Superworth

Lemonade profit margin LMND

Gross, operating and net profit as a share of revenue over the last twelve months, from 2023.

Net margin, 12 months
−14.2%
Net margin on a year earlier
+19.8 pts
Peer median
19.5%

Over the twelve months to Jun 30, 2026, Lemonade kept −14.2% of its revenue as net profit.

The median for 10 property and casualty insurers of a similar size is 19.5%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY2025−22.4%
FY2024−38.4%
FY2023−55.1%
FY2022n/a
FY2021n/a
FY2020n/a
FY2019n/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY26−14.2%+19.8 pts
Q1 FY26−16.4%+22.5 pts
Q4 FY25−22.4%+16.0 pts
Q3 FY25−26.4%+17.1 pts
Q2 FY25−34.0%+10.3 pts
Q1 FY25−38.9%+9.2 pts
Q4 FY24−38.4%+16.7 pts
Q3 FY24−43.5%+20.6 pts
Q2 FY24−44.2%+35.3 pts
Q1 FY24−48.1%+45.8 pts
Q4 FY23−55.1%n/a
Q3 FY23−64.1%n/a

Against its peers

Companies in Insurance - Property & Casualty nearest Lemonade's size, closest first, today.

CompanyProfit margin
LMNDLemonade−14.2%
SLDESlide Insurance40.0%
PLMRPalomar18.6%
SPNTSiriusPoint15.6%
SKWDSkyward Specialty Insurance10.8%
HCIHCI32.6%
HGHamilton Insurance28.8%
WTMWhite Mountains Insurance29.3%
MCYMercury General14.8%
SIGISelective Insurance9.4%
RLIRLI20.3%
Peer median19.5%

Where Lemonade ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Lemonade

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.