Quarterly ResultNov 5, 2026, 10:37 AM
Lemonade Q3 Revenue Jumps to $336.1M; Net Loss Widens to $43.7M
AI Summary
Lemonade, Inc. filed its 10-Q report for the period ending September 30, 2026. The company reported a significant increase in revenue for both the three-month and nine-month periods, reaching $336.1 million and $888.5 million respectively. However, the company also reported a net loss of $43.7 million for the three-month period and $122.9 million for the nine-month period. Total assets grew to $2,089.3 million, while total liabilities also increased to $1,617.5 million. Borrowings under financing agreements saw a notable rise.
Key Highlights
- Lemonade, Inc. reported total revenue of $336.1 million for the three months ended September 30, 2026, an increase from $194.5 million in the prior year period.
- Net loss for the three months ended September 30, 2026, was $43.7 million, compared to a net loss of $37.5 million for the same period in 2025.
- Total revenue for the nine months ended September 30, 2026, reached $888.5 million, up from $509.8 million in the prior year period.
- Net loss for the nine months ended September 30, 2026, was $122.9 million, an improvement from a net loss of $143.8 million in the prior year period.
- Total assets increased to $2,089.3 million as of September 30, 2026, from $1,925.7 million as of December 31, 2025.
- Total liabilities increased to $1,617.5 million as of September 30, 2026, from $1,392.1 million as of December 31, 2025.
- Borrowings under financing agreement increased to $231.6 million as of September 30, 2026, from $158.1 million as of December 31, 2025.
Price Impact
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