---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-22-000080"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T03:57:29.146511+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lemonade Q3 revenue $74M (+107%), net loss $91M; gross loss ratio jumps to 94%

## Summary
- Revenue $74.0M (+107% YoY); net loss $91.4M ($1.37/sh) vs $66.4M ($1.08).
- In-force premium $609.2M (+76%); customers 1.78M (+30%); premium per customer $343 (+35%).
- Gross loss ratio 94% (up from 77%) due to Metromile integration and Hurricane Ian; net loss ratio 105%.
- Q4 2022 guidance: IFP $612-615M; revenue $77-80M; adj. EBITDA loss ($65)-($62)M.
- Chewy partnership (Spring 2023) for pet insurance; UK contents product launched; growth slowdown to 20-25%.

## SEC filing metadata
- accession: 0001691421-22-000080
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000080/0001691421-22-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000080/lmnd-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-22-000080
- JSON: https://secwatch.observer/filing/0001691421-22-000080.json
- Plain text: https://secwatch.observer/filing/0001691421-22-000080.txt

## Key facts
- Earnings Releases
  Lemonade, Inc. reported the quarter ended September 30, 2022 results: revenue $74.0 million, net income Net loss for the period was $91 million.. Guidance reaffirmed.
  - Period: the quarter ended September 30, 2022
  - Revenue: $74.0 million
  - Net income: Net loss for the period was $91 million.
  - Guidance: reaffirmed
  - Result: reported results
  source text: by $56.8 million or 71% as compared to the third quarter of 2021, primarily due to the increase of in force premium earned during the quarter. Revenue Third quarter revenue of $74.0 million increased by $38.3 million or 107% as compared to the third quarter of 2021, primarily due to the increase of gross earned premium during the quarter, and to a lesser extent, a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1691421/000169142122000080/0001691421-22-000080-index.htm

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