Q2 FY2026 EarningsQ2 FY26 beat consensus on both top and bottom lines: total revenue was $294.4M vs. $291.5M expected, and GAAP EPS was -$0.56 vs. -$0.56 expected (better than the -$0.58 midpoint). Net earned premium surged 124% YoY to $252M, primarily driven by a strategic reduction in the cession rate within the company's reinsurance program and 34% growth in Gross Written Premium. Net loss of $43.4M showed marginal YoY improvement despite a significant increase in retained risk, while Adjusted EBITDA of -$18.7M significantly outperformed consensus expectations.
Financial report interval: 2026.03.30 - 2026.06.30
Preview: Lemonade(LMND) predict that the Revenue is 294.4 M (+79.4%), Beat estimate;the EBIT is -41.8 M (+1.88%), Beat estimate;the EPS is -0.56 (+6.67%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.29B79.40%
0.29B77.65%
+0.00B1.75%
EBITExceed expectations
-0.04B1.88%
-0.04B0.23%
+0.00B1.65%
EPSExceed expectations
-0.566.67%
-0.56276.21%
+0.00270.46%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf