SuperworthLemonade shares outstanding LMND
Diluted shares outstanding, averaged over each quarter, from 2019.
- Latest quarter, to Jun 30, 2026
- 77M
- On a year earlier
- +4.8%
- more shares
Lemonade had 77M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 4.8% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 75.2M | +5% |
| FY2024 | 71.9M | +3% |
| FY2023 | 70M | +1% |
| FY2022 | 69.2M | +12% |
| FY2021 | 61.6M | +9% |
| FY2020 | 56.6M | +403% |
| FY2019 | 11.3M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 77M | +5% | |
| Q1 FY26 | 76.3M | +5% | |
| Q4 FY25 | 75.2M | +5% | |
| Q3 FY25 | 74.2M | +4% | |
| Q2 FY25 | 73.4M | +4% | |
| Q1 FY25 | 72.9M | +4% | |
| Q4 FY24 | 71.9M | +3% | |
| Q3 FY24 | 71.1M | +2% | |
| Q2 FY24 | 70.7M | +2% | |
| Q1 FY24 | 70.3M | +1% | |
| Q4 FY23 | 70M | +1% | |
| Q3 FY23 | 69.8M | +4% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Lemonade
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.