Sells renters, homeowners, pet, car, and life insurance policies online.
Jun 2026Revenue $975M/yrExpenses $1.11B/yr
Expected break-even Apr 2027
Figures by year
When will Lemonade be profitable?
Its revenue and expense trends are projected to cross in Apr 2027. In the 12 months to Jun 2026, revenue was $975M and expenses $1.11B.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $738M | $899M | −$161M |
| Dec 2024 | $527M | $730M | −$204M |
| Dec 2023 | $430M | $660M | −$230M |
| Dec 2022 | $257M | $552M | −$295M |
| Dec 2021 | $128M | $362M | −$234M |
| Dec 2020 | $94.4M | $215M | −$121M |
| Dec 2019 | $67.3M | $175M | −$108M |
| Dec 2018 | $22.5M | $75.1M | −$52.6M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.