Lemonade posts Q3 2026 results with strong revenue growth and narrows loss
Lemonade reported third‑quarter 2026 revenue of $336.1 million, a 73 % increase from the prior year, and gross profit of $118.1 million. Net loss widened to $43.7 million while adjusted EBITDA loss improved to $20.4 million. The company said it expects adjusted EBITDA of $5 million‑$9 million in Q4 2026 and reiterated its goal of positive adjusted EBITDA for full‑year 2027. Customer count rose 23 % YoY to 3,520,555.
Why it matters
Management indicated that the Q4 adjusted‑EBITDA range of $5 million‑$9 million would mark a step toward profitability, which could support the stock’s valuation. The guidance also signals continued revenue momentum for investors.
Key facts
- 1Q3 2026 revenue was $336.1 million, up 73 % year over year. tradingview.com
- 2Gross profit for the quarter was $118.1 million. tradingview.com
- 3Net loss amounted to $43.7 million. tradingview.com
- 4Adjusted EBITDA loss narrowed to $20.4 million. tradingview.com
- 5Customers increased 23 % YoY to 3,520,555. tradingview.com
- 6Adjusted EBITDA is expected to be $5 million‑$9 million in Q4 2026. seekingalpha.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.