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Lemonade LMND Change in deferred policy acquisition costs

Change in deferred policy acquisition costs at other companies

Allstate logo
AllstateALL
-$84M-700%
Cincinnati Financial logo
Cincinnati FinancialCINF
$40M-27.3%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$2.37M-54.6%
Prudential Financial logo
Prudential FinancialPRU
$213M-43.2%

Other financials

Income statement

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Revenue$258.0M+70.6%
Net income-$35.8M+42.6%
EPS (diluted)-$0.47+45.3%

Balance sheet

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Cash & equivalents$386.5M+20.9%
Total debt$20.8M-4.6%
Total equity$518.0M-5.0%
Total assets$2.0B+5.5%

Cash flow

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Operating cash flow-$600.0K+98.7%
CapEx$3.5M+52.2%
Free cash flow-$4.1M+91.7%

Valuation

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Market cap$4.52B+109%

Profitability

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Net margin-16.4%-6.0pp
FCF margin-15.4%-6.4pp

Returns & leverage

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Return on equity-26.1%-5.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Lemonade in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts.

The official record: Lemonade’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lemonade's change in deferred policy acquisition costs?
Lemonade (LMND) reported change in deferred policy acquisition costs of $2.1M in Q1 2026.
How has Lemonade's change in deferred policy acquisition costs changed year-over-year?
Lemonade's change in deferred policy acquisition costs increased by 362.5% year-over-year, from -$800K to $2.1M.
What is the long-term trend for Lemonade's change in deferred policy acquisition costs?
Over 3 years (2021 to 2025), Lemonade's change in deferred policy acquisition costs has grown at a -66.7% compound annual growth rate (CAGR), from $2.7M to -$100K.
What does change in deferred policy acquisition costs mean?
This represents the change in costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses, which are capitalized and amortized over the policy term. It is a critical metric for evaluating the efficiency of customer acquisition and the long-term profitability of the insurance book. A significant change indicates shifts in growth strategy or the cost of acquiring new business.