Consensus expectations for Q2 2026 stand at $291.5 million in revenue and an EPS loss of $0.56, with the current stock price of $64.10 trading just below the analyst consensus target of $66.78.
The primary focus for investors is the continued improvement of the Gross Loss Ratio, which fell to 62% last quarter as the company’s AI-driven underwriting gains traction.
Lemonade has beaten earnings expectations for eight consecutive quarters, supported by 32% growth in In-Force Premium and increasing customer retention. Markets are also closely monitoring the recent reduction in reinsurance cession from 20% to 18%, which allows the firm to retain more gross profit as it nears its goal of positive Adjusted EBITDA by year-end.