Lemonade, Inc. (LMND) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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Lemonade, Inc. (LMND) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETNet earned premiumCeding commission incomeCommission and other incomeNet investment incomeTotal revenueOperating profit (calculated)Total expenseLoss and loss adjustment expense, netSales and marketingGeneral and administrativeTechnology developmentOther insurance expenseLoss before income taxesNet lossIncome tax expenseOperating profit (calculated)Operating profit(calculated)−$41.80 MLoss before income taxesLoss beforeincome taxes−$41.80 MTotal revenueTotal revenue$294.40 MNet lossNet loss−$43.40 MTotal expenseTotal expense$336.20 MNet earned premiumNet earned premium$252.00 MIncome tax expenseIncome tax expense$1.60 MLoss and loss adjustment expense, netLoss and lossadjustment expense, net$154.00 MCeding commission incomeCeding commission income$20.40 MSales and marketingSales and marketing$77.70 MCommission and other incomeCommission and other income$12.30 MNet investment incomeNet investment income$9.70 MGeneral and administrativeGeneral and administrative$47.80 MTechnology developmentTechnology development$30.00 MOther insurance expenseOther insurance expense$26.70 M
Chart details

Lemonade, Inc. (LMND) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue
294,400,000 US dollars
Total expense
336,200,000 US dollars
Operating profit (calculated)
negative 41,800,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Loss before income taxes
negative 41,800,000 US dollars
Income tax expense
1,600,000 US dollars
Net loss
negative 43,400,000 US dollars
Net investment income
9,700,000 US dollars
Ceding commission income
20,400,000 US dollars
Net earned premium
252,000,000 US dollars
Commission and other income
12,300,000 US dollars
Loss and loss adjustment expense, net
154,000,000 US dollars
Other insurance expense
26,700,000 US dollars
Technology development
30,000,000 US dollars
Sales and marketing
77,700,000 US dollars
General and administrative
47,800,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Lemonade, Inc. (LMND) FY2026 Q2 P&L / Income Statement Sankey chart
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Operating margin

−14.2%

Operating profit / revenue

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