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Lemonade LMND Business Segments — Loss and loss adjustment expense, net

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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$4.52B+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:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

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 business segments — loss and loss adjustment expense, net?
Lemonade (LMND) reported business segments — loss and loss adjustment expense, net of $133.3M in Q1 2026.
How has Lemonade's business segments — loss and loss adjustment expense, net changed year-over-year?
Lemonade's business segments — loss and loss adjustment expense, net increased by 56.1% year-over-year, from $85.4M to $133.3M.
What is the long-term trend for Lemonade's business segments — loss and loss adjustment expense, net?
Over 3 years (2022 to 2025), Lemonade's business segments — loss and loss adjustment expense, net has grown at a 27.5% compound annual growth rate (CAGR), from $167.3M to $347M.
What does business segments — loss and loss adjustment expense, net mean?
Measures the costs associated with insurance claims incurred by the segment, including both paid losses and reserves for future claim payments. This is a critical indicator of underwriting discipline and the accuracy of actuarial risk assessment. Lower values relative to premiums earned suggest more effective risk selection and pricing.