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Lemonade LMND Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims

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Segments

By segment

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Reportable Segment$133.3M+56.1%

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:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

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
Commission and other income12.010.5
Total revenue258.0151.2
Expense
Loss and loss adjustment expense, net133.385.4
Other insurance expense24.126.1
Sales and marketing66.143.2
Technology development26.922.0
General and administrative42.235.9

Item 1. Financial Statements.

FAQ

What is Lemonade's liability for unpaid claims and claims adjustment expense, incurred claims?
Lemonade (LMND) reported liability for unpaid claims and claims adjustment expense, incurred claims of $133.3M in Q1 2026.
How has Lemonade's liability for unpaid claims and claims adjustment expense, incurred claims changed year-over-year?
Lemonade's liability for unpaid claims and claims adjustment expense, incurred claims increased by 56.1% year-over-year, from $85.4M to $133.3M.
What is the long-term trend for Lemonade's liability for unpaid claims and claims adjustment expense, incurred claims?
Over 4 years (2021 to 2025), Lemonade's liability for unpaid claims and claims adjustment expense, incurred claims has grown at a 48.2% compound annual growth rate (CAGR), from $71.9M to $347M.
What does liability for unpaid claims and claims adjustment expense, incurred claims mean?
This represents the total estimated cost of claims that have been reported but not yet settled, plus an estimate for claims incurred but not reported. It is a fundamental measure of the company's future obligations to policyholders. Accurate estimation of these liabilities is essential for maintaining long-term solvency and profitability.

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