The table below shows Lemonade, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$737.90M
$526.50M
$429.80M
$256.70M
$128.40M
$94.40M
Cost of revenue
-
-
-
-
-
-
Gross profit
-
-
-
-
-
-
R&D
$93.90M
$85.80M
$88.80M
$79.60M
$51.80M
$19.40M
SG&A
LMND annual revenue (10-K history)
Lemonade, Inc. reported annual revenue of $737.90M for fiscal year 2025. That is up 40.2% from $526.50M in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $22.50M (FY 2018) to $737.90M. Figures come from the company's audited annual reports as filed with the SEC.
