Lemonade, Inc.

LMND

Lemonade, Inc.

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Lemonade, Inc..

R40: 77 · 2026 Q2 $3.58B
$48.31
News

Coverage

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Rule of 40 2026 Q2
76.7
✓ Passing
Revenue Growth YoY +79.4%
+
FCF Margin -2.7%
History
29
Q3
37
Q4
2024 R40 +19
-6
Q1
37
Q2
44
Q3
61
Q4
2025 R40 +37
69
Q1
77
Q2
ANALYST RATINGS
Buy Avg target withheld — over 90 days old
Latest analyst action Feb 10, 2026
LMND
Truist
Buy $98
Initiated
2026-01-06
Morgan Stanley
Equal-Weight $85
Upgrade
2025-12-16
Cantor Fitzgerald
Overweight $60
Initiated
2025-08-13
Morgan Stanley
Underweight $24
Downgrade
2025-04-08
Morgan Stanley
Equal-Weight $42
Upgrade
2024-11-20

See all 18 ratings →

Company timeline

Earnings release dates

Quarter End date Publication date Release
2026 Q2 2026-06-30 2026-07-29 Details →
2026 Q1 2026-03-31 2026-04-30 Details →
2025 Q4 2025-12-31 2026-02-19 Details →
2025 Q3 2025-09-30 2025-11-05 Details →
2025 Q2 2025-06-30 2025-07-31 Details →
2025 Q1 2025-03-31 2025-05-01 Details →
2024 Q4 2024-12-31 2025-02-20 Details →
2024 Q3 2024-09-30 2024-11-06 Details →
2024 Q2 2024-06-30 2024-07-31 Details →

All LMND earnings →

Background

Company History

Exchange
NYSE
IPO Date
Jul 2, 2020
IPO Price
$29.00
as issued; not split-adjusted, so not comparable to the current price
Shares Outstanding
74.2M
2015
Lemonade Founded

Founded in April by Daniel Schreiber and Shai Wininger in New York City.

2015
Seed Funding

Secured $13 million in seed funding from Sequoia Capital and Aleph in December.

2016
Series A & B Rounds

Raised $13 million from XL Innovate in August, followed by $34 million Series B led by General Catalyst in December.

2017
SoftBank Investment

Allianz and Ashton Kutcher\

2019
$300M Series D

Raised $300 million in Series D financing led by SoftBank Group.

2020
European Expansion

Began offering insurance in France in December and won trademark dispute with T-Mobile over pink color.

2020
IPO on NYSE

Launched in Netherlands in April; went public on NYSE under ticker LMND on July 1.

2021
Metromile Acquisition

Announced full acquisition of Metromile in November, completed July 29, 2022.

2026
Tesla Autonomous Insurance Partnership

Partnered with Tesla to launch Lemonade Autonomous Car Insurance for self-driving cars.

Leadership

Key Players

Daniel Schreiber
Co-founder & CEO
daschreiber
Israeli-American entrepreneur; previously president of Powermat Technologies.
Shai Wininger
Co-founder & President
shaiwininger
Serial entrepreneur; co-founded Fiverr before starting Lemonade.
Tim Bixby
CFO
Oversees finance, accounting, and investor relations; previously CFO at Shutterstock.
Maya Prosor
General Counsel
Leads legal, compliance, and regulatory affairs globally.
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