Shares of Lemonade (NYSE: LMND) started Thursday's trading on a sweet note, opening the day 13.9% above Wednesday's closing price. But the buzz didn't last long. 90 minutes later, Lemonade was down 6.8% instead. As of this writing at 12:35 p.m. ET, the stock had settled at a 5.5% price drop. The chief reason for this drama was a spectacular earnings report paired with lofty valuation multiples. Lemonade's Q4 was almost too good In Q4 2025, Lemonade's in-force premium rose 31% year over year to $1.24 bil ...

Achieved record gross profit of $111,000,000, a 73% year-over-year increase, driven by nine consecutive quarters of accelerating top-line growth and improving unit economics. Narrowed adjusted EBITDA loss to $5,000,000, representing a $19,000,000 improvement over the prior year as the business nears GAAP profitability. Generated $37,000,000 in positive adjusted free cash flow, marking the second consecutive year of swelling cash reserves due to insurance cash flows preceding GAAP accounting recognitio ...

For the quarter ended December 2025, Lemonade (LMND) reported revenue of $228.1 million, up 53.3% over the same period last year. EPS came in at -$0.29, compared to -$0.42 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $216.67 million, representing a surprise of +5.28%. The company delivered an EPS surprise of +28.97%, with the consensus EPS estimate being -$0.41.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Lemonade (NYSE:LMND) Q4 2025 Earnings call February 19, 2026 08:00 AM ET Company ParticipantsDaniel Schreiber - Co-Founder and CEONicholas Stead - SVP of FinanceShai Wininger - Co-Founder and PresidentTim Bixby - CFOTommy McJoynt - Managing Director of Equity ResearchYael Wissner-Levy - VP of CommunicationsConference Call ParticipantsJack Matten - Equity Research AnalystJason Helfstein - Equity Research AnalystJohn Barnidge - Managing Director and Senior Research AnalystOperatorLadies and gentlemen, thank y ...

Lemonade (NYSE:LMND) Q4 2025 Earnings call February 19, 2026 08:00 AM ET Company ParticipantsDaniel Schreiber - Co-Founder and CEONicholas Stead - SVP of FinanceShai Wininger - Co-Founder and PresidentTim Bixby - CFOTommy McJoynt - Managing Director of Equity ResearchYael Wissner-Levy - VP of CommunicationsConference Call ParticipantsJack Matten - Equity Research AnalystJason Helfstein - Equity Research AnalystJohn Barnidge - Managing Director and Senior Research AnalystOperatorLadies and gentlemen, thank y ...

Financial Data and Key Metrics Changes - In-force premium grew to $1.24 billion, up 31% year-over-year, marking nine consecutive quarters of accelerating growth [5][12] - Revenue increased by 53% to $228 million, significantly outpacing in-force premium growth [13] - Gross profit rose 73% year-over-year to a record $111 million, with adjusted gross profit increasing 69% to $112 million [6][13] - Adjusted EBITDA loss narrowed to $5 million, a $19 million improvement year-over-year [6][18] - Positive adjusted free cash flow of $37 million was generated in Q4, marking the second consecutive year of cash reserve growth [6][12] Business Line Data and Key Metrics Changes - Customer growth was 23%, with approximately 550,000 new customers added in 2025, a 35% increase from the prior year [12] - Gross loss ratio reported at 52%, with a favorable prior period development of 9% driven by home and car products [12][13] - Annual dollar retention remained stable at 85% [14] Market Data and Key Metrics Changes - Pet and car insurance segments are experiencing hypergrowth, with in-force premium growth in the 50s and Europe in triple digits [7][21] - The autonomous car insurance product is expected to significantly impact future growth, with pricing based on real-time data from vehicles [10][11] Company Strategy and Development Direction - The company is focused on leveraging AI technologies to enhance go-to-market operations, pricing, and cross-selling capabilities [8][9] - The autonomous insurance initiative, particularly for Lemonade Autonomous Car, is seen as a key growth driver [10] - The company aims to maintain a competitive advantage through its AI-first culture and technology-driven approach [23][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about achieving EBITDA profitability in Q4 2026 and for the full year of 2027 [6][41] - The company is committed to investing in R&D and enhancing its technology infrastructure to support future growth [35][36] - Management highlighted the importance of maintaining a strong LTV to CAC ratio while increasing growth spend [30][32] Other Important Information - The company ended the quarter with approximately $1.1 billion in cash and investments, with $250 million required as regulatory surplus [14] - Operating expenses increased by 24% year-over-year, primarily due to growth spending [14][15] Q&A Session Summary Question: Improvement in marketing efficiency and EBITDA guidance - Management indicated that the guidance reflects a strong track record and that they are optimistic about growth in 2026, with plans to reinvest marketing efficiency into growth initiatives [28][30][32] Question: Adjusted EBITDA profitability target and premium to surplus - Management confirmed expectations for positive EBITDA in Q4 2026 and the full year of 2027, with ample surplus to support ambitious growth rates [38][41][42] Question: Integration of AI tools like ChatGPT - Management stated that while they currently use their own AI for customer interactions, they are open to exploring other AI tools in the future [45][49] Question: Autonomous vehicle insurance product and pricing models - Management confirmed that they offer both pay-per-mile and fixed pricing models, emphasizing the precision of their pricing based on real-time data [50][52] Question: Strategic initiatives and cross-selling - Management highlighted the importance of cross-selling and the potential for multiple policies to drive growth, while also focusing on enhancing underwriting capabilities [55][57]

Updated as of December 31, 2025 Investor Presentation Forward-Looking Statements This presentation contains statements, estimates or projections that constitute "forward-looking statements" as defined under U.S. federal securities laws. Statements contained in this presentation that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding our anticipated financial performance, our future profitability, our growth expectations and acceleratio ...

Core Viewpoint - Lemonade, Inc. has released its fourth quarter and full year 2025 financial results, which are available on its website [1] Financial Results - The financial results for Q4 2025 and the full year can be found in the Q4 2025 Letter to Shareholders [1] - A conference call is scheduled for today at 8:00 am Eastern time to discuss these results [1]

Lemonade Shareholder Letter Q4 2025 $1,237M131% IN FORCE PREMIUM (IFP) $414-7% PREMIUM PER CUSTOMER 2,984,513123% TOTAL CUSTOMERS IN FORCE PREMIUM ($s in m) KEY METRICS ($s in m) GEP ADJUSTED EBITDA NET LOSS $290 $1,237 $226 $181 $944 $747 ($5) ($24) ($30) ($22) ($29) ($42) Q4 23 Q4 25 Q4 23 Q4 24 Q4 25 Q4 24 NET LOSS / (23%) (7%) (13%) GEP ADJUSTED FREE CASH FLOW ($s in m) ADJUSTED FREE CASH FLOW CASH FLOW FROM OPERATING ACTIVITIES $37 $27 $21 $14 ($11) ($16) Q4 23 Q4 24 Q4 25 1 $111 $64 Dear Shareholders, ...

BOSTON, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Sun Cruiser, one of the fastest-growing brands in the ready-to-drink spirits category[1], is expanding its flavor lineup with the introduction of its NEW Blueberry Lemonade & Vodka, made with real ingredients and premium vodka. Blueberry has been one of the top flavors Sun Cruiser fans have been asking for, and now it’s officially rolling out nationwide. A combination of bright blueberry flavor with touches of lemon peel and rich mixed berry, Blueberry Lemonade & V ...