Latest revenue
$9.8M
as of 2026-03-31
Latest net income
$-35.8M
as of 2026-03-31
Net margin
-365.3%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $4.34B
- Enterprise value
- $4.34B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $99.90
- 52-wk low
- $31.00
- Beta
- —
- Shares out
- 76.8M
5-year trend
What this company does
Table of Contents PART I Item 1. Business Overview Lemonade is rebuilding insurance from the ground up on a digital substrate and an innovative business model. By leveraging technology, data, artificial intelligence, contemporary design, and social impact, we believe we are making insurance more delightful, more affordable, and more precise. To that end, we have built a vertically-integrated company with wholly-owned insurance carriers in the United States and Europe, including the UK, and the full technology stack to power them. A brief chat with our bot, AI Maya, is all it takes to get covered with renters, homeowners, pet, car or life insurance, and we expect to offer a similar…
AI summary unavailable — showing raw filing excerpt
Generated from LMND's filing dated 2026-02-25
Key risks
Table of Contents Item 1A. Risk Factors Investing in our common stock involves a high degree of risk. You should carefully consider the following risks, together with all of the other information contained in this Annual Report, before deciding to invest in our common stock. Our business, financial condition, results of operations or prospects could be materially and adversely affected by any of these risks or uncertainties. In that case, the trading price of our common stock could decline, and you may lose all or part of your investment. Risks Relating to Our Business We have a history of losses and we may not achieve or maintain profitability in the future. We have not been profitable…
AI summary unavailable — showing raw filing excerpt
Generated from LMND's filing dated 2026-02-25
Profitability
Net margin
-22.4%
41.6%Return on equity
-31.0%
9.0%Return on assets
-8.6%
21.4%Leverage
Debt / equity
2.61×
23.3%Debt / assets
72.3%
6.5%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $9.8M | +3.2% | $-35.8M | +42.6% | -365.3% |
Q4 2025 2025-12-31 | $709.3M | +41.3% | $-21.7M | +27.7% | -3.1% |
Q3 2025 2025-09-30 | $9.7M | +9.0% | $-37.5M | +44.6% | -386.6% |
Q2 2025 2025-06-30 | $9.4M | +16.0% | $-43.9M | +23.3% | -467.0% |
Q1 2025 2025-03-31 | $9.5M | +25.0% | $-62.4M | -31.9% | -656.8% |
Q4 2024 2024-12-31 | $501.9M | — | $-30.0M | — | -6.0% |
Q3 2024 2024-09-30 | $8.9M | +27.1% | $-67.7M | -10.1% | -760.7% |
Q2 2024 2024-06-30 | $8.1M | +44.6% | $-57.2M | +14.9% | -706.2% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Fire, Marine & Casualty Insurance · SIC 6331
Your notes
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Insider activity
Insider buying
$485.5K
Insider selling
$37.1M
Net activity
−$36.6M
Distinct insiders
7
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns LMND
Institutional value
$1.70B
Total shares held
28.3M
Distinct holders
217
-132 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 5.0M | $311.5M | +19.2K (+0.4%) | Added |
| 2 | JPMORGAN CHASE & CO | 5.3M | $309.0M | +779.4K (+17.4%) | Added |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 3.0M | $189.2M | — | New |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.0M | $186.9M | — | New |
| 5 | BAILLIE GIFFORD & CO | 2.8M | $173.4M | -100.0K (-3.5%) | Trimmed |
| 6 | JANE STREET GROUP, LLC | 1.2M | $76.4M | +1.2M (+27866.4%) | Added |
| 7 | BIT Capital GmbH | 583.8K | $36.6M | -1.2M (-68.0%) | Trimmed |
| 8 | Walleye Capital LLC | 567.1K | $35.5M | +561.9K (+10866.5%) | Added |
| 9 | Halter Ferguson Financial Inc. | 546.3K | $34.2M | -54.5K (-9.1%) | Trimmed |
| 10 | Nuveen, LLC | 456.5K | $28.6M | +89.3K (+24.3%) | Added |
| 11 | VANGUARD FIDUCIARY TRUST CO | 442.9K | $27.8M | — | New |
| 12 | UBS Group AG | 346.8K | $21.7M | +29.8K (+9.4%) | Added |
| 13 | CITIGROUP INC | 269.9K | $16.9M | +201.0K (+291.9%) | Added |
| 14 | Privium Fund Management B.V. | 255.3K | $16.0M | +7.0K (+2.8%) | Added |
| 15 | TB Alternative Assets Ltd. | 235.8K | $14.8M | — | New |
| 16 | LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | 211.7K | $13.3M | +133.0K (+168.8%) | Added |
| 17 | WELLS FARGO & COMPANY/MN | 181.8K | $11.4M | +31.9K (+21.3%) | Added |
| 18 | Bank of New York Mellon Corp | 181.5K | $11.4M | -4.1K (-2.2%) | Trimmed |
| 19 | GROUP ONE TRADING LLC | 180.0K | $11.3M | +69.6K (+63.0%) | Added |
| 20 | FEDERATED HERMES, INC. | 168.7K | $10.6M | -50.8K (-23.2%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once LMND's latest filing finishes processing.