---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-22-000012"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2022-02-23T23:59:59+00:00"
generated_at: "2026-06-27T05:32:51.244288+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lemonade Q4 revenue $41M (+100% YoY), net loss $70.3M; gross loss ratio 96%; 2022 peak loss year

## Summary
- Q4 revenue $41.0M (+100% YoY); gross earned premium $89.3M (+79%). Net loss $70.3M ($1.14 loss per share) vs $33.9M loss in Q4 2020.
- Gross loss ratio 96% (up from 73% Q4 2020, 77% Q3 2021), driven by unfavorable prior-period development and mix shift to home & pet.
- Customers 1.43M (+43%), in-force premium $380.1M (+78%), premium per customer $266 (+25%), annual dollar retention 82% (+4ppts).
- FY 2022 guidance (ex-Metromile): IFP $530-540M, revenue $202-205M, Adj EBITDA loss $(290)-(275)M. Calls 2022 'peak losses'; Metromile deal expected Q2 close.

## SEC filing metadata
- accession: 0001691421-22-000012
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2022-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000012/0001691421-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000012/lmnd-20220223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-22-000012
- JSON: https://secwatch.observer/filing/0001691421-22-000012.json
- Plain text: https://secwatch.observer/filing/0001691421-22-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.