What is Lemonade's net income?

Lemonade (LMND) reported net income of -$35.8M in Q1 2026.

How has Lemonade's net income changed year-over-year?

Lemonade's net income increased by 42.6% year-over-year, from -$62.4M to -$35.8M.

What is the long-term trend for Lemonade's net income?

Over 4 years (2021 to 2025), Lemonade's net income has grown at a -9.0% compound annual growth rate (CAGR), from -$241.3M to -$165.5M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Lemonade LMND Net Income

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Segments

By segment

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Reportable Segment-$35.8M+42.6%

Other financials

Income statement

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Revenue$258.0M+70.6%

EPS (diluted)-$0.47+45.3%

Balance sheet

See full

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

See full

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

See full

Net margin-16.4%-6.0pp

FCF margin-15.4%-6.4pp

Returns & leverage

See full

Return on equity-26.1%-5.5pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Lemonade in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?: Lemonade (LMND) reported net income of -$35.8M in Q1 2026.
How has Lemonade's net income changed year-over-year?: Lemonade's net income increased by 42.6% year-over-year, from -$62.4M to -$35.8M.
What is the long-term trend for Lemonade's net income?: Over 4 years (2021 to 2025), Lemonade's net income has grown at a -9.0% compound annual growth rate (CAGR), from -$241.3M to -$165.5M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.