Filing Flows › Lemonade (LMND) › Q2 2026 › vs Q2 2025
Lemonade (LMND) Q2 2026 vs Q2 2025 (year over year)
Lemonade's revenue rose $130M (+79%) from $164M in Q2 2025 to $294M in Q2 2026.
Lemonade, Q2 2026: revenue $294M (+79% year over year), operating margin -14.2%, net loss $43.4M, operating cash flow −$3.4M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $294M | $164M | $130M | +79% |
| Net loss | $43.4M | $43.9M | −$500K | -1% |
| Costs & expenses | $338M | $208M | $130M | +62% |
| Operating costs | $336M | $207M | $130M | +63% |
| Income tax | $1.6M | $1.3M | $300K | +23% |
| Research & development | $30.0M | $22.4M | $7.6M | +34% |
| Sales & marketing | $77.7M | $59.6M | $18.1M | +30% |
| General & admin | $47.8M | $25.8M | $22.0M | +85% |
| Other operating costs | $181M | $98.9M | $81.8M | +83% |
| Operating cash sources | $43.4M | $43.9M | −$500K | -1% |
| Depreciation & amortization | $2.4M | $4.7M | −$2.3M | -49% |
| Share-based compensation | $24.5M | $15.4M | $9.1M | +59% |
| Working capital & other | $13.1M | $29.3M | −$16.2M | -55% |
| Cash used in operations | $3.4M | −$5.5M | $8.9M | — |
| Net loss absorbed | $43.4M | $43.9M | −$500K | -1% |
Questions
How much did Lemonade's revenue grow year over year in Q2 2026?
Lemonade's revenue rose $130M (+79%) from $164M in Q2 2025 to $294M in Q2 2026.