---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-22-000036"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2022-05-09T23:59:59+00:00"
generated_at: "2026-06-25T22:29:35.083436+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lemonade Q1 IFP $419M up 66% YoY; net loss $74.8M; guides FY22 IFP $535-545M ex-Metromile

## Summary
- IFP at $419M, up 66% YoY; customers up 37% to 1.5M; premium per customer $279 (+22%).
- Revenue $44.3M (+89%); adjusted gross profit $16.3M (+226%); gross loss ratio 90% vs 121% prior year.
- Net loss $74.8M ($1.21/sh) vs $49M loss; adjusted EBITDA loss $57.4M vs $41.3M loss.
- Q2 guidance: IFP $445-450M, adj EBITDA loss $70-65M; FY22 IFP $535-545M (ex-Metromile), adj EBITDA loss $280-265M.
- Illinois mega-bundle customers show 40% higher bundle rates; overall annual dollar retention 82%.

## SEC filing metadata
- accession: 0001691421-22-000036
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2022-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000036/0001691421-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000036/lmnd-20220509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-22-000036
- JSON: https://secwatch.observer/filing/0001691421-22-000036.json
- Plain text: https://secwatch.observer/filing/0001691421-22-000036.txt

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