Lemonade, Inc. (LMND) Earnings Call Transcripts
Lemonade, Inc.'s Latest Earnings Call - June 10, 2026
In the second quarter of fiscal year 2026, Lemonade, Inc. reported significant growth, marking its tenth consecutive quarter of accelerating revenue. The company achieved a revenue of $150 million, which was above the consensus estimate of $140 million, reflecting a year-over-year growth of 35%. Management maintained their guidance for the fiscal year, projecting revenues to reach $600 million, up from previous estimates of $580 million, indicating strong momentum in their auto and pet insurance segments.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $150M (beat) |
| Customer Growth | 1.5M (positive) |
| Auto Insurance Sales Growth | 100% YoY (positive) |
| European Growth Rate | Triple-digit (positive) |
| Guidance for FY 2026 Revenue | $600M (positive) |
| Path to Net Profitability | Late 2027 (neutral) |
Guidance from management
Management maintained their guidance for fiscal year 2026, projecting revenues of $600 million, up from previous estimates of $580 million, and reaffirmed their target for net profitability by late 2027.
What management said
My best guess is that you will see some I don't have any insight. This is a full year speculative my best guess is that they will scramble to get something that sounds similar Okay. So they might start getting discount for cars with FSD. But I think getting to the kind of granularity that I described is beyond our systems and will take a very long time. .
No, the billing systems aren't supported. They don't have the telematics, the haven't integrated their APIs with the OEMs, I think they've got a journey ahead would be my best guess.
What analysts pressed on
Analysts expressed concerns about the competitive landscape and the potential for larger incumbents to catch up with Lemonade's technology. There were also questions regarding the sustainability of growth rates in the auto insurance segment amidst increasing competition.
Main topics on the call
- Revenue Growth Acceleration — Lemonade reported a revenue of $150 million for Q2 2026, exceeding the consensus estimate of $140 million. CEO Dan Schreiber noted, "Our revenue almost tripled...we've added close to 1.5 million customers," highlighting ...
- Auto Insurance Expansion — The auto insurance segment is growing rapidly, with new sales increasing over 100% year-on-year. Schreiber emphasized the competitive edge, stating, "We are able to give 30% savings to those 2/3" of drivers who are bette...
- Telematics and AI Integration — Lemonade's use of telematics for auto insurance pricing is a key differentiator. Schreiber mentioned, "We have collected over 1 trillion data points already," allowing for precise pricing based on driving behavior.
- European Market Growth — Lemonade is experiencing triple-digit growth in Europe, with Schreiber stating, "We're seeing those markets do well...Germany not a great, Holland better, France, Better still, U.K. is on fire." This indicates strong int...
Read the full Lemonade, Inc. transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Lemonade, Inc.
Lemonade, Inc. (LMND) is a publicly listed company in the Insurance industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 35 calls on record spanning August 12, 2020 to July 29, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 35 Lemonade, Inc. earnings call transcripts on record, spanning August 12, 2020 to July 29, 2026. Based on this history, Lemonade, Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- LMND
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Insurance
- Calls on record
- 35
- First call
- August 12, 2020
- Most recent
- July 29, 2026
- Reporting cadence
- quarterly