secwatch.observer — SEC 8-K summary
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Issuer:     Lemonade, Inc. (LMND)
CIK:        0001691421
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001691421-25-000146
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lemonade Q3 IFP growth accelerates to 30%; gross profit more than doubles YoY to $80M
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- IFP $1,158M (+30% YoY); eighth consecutive quarter of accelerating growth; Car IFP $163M (+40% YoY).
- Gross profit $80M (+113% YoY); margin 41% (+14 pts); gross loss ratio 62% (+11 pts YoY, best ever).
- Net loss $38M (improved 45%); Adj. EBITDA loss $26M (improved 48%); Adj. FCF +$18M, operating cash flow +$5M.
- Raised FY25 guidance: IFP $1,218-1,223M, Adj. EBITDA loss ($130)-($127)M; expect positive Adj. EBITDA in Q4 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691421/000169142125000146/0001691421-25-000146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691421/000169142125000146/lmnd-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001691421-25-000146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer