Lemonade Inc
NYSE:LMND
Income Statement
Income Statement
Lemonade Inc
| Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Gross Premiums Earned |
55
|
73
|
93
|
91
|
89
|
107
|
127
|
147
|
167
|
204
|
248
|
295
|
345
|
381
|
405
|
426
|
441
|
462
|
493
|
523
|
564
|
621
|
700
|
|
| Revenue |
56
N/A
|
74
+32%
|
94
+28%
|
92
-3%
|
90
-2%
|
108
+20%
|
128
+19%
|
149
+16%
|
171
+15%
|
209
+22%
|
257
+23%
|
308
+20%
|
362
+18%
|
403
+11%
|
430
+7%
|
454
+6%
|
471
+4%
|
493
+5%
|
527
+7%
|
559
+6%
|
601
+8%
|
659
+10%
|
738
+12%
|
|
| Operating Income | ||||||||||||||||||||||||
| Operating Expenses |
(113)
|
(161)
|
(215)
|
(224)
|
(255)
|
(307)
|
(362)
|
(407)
|
(441)
|
(504)
|
(552)
|
(595)
|
(650)
|
(661)
|
(660)
|
(664)
|
(670)
|
(699)
|
(730)
|
(779)
|
(808)
|
(837)
|
(901)
|
|
| Selling, General & Administrative |
(59)
|
(92)
|
(125)
|
(133)
|
(160)
|
(189)
|
(213)
|
(238)
|
(248)
|
(263)
|
(258)
|
(255)
|
(251)
|
(236)
|
(223)
|
(231)
|
(241)
|
(263)
|
(283)
|
(309)
|
(329)
|
(338)
|
(389)
|
|
| Depreciation & Amortization |
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(10)
|
|
| Benefits Claims Loss Adjustment |
(46)
|
(56)
|
(64)
|
(69)
|
(63)
|
(76)
|
(95)
|
(108)
|
(128)
|
(169)
|
(210)
|
(255)
|
(308)
|
(334)
|
(316)
|
(346)
|
(344)
|
(351)
|
(321)
|
(382)
|
(392)
|
(408)
|
(406)
|
|
| Policy Acquisition Expense |
0
|
0
|
(5)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(32)
|
|
| Other Operating Expenses |
(8)
|
(13)
|
(19)
|
(23)
|
(33)
|
(42)
|
(52)
|
(62)
|
(65)
|
(73)
|
(80)
|
(85)
|
(91)
|
(91)
|
(89)
|
(88)
|
(85)
|
(85)
|
(86)
|
(87)
|
(88)
|
(91)
|
(65)
|
|
| Operating Income |
(57)
N/A
|
(87)
-54%
|
(121)
-38%
|
(133)
-10%
|
(165)
-24%
|
(199)
-20%
|
(234)
-18%
|
(258)
-10%
|
(270)
-5%
|
(295)
-9%
|
(295)
+0%
|
(287)
+3%
|
(288)
0%
|
(258)
+10%
|
(230)
+11%
|
(210)
+8%
|
(199)
+5%
|
(206)
-3%
|
(204)
+1%
|
(220)
-8%
|
(208)
+6%
|
(178)
+14%
|
(163)
+8%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
2
|
|
| Pre-Tax Income |
(57)
N/A
|
(87)
-54%
|
(121)
-38%
|
(133)
-10%
|
(165)
-24%
|
(199)
-20%
|
(234)
-18%
|
(258)
-10%
|
(270)
-5%
|
(295)
-9%
|
(295)
+0%
|
(287)
+3%
|
(288)
0%
|
(258)
+10%
|
(230)
+11%
|
(210)
+8%
|
(200)
+5%
|
(206)
-3%
|
(204)
+1%
|
(220)
-8%
|
(208)
+6%
|
(178)
+14%
|
(161)
+10%
|
|
| Net Income | ||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(2)
|
(2)
|
(5)
|
(6)
|
(8)
|
(9)
|
(9)
|
(9)
|
(3)
|
(2)
|
(0)
|
0
|
(7)
|
(8)
|
(9)
|
(9)
|
2
|
3
|
4
|
4
|
(5)
|
|
| Income from Continuing Operations |
(58)
|
(88)
|
(122)
|
(135)
|
(169)
|
(205)
|
(241)
|
(267)
|
(279)
|
(304)
|
(298)
|
(289)
|
(288)
|
(258)
|
(237)
|
(218)
|
(208)
|
(215)
|
(202)
|
(217)
|
(204)
|
(174)
|
(166)
|
|
| Net Income (Common) |
(58)
N/A
|
(88)
-54%
|
(122)
-38%
|
(135)
-10%
|
(169)
-26%
|
(205)
-21%
|
(241)
-18%
|
(267)
-11%
|
(279)
-5%
|
(304)
-9%
|
(298)
+2%
|
(289)
+3%
|
(288)
+0%
|
(258)
+10%
|
(237)
+8%
|
(218)
+8%
|
(208)
+5%
|
(215)
-3%
|
(202)
+6%
|
(217)
-7%
|
(204)
+6%
|
(174)
+15%
|
(166)
+5%
|
|
| EPS (Diluted) |
-1.31
N/A
|
-1.63
-24%
|
-3.63
-123%
|
-2.23
+39%
|
-2.75
-23%
|
-3.32
-21%
|
-3.94
-19%
|
-4.33
-10%
|
-4.53
-5%
|
-4.55
0%
|
-4.59
-1%
|
-4.16
+9%
|
-4.14
+0%
|
-3.69
+11%
|
-3.4
+8%
|
-3.1
+9%
|
-2.94
+5%
|
-3.01
-2%
|
-2.85
+5%
|
-2.97
-4%
|
-2.77
+7%
|
-2.34
+16%
|
-2.24
+4%
|
|