profit from every $100 of sales.
$0$100
Lemonade
$39.97+1.06% today
-46.7% in 1 year
1-year low $39.551-year high $96.57
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Lemonade sold, what it kept, and what it did with the cash.
Sales went from $257 million in 2022 to $738 million in 2025, with -$166 million of profit last year.
SalesProfit
Lemonade vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Lemonade | No profit yet | ||
 Chubb | 13.5× · Cheap | ||
 The Progressive | 11.7× · Cheap | ||
 Tokio Marine Holdings | 15.6× · Fair price | ||
 The Travelers Companies | 12.9× · Cheap |
AI analysis
An AI analyst reads Lemonade's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 257 | 430 | 527 | 738 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -298 | -237 | -202 | -166 | |
| -4.59 | -3.40 | -2.85 | -2.24 | |
| – | – | – | – | |
| – | – | – | – | |
| -116.0% | -55.1% | -38.4% | -22.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,691 | 1,633 | 1,849 | 1,926 |
| Cash | 283 | 265 | 376 | 385 |
| Total debt | 35 | 43 | 107 | 182 |
| Total liabilities | 824 | 924 | 1,256 | 1,392 |
| 867 | 709 | 593 | 534 | |
| 65 | 70 | 71 | 74 | |
| – | – | – | – | |
| -34.4% | -33.4% | -34.1% | -31.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -163 | -119 | -11 | -17 | |
| 10 | 9 | 9 | 9 | |
| -173 | -128 | -21 | -26 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 59 | 60 | 65 | 61 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- –
- –
- 7.6×
- 4.2×
- -5.3%
- 0.0%
Profitability
- -22.4%
- -18.7%
- -28.1%
- -26.5%
- -7.1%
Growth
- +42.2%
- –
- –
- +4.1%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 2%of 843
Bottom 5%of 730
Top 10%of 862
Bottom 16%of 921
What analysts expect
- Average price target
- $72.67
- Range
- $44.00 – $92.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | -0.47 | -0.58 | +19.0% |
| Feb 19, 2026 | -0.29 | -0.41 | +29.3% |
| Nov 5, 2025 | -0.51 | -0.72 | +29.2% |
| Aug 5, 2025 | -0.60 | -0.81 | +25.9% |
| May 6, 2025 | -0.86 | -0.94 | +8.5% |
| Feb 25, 2025 | -0.42 | -0.61 | +31.1% |
| Oct 30, 2024 | -0.95 | -1.02 | +6.9% |
| Jul 30, 2024 | -0.81 | -0.85 | +4.7% |
News
Lemonade Cut Its Adjusted EBITDA Loss From $41 Million to $19 Million. Now It Has Promised Breakeven by Q4.Yahoo Finance · Aug 14, 2026The newest story we have is from Aug 14, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
22No pass
Benjamin Graham
22No pass
Philip Fisher
38No pass
Peter Lynch
68Pass
Joel Greenblatt
0No pass
Charlie Munger
18No pass
Terry Smith
19No pass
Questions about Lemonade
Is Lemonade a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Lemonade AI analysis
What does Lemonade do?
Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. It is in Insurance - Property & Casualty, based in New York, NY, United States, with 1,291 employees.
Does Lemonade pay a dividend?
No. Lemonade does not pay a dividend at the moment.
Is Lemonade stock halal?
No. Lemonade does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has Lemonade stock done over the past year?
Down 46.7% over the past twelve months, to $39.97. It traded between $39.55 and $96.57 and is 58.6% below its high.
Who are Lemonade's competitors?
The largest listed companies in the same industry are Chubb, The Progressive, Tokio Marine Holdings and The Travelers Companies. The peers table on this page compares their profit, growth and price with Lemonade's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.