Education
About Us
Working with TipRanks
Follow Us
Lemonade (LMND)
NYSE:LMND
Earnings Data
Report Date
May 12, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.58Last Year’s EPS
-0.86Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong and broad‑based operational and financial momentum: high single‑ and double‑digit top‑line growth, large increases in gross profit and improving adjusted gross margins, robust customer additions, positive free cash flow, and near‑term adjusted EBITDA breakeven trajectory. The company is investing aggressively in growth, AI/telematics (notably autonomous car insurance), and platform initiatives that management expects will compound future advantages. Offsetting this are continued GAAP net losses, rising operating expenses (driven by scaled growth spend and select G&A increases), some reliance on prior period reserve development to improve loss metrics, and uncertainties around the pace of autonomous adoption and the magnitude/timing of R&D investments. Overall, the positives—strong revenue, gross profit expansion, cash generation, and clear product/AI initiatives—materially outweigh the negatives in the near term.Company Guidance
Record Quarter: Revenue and In‑Force Premium Growth
In Q4 2025 in‑force premium reached $1,240,000,000, up 31% year‑over‑year, extending nine consecutive quarters of accelerating growth; revenue grew 53% year‑over‑year to $228,000,000.
Strong Profitability Momentum
Gross profit increased 73% year‑over‑year to $111,000,000; adjusted gross profit rose 69% to $112,000,000. Gross margin was ~48% and adjusted gross margin ~49%; adjusted gross profit as a percentage of gross earned premium improved to 39% from 29% (up 10 percentage points).
Near‑Term Profitability and Cash Generation
Adjusted EBITDA loss narrowed to $5,000,000 in Q4 (a $19,000,000 improvement year‑over‑year); adjusted free cash flow was positive $37,000,000 in the quarter (third consecutive positive quarter and six of the last seven). Operating cash flow was $21,000,000 and cash & investments totaled roughly $1,100,000,000 (approximately $250,000,000 held as regulatory surplus). Management reiterated expectations for EBITDA profitability in Q4 2026 and full‑year EBITDA positivity in 2027.
Customer Growth and Premium Per Customer Expansion
Customer count grew 23% year‑over‑year while premium per customer increased ~7%. The company added about 550,000 new customers in 2025, ~35% more than the prior year.
Marketing Efficiency and Scalable Growth Spend
Marketing efficiency remains strong with an LTV‑to‑CAC ratio above 3x. Q4 growth spend was $53,000,000 (up 48% YoY); management expects growth spend to be about $225,000,000 for the year. Revenue growth outpaced IFP growth by more than 20 percentage points (53% vs 31%), indicating improving monetization.
Product and Geographic Momentum
Management highlighted diversified growth: pet and car lines showing growth “in the fifties” (percent), and Europe growing in the triple digits (percent), indicating broad‑based product and regional expansion.
Autonomous Insurance Innovation
Launched Lemonade Autonomous Car (initially with Tesla integration). Data shows Tesla FSD miles are more than 50% safer than equivalent human‑driven miles; autonomously driven miles are currently priced at ~50% of human‑driven miles. Pricing dynamically adjusts to software and hardware improvements, positioning Lemonade to capture long‑term AI/telematics advantages.
LMND Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LMND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $65.73 | $61.67 | -6.18% |
Nov 05, 2025 | $58.66 | $78.73 | +34.21% |
Aug 05, 2025 | $37.00 | $47.93 | +29.54% |
May 06, 2025 | $30.00 | $30.31 | +1.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lemonade (LMND) report earnings?
Lemonade (LMND) is schdueled to report earning on May 12, 2026, TBA (Confirmed).
What is Lemonade (LMND) earnings time?
Lemonade (LMND) earnings time is at May 12, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LMND EPS forecast?
LMND EPS forecast for the fiscal quarter 2026 (Q1) is -0.58.
