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Lemonade LMND R&D

R&D at other companies

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ZoetisZTS
$180M+11.1%

Segments

By segment

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Reportable Segment$26.9M+22.3%

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 / equity0×0.0×

Where this comes from

Reported directly by Lemonade in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?
Lemonade (LMND) reported R&D of $26.9M in Q1 2026.
How has Lemonade's R&D changed year-over-year?
Lemonade's R&D increased by 22.3% year-over-year, from $22M to $26.9M.
What is the long-term trend for Lemonade's R&D?
Over 4 years (2021 to 2025), Lemonade's R&D has grown at a 16.0% compound annual growth rate (CAGR), from $51.8M to $93.9M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.