LMND · Lemonade, Inc.

Track LMND — free

$52.39 -0.57 (-1.08%)

Russell 2000 member Rebalance outlook locked

Market Cap

$4.10B

77.40M

Up next

Next earnings call

Oct 29, 2026 Est · unconfirmed · in 8 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Aug 4, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Sell

SellHoldBuy

Technical Sell Momentum Weak Sentiment Neutral Fundamentals Strong Quant / Vol Very High

Market backdrop VIX 14.4 · calm Equity put/call 0.62

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −18%

below

Price vs 50-day avg −11%

below

RSI (14) 45

neutral

MACD trend Positive

52-week position 11%

near low

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Weak

1-month return +10%

trailing

6-month return −4%

trailing

YTD return −26%

this year

Relative strength −17%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $59 › 200d $65 — 200d above 50d

Institutional flow Distributing

-2% holders QoQ · +58 funds added

Insider flow Distributing

Net -$1.0M over 90 days · 100% sells

Short interest Falling

12.90% of float · ▼ -4.7% MoM · 8.5 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

342 holders — mid 3-yr range

Squeeze score 62

elevated · 0–100

Fundamentals

Strong

Revenue growth +40%

Y/Y

EPS growth +21%

Y/Y

Free cash flow $-25.9M

Quant / Vol

risk profile

Very High

Volatility 81%

annualized · 1-yr

Max drawdown −51%

past year

ATR 5.2%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 8 of last 8

Latest guidance · from the Earnings Call filed Jun 30, 2026

Q3 2026

In force premium (IFP) growth Initiated 33%

Revenue growth Initiated 69%

full year 2026

In force premium (IFP) growth Initiated 33%

Prior guidance period ended · from the Earnings Call filed Mar 31, 2026

Revenue growth · Q2 2026 77%

Guided vs delivered · last 8 settled

Revenue Q1 2024

guided $111M – $113M

guided $111M – $113M $119.1M Beat +6.3%

Revenue full year 2024

guided $505M – $510M

guided $505M – $510M $526.5M Beat +3.7%

Revenue fourth quarter

guided $107M – $109M

guided $107M – $109M $115.5M Beat +6.9%

Revenue full year

guided $421M – $423M

guided $421M – $423M $429.8M Beat +1.8%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell

3 · 3 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−18% Bearish

Price vs 50-day avg

−11% Bearish

RSI (14)

45 Neutral

MACD trend

Positive Bullish

52-week position

11% Bearish

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bearish · 2 of 6

Trend (MA cross) No cross

50d $59 › 200d $65 — 200d above 50d

Institutional flow Distributing

-2% holders QoQ · +58 funds added

Insider flow Distributing

Net -$1.0M over 90 days · 100% sells

Short interest Falling

12.90% of float · ▼ -4.7% MoM · 8.5 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

342 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $47 Now $53 · 11% Range high $97

vs 200-day avg -18% vs 50-day avg -11%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted EBITDA non-GAAP	-$35.8M	Six Months Ended June 30	—

Adjusted Free Cash Flow non-GAAP	$36.2M	Six Months Ended June 30, 2026	—

Adjusted Gross Profit non-GAAP	$114.4M	Q2 2026	—

GAAP → non-GAAP reconciliation GAAP Gross profit 113.2M -9.7M Net investment income -1.2M Interest income and other income +4.9M Employee-related expense +6.7M Professional fees and other +0.5M Depreciation and amortization = Adjusted gross profit 114.4M
Adjusted Gross Profit Margin non-GAAP	39%	Q2 2026	—

Annual Dollar Retention	85%	Q2 2026	—

Car LAE Ratio	7%	Q2 2026	—
Customers	3,308,666	Q2 2026	—

Gross earned premium	$332.4M	Three Months Ended June 30	—

Gross loss ratio	60%	Three Months Ended June 30	—

Gross loss ratio ex-CAT	58%	Q2 FY2026	—

Gross Profit Margin	38%	Q2 2026	—

In Force Premium	$1.43B	Q2 2026	—

LAE Ratio	5%	Q2 2026	—
Net Loss Ratio	61%	Q2 2026	—

Premium per Customer	$433	Q2 2026	—

Ratio of Adjusted Gross Profit to Gross Earned Premium non-GAAP	34%	Q2 2026	—

TTM gross loss ratio	59%	Q2 FY2026	—

Attritional gross loss ratio	54%	Three months ended March 31, 2026	—

Ceded earned premium	-$93.6M	Three months ended March 31, 2026	—
Ceded written premium	-$69.9M	Three months ended March 31, 2026	—
Free Cash Flow	-$4.1M	Three months ended March 31, 2026	—

GAAP → non-GAAP reconciliation GAAP Cash flow from operating activities -$0.6M -$3.5M Capital expenditures = Free Cash Flow -$4.1M
Gross written premium	$343.9M	Three months ended March 31, 2026	—

Growth spend	$54.3M	Q1 2026	—
Net earned premium	$212.6M	Three months ended March 31, 2026	—
Net written premium	$274M	Three months ended March 31, 2026	—

CAT (excl. PPD)	1%	Three months ended Dec. 31, 2025	—
Cost of Handling Pet Claims	$14	FY 2025	—
LAE (excl. PPD)	6%	Three months ended Dec. 31, 2025	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Insurance - Property & Casualty — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
LMND Lemonade, Inc. this stock	$4.10B	-25.6%	+40.2%	—	12.9%
CB Chubb Ltd	$131.84B	+8.9%	+6.5%	12.0	1.0%
PGR Progressive Corp/Oh/	$127.11B	-4.0%	+16.3%	11.0	1.0%
TKOMY Tokio Marine Holdings, Inc.	$91.57B	+30.3%	—	—	0.0%
TRV Travelers Companies, Inc.	$77.15B	+27.5%	+5.2%	9.9	2.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

342

% held: 67.5%
Net QoQ: +1.7M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

201

View

Short & Settlement

Short Interest Falling

Shares short

10.0M

Days to cover: 8.5d
Change: -495.6K sh

View

Short Volume

Short vol %

42%

As of: Aug 28, 2026

Short Total

View

Fails to Deliver

FTD shares

305

Value: $16.1K
As of: Aug 11, 2026

View

Off-Exchange

Off-exchange %

40.6%

Week of: Jul 27, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$1.0M

Buyers / Sellers: 0 / 3

Buyers Sellers

View

Congressional Trades Sell

Member

William F Hagerty, IV

Amount: $1.0K–$15.0K
Traded: May 6, 2022

View

Financials

Revenue (FY)

$737.9M

Net income (FY): $-165.5M
EPS diluted: $-2.24

View

Filings

SEC Filings

Latest

10-Q

Filed: Aug 4, 2026
This year: 11

View

Proposed Sales

Value

$578.0K

Shares: 11.0K
Filed: Aug 13, 2026

View

Earnings & Events

Earnings Calls

Last call

Jul 29, 2026

View

Performance

	5D	20D	120D	MTD	YTD
LMND	-0.8%	+9.6%	-3.9%	+9.6%	-25.6%
SPY	+0.5%	+3.0%	+13.4%	+3.0%	+12.8%
vs SPY	-1.2%	+6.6%	-17.3%	+6.6%	-38.4%

Key facts CIK 1691421 CUSIP 52567D107 13F (30d) 255 filings 253 filers Visit website Investor relations

LMND · Lemonade, Inc.

Price & Indicators

Up next

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance