Lemonade, Inc.
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $367.6M | $374.3M | $385.0M | $345.9M | $377.5M | $309.2M | $376.0M | $329.8M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $18.9M | $16.7M | $15.8M | $15.3M | $16.0M | $16.2M | $16.1M | $16.0M |
| Goodwill | $19.0M | $19.0M | $19.0M | $19.0M | $19.0M | $19.0M | $19.0M | $19.0M |
| Intangible Assets (Excl. Goodwill) | $8.1M | $8.1M | $8.1M | $8.1M | $8.8M | $11.2M | $13.6M | $15.8M |
| Total Assets | $2.01B | $1.96B | $1.93B | $1.92B | $1.93B | $1.86B | $1.85B | $1.82B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $1.51B | $1.44B | $1.39B | $1.40B | $1.41B | $1.31B | $1.26B | $1.23B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-1.54B | $-1.50B | $-1.46B | $-1.44B | $-1.41B | $-1.36B | $-1.30B | $-1.27B |
| Total Stockholders' Equity | $499.5M | $518.0M | $533.6M | $516.2M | $527.1M | $545.5M | $593.4M | $593.0M |