The Tip Desk

Lemonade, Inc.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$737.9$526.5$429.8$256.7$128.4
Net income-$165.5-$202.2-$236.9-$297.8-$241.3
Cash Flow Statement
Free cash flow-$25.9-$20.8-$128.3-$173.1-$154.0

Shares outstanding 76.8M · Free float 62.4%

Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.

Coverage