---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-26-000047"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2026-07-28T23:00:09+00:00"
generated_at: "2026-07-29T10:05:48.441219+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lemonade Q2 IFP up 32% to $1.43B; Adj. EBITDA loss narrows 54%; expects positive Adj. EBITDA in Q4 2026

## Summary
- IFP $1.43B (+32% YoY), revenue $294M (+79%), gross profit $113M (+76%).
- Adj. EBITDA loss ($19)M, improved 54% YoY; net loss ($43)M in line with prior year.
- LAE ratio dropped to 5% from 13% a year ago, a record low.
- Reinsurance renewal reduces quota share to ~18%, expands catastrophe protection to $40M per event.
- Guidance: Q3 Adj. EBITDA loss ($23)-($20)M; full year loss ($51)-($47)M; Q4 Adj. EBITDA positive ~$8M.

## SEC filing metadata
- accession: 0001691421-26-000047
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2026-07-28T23:00:09+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142126000047/0001691421-26-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142126000047/lmnd-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-26-000047
- JSON: https://secwatch.observer/filing/0001691421-26-000047.json
- Plain text: https://secwatch.observer/filing/0001691421-26-000047.txt

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