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AI-first homeowners/renters/pet/term-life/car; IPO Jul 2020 at $1.6B, opened $50, peaked $188 Jan 2021. Dragged gross loss ratio 105% (2022) to 72% (2025). Approaching GAAP breakeven 2026. The buzzy insurtech that proved AI claims are real but insurance discipline matters more.
Lemonade (LMND) is an Insurance: Insurtech company. AI-first homeowners/renters/pet/term-life/car; IPO Jul 2020 at $1.6B, opened $50, peaked $188 Jan 2021. Dragged gross loss ratio 105% (2022) to 72% (2025). Approaching GAAP breakeven 2026. The buzzy insurtech that proved AI claims are real but insurance discipline matters more. It was founded in 2015, is headquartered in New York, NY and employs about 1,400 people.
Track Lemonade's quarterly and annual revenue, gross and net margins, and EPS in the interactive charts on this page. Data last updated October 1, 2026.
Sterling groups Lemonade in the Insurance industry, alongside Root (ROOT), Hippo (HIPO), Oscar Health (OSCR), Clover Health (CLOV), Goosehead Insurance (GSHD) and Trupanion (TRUP).
If you are researching Lemonade, also look at Root (ROOT), Hippo (HIPO) and Oscar Health (OSCR). You can compare all of them side by side or browse the full Insurance industry on Sterling.
Q3 2018-Q2 2026(All available data)
Q1 2018-Q2 2026(All available data)