Lemonade, Inc. (LMND) quarterly income statement — complete revenue, gross profit & net income history
| Revenue | 234.4M | 228.1M | 194.5M | 164.1M | 151.2M | 148.8M | 136.6M | 122M | 119.1M | 115.5M | 114.5M | 104.6M |
| Revenue Growth % | 55.03% | 53.29% | 42.39% | 34.51% | 26.95% | 28.83% | 19.3% | 16.63% | 25.11% | 30.66% | 54.73% | 109.2% |
| Medical Costs & Claims | 133.3M | 84.5M | 113.7M | 98.9M | 111.5M | 53.1M | 97.7M | 89.3M | 83.2M | 58.7M | 91M | 90.9M |
| Medical Cost Ratio % | 56.87% | 37.05% | 58.46% | 60.27% | 73.74% | 35.69% | 71.52% | 73.2% | 69.86% | 50.82% | 79.48% | 86.9% |
| Gross Profit | 101.1M | 143.6M | 80.8M | 65.2M | 39.7M | 95.7M | 38.9M | 32.7M | 35.9M | 56.8M | 23.5M | 13.7M |
| Gross Margin % | 43.13% | 62.95% | 41.54% | 39.73% | 26.26% | 64.31% | 28.48% | 26.8% | 30.14% | 49.18% | 20.52% | 13.1% |
| Gross Profit Growth % | 154.66% | 50.05% | 107.71% | 99.39% | 10.59% | 68.49% | 65.53% | 138.69% | 99.44% | 84.42% | 173.26% | 12.3% |
| Operating Expenses | 135.7M | 164.2M | 117.1M | 107.8M | 101.1M | 133.5M | 104.7M | 87.8M | 81.1M | 96.4M | 83.1M | 79.6M |
| OpEx / Revenue % | 57.89% | 71.99% | 60.21% | 65.69% | 66.87% | 89.72% | 76.65% | 71.97% | 68.09% | 83.46% | 72.58% | 76.1% |
| Depreciation & Amortization | 2.7M | 2.6M | 3.4M | 4.7M | 4.5M | 4.7M | 5.1M | 5.2M | 5M | 4.8M | 5M | 5.1M |
| Combined Ratio % | 114.76% | 109.03% | 118.66% | 125.96% | 140.61% | 125.4% | 148.17% | 145.16% | 137.95% | 134.29% | 152.05% | 163% |
| Operating Income | -34.6M | -20.6M | -36.3M | -42.6M | -61.4M | -37.8M | -65.8M | -55.1M | -45.2M | -39.6M | -59.6M | -65.9M |
| Operating Margin % | -14.76% | -9.03% | -18.66% | -25.96% | -40.61% | -25.4% | -48.17% | -45.16% | -37.95% | -34.29% | -52.05% | -63% |
| Operating Income Growth % | 43.65% | 45.5% | 44.83% | 22.69% | -35.84% | 4.55% | -10.4% | 16.39% | 30.14% | 41.85% | 33.11% | -1.38% |
| EBITDA | -31.9M | -18M | -32.9M | -37.9M | -56.9M | -33.1M | -60.7M | -49.9M | -40.2M | -34.8M | -54.6M | -60.8M |
| EBITDA Margin % | -13.61% | -7.89% | -16.92% | -23.1% | -37.63% | -22.24% | -44.44% | -40.9% | -33.75% | -30.13% | -47.69% | -58.13% |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | -34.6M | -20.6M | -36.3M | -42.6M | -61.4M | -37.8M | -65.8M | -55.1M | -45.2M | -39.6M | -59.6M | -65.9M |
| Pretax Margin % | -14.76% | -9.03% | -18.66% | -25.96% | -40.61% | -25.4% | -48.17% | -45.16% | -37.95% | -34.29% | -52.05% | -63% |
| Income Tax | 1.2M | 1.1M | 1.2M | 1.3M | 1M | -7.8M | 1.9M | 2.1M | 2.1M | 2.8M | 1.9M | 1.3M |
| Effective Tax Rate % | -3.47% | -5.34% | -3.31% | -3.05% | -1.63% | 20.63% | -2.89% | -3.81% | -4.65% | -7.07% | -3.19% | -1.97% |
| Net Income | -35.8M | -21.7M | -37.5M | -43.9M | -62.4M | -30M | -67.7M | -57.2M | -47.3M | -42.4M | -61.5M | -67.2M |
| Net Margin % | -15.27% | -9.51% | -19.28% | -26.75% | -41.27% | -20.16% | -49.56% | -46.89% | -39.71% | -36.71% | -53.71% | -64.24% |
| Net Income Growth % | 42.63% | 27.67% | 44.61% | 23.25% | -31.92% | 29.25% | -10.08% | 14.88% | 28.12% | 33.44% | 32.71% | 1.03% |
| EPS (Diluted) | -0.47 | -0.33 | -0.51 | -0.60 | -0.86 | -0.42 | -0.95 | -0.81 | -0.67 | -0.61 | -0.88 | -0.97 |
| EPS Growth % | 45.35% | 21.43% | 46.32% | 25.93% | -28.36% | 31.15% | -7.95% | 16.49% | 29.47% | 33.7% | 35.77% | 11.82% |
| EPS (Basic) | -0.47 | -0.33 | -0.51 | -0.60 | -0.86 | -0.42 | -0.95 | -0.81 | -0.67 | -0.61 | -0.88 | -0.97 |
| Diluted Shares Outstanding | 76.31M | 71.82M | 74.19M | 73.43M | 72.92M | 71.02M | 71.14M | 70.72M | 70.28M | 70M | 69.75M | 69.53M |