Lemonade Raises 2026 Outlook as Q1 Revenue Climbs 71%
Lemonade reported first-quarter revenue of $258 million, up 71% from a year earlier and above estimates of about $252 million, while its adjusted loss per share of 47 cents and adjusted EBITDA loss of $17.1 million also came in better than expected. In-force premium rose 32% to $1.33 billion, gross earned premium increased 31% to $306.2 million and gross profit jumped 159% to $100.1 million, while customers climbed 23% to about 3.14 million.
The insurer said it raised full-year guidance and now expects 2026 revenue of $1.197 billion to $1.203 billion, in-force premium of $1.632 billion to $1.639 billion and an adjusted EBITDA loss of $47 million to $51 million. For the second quarter, Lemonade projected revenue of $287 million to $290 million and an adjusted EBITDA loss of $19 million to $23 million, and said it expects an adjusted EBITDA-positive quarter in the fourth quarter.
From the sources (3 posts)
@stocksavvyshay$LMND Q1 EARNINGS • Revenue $258M vs Est. $252M • EPS ($0.47) vs. Est. ($0.57) • EBITDA: ($17M) vs. Est. ($23M) • Gross Earned Premium: $306M (+31% YoY} • Customers: 3.14M (+23% YoY) Q2 Guidance • Revenue $289M vs Est. $288M • EBITDA: ($
@alphasenseinc$LMND reported strong Q1 2026 results marked by accelerating growth, robust underwriting performance, and significant progress toward profitability, with the company raising full-year guidance while highlighting AI-driven operational levera
@wallstengine$LMND Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $258M (Est. $252.4M) 🟢; +71% YoY 🔹 EPS: -$0.47 (Est. -$0.57) 🟢 🔹 In Force Premium: $1.33B; +32% YoY 🔹 Gross Profit: $100.1M; +159% YoY 🔹 Adj. EBITDA: ($17.1M), vs ($47.0M) YoY Q2 Guide: 🔹 In Forc