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Lemonade (LMND) free cash flow by quarter

Lemonade's free cash flow was $1.9M in Q3 2026 (third quarter 2026), -89% from Q4 2025. Over the last 4 quarters it ranged from $1.9M (Q3 2026) to $17.6M (Q4 2025).

Lemonade free cash flow by quarterLemonade free cash flow by quarter$3.4MQ2 2025$2.6MQ3 2025$17.6MQ4 2025$1.9MQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$1.9M-89%-27%
Q4 2025$17.6M+577%—
Q3 2025$2.6M-24%—
Q2 2025$3.4M——

Q3 2026 at a glance

Lemonade, Q3 2026: revenue $336M (+73% year over year), operating margin -12.9%, net loss $43.7M, operating cash flow $7.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Lemonade's free cash flow?

Lemonade's free cash flow was $1.9M in Q3 2026 (third quarter 2026), -89% from Q4 2025.

How has Lemonade's free cash flow changed?

Over the last 4 quarters it ranged from $1.9M (Q3 2026) to $17.6M (Q4 2025).

Q3 2026 results → · How Lemonade makes money →