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Lemonade LMND Fee income

Fee income at other companies

Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$13.78M-13.1%
MetLife logo
MetLifeMET
$1.37B+9.0%
Cincinnati Financial logo
Cincinnati FinancialCINF
$5M0.0%

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$4.1B+5.9%
Enterprise value$3.73B+6.5%
P/S4.9×-1.6×

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:InsuranceCommissionsAndFees.

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
Net earned premium$212.6$104.3
Ceding commission income23.626.9
Net investment income9.89.5
Commission and other income12.010.5
Total revenue258.0151.2
Expense
Loss and loss adjustment expense, net133.385.4
Other insurance expense24.126.1

Item 1. Financial Statements.

FAQ

What is Lemonade's fee income?
Lemonade (LMND) reported fee income of $12M in Q1 2026.
How has Lemonade's fee income changed year-over-year?
Lemonade's fee income increased by 14.3% year-over-year, from $10.5M to $12M.
What is the long-term trend for Lemonade's fee income?
Over 4 years (2021 to 2025), Lemonade's fee income has grown at a 72.9% compound annual growth rate (CAGR), from $4.6M to $41.1M.
What does fee income mean?
This captures revenue derived from service fees, policy administration charges, or commissions earned outside of standard net premiums. It highlights the company's ability to diversify revenue streams beyond pure underwriting risk. Growth in this area often signals successful expansion into ancillary insurance services or platform-based offerings.

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