---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-22-000052"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:52:37.825690+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lemonade Q2 beats expectations: IFP $457.6M, Net Loss $67.9M; guides FY22 adj EBITDA loss ($245-240)M; Metromile closed

## Summary
- Q2 results ahead of expectations: IFP $457.6M (+54% YoY), revenue $50M (+77%), Net Loss $67.9M ($1.10/share), Adj EBITDA loss $50.3M.
- Metromile acquisition closed July 28 for ~$145M in stock; added $110M IFP, >$155M cash, 49 state licenses.
- FY22 consolidated guidance: IFP $610-615M, Adj EBITDA loss ($245-240)M, improved from prior standalone ($280-265)M; peak losses expected Q3 2022.
- Gross loss ratio improved to 86% from 96% in Q4 2021; cross-sells/upsells 23% of sales; LTV6 model deployed to rebalance portfolio.
- Company fully funded to profitability; moderated growth spend and hiring; expects to achieve profitability without further capital raise.

## SEC filing metadata
- accession: 0001691421-22-000052
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000052/0001691421-22-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000052/lmnd-20220808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-22-000052
- JSON: https://secwatch.observer/filing/0001691421-22-000052.json
- Plain text: https://secwatch.observer/filing/0001691421-22-000052.txt

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