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Lemonade LMND Pre-Tax Income

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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$4.1B+5.9%
Enterprise value$3.73B+6.5%
P/S4.9×-1.6×

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Lemonade’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 3:41 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001691421-26-000034
Line itemThree Months Ended March 31, 20262025
Technology development26.922.0
General and administrative42.235.9
Total expense292.6212.6
Loss before income taxes(34.6)(61.4)
Income tax expense1.21.0
Net loss$(35.8)$(62.4)
Other comprehensive loss, net of tax
Unrealized (loss) gain on investments in fixed maturities(4.4)1.2

Item 1. Financial Statements.

FAQ

What is Lemonade's pre-tax income?
Lemonade (LMND) reported pre-tax income of -$34.6M in Q1 2026.
How has Lemonade's pre-tax income changed year-over-year?
Lemonade's pre-tax income increased by 43.6% year-over-year, from -$61.4M to -$34.6M.
What is the long-term trend for Lemonade's pre-tax income?
Over 4 years (2021 to 2025), Lemonade's pre-tax income has grown at a -8.9% compound annual growth rate (CAGR), from -$233.6M to -$160.9M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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