---
title: "Lemonade Boosts Forecast Amid Premium Growth Momentum"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294236196.md"
description: "Lemonade reported Q2 revenue of $294.4 million, up 79% year-over-year, beating estimates despite a $0.56 EPS loss. Adjusted EBITDA losses narrowed to $18.7 million. Driven by premium growth momentum, the company raised its FY26 revenue guidance to $1.214-$1.22 billion and provided strong Q3 outlooks. Despite positive financial metrics, shares fell over 23% following the mixed results."
datetime: "2026-07-29T16:35:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294236196.md)
  - [en](https://longbridge.com/en/news/294236196.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294236196.md)
generator: "portal-rs"
---

# Lemonade Boosts Forecast Amid Premium Growth Momentum

**Lemonade, Inc.** (NYSE:LMND) shares are trading lower after the company reported mixed second-quarter results.

The company lost 56 cents per share, in line with analyst expectations.

Revenue came in at $294.4 million, exceeding the consensus estimate of $290.876 million.

## Earnings Snapshot

-   Revenue rose 79% year over year (Y/Y), driven by higher gross earned premiums and an improved premium retention rate.
-   Adjusted gross profit increased 74% Y/Y to $114.4 million, reflecting higher revenue.
-   Adjusted EBITDA loss narrowed to $18.7 million from the loss of $40.9 million in the prior-year quarter, supported by revenue growth and improved underwriting results.
-   In-force premium rose 32% Y/Y to $1.43 billion, while premium per customer increased 8% Y/Y to $433 in the quarter. Gross earned premium increased 32% Y/Y to $332.4 million in the first quarter.
-   As of June 30, cash, cash equivalents, and investments totaled approximately $1.2 billion.

 **Read Also: Jim Cramer Wishes Lemonade 'Made Some Money,' Recommends Buying ‘Terrific’ Industrial Stock** 

## Outlook

The company raised its fiscal year 2026 revenue guidance to $1.214 billion-$1.22 billion from the previous range of $1.197 billion-$1.203 billion, above the analyst estimate of $1.207 billion.

For the third quarter of 2026, Lemonade expects revenue of $323 million-$326 million, compared with the consensus estimate of $320.445 million.

The company sees an in-force premium outlook of $1.632 billion-$1.639 billion in FY26 and $356 million-$359 million in the third quarter.

**LMND Stock Price Activity**: Lemonade shares were down 23.02% at $47.81 at the time of publication on Wednesday.

*Photo via Shutterstock*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**