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Lemonade LMND Prepaid reinsurance premiums

Prepaid reinsurance premiums at other companies

Progressive logo
ProgressivePGR
$198M-35.3%
Cincinnati Financial logo
Cincinnati FinancialCINF
$95M+2.2%
The Travelers Companies logo
The Travelers CompaniesTRV
$1.88B+4.0%
Ally Financial logo
Ally FinancialALLY
$644M+8.4%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$43.87M-18.9%

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%
Enterprise value$4.15B+122%
P/S5.4×+1.5×

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:PrepaidReinsurancePremiums.

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 prepaid reinsurance premiums?
Lemonade (LMND) reported prepaid reinsurance premiums of $123.9M in Q1 2026.
How has Lemonade's prepaid reinsurance premiums changed year-over-year?
Lemonade's prepaid reinsurance premiums decreased by 53.0% year-over-year, from $263.5M to $123.9M.
What is the long-term trend for Lemonade's prepaid reinsurance premiums?
Over 5 years (2020 to 2025), Lemonade's prepaid reinsurance premiums has grown at a 10.1% compound annual growth rate (CAGR), from $91.3M to $147.9M.
What does prepaid reinsurance premiums mean?
This asset represents the portion of premiums paid to reinsurers for coverage that has not yet been utilized or expired. It reflects the company's advance investment in risk transfer mechanisms to protect against future claims. Changes in this balance indicate shifts in the company's reinsurance strategy and coverage duration.