secwatch.observer — SEC 8-K summary
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Issuer:     Lemonade, Inc. (LMND)
CIK:        0001691421
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001691421-26-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691421/000169142126000029/0001691421-26-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691421/000169142126000029/lmnd-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001691421-26-000029

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