LEMONADE INC (LMND)
Financials · Digital insurance / InsurTech · NYSE
Digital-first insurance company using AI bots and a purpose-driven Giveback model to offer instant quotes and rapid claims for renters, homeowners, pet, car, and life insurance.
What LEMONADE INC does
Lemonade is a digital-first insurance company that uses AI bots and proprietary technology to offer renters, homeowners, pet, car, and life insurance with instant quotes and rapid claims processing. The company operates wholly-owned insurance carriers in the U.S. and Europe, selling primarily through direct digital channels (98% of policies via AI Maya or APIs). Its business model aligns incentives with customers through a Giveback policy, where remaining funds after claims and expenses are donated to charities customers select, and uses reinsurance to reduce volatility.
Themes: ["Digital insurance / InsurTech","Artificial intelligence in underwriting and claims","Direct-to-consumer insurance","Purpose-driven insurance / Giveback model","Personalized pricing through data and telematics"]
Fundamentals
- Price$70.33 as of 2026-07-09 close
- Market cap$5.4B as of 2026-07-10
- 1-year return+68.3% as of 2026-07-09 close
- Net margin-16.4% as of 2026-07-10
- ROE-26.5% as of 2026-07-10
- Debt / equity0.35 as of 2026-07-10
- Revenue growth (YoY)+51.2% as of 2026-07-10
- Revenue CAGR (3y)+42.2% SEC XBRL
- Beta1.91 as of 2026-07-10
Key risks (from latest filing)
["History of losses and unprofitable operations with no guarantee of achieving or maintaining profitability in the future","Dependence on AI algorithms functioning correctly; failures in pricing, underwriting, or claims payout could materially harm operations","Reliance on third-party service providers and reinsurance partners; unavailability or unfavorable terms for reinsurance could limit growth and increase capital needs"]
Competitors & peers
- Geico (Berkshire Hathaway subsidiary)
- State Farm
- Progressive (PGR)
- Allstate (ALL)
- Liberty Mutual
- Hippo (HIP)
- Root Insurance
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.