Lemonade, Inc. (LMND) FY2026 Q2 Balance Sheet

Lemonade, Inc. (LMND) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

2,011,900,000 US dollars

Liabilities

1,512,400,000 US dollars

Equity

499,500,000 US dollars

Fixed maturities available-for-sale, at fair value (amortized cost: $772.4 million and $706.0 million as of June 30, 2026 and December 31, 2025, respectively)

768,500,000 US dollars

Premium receivable, net of allowance for credit losses of $5.0 million and $4.1 million as of June 30, 2026 and December 31, 2025, respectively

490,400,000 US dollars

Cash, cash equivalents and restricted cash

380,300,000 US dollars

Reinsurance recoverable

132,100,000 US dollars

Prepaid reinsurance premium

125,300,000 US dollars

Other assets

44,000,000 US dollars

Goodwill

19,000,000 US dollars

Property and equipment, net

18,900,000 US dollars

Deferred acquisition costs

16,100,000 US dollars

Short-term investments (cost: $9.2 million and $14.1 million as of June 30, 2026 and December 31, 2025, respectively)

9,200,000 US dollars

Intangible assets

8,100,000 US dollars

Unearned premium

661,700,000 US dollars

Unpaid loss and loss adjustment expense

307,500,000 US dollars

Borrowings under financing agreement

206,400,000 US dollars

Funds held for reinsurance treaties

153,000,000 US dollars

Other liabilities and accrued expenses

126,600,000 US dollars

Deferred ceding commission

34,200,000 US dollars

Ceded premium payable

20,600,000 US dollars

Trade payables

2,400,000 US dollars

Additional paid-in capital

2,043,300,000 US dollars

Common stock, $0.00001 par value, 200,000,000 shares authorized; 77,326,718 and 75,907,215 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively

0 US dollars

Accumulated deficit

negative 1,543,500,000 US dollars

Accumulated other comprehensive (loss) income

negative 300,000 US dollars

Gross equity (calculated)

2,043,300,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.