- Revenue: $164.1M (Est. $161.4M) ✅; UP +46% YoY
- EPS: -$0.60 (Est. -$0.80) ✅
- In-Force Premium: $840M; UP +22% YoY
Customer & Premium Metrics
- Premium per Customer: $394; UP +11% YoY
- Total Customers: 2.1M; UP +10% YoY
- Policies in Force: 2.13M
- Annual Dollar Retention (ADR): 87%
Other Q2 Metrics:
- Gross Profit: $41.3M; UP +91% YoY
- Adj EBITDA: -$30.4M
- Net Loss: $41.6M
- Gross Loss Ratio: 77% (vs. 94% YoY)
- Cash & Investments: $888M
- Net Cash Used in Operating Activities: -$29.8M
CEO comment:
🟡 "We achieved record sales and margin improvements. This is the strongest second quarter in Lemonade's history."
🟡 "We are on track to achieve our target of adjusted EBITDA profitability by mid-2026."
$BRO (+0.94%)
$BRK.B (+0.72%)
$BRK.A (+0.7%)
$PGR (+0.34%)
$ALV (-0.18%)
$MUV2 (-0.02%)
$CS (-0.7%)
$HNR1 (-0.08%)
$UNH (+0.46%)
$ALL (+0.14%)
$601318
$CB (+0%)
$ZURN (+0.61%)
$TLX (+0.13%)
$HSX (-0.98%)
