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Lemonade LMND Other insurance expense

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Segments

By segment

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Reportable Segment$24.1M-7.7%

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 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
Total expense292.6212.6

Item 1. Financial Statements.

FAQ

What is Lemonade's other insurance expense?
Lemonade (LMND) reported other insurance expense of $24.1M in Q1 2026.
How has Lemonade's other insurance expense changed year-over-year?
Lemonade's 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 other insurance expense?
Over 4 years (2021 to 2025), Lemonade's other insurance expense has grown at a 40.4% compound annual growth rate (CAGR), from $24.1M to $93.7M.
What does other insurance expense mean?
This encompasses operational costs directly attributable to the insurance business that are not classified as claims or acquisition expenses. It includes administrative overhead related to policy servicing and underwriting operations. Tracking this helps assess the efficiency of the company's insurance-specific cost structure.

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