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RoadzenRDZN
$293.96K+17.8%

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$4.01B+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:ResearchAndDevelopmentExpense.

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
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
Loss before income taxes(34.6)(61.4)
Income tax expense1.21.0

Item 1. Financial Statements.

FAQ

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.

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