Filing Flows › Lemonade (LMND) › How it makes money
How Lemonade (LMND) makes money
Lemonade (LMND) made $336M of revenue in the third quarter 2026 (Q3 2026), +73% from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $336M | 100.0% |
| Income tax | $500K | 0.1% |
| Operating cash flow | $7.3M | 2.2% |
| Free cash flow | $1.9M | 0.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $336M | +73% |
| Q2 2026 | $294M | +79% |
| Q1 2026 | $258M | +71% |
| Q4 2025 | $228M | +53% |
| Q3 2025 | $194M | +42% |
| Q2 2025 | $164M | +34% |
| Q1 2025 | $151M | +27% |
From Lemonade's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Lemonade make money?
Lemonade (LMND) made $336M of revenue in the third quarter 2026 (Q3 2026), +73% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.