Earnings release

Lemonade, Inc. Lemonade, Inc. · Q3 2025

ReportedNov 5, 2025
Period endedSep 30, 2025
Rule of 40+44

The quarter in short

Revenue $194M, up 42.2% year over year and 18.4% on the quarter. EPS −$0.51, up 46.3% year over year and 15.0% on the quarter. Free cash flow $3M, down 81.6% year over year and 23.5% on the quarter. Rule of 40 score +44.

Reported this quarter

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Q3 2025 across the sector

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