Lemonade, Inc. (LMND)
NYSE: LMND · Real-Time Price · USD
55.10
-0.03 (-0.05%)
At close: Mar 9, 2026, 4:00 PM EDT
54.53
-0.57 (-1.03%)
After-hours: Mar 9, 2026, 7:41 PM EDT
Lemonade Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Net Income | -165.5 | -202.2 | -236.9 | -297.8 | -241.3 | |
| Depreciation & Amortization | 15.2 | 20 | 20 | 12.2 | 3.7 | |
| Gain (Loss) on Sale of Investments | -5.8 | -6.1 | -2.6 | 6.7 | -4.2 | |
| Stock-Based Compensation | 61.3 | 64.5 | 59.9 | 59.3 | 44.1 | |
| Change in Accounts Receivable | -123.2 | -90.2 | -50.5 | -43.8 | -47.2 | |
| Reinsurance Recoverable | 17 | -32 | 18.4 | -52.6 | -40.8 | |
| Change in Accounts Payable | -4 | 3.9 | -0.5 | -0.7 | -0.4 | |
| Change in Unearned Revenue | 94.6 | 125.5 | 67.4 | 68.3 | 98 | |
| Change in Insurance Reserves / Liabilities | 5 | 35.8 | 6.1 | 74 | 51.6 | |
| Change in Other Net Operating Assets | 119 | -29.9 | -7.9 | -17 | -58.3 | |
| Other Operating Activities | -2.3 | - | - | - | - | |
| Operating Cash Flow | -16.5 | -11.4 | -119.1 | -163 | -144.6 | |
| Capital Expenditures | -9.4 | -9.4 | -9.2 | -10.1 | -9.4 | |
| Cash Acquisitions | - | - | - | 98.8 | - | |
| Investment in Securities | -79.7 | 50 | 97.9 | 92.4 | -795.4 | |
| Investing Cash Flow | -89.1 | 40.6 | 88.7 | 181.1 | -804.8 | |
| Long-Term Debt Issued | 133 | 96.1 | 19.1 | - | - | |
| Total Debt Repaid | -58.3 | -27.7 | -4.2 | - | - | |
| Net Debt Issued (Repaid) | 74.7 | 68.4 | 14.9 | - | - | |
| Issuance of Common Stock | 31.9 | 19.3 | 0.5 | 3.6 | 649.6 | |
| Financing Cash Flow | 106.6 | 87.7 | 15.4 | 3.6 | 649.6 | |
| Foreign Exchange Rate Adjustments | 10.1 | -2.7 | - | -5.8 | -1 | |
| Net Cash Flow | 11.1 | 114.2 | -15 | 15.9 | -300.8 | |
| Free Cash Flow | -25.9 | -20.8 | -128.3 | -173.1 | -154 | |
| Free Cash Flow Margin | -3.51% | -3.95% | -29.85% | -67.43% | -119.94% | |
| Free Cash Flow Per Share | -0.35 | -0.29 | -1.84 | -2.67 | -2.52 | |
| Cash Interest Paid | 16.3 | 5 | 0.3 | - | - | |
| Cash Income Tax Paid | 2.5 | 2.5 | 0.7 | 3.4 | 3.2 | |
| Levered Free Cash Flow | 115.35 | 50.45 | 193.66 | -142.4 | -210.5 | |
| Unlevered Free Cash Flow | 126.16 | 54.33 | 193.91 | -142.4 | -210.5 | |
| Change in Working Capital | 58.5 | 101.1 | 28.7 | 47.9 | 46.9 | |
Source: S&P Capital IQ. Insurance template.
Financial Sources.