Financial Statements — LMND
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.37 | 0.37 | 0.35 | 0.38 | 0.31 | 0.33 | 0.34 | 0.28 | 0.23 | 0.19 | 0.25 | 0.22 | 0.20 | 0.23 | 0.32 | 1.09 | 1.17 |
| Short-term Investments | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.02 | 0.07 | 0.07 | 0.09 | 0.14 | 0.09 | 0.08 | 0.11 | -- | -- |
| Total Assets | 2.01 | 1.96 | 1.92 | 1.93 | 1.86 | 1.82 | 1.71 | 1.65 | 1.65 | 1.61 | 1.64 | 1.71 | 1.46 | 1.50 | 1.52 | 1.49 | 1.48 |
| Total Liabilities | 1.51 | 1.44 | 1.40 | 1.41 | 1.31 | 1.23 | 1.08 | 0.97 | 0.92 | 0.84 | 0.82 | 0.81 | 0.61 | 0.58 | 0.47 | 0.39 | 0.33 |
| Retained Earnings | (1.54) | (1.50) | (1.44) | (1.41) | (1.36) | (1.27) | (1.20) | (1.14) | (1.05) | (0.99) | (0.93) | (0.80) | (0.70) | (0.64) | (0.49) | (0.43) | (0.37) |
| Total Stockholder Equity | 0.50 | 0.52 | 0.52 | 0.53 | 0.55 | 0.59 | 0.64 | 0.68 | 0.73 | 0.77 | 0.82 | 0.91 | 0.85 | 0.91 | 1.05 | 1.10 | 1.14 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Net Premiums Earned | 252.00 | 212.60 | 179.50 | 140.00 | 112.50 | 104.30 | 101.20 | 95.70 | 89.30 | 84.40 | 83.90 | 86.60 | 76.50 | 68.20 | 63.20 | 50.60 | 31.20 | 27.40 | 25.40 | 21.50 |
| Net Investment Income | 9.70 | 9.80 | 9.20 | 9.70 | 9.40 | 9.50 | 9.40 | 8.90 | 8.10 | 7.60 | 7.10 | 7.00 | 5.60 | 5.00 | 3.70 | 2.60 | 1.20 | 0.90 | 0.90 | 0.60 |
| Total Revenue | 294.40 | 258.00 | 228.10 | 194.50 | 164.10 | 151.20 | 148.80 | 136.60 | 122.00 | 119.10 | 115.50 | 114.50 | 104.60 | 95.20 | 88.40 | 74.00 | 50.00 | 44.30 | 41.00 | 35.70 |
| Total Benefits & Expenses | 336.20 | 292.60 | 248.70 | 230.80 | 206.70 | 212.60 | 186.60 | 202.40 | 177.10 | 164.30 | 155.10 | 174.10 | 170.50 | 159.90 | 156.50 | 163.10 | 115.00 | 116.90 | 109.40 | 99.90 |
| Tax Provision | 1.60 | 1.20 | 1.10 | 1.20 | 1.30 | 1.00 | (7.80) | 1.90 | 2.10 | 2.10 | 2.80 | 1.90 | 1.30 | 1.10 | (4.40) | 2.30 | 2.90 | 2.20 | 1.90 | 2.20 |
| Net Income | (43.40) | (35.80) | (21.70) | (37.50) | (43.90) | (62.40) | (30.00) | (67.70) | (57.20) | (47.30) | (42.40) | (61.50) | (67.20) | (65.80) | (63.70) | (91.40) | (67.90) | (74.80) | (70.30) | (66.40) |
| Diluted EPS | (0.56) | (0.47) | (0.27) | (0.51) | (0.60) | (0.86) | (0.42) | (0.95) | (0.81) | (0.67) | (0.60) | (0.88) | (0.97) | (0.95) | (0.91) | (1.37) | (1.10) | (1.21) | (1.15) | (1.08) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (3.40) | (0.60) | 20.70 | 4.50 | 5.50 | (47.20) | 13.80 | 16.30 | (11.70) | (29.80) | (16.10) | (6.30) | (50.30) | (46.40) | (28.60) | (54.70) | (40.20) | (39.50) | (49.90) | (38.20) |
| Capital Expenditures | 4.60 | 3.50 | 3.10 | 1.90 | 2.10 | 2.30 | 3.20 | 2.20 | 1.50 | 2.50 | 2.40 | 2.20 | 1.90 | 2.70 | 2.60 | 2.90 | 1.80 | 2.80 | 2.00 | 2.70 |
| Free Cash Flow* | (8.00) | (4.10) | 17.60 | 2.60 | 3.40 | (49.50) | 10.60 | 14.10 | (13.20) | (32.30) | (18.50) | (8.50) | (52.20) | (49.10) | (31.20) | (57.60) | (42.00) | (42.30) | (51.90) | (40.90) |
| Investing Cash Flow | (32.20) | (34.60) | (18.90) | (59.40) | 29.50 | (40.30) | 2.50 | (54.10) | 61.30 | 30.90 | 40.60 | 43.70 | (10.90) | 15.30 | 87.50 | 80.60 | 8.90 | 4.10 | 2.30 | (737.80) |
| Financing Cash Flow | 28.20 | 26.20 | 38.50 | 24.00 | 24.10 | 20.00 | 35.00 | 23.60 | 15.60 | 13.50 | 7.20 | 7.90 | 0.20 | 0.10 | 0.30 | 2.30 | 0.40 | 0.60 | 0.60 | 0.90 |
* Derived from reported values
