finance · b. 1993

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.40M22.50M67.30M94.40M128.40M256.70M429.80M526.50M737.90M
Growth (%)-+837.50%+199.11%+40.27%+36.02%+99.92%+67.43%+22.50%+40.15%
Cost of Revenue-19.40M55.40M74.00M105.50M228.30M339.60M353.80M440.70M
Gross Profit2.40M3.10M11.90M20.40M22.90M28.40M90.20M172.70M297.20M
Gross Margin100.00%13.78%17.68%21.61%17.83%11.06%20.99%32.80%40.28%
Operating Expense28.70M55.70M119.80M141.20M256.50M323.20M320.00M376.60M458.10M
Operating Income-26.30M-52.60M-107.90M-120.80M-233.60M-294.80M-229.80M-203.90M-160.90M
Operating Margin-1095.83%-233.78%-160.33%-127.97%-181.93%-114.84%-53.47%-38.73%-21.81%
EBITDA1.70M-52.50M-107.30M-119.10M-229.90M-282.60M-209.80M-183.90M-145.70M
EBITDA Margin70.83%-233.33%-159.44%-126.17%-179.05%-110.09%-48.81%-34.93%-19.75%
Net Income-28.10M-52.90M-108.50M-122.30M-241.30M-297.80M-236.90M-202.20M-165.50M
Net Income Margin-1170.83%-235.11%-161.22%-129.56%-187.93%-116.01%-55.12%-38.40%-22.43%
R&D---19.40M51.80M79.60M-85.80M18.20M
R&D as % of Total Revenue---20.55%40.34%31.01%-16.30%2.47%
Interest Expense00000----
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%----

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets40.50M153.80M414.30M828.70M1.51B1.69B1.30B1.85B1.93B
Total Liabilities8.50M232.90M596.80M287.70M522.30M823.90M589.70M1.26B1.39B
Total Equity32.00M-79.10M-182.50M541.00M988.20M866.80M708.90M593.40M533.60M
Cash16.90M102.20M270.00M570.80M270.60M282.50M271.50M376.00M385.00M
Total Debt----22.30M144.80M43.10M107.20M182.10M
Net Debt-16.90M-102.20M-270.00M-570.80M-248.30M-247.30M-228.40M-268.80M-202.90M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-19.10M-40.80M-78.10M-91.70M-144.60M-163.00M-119.10M-11.40M-16.50M
Investing Cash Flow-12.70M6.40M-54.00M50.10M-804.80M181.10M88.70M40.60M-89.10M
Financing Cash Flow800.00K119.90M300.10M341.10M649.60M3.60M15.40M87.70M106.60M
Capital Expenditure300.00K700.00K3.30M4.40M9.40M10.10M9.20M9.40M9.40M
Free Cash Flow-19.40M-41.50M-81.40M-96.10M-154.00M-173.10M-128.30M-20.80M-25.90M
FCF to OCF101.57%101.72%104.23%104.80%106.50%106.20%107.72%182.46%156.97%

Earnings

Report DateSep 9, 2019Jun 3, 2020Aug 12, 2020Nov 10, 2020Feb 28, 2021May 11, 2021Aug 4, 2021Nov 8, 2021Feb 23, 2022May 9, 2022Aug 8, 2022Nov 8, 2022Feb 22, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 27, 2024Apr 30, 2024Jul 30, 2024Oct 30, 2024Feb 25, 2025Apr 28, 2025Aug 5, 2025Nov 5, 2025Feb 19, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate0.00-3.13-0.87-0.63-0.64-0.81-0.89-1.15-1.13-1.43-1.31-1.25-1.20-1.13-1.02-0.84-0.80-0.79-0.87-1.02-0.56-0.93-0.76-0.72-0.39-0.57-0.56-0.60
EPS Actual-0.53-3.13-1.77-0.57-0.60-0.81-0.90-1.08-1.08-1.21-1.09-1.25-0.93-0.95-0.97-0.79-0.61-0.67-0.81-0.95-0.42-0.86-0.76-0.51-0.29-0.49-0.56-
Surprise-0.00%-103.45%9.52%6.25%0.00%-1.12%6.09%4.42%15.38%16.79%0.00%22.50%15.93%4.90%5.95%23.75%15.19%6.90%6.86%25.00%7.53%0.00%29.17%26.11%14.04%0.00%-
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.48B
Enterprise Value3.29B
Trailing P/E0.00
Forward P/E0.00
Price / Sales3.57
Price / Book6.87
EPS-1.82
Book Value6.46
Revenue (TTM)975.00M
Gross Profit (TTM)503.60M
EBITDA-92.10M
Profit Margin-14.20%
Operating Margin-11.82%
Return on Equity-26.96%
Return on Assets-3.27%
Shares Outstanding77.40M
Shares Float71.77M
Beta1.87
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Sell
Based on 9 analystsTarget 59.22
  • Buy
    1
  • Hold
    4
  • Sell
    2
  • Strong Sell
    2

Ownership Breakdown

Institutions
61.37%
Insiders
8.56%
Retail / Other
30.07%

Top Institutional Holders

  • JPMorgan Chase & Co
    5.26M6.80%
  • BlackRock Inc
    4.97M6.42%
  • Vanguard Capital Management, LLC
    3.02M3.90%
  • Vanguard Portfolio Management, LLC
    2.98M3.85%
  • Baillie Gifford & Co Limited.
    2.75M3.55%
  • Geode Capital Management, LLC
    1.72M2.22%
  • State Street Corp
    1.55M2.01%
  • Jane Street Group LLC
    1.22M1.57%
  • Two Sigma Investments LLC
    1.17M1.52%
  • Morgan Stanley - Brokerage Accounts
    1.16M1.50%
  • Halter Ferguson Financial Inc
    1.01M1.30%
  • Squarepoint Ops LLC
    890.52K1.15%
  • The Goldman Sachs Group Inc
    725.40K0.94%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.20M2.84%
  • iShares Russell 2000 ETF
    1.83M2.37%
  • Vanguard US Growth Investor
    1.70M2.20%
  • Vanguard Small Cap Index
    1.59M2.05%
  • JPM US Technology A dist USD
    1.49M1.93%
  • Vanguard MStar Small Cap Growth Indx Inv
    914.84K1.18%
  • Fidelity Small Cap Index
    780.18K1.01%