Lemonade, Inc.
LMND · XNYSCIK 1691421fmd_1XCYJ6A6G0FX2BA5RQ3FD7GC8XFinance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance
Coverage: Jan 01, 2018 to Sep 30, 2026, 32 periods
| Line item | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Net premiums earned | 21 | 64 | 77 | 77 | 172 | 315 | 371 | 536 |
| Total revenues | 23 | 67 | 94 | 128 | 257 | 430 | 527 | 738 |
| Net investment income | 1 | 3 | 2 | 2 | 8 | 25 | 34 | 38 |
| Realized investment gains (losses) | – | 0 | 0 | 0 | (0) | (1) | 0 | 0 |
| Losses and loss adjustment expenses | 15 | 46 | 55 | 72 | 167 | 280 | 277 | 347 |
| Research and development | 5 | 10 | 19 | 52 | 80 | 89 | 86 | 94 |
| Policy acquisition costs | 1 | 2 | 5 | 10 | 17 | 22 | 31 | 32 |
| Selling, general and administrative | 51 | 110 | 127 | 214 | 261 | 231 | 291 | 364 |
| Total benefits, losses and expenses | 75 | 175 | 215 | 362 | 552 | 660 | 730 | 899 |
| Income before taxes | (53) | (108) | (121) | (234) | (295) | (230) | (204) | (161) |
| Income tax expense | 0 | 1 | 2 | 8 | 3 | 7 | (2) | 5 |
| Net income from continuing operations | (53) | (109) | (122) | (241) | (298) | (237) | (202) | (166) |
| Net income | (53) | (109) | (122) | (241) | (298) | (237) | (202) | (166) |
| Net income to common shareholders | (53) | (109) | (122) | (241) | (298) | (237) | (202) | (166) |