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Lemonade LMND Pet — Cumulative Number of Reported Claims

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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$4.01B+6.4%
Enterprise value$3.65B+7.1%
P/S4.8×-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:ShortdurationInsuranceContractsNumberOfReportedClaims.

The source filing: Lemonade’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:21 PM EST
Fiscal year
FY2025
Accession
0001691421-26-000016
Accident YearDecember 31, 2020December 31, 2021December 31, 2022December 31, 2023December 31, 2024December 31, 2025December 31, 2025 / IBNRDecember 31, 2025 / Cumulative Number of Reported Claims
2020$0.7$0.6$1.0$0.6$0.7$0.720,922
202110.09.79.59.59.5197,014
202227.425.325.225.1375,674
202351.948.949.0510,111
202472.371.8697,403
2025129.76.2963,770
Total incurred losses and ALAE, net$285.8$6.22,764,894

Item 8. Financial Statements and Supplementary Data

FAQ

What is Lemonade's pet — cumulative number of reported claims?
Lemonade (LMND) reported pet — cumulative number of reported claims of 276,489,400% in Q4 2025.
How has Lemonade's pet — cumulative number of reported claims changed year-over-year?
Lemonade's pet — cumulative number of reported claims increased by 56.0% year-over-year, from 177,217,300% to 276,489,400%.
What does pet — cumulative number of reported claims mean?
This metric tracks the total volume of claims filed by policyholders within the pet insurance segment since inception. It serves as a key indicator of market penetration, product adoption, and the overall scale of the insurance portfolio. Growth in this figure demonstrates increasing customer engagement and the expansion of the insured pet base.

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