All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2017; the latest 2023-03-02.
From the record
Lemonade, Inc.'s filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-03-02) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+64.6% a year over 8 filed years; profitable in 0 of 8.
From the record
Lemonade, Inc.'s 8 filed years say what it did: revenue went from $23 million in fiscal 2018 to $738 million in fiscal 2025, up 64.6% a year; it rose in 7 of 7 years; it never fell from a peak; net income was positive in 0 of 8 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 3.1/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Lemonade, Inc.'s shareholder treatment is put at 3.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 31% of 60 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -31%: lost 31¢ per shareholder dollar. Leverage 72%: owes 72¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Lemonade, Inc. lost about 31 cents for every dollar of shareholders' money. Leverage: it owed about 72 cents per dollar of assets, and net share issuance: its share count grew 4.1% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 43% of 60 in its family; net margin -22.4%.
From the record
Lemonade, Inc.'s standing among 60 graded names in its industry family: revenue of $738 million in fiscal 2025 ranks in the bottom 31% by size; a net margin of -22.4% ranks in the bottom 8%; revenue growth of 42.2% a year over the last 3 filed years ranks in the top 11% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 33% of 47 in its family for leadership; chief executive since 2020.
From the record
Lemonade, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schreiber, Daniel A. (Chief Executive Officer, as filed), filing under that title since 2020-07-02, 6.4 years (top 46% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 4.1 years (bottom 10%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 48% of 60 in its family for room to expand.
From the record
Lemonade, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $397 million against no long-term debt tagged leaves 20.6% of its assets as net cash, top 7% of its family; cash from operations less capital spending is -3.5% of revenue (bottom 13%); research spending of 12.7% of revenue (top 50%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 48% of 56 in its family for growth drivers.
From the record
Lemonade, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 42.2% a year over the last three filed years against 64.6% over all 8, slowing (bottom 3% of its family); the newest year grew 40.2% (top 6%); research spending grew 5.7% a year (top 50%); capital spending grew -2.4% a year (bottom 48%) (its annual reports). Lemonade, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 36% of 56 in its family for expectations against reality.
From the record
Lemonade, Inc.'s newest year against its own record: revenue of $738 million in fiscal 2025 came in 2.1% below the $754 million its prior three years' pace pointed to (top 31% of its family); net income of $166 million against a prior three-year average of $246 million (bottom 31%); a net margin of -22.4% against -69.8% before (top 8%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made