Lemonade, Inc.
Lemonade, Inc. (LMND) is listed on NYSE and classified in Insurance - Property & Casualty, part of the Financial Services sector. It is headquartered in New York, United States and has 1,282 employees. The company is worth $3.51B. Revenue was $737.9M in fiscal 2025, up 40.2% from the year before. It reported a net loss of $165.5M. The share price is 54.5% below its 52-week high of $99.90. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Baillie Gifford (Baillie Gifford & Co), at $178.95M. In that quarter, 2 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -10.6% over 5Y.
today you would have $711.07▼ -28.9%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 6 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Year-end price | $71.18 | $36.68 | $16.13 | $13.68 | $42.11 | $122.50 | |
| P/S | 6.2x | 7.4x | 5.1x | 2.6x | 3.7x | 20.2x | 79.5x |
| P/B | 3.6x | 10.2x | 4.5x | 1.6x | 1.1x | 2.6x | 13.9x |
| EPS | -$2.24 | -$2.85 |
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| FIBKFirst Interstate Bancsystem Inc | $36.88 | 11.4x | 1.1x | 5.10% | 9.62% | $3.51B |
| MIAXMiami International Holdings Inc | $34.99 | 33.6x | 3.0x | 0.00% | 18.14% | $3.47B |
| NICNicolet Bankshares Inc | $163.80 | 18.3x | 1.5x | 0.83% | 8.91% | $3.43B |
| FFBCFirst Financial Bancorp |
| -$3.40 |
| -$4.59 |
| -$3.94 |
| -$3.63 |
| Profit margin | -85.56% | -22.43% | -38.40% | -55.12% | -116.01% | -187.93% | -129.56% |
| ROE | -32.22% | -31.02% | -34.07% | -33.42% | -34.36% | -24.42% | -22.61% |
Median of the years shown; P/E years above 200x are left out.
| $32.47 |
| 11.2x |
| 1.1x |
| 3.11% |
| 10.29% |
| $3.41B |
| LAZLazard, Inc. | $37.30 | 18.3x | 4.0x | 5.36% | 25.66% | $3.63B |
| GNWGenworth Financial Inc | $8.94 | 17.9x | 0.4x | 0.00% | 3.40% | $3.38B |