earnings
confidence high
sentiment positive
materiality 0.75
Lemonade Q2 IFP $1.08B (+29%), gross profit +109%, raises FY guidance
Lemonade, Inc.
2025-Q2 EPS reported
-$1.45
revenue$315,300,000
- IFP $1.08B (+29% YoY), 7th consecutive quarter of accelerating growth; revenue grew 35%.
- Gross loss ratio 67% in Q2 (12 pts YoY improvement); TTM loss ratio 70%, down 3 pts sequentially.
- Gross profit $64.3M (+109%), margin 39% (+14 pts); net loss ($44M) improved 23% YoY.
- Car segment IFP +12% sequentially; gross loss ratio 82% (13 pts YoY improvement).
- Raised FY2025 IFP/GEP/revenue guidance; reiterated Adj. EBITDA; expect positive Adj. FCF and Adj. EBITDA by end FY2026.
item 2.02item 9.01