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Lemonade LMND Right-of-use assets derecognized due to lease modification

Right-of-use assets derecognized due to lease modification at other companies

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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 lmnd:OperatingLeasesRightOfUseAssetsDerecognizedDueToModification.

The official record: Lemonade’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lemonade's right-of-use assets derecognized due to lease modification?
Lemonade (LMND) reported right-of-use assets derecognized due to lease modification of $775K in Q4 2025.
What does right-of-use assets derecognized due to lease modification mean?
This metric captures the non-cash reduction in the carrying value of right-of-use assets resulting from lease modifications, terminations, or impairments. It provides insight into the company's real estate or equipment footprint adjustments and the financial impact of restructuring its lease obligations. Investors use this to understand how changes in operational scale or office requirements affect the balance sheet and non-cash expense recognition.