Filing Flows › Lemonade (LMND) › R&D spending
Lemonade (LMND) R&D spending by quarter
Lemonade's R&D spending was $29.2M in Q3 2026 (third quarter 2026), -3% from Q2 2026. Over the last 7 quarters it ranged from $22.0M (Q1 2025) to $30.0M (Q2 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $29.2M | -3% | +18% |
| Q2 2026 | $30.0M | +12% | +34% |
| Q1 2026 | $26.9M | +8% | +22% |
| Q4 2025 | $24.8M | +0.4% | — |
| Q3 2025 | $24.7M | +10% | — |
| Q2 2025 | $22.4M | +2% | — |
| Q1 2025 | $22.0M | — | — |
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 R&D spending?
Lemonade's R&D spending was $29.2M in Q3 2026 (third quarter 2026), -3% from Q2 2026.
How has Lemonade's R&D spending changed?
Over the last 7 quarters it ranged from $22.0M (Q1 2025) to $30.0M (Q2 2026).