secwatch.observer — SEC 8-K summary
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Issuer:     Lemonade, Inc. (LMND)
CIK:        0001691421
Form:       8-K
Filed at:   2026-07-28T23:00:09+00:00
Accession:  0001691421-26-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691421/000169142126000047/0001691421-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691421/000169142126000047/lmnd-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001691421-26-000047

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