Lemonade Q1 2026 IFP up 32%, Gross Profit +159% YoY, Adj. EBITDA Loss Narrows to $17M

Lemonade, Inc.

2026-Q1 EPS reported -$0.47 revenue$258,000,000

In Force Premium reached $1.33B, up 32% YoY; revenue $258M, up 71% YoY.
Gross profit $100M, up 159% YoY; Adj. EBITDA loss ($17M), 64% improvement.
Net loss ($36M), 43% improvement; Adj. Free Cash Flow $17M from ($31M) a year ago.
Pet insurance IFP surpassed $500M; Car IFP grew 60% YoY, fastest growth rate.
Guidance raised: FY 2026 IFP growth 33%, Adj. EBITDA loss improved to ($51)-($47)M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Lemonade, Inc. reported financial results for the three months ended March 31, 2026.

Period: the three months ended March 31, 2026
Result: reported results

Exact text from the filing

On April 29, 2026, Lemonade, Inc. (the "Company") announced its financial results for the three months ended March 31, 2026, by issuing a letter to shareholders.

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Lemonade, Inc. filing history →

Source: SEC EDGAR

accession 0001691421-26-000029

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