Lemonade Shares Drop More Than 22% After Earnings Beat And CFO Departure
Lemonade reported second-quarter revenue of $294 million, slightly exceeding the $292 million average analyst estimate, but the company's stock fell more than 22% following the earnings release.
The insurer posted an adjusted EBITDA loss of $18.7 million and set full-year 2026 revenue guidance between $1.21 billion and $1.22 billion. Investor reaction was driven by the ongoing profitability challenges and the announcement that chief financial officer Tim Bixby will step down by the end of the year.
From the sources (4 posts)
@wallstengineLEMONADE $LMND Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $294.4M (Est. $290.9M) 🟢; +79% YoY 🔹 EPS: -$0.56 (Est. -$0.56) 🟡 🔹 In Force Premium: $1.43B; +32% YoY 🔹 Adjusted EBITDA Loss: -$18.7M FY26 Guide: 🔹 Revenue: $1.21B-$1.22B (Est. $1.21B) 🟡
@stocksavvyshay$LMND Q2 EARNINGS • Revenue $294M vs Est. $292M • EPS ($0.56) vs. Est. ($0.56) • EBITDA: ($19M) vs. Est. ($21M) • Gross Earned Premium: $332M (+32% YoY) • Customers: 3.31M (+23% YoY) Q3 Guidance • Revenue $325M vs Est. $321M • EBITDA: ($
@stocksavvyshay$LMND DOWN OVER 22% 😳
@wallstengine$LMND -21%