---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-24-000019"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:10:44.271434+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lemonade Q4 revenue up 31% YoY; guides 2024 IFP growth ~26% with improving bottom line

## Summary
- Q4 revenue $115.5M (+31% YoY); net loss $42.4M ($0.61/shr) improves 33% YoY.
- Gross loss ratio 77% (improved 12 pts YoY); gross profit $33.6M (+165% YoY).
- 2024 guidance: IFP $938-942M (~26% growth); Adj. EBITDA loss $160-155M (~10% improvement).
- Cash & investments $945M; on track for positive cash flow H1 2025, Adj. EBITDA positive by 2026.
- Europe contributes ~30% of net-new customers; homeowners rebalancing continues.

## SEC filing metadata
- accession: 0001691421-24-000019
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142124000019/0001691421-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142124000019/lmnd-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-24-000019
- JSON: https://secwatch.observer/filing/0001691421-24-000019.json
- Plain text: https://secwatch.observer/filing/0001691421-24-000019.txt

## Key facts
- Earnings Releases
  Lemonade, Inc. reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 27, 2024, Lemonade, Inc. (the "Company") announced its financial results for the quarter and year ended December 31, 2023 by issuing a letter to shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1691421/000169142124000019/0001691421-24-000019-index.htm

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