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Lemonade LMND Business Segments — Other insurance expense

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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 lmnd:OtherInsuranceExpense.

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
Total revenue$258.0$151.2
less: Loss and loss adjustment expenses, net133.385.4
Other insurance expense24.126.1
Sales and marketing11.85.1
Advertising expenses54.338.1
Technology development26.922.0
General and administrative35.028.1
Interest expense6.23.3

Item 1. Financial Statements.

FAQ

What is Lemonade's business segments — other insurance expense?
Lemonade (LMND) reported business segments — other insurance expense of $24.1M in Q1 2026.
How has Lemonade's business segments — other insurance expense changed year-over-year?
Lemonade's business segments — other insurance expense decreased by 7.7% year-over-year, from $26.1M to $24.1M.
What is the long-term trend for Lemonade's business segments — other insurance expense?
Over 3 years (2022 to 2025), Lemonade's business segments — other insurance expense has grown at a 28.7% compound annual growth rate (CAGR), from $44M to $93.7M.
What does business segments — other insurance expense mean?
Captures operational costs directly attributable to the insurance segment that are not classified as claims or acquisition expenses. This includes administrative overhead related to policy maintenance, regulatory compliance, and insurance-specific operational support. Monitoring this helps evaluate the efficiency of the segment's core insurance operations.

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